Technical
Financial
Distress signals
Property profile

9051 Cerritos Ave Anaheim, CA 92804

OFF-MARKET
Retail space
Property ID
US09-1787042
2,180 SF 0.11 ac lot Built 1962
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional retail opportunity presents itself in the form of the Cerritos Shopping Center, a well-established strip center totaling 7,560 square feet. Currently, there is a prime vacant space of 1,350 square feet available for lease, perfect for a variety of retail businesses seeking high visibility and foot traffic. The center boasts a multi-tenant occupancy, indicating a thriving and established commercial environment. The property's location within the Cerritos area offers excellent access to a dense population base and significant consumer spending power. The available space is adaptable and ready for immediate occupancy, providing a seamless transition for new tenants. This is an ideal opportunity for businesses looking to establish or expand their presence in a bustling retail hub. The existing tenants contribute to a vibrant and diverse shopping experience, creating a synergistic environment for potential new occupants. The 1,350 square foot space offers ample room for a variety of retail concepts, from boutiques and specialty stores to service-oriented businesses. The property's design and layout are conducive to a comfortable and efficient shopping experience for customers. This is a rare chance to secure a prominent location within a successful and well-maintained retail center. Don't miss this chance to become part of a thriving commercial community. Inquire today to learn more about leasing this exceptional retail space.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1962
Total area 2,180 SF
Lot 0.11 ac (4,605 SF)
APN 127-451-39
UPID US09-1787042

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon

Location

9051 Cerritos Ave Anaheim, CA 92804-5801
Anaheim metro Census 87806 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.55M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.57M

Owner & transaction history

since 2023
Last sale
$1.6M
3 recorded transactions
2023
$1.6M
2021
Price N/A
2003
Price N/A

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $1.0M +23.5%
Auto repair, garage $970,000 +17.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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