This is a unique chance to acquire a standalone 22,112 SF retail building in front of the prominent Cerritos Mall. Opportunities like this are exceptionally rare, with no comparable properties available in the area and only one other property currently for sale.
Positioned in a premier retail corridor with a 5-mile population of 591,946 and a daily traffic count exceeding 65,000 vehicles within 0.25 miles, this property offers unmatched visibility and accessibility. 605 off ramp is only .22 miles away making giving it great access surrounding cities.
User-Owners: Make It Your Own
This property offers an incredible opportunity for user-owners to take full control and customize the space to suit their needs as soon as escrow closes. By owning rather than leasing, you can avoid an approximate annual lease expense of $663,000, while benefiting from potential property appreciation and the tax advantages of depreciation. Secure your business's future in this prime retail location while building equity in a thriving market.
Investor-Owners: Exceptional Income Potential in a Desirable Location
Situated in one of the most desirable retail corridors, this property offers investors the opportunity to attract top-tier franchise stores or restaurants, thanks to its prime location in front of the Cerritos Mall. With rental rates in the $30–$40 per square foot range and potential cap rates exceeding 6%, this building represents a rare chance to secure a high-performing asset in a thriving market. Don't miss the opportunity to add a premium investment property to your portfolio.