19112 Gridley Road
Cerritos, CA 90703
Active for $6,500,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 42,343 sqft
MLS | OC24203919 |
Year Built | 2013 |
Property Type | Business |
County | Los Angeles |
Status | Active |
Active | $6,500,000 |
Structure Size | N/A sqft |
Lot Size | 42,343 sqft |
Beds | N/A |
Baths | N/A |
Description
Discover an exceptional investment opportunity in the heart of Cerritos’ bustling commercial district! This modern office building, completed in 2014, sits on nearly one acre and offers easy access to top amenities. Enjoy a short walk to the Los Cerritos Shopping Center, Starbucks, Target, and other popular chain stores. it is located in the same plaza with 85°C Bakery Café, Gen Korean BBQ, Jollibee Chicken, and many other popular restaurants and stores. The property boasts ample parking and 24-hour access, making it convenient for tenants and clients alike. With low management and maintenance costs, this building has maintained high occupancy rates since completion, yielding over 7.5% returns. Current seller uses around 3500 sf on the first floor which the new buyer may can use immediately or seller lease back upon closing. Don’t miss out on this rare chance to invest in a thriving location with endless potential!
Listing information courtesy of: Danny Yao, Universal Elite Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of 11/22/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.