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14982797
14982798

18331 Gridley Rd, Cerritos, CA 90703

SH
CA CA 01922147
Coldwell Banker Commercial BLAIR
GB
CA 01484265
Coldwell Banker Commercial BLAIR
VM
CA 02074710
Coldwell Banker Commercial BLAIR
Listed by Coldwell Banker Commercial BLAIR
$11,250,000
846 days on market
Updated 49 days ago

18331-18327 Gridley Road

Details
APN 7038-014-002
Property Type Office
Sub Type Traditional Office
Square Footage 21,706
Tenancy Multi
Price per SqFt $518
Class B
Year Built 1981
Lot Size (SqFt) 75,102
Zoning CR
Parking Spaces 110 spaces
Parking Per SqFt 5.07

Office | 21,706 SqFt

Marketing description

Coldwell Banker Commercial Blair is pleased to present 18327 and 18331 Gridley Rd in Cerritos, CA For Sale. This is the first time that these properties have been available for sale since 1998. These properties consist of two- two story office buildings with 14 units totaling approximately 27,520 SF of improvements (inclusive of the exterior walkways, title shows 21,706 SF) situated on approximately 75,102 SF of land. The large onsite parking lot provides ample parking for businesses. All the tenants are either on month-to-month or short-term leases which would make this property attractive for either an owner/user, an investor looking for upside potential, or a developer interested in developing close to an acre and half of land.

The subject properties are located between bustling Los Angeles and vibrant Orange County. They are directly adjacent to the Los Cerritos Center, commonly known as the Cerritos Mall. This 100-acre shopping mall includes high end stores featuring Apple, Nordstrom, Zara, MAC, and Lululemon, and dining establishments Cheesecake Factory, P.F. Chang’s, The Lazy Dog Restaurant and Bar, Harkins movie theatre, and is a go-to destination for Southern California shoppers. Not only does this property benefit from its proximity to the mall but it is minutes from the renowned Cerritos Auto Square, the largest auto mall in the world with 29 imports and domestic brands.

Investment highlights

  • Great Owner User, Investor, or Development Opportunity!

  • Unique variety of medical and service-based businesses

  • Centrally located

  • Directly served by the 5, 605, and 91 Freeway

  • Adjacent to Cerritos Mall

  • 110 Onsite parking stalls

  • First time on the market since 1998

Listing Contacts

SH
CA CA 01922147
Coldwell Banker Commercial BLAIR
GB
CA 01484265
Coldwell Banker Commercial BLAIR
VM
CA 02074710
Coldwell Banker Commercial BLAIR
Listed by Coldwell Banker Commercial BLAIR

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Additional Information

Name
Sheva Hosseinzadeh
License
CA 01922147
Brokerage
Sheva Hosseinzadeh
Title
Principal
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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