18714 S Gridley Rd - Freestanding FOR SALE


Cerritos, CA 90703
$9,500,000 USD
951-220-0707
18714 S Gridley Rd, Cerritos, CA for Sale
$9,500,000 USD
Freestanding - FOR SALE
1/15
null | Request Cap Rate

18714 S Gridley Rd
Cerritos, CA 90703


HIGHLIGHTS

  • High-Visibility Retail Property – Located in a prime Cerritos retail corridor with strong traffic counts and excellent street exposure.
  • Strategic Location – Positioned near major retail hubs, regional shopping centers, and high-traffic highways (I-605 & SR-91).
  • Ample Parking – Convenient parking for customers and employees.
  • Strong Demographics – Located in a dense trade area with high household incomes and strong consumer spending power.
  • Investment Potential – Ideal for owner-users or investors seeking a high-traffic retail asset in a sought-after market.

OVERVIEW

**** Building Available Now **** No Tenant Rare Opportunity in a Prime Retail Location • 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 $680k +/-, 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.

FOR SALE DETAILS

PRICE

$9,500,000 USD

PRICE/SF

$430 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Health Club, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

46

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,676 SF

ZONING

CECR

APN/PARCEL ID

7039-019-076

ASK ABOUT THIS PROPERTY

Miguel ChapaChapa Commercial GroupMore Info
951-220-0707

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Miguel ChapaChapa Commercial GroupMore Info
951-220-0707

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.