CBRE, Inc., as exclusive advisor on behalf of the receiver, is pleased to present the opportunity to acquire a leasehold interest in Cerritos Towne Center, a three-building, multi tenant, institutional-quality office campus located in Cerritos, California (the “Property”).
Developed in three phases between 1989 and 1998, the Property boasts a historical occupancy rate of 87% since the buildings were built, with a diverse and established tenant roster. Strategically positioned in the Mid-Counties submarket, Cerritos Towne Center offers excellent visibility and convenient access to both the I-605 and SR-91 Freeways. The Property is available at a material discount to replacement cost and offers incredibly attractive cash flow yields of over 10.0% (all-cash) for the first five years.