18331 & 18327 Gridley Rd 2 Properties Offered at $11,250,000 in Cerritos, CA
INVESTMENT HIGHLIGHTS
- First time on the market since 1998!
- Directly served by the 5, 605, and 91 Freeways
- 110 onsite parking stalls
- Unique variety of medical and service based businesses
- Directly adjacent to the Cerritos Mall
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
| Price | $11,250,000 |
| Price / SF | $518.29 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 21,706 SF |
| Total Land Area | 1.72 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 18331 Gridley Rd, Cerritos, CA 90703 | Office | 21,706 SF | 1980 | - |
|
Parking Lot
18327 Gridley Rd rd, Cerritos, CA 90703 |
Land | 0.90 AC | - | - |
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