For Sale
Cerritos, CA
Commercial Real Estate Market Trends & Data
$851 per SF
Avg asking sale price
$21 per SF
Avg asking lease rate
21,824 SF
Avg unit lease size
36,747 SF
Avg building size for sale
4.25%
Average cap rate
Cerritos's Demographic Profile
Cerritos has 14,758 households and a median income of $120,148, providing context for rent absorption and tenant demand across retail and multifamily assets. A -4% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 46,112 |
| # Households | 14,758 |
| Median age | 47 |
| Median household income | $120,148 |
| Avg household size | 3.0 |
| Renter-occupied housing units | 3,488 |
| 5-year population change | -4% |
{{marketTabHeadings[activeMarketTab]}}
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Cerritos | $489 | 13,832 SF | 8.02% |
| Artesia | $601 | 6,108 SF | 8.02% |
| Norwalk | $632 | 7,127 SF | 8.02% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Cerritos | $556 | 67,452 SF | 3.19% |
| Norwalk | $456 | 37,117 SF | 6.50% |
| Lakewood | $562 | 37,777 SF | 6.00% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Cerritos | $1,052 | 4,639 SF |
| Artesia | $503 | 3,151 SF |
| La Palma | $1,134 | 9,700 SF |
| Hawaiian Gardens | $430 | 6,950 SF |
| Norwalk | $400 | 5,960 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Cerritos | $421 | 8,253 SF | 8.02% |
| Norwalk | $406 | 10,693 SF | 8.02% |
| Lakewood | $402 | 13,003 SF | 6.40% |
| Buena Park | $401 | 18,136 SF | 5.59% |
Commercial Properties For Sale in Cerritos
The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale
For Sale
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether Cerritos pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Cerritos | $851 | 36,747 SF |
| Artesia | $853 | 7,267 SF |
| La Palma | $469 | 38,932 SF |
| Hawaiian Gardens | $820 | 4,894 SF |
| Norwalk | $508 | 23,166 SF |
Regional Demographic Comparison
This comparison places Cerritos alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Cerritos or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Cerritos | 46,112 | 14,758 | 47 | $120,148 | 3 | 3,488 | -4% |
| Artesia | 15,421 | 4,288 | 42 | $85,703 | 3 | 2,053 | -4% |
| La Palma | 14,773 | 4,758 | 44 | $116,143 | 3 | 1,452 | -3% |
| Hawaiian Gardens | 13,124 | 3,447 | 35 | $67,545 | 4 | 2,002 | -4% |
| Norwalk | 94,868 | 25,450 | 38 | $86,325 | 4 | 9,072 | -4% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Cerritos, CA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.
FAQs About Commercial Investing in Cerritos
View All Commercial Real Estate For Sale in Cerritos
Is Cerritos a good market for a first-time commercial real estate investor?
Cerritos offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.
How can this market data help me decide whether to buy commercial property for my business in Cerritos?
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Cerritos. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.
What should conservative investors focus on when evaluating commercial properties in Cerritos?
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Cerritos. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
How does Cerritos compare to nearby commercial real estate markets?
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Cerritos. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.
How can this page support early-stage deal screening for Cerritos acquisitions?
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Cerritos, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.
Nearby Market Trends
- Long Beach Market Trends
- Gardena Market Trends
- Anaheim Market Trends
- Fullerton Market Trends
- East Los Angeles Market Trends
- Compton Market Trends
- Vernon Market Trends
- South Gate Market Trends
- Carson Market Trends
- Garden Grove Market Trends
- Commerce Market Trends
- Wilmington Market Trends
- Santa Fe Springs Market Trends
- Huntington Park Market Trends
- City Of Industry Market Trends
- Firestone Park Market Trends
- Monterey Park Market Trends
- Huntington Beach Market Trends
- Montebello Market Trends
- Lakewood Market Trends
- Norwalk Market Trends
- Bellflower Market Trends
- Paramount Market Trends
- Downey Market Trends
- Whittier Market Trends
- Lynwood Market Trends
- Placentia Market Trends
- South El Monte Market Trends
- View more
- View less
