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18714 Gridley Road

Cerritos, CA 90703
  • $9,600,000
  • STATUS: Active
  • ON SITE: 53 Days
  • ID#: PW21220349
UPDATED: 45 min ago
$9,600,000
  • 0
    BEDS
  • 1.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS

School Ratings & Info

Listing provided courtesy of Ramon Rodriguez of United Assoc. Brokers Top Rlty

Description

Choice area, across from Cerritos Mall, quality standalone retail/showroom store constructed in 1996. Approximated total building square feet 22,112 . Total land is approximately 49,677, with about 46 parking spaces. The concrete block and stucco improvements consist of a large, open showroom and a rear 8,855 SqFt warehouse, with two dock-high loading doors. There are 46 surface parking spaces for a parking ratio of 2.08/1000. Presently occupied by AAA/Quality tenants with long term leases which provides a secure monthly income. High Visibility, and high traffic area. Excellent investment opportunity, low cap rate. Call for any additional information.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-11-29T20:28:31.493. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RGA Homes | Coldwell Banker Realty. Licensed in the State of California, USA.
www.rgahomes.com/homes/122131516
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18714 Gridley Road Cerritos, CA 90703

  • Price: $9,600,000
  • Status: Active
  • On Site: 53 Days
  • Updated: 45 min ago
  • ID#: PW21220349
0
Beds
0
Baths
0
½ Baths
1.14
Acres
1996
Built
Neighborhood:
RB - Cerritos South of 91 Frwy, E of Norwalk
County:
Los Angeles
Area:
RB - Cerritos South of 91 Frwy, E of Norwalk
Property Description
Choice area, across from Cerritos Mall, quality standalone retail/showroom store constructed in 1996. Approximated total building square feet 22,112 . Total land is approximately 49,677, with about 46 parking spaces. The concrete block and stucco improvements consist of a large, open showroom and a rear 8,855 SqFt warehouse, with two dock-high loading doors. There are 46 surface parking spaces for a parking ratio of 2.08/1000. Presently occupied by AAA/Quality tenants with long term leases which provides a secure monthly income. High Visibility, and high traffic area. Excellent investment opportunity, low cap rate. Call for any additional information.
Exterior Features

Construction Materials BlockStucco Entry Level 1 Fencing None Lot Features Lot Over 40000 SqftLevelNear Public TransitPavedRectangular LotStreet Level Open Parking Spaces 46 Parking Total 46 Roof Rolled/Hot Mop

Interior Features

Cooling Central Air Cooling YN Yes Heating Combination Heating YN Yes

Property Features

Additional Parcels YN No Anchors Co Tenants 2 Business Type Retail Cap Rate 4.24 Common Interest None Current Financing Conventional Electric 220 Volts Gross Scheduled Income 530139 Insurance Expense 8250 Laundry Features None Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 Exchange Maintenance Expense 5000 Number Of Units Leased 2 Property Sub Type Retail Security Features Prewired Special Listing Conditions Standard Tax Annual Amount 54796 Tax Year 2021 Utilities Electricity ConnectedPhone ConnectedSewer Connected Water Source Public Zoning Cecr



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-11-29T20:28:31.493. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RGA Homes | Coldwell Banker Realty. Licensed in the State of California, USA.
 
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RGA Homes | Coldwell Banker Realty
3790 Via De La Valle Suite 301
Del Mar CA, 92014
Listing provided courtesy of Ramon Rodriguez of United Assoc. Brokers Top Rlty