NAI Capital is pleased to offer exclusively for sale the fee-simple interest in this multi-tenant medical office building located in the city of Cerritos. The building is 10,500 SF and is situated on almost 1 acre. This is a well-maintained asset with recent new roof and parking lot resurface. This opportunity is 95% leased with half the tenants on month-to-month, offering a buyer a great value add investment. Lease up of the MTM tenants and vacancy to $2.75/SF and converting all leases to triple nets can result cap rate of 9.38%. An owner user can also qualify for an SBA loan by occupying at least 51% of the rentable space. The current MTM tenant (totaling contiguous 5,450 SF) plus a small 480 SF space offers a total 5,930 SF to occupy. The MTM tenants consist of 3 spaces all currently occupied by dental uses. Cerritos is a no/low property tax city. As a no/low property tax city, Cerritos businesses are not assessed any additional property taxes other than the Los Angeles County's property tax. There is no local property tax, no library tax, no utility tax and no business tax.