13340 183rd St - Office FOR SALE


Cerritos, CA 90703- ABC
$28,000,000 USD
949-306-1401
13340 183rd St, Cerritos, CA for Sale
$28,000,000 USD
Office - FOR SALE
1/42
null | Request Cap Rate

13340 183rd St
Cerritos, CA 90703
ABC


HIGHLIGHTS

  • Strategically located between the Los Angeles and Orange County Business Centers directly fronting the Artesia/Riverside (91) Freeway
  • Property is also served by Riverside (91), Santa Ana (5) and the San Gabriel (605) Freeways along with LAX, John Wayne Airport, and Ontario Airports
  • This property is the largest potential expansion development parcel within the City of Cerritos, offering boundless potential for a prospective buyer
  • Located five minutes away from the Cerritos Town Center for the Performing Arts, Cerritos City Hall, and Los Cerritos Shopping Center

OVERVIEW

13340 183rd St is a Class A office building, approximately 69,349 SF and sits on approximately 4.68 Acres at the intersection of Carmenita and 183rd St in the City of Cerritos. 1. The project is strategically located midway between the Los Angeles and Orange County Business Centers directly fronting the Artesia/Riverside (91) Freeway, with both on and off ramps on site. The property is also served by the Riverside (91) , Santa Ana (5) and the San Gabriel (605) Freeways. LAX, John Wayne Airport, and Ontario Airport are all within 30 minutes of the location. 2. Carmenita Business Plaza not only benefits from the ideal combination of its location as a convergence point between the greater Los Angeles, Orange and Inland Empire but lies in the Business Friendly City of Cerritos. The Cerritos market has historically outperformed both Los Angeles and Orange County vacancy rates which approach 21.9% (LA) and 23.7% (OC) respectively at a recent rate below 15%. 3. Potential development site. Carmenita Plaza at 69,349 SF sits on a 4.68 Acre site that does not have the Encumbrance of a Ground Lease within the City of Cerritos providing prospective buyers a fee simple interest in the property and is the largest potential expansion development parcel within the City of Cerritos. 4. Five minutes away from the Cerritos Town Center for the Performing Arts, Cerritos City Hall, and Los Cerritos Shopping Center.

FOR SALE DETAILS

PRICE

$28,000,000 USD

PRICE/SF

$404 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

A

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

378

LAND DETAILS

LAND ACRES

4.68 AC

LAND SF

203,861 SF

ZONING

CO, Los Angeles

APN/PARCEL ID

7027-019-041

ASK ABOUT THIS PROPERTY

Joel NewmanJoel Newman, BrokerMore Info
949-306-1401

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Joel NewmanJoel Newman, BrokerMore Info
949-306-1401

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.