Cerritos Center (Grocery Anchored Retail Center)_Property for Sale
Cerritos Center (Grocery Anchored Retail Center)_Property for Sale

Cerritos Center (Grocery Anchored Retail Center)

17202-17298 Norwalk Blvd, Cerritos, CA, 90703-2718, US

Description

Jones Lang LaSalle, as exclusive advisor, is pleased to present to qualified investors the opportunity to acquire Cerritos Center (the “Property”), a 52,382 square foot grocery-anchored center located just off CA-91 (277,000 VPD) at the intersection of Norwalk & Artesia Blvd (50,000 VPD). The Property features a diverse tenant mix, attracting a variety of customers from communities within both Los Angeles and Orange County. Anchored by the popular Asian grocery chain, Seafood City Supermarket, the Property’s tenant roster of local & regional operators has been carefully curated to create synergy between the Property and surrounding communities. At 100% occupancy, the Property offers Investors steady cashflow and a future mark to market play, as limited supply and tenant demand place upward pressure on rental rates within the submarket.

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Attributes

Building area gross
4,866 m²
Occupancy
100%
Year built
1974
Land area gross
96,018.14 ha
NOI
₩2,344,447,000

Media

Investment Highlights

  1. Top-Performing Grocery Anchor
  2. Untapped Rental Upside
  3. High Tenant Demand and Retention
  4. Strategic Tenant Mix
  5. Seasoned Tenancy Showcases the Viability of the Center
  6. Transportation Oriented Center
  7. Unrivaled Visibility and Accessibility
  8. Protected Investment in a Supply-Constrained Market
  9. Affluent & Dense Demographics
  10. Value Enhancement Opportunity
Cerritos Center (Grocery Anchored Retail Center) 4_Property for Sale
Cerritos Center (Grocery Anchored Retail Center) 4_Property for Sale

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Cerritos Center (Grocery Anchored Retail Center) (0 Properties)

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Last updated
14 Aug 2025