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- LoopNet Team
11355 South St
Cerritos, CA 90703
Comerica Bank · Retail Property For Sale
PROPERTY FACTS
- Bank
- General Retail Freestanding
- General Retail Storefront
- General Retail Storefront Retail/Office
Amenities
- Banking
- Corner Lot
- Signalized Intersection
About 11355 South St , Cerritos, CA 90703
We are pleased to offer qualified investors an opportunity to purchase a premium single-tenant absolute NNN leased asset with a corporate guarantee from Comerica Bank (NYSE: CMA, S&P: A- Investment Grade). Ownership is Fee Simple with ± 5,228 SF of improvements and ± 27,438 SF of land. Zero Landlord responsibilities. The property is located on the southeast corner of South Street and Gridley Road in Cerritos with a daily traffic count of 63,000 vehicles. It is an outparcel of Los Cerritos Center, a super regional mall of 1,387,000 square feet anchored by Nordstrom, Macy’s and Sears. It is located half mile from Cerritos Auto Square, World’s largest auto mall with 29 Dealerships. The median income in the city of Cerritos is in excess of $100,000. It is the third most populous Asian community in Los Angeles County and second highest ranking of retail spenders per resident in all of California, only after Beverly Hills. This is a unique opportunity to own a highly visible retail location in one of the strongest retail markets in Southern California. FOR MORE INFORMATION: www.comericacerritos.com
Links
PROPERTY TAXES
Parcel Number | 7038-014-009 | Improvements Assessment | $2,734,114 |
Land Assessment | $4,374,583 | Total Assessment | $7,108,697 |
PROPERTY TAXES
Learn More About Investing in Retail Properties
Listing ID: 11342942
Date on Market: 1/23/2018
Last Updated:
Address: 11355 South St, Cerritos, CA 90703
The Retail Property at 11355 South St, Cerritos, CA 90703 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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