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$8,500,000
77 Days On Site

10944 South Street
Cerritos, CA 90703

For Sale|Commercial Sale|Active
0
Beds
0
Full Baths
0
Partial Baths
16,116
SqFt
$527
/SqFt
1975
Built
County:
Los Angeles
Listed by Glenn Brander of Miller & Desatnik Realty Co. [email protected]

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10944 South Street10944 South Street10944 South Street10944 South Street
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10944 South Street, Cerritos, CA 90703 presents an exceptional single-tenant leased NNN investment opportunity with minimal landlord responsibility. The property spans an impressive 1.96 acres of prime land, ideally located within the renowned Cerritos Auto Square, the world's largest auto mall. This strategic location is home to a single tenant, Mitsubishi Motors-New Sales/Parts/Service Center, offering a secure and stable income stream. The subject property offers a rare and highly sought-after opportunity for investors seeking long-term stability with minimal oversight. Mitsubishi Motors, an established and trusted brand in the automotive industry, occupies the space under a NNN lease. The tenant has full responsibility for all property maintenance outside of maintaining the roof and foundation which are the landlord's responsibilities. The tenant is also fully responsible for payment of property insurance and property taxes, with NO TENANT PROP 13 PROTECTION - meaning, the increase in property taxes after the sale will be a continued responsibility of the tenant.

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Listing Snapshot
Price 
$8,500,000
Days On Site 
77 Days
Bedrooms 
N/A
Inside Area (SqFt) 
16,116 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.958 Acres
Year Built 
1975
MLS® Number 
25495297
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
3 months agoListing first seen on site
General Features
Acres 
1.958
Number Of Stories 
1
Parking Spaces 
160
Special Circumstances 
Standard
SqFt Total 
16116
Zoning 
CEADP5
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Community Features
MLS Area 
RD - Cerritos South of 91 Frwy, W of Norwalk


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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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