Commercial Real Estate in Cerritos available for sale
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Motel for Sale in Cerritos, CA, USA

More details for 18 Centerpointe Dr, La Palma, CA - Office for Sale

18 Centerpointe Dr

La Palma, CA 90623

  • Motel
  • Office for Sale
  • $19,502,028 CAD
  • 54,129 SF
  • Natural Light

La Palma Office for Sale - Buena Park/La Palma

OWNER-USER OFFICE/FLEX OPPORTUNITY IN FREEWAY-ADJACENT LOCATION * High-Image, Campus-Environment Offering | Unique opportunity to acquire a distinguished asset in one of the most dominant business regions in the world. The low-rise asset is located within a campus setting with lush landscaping, recent multimillion-dollar common-area upgrades, and an association lounge space. It offers convenient surface parking, excellent egress/ingress with direct freeway access, and a high-traffic location with high-growth potential. * Rare User Opportunity | The property offers a unique larger 2-story office/flex owner-user opportunity in a market with very little office supply available for users. * Use Flexibility | Currently built out as office, the property does have 3 ground level doors that have been drywalled over. New ownership can easily transition the property to be more flex in nature by removing the drywall and creating warehouse space. Or, alternatively, an office user can maintain the property in the current condition or replace the ground level doors with storefronts, glass rollup doors, etc. to further enhance the exterior light into the space. STRONG MARKET FUNDAMENTALS * Core Market | Orange County is among the top investment markets in the Americas in 2023 among investors, reflecting the county's resilient industries, stable economic fundamentals and sustained rent growth. With strong employment and an attractive quality of life, Orange County is a highly sought-after gateway market. * Limited Availability Despite Demand | According to CoStar, the direct vacancy rate for the La Palma/Buena Park office/flex submarket is 6.9% in YTD4Q23, which is below the historical average and with zero new construction in the pipeline. RENOWNED ENTERTAINMENT LOCATION WITH EXPANDING RESORT AMENITIES * Multi-Modal Transportation Access | The surrounding multi-modal transit hub offers ease of commute for the region’s workforce, as well as proximity to workforce and executive housing. Located immediately off SR-91 freeway, the asset has superb access to I-5 and I-605, as well as Long Beach International Airport and several Metrolink stations. * Resort-Style Amenities | The asset's location within Centerpointe La Palma is intrinsically irreplaceable, with growing surrounding amenities: Cerritos Towne Centre, a 46-acre, master planned shopping, dining, and entertainment complex and Buena Park Entertainment Zone, an entertainment destination anchored by the world-famous Knott's Berry Farm, a 160-acre amusement park with 4 million annual visitors.

Contact:

CBRE

Date on Market:

2024-02-09

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Motels for Sale within 10 kilometers of Cerritos, CA, USA

More details for 7886 Beach Blvd, Buena Park, CA - Retail for Sale

Beach Boulevard Entertainment Zone Building - 7886 Beach Blvd

Buena Park, CA 90620

  • Motel
  • Retail for Sale
  • $5,336,038 CAD
  • 5,840 SF

Buena Park Retail for Sale - Buena Park/La Palma

Kott & Company, Inc. – Commercial Division is pleased to present for sale a freestanding retail/restaurant building ideally positioned within Buena Park’s premier Entertainment Corridor. The ±6,000 square foot building is situated on a ±18,944 square foot lot and zoned under the Entertainment Corridor Specific Plan (ECSP) – Promenade District (C-1: Tourist Commercial, Lodging & Entertainment), allowing for a wide range of high-intensity retail, restaurant, hospitality, and entertainment uses. Strategically located directly across from Knott’s Berry Farm along the iconic Beach Boulevard, the property offers exceptional visibility, including a prominent monument sign fronting Beach Boulevard, and benefits from strong traffic counts of approximately 65,457 vehicles per day. This stretch of Beach Boulevard continues to experience significant transformation, driven by national retailers and corporate users reinvesting into next-generation, high-performing locations. Most notably, McDonald’s recently completed a ground-up redevelopment of its site into an extremely modern, sleek prototype store, featuring a highly visible monument sign (estimated at approximately 30 feet or greater in height), a rare and deliberate capital investment that signals long-term confidence in the corridor’s continued growth and performance. Given the property’s irreplaceable location, high visibility, and consistent tourism-driven traffic, a well-positioned operator can reasonably expect to benefit from strong customer volumes and above-average revenue potential. Originally constructed in 1956, the building has been significantly upgraded in 2024, including parking lot improvements, installation of ADA compliant parking, and interior ADA-compliant restrooms. The property offers approximately 26 parking spaces located at the front and rear of the building, providing functional access and flexibility for a wide range of users or future repositioning. The subject property is located near the signalized intersection of Beach Boulevard and La Palma Avenue, approximately 0.5 miles from the 91 Freeway, offering excellent regional accessibility. The immediate trade area is anchored by a strong mix of national retailers, restaurants, and hospitality operators, including Knott’s Berry Farm, McDonald’s, Motel 6, Claim Jumper, Chase Bank, IHOP, Broken Yolk Café, Rock & Brews, and numerous additional destination-oriented uses. This offering presents a rare opportunity to acquire a highly visible asset within a premier, tourism driven corridor undergoing continued public and private reinvestment positioning the property for long term value appreciation, strong user demand, and potential future redevelopment upside. Buyer to verify all information including, but not limited to, building and land square footage, zoning, and ADA compliance, including nearby improvements. Prospective buyers are advised to consult with the City of Buena Park regarding permitted uses and future development potential.

Contact:

Kott & Company, Inc.

Property Subtype:

Freestanding

Date on Market:

2026-03-25

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More details for 7121 Beach Blvd, Buena Park, CA - Hospitality for Sale

Days Inn Buena Park - 7121 Beach Blvd

Buena Park, CA 90620

  • Motel
  • Hospitality for Sale
  • $27,190,001 CAD
  • 52,056 SF
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More details for 8730 Artesia Blvd, Bellflower, CA - Hospitality for Sale

Red Roof Inn Los Angeles Hotel - 8730 Artesia Blvd

Bellflower, CA 90706

  • Motel
  • Hospitality for Sale
  • $13,595,001 CAD
  • 29,795 SF
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