9901 San Pablo Ave, El Cerrito, CA 94533-924
List Price: $2.88M
Listing Status: Active
Original List Price: $3M
0Days on Market: 108
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Year Built: 2012
Lot Size: 12,196.8 sq ft
Annual Property Tax: $26,850
MLS Number: 41127120
About This Property
Better Home and Garden is pleased to present an exceptional investment opportunity. El Cerrito's Chipotle (NYSE: CMG) location is on the market for the first time in 14 years. This free-standing building is ideally located at the corner of a busy stoplight intersection and is strategically positioned across from El Cerrito Plaza, a bustling shopping center. Well-kept maintenance with a large Built-out patio. Located along the San Pablo Ave business corridor in the city's primary commercial district, this outparcel building was constructed for Chipotle in 2012, and has become a well-known, popular restaurant location for over 18 years. Corporation NNN lease. Chipotle is in its first extended term. There are three (3) more extended terms with five (5) years for each extension. Each extension has a 12% increase, and the current cap rate is 4.95%. Next increase is 01/01/2028 at 5.6% Chipotle, a globally recognized consumer brand with over 3,700 locations worldwide. With annual sales exceeding $11.31 billion and a current market cap of $56B+( October 2025) This is a unique opportunity to invest in one of the East Bay's most sought-after locations.
Listing provided by: Anna Li DRE #01189430 510-868-1400 annamli128@aol.com, Better Homes and Gardens RP
Source: CRMLS, MLS #: 41127120
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.