9901 San Pablo Ave, El Cerrito, CA 94533-924
- $2,880,000
- List Price
- $2,880,000
- Price Change
- ▼ $120,000 1782795471
- Status
- PENDING
- MLS#
- 41127120
- Year Built
- 2012
- Lot Size
- 12,196
- Acres
- 0.28
- Days on Market
- 93
- Property Type
- Commercial
Property Description
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.
Additional Information
- Taxes
- $26,850
- Cooling
- Yes
- Exterior Construction
- Concrete, Wood Siding
- Attached Structure
- Detached
- Operating Expense
- 5802
Listing courtesy of Listing Agent: Anna Li (annamli128@aol.com) from Listing Office: Better Homes and Gardens RP.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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. 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, 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.