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2,845 sqft

$2,880,000

9901 San Pablo Ave, El Cerrito CA, 94533

Price per sqft$1,012.30
Built in2012
Property size2,845 sqft
Property typeCommercial

Overview

Pending

Listed Mar 13, 2026

Updated 4 weeks ago

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

MLS® ID
41127120

Interior Features

Basement
No

Exterior Features

Lot Size
0.28 Acres
MLS provider logo

Listed by Anna Li, with Better Homes and Gardens RP
Listing Contact: 510-853-8810 

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