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Investment Highlights

  • Unbeatable Location
  • Free-standing building with extra large built-out patio
  • Corporation NNN lease.
  • Signalized, Hard Corner
  • Well-known, popular restaurant for the location for over 14 years.
  • Exception Investment opportunity.

Executive Summary

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 4.75%. 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.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,845 SF
Building Class
B
Year Built/Renovated
1960/2012
Price
$4,171,740 CAD
Price Per SF
$1,466.34 CAD
Cap Rate
4.75%
NOI
$198,158 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.28 AC
Zoning
C2, El Cerrito - Zoning Commercial. Can be used for a variety of businesses on the San Pablo Ave business corridor.
Parking
16 Spaces (5.62 Spaces per 1,000 SF Leased)

Amenities

  • Signalized Intersection
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
70/100
Moderately bikeable
60/100

Nearby Major Retailers

Chase Bank
Mechanics Bank
Romano's Macaroni Grill
Nation's Hamburgers
California Fish Grill
CrossFit
The Perfect Workout
Club Pilates
Starbucks
Trader Joe's

Property Taxes

Property Taxes

Parcel Number
510-015-020-9
Land Assessment
$1,165,529 CAD
Improvements Assessment
$1,153,550 CAD
Total Assessment
$2,319,079 CAD
  • Listing ID: 39808474

  • Date on Market: 2026-03-17

  • Last Updated:

  • Address: 9901 San Pablo Ave, El Cerrito, CA 94530

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