Share This Listing

Message

960 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Unbeatable Location
  • Free-standing building with extra large built-out patio
  • 5.32% cap starting 01/01/2028. Corporation NNN lease.
  • Signalized, Hard Corner
  • Well-known, popular restaurant for the location for over 14 years.
  • Exception Investment opportunity.

Executive Summary

New Price! 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%. The next increase starts on 01/01/2028 at 5.55%. 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.

Data Room Click Here to Access

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
$4,096,109 CAD
Price Per SF
$1,439.76 CAD
Cap Rate
4.95%
NOI
$202,672 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
Starbucks
The Perfect Workout
Club Pilates
Trader Joe's
99 Ranch Market

Property Taxes

Property Taxes

Parcel Number
510-015-020-9
Land Assessment
$1,169,144 CAD
Improvements Assessment
$1,157,128 CAD
Total Assessment
$2,326,271 CAD
  • Listing ID: 39808474

  • Date on Market: 2026-03-17

  • Last Updated:

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

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}