

9901 San Pablo Ave, El Cerrito - Chipotle
Retail | 2,845 SqFt
Marketing 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 14 years—Corporation NNN lease. Chipotle is in its first extended term. There are three (3) additional extended terms, each for five (5) years. Each extension has a 12% increase, and the current cap rate is 4.75%. Chipotle is 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.
Investment highlights
Hard-conner free-standing building.
Well-known, popular restaurant in the location for over 14 years.
San Pablo Ave business corridor in the City’s primary commercial district.
Cross from El Cerrito Plaza, a bustling shopping center.
Walk to the El Cerrito Plaza BART station.
Close to the Ranch 99 retail center.
A strong corporate tenant with an NNN lease and an increase 12% for each extension.
5.32% cap rate starting 01/01/2027
The East Bay’s most sought-after location.
Excellent investment opportunity.
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