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31217219
31217229

9901 San Pablo Ave, El Cerrito, CA 94530

AL
CA CA 21350045
Better Home and Gardens Real Estate Reliance Company
Listed by Better Home and Gardens Real Estate Reliance Company
$3,000,000
75 days on market
Updated 31 days ago

9901 San Pablo Ave, El Cerrito - Chipotle

Details
APN 510 015 020-9
Property Type Retail
Sub Type Restaurant
Square Footage 2,845
Net Rentable (SqFt) 2,845
Units 1
Tenancy Single
Brand/Tenant Chipotle
Lease Type NNN
Rent Bumps Yes
Lease Options Yes
Price per SqFt $1,054
Broker Co-Op Yes
Year Built 1960
Year Renovated 2012
Buildings 1
Stories 1
Lot Size (SqFt) 12,200
Zoning commercial / Restaurant
Parking Spaces 16 spaces
Parking Per SqFt 5.62
Investment Type Net Lease
Ground Lease Yes

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.

Listing Contacts

AL
CA CA 21350045
Better Home and Gardens Real Estate Reliance Company
Listed by Better Home and Gardens Real Estate Reliance Company

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Additional Information

Name
Anna Li
License
CA 21350045
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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