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$2,880,000
Est. payment /mo
2,845 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 2,845 sqft
Price per Sqft $1,012
Subdivision El Cerrito
MLS Listing ID 41127120
HOA Y/N No
Year Built 2012
Lot Size 0.280 Acres
Acres 0.28
Property Sub-Type Comm Ind For Sale
Property 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 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.
Location
State CA
County Contra Costa
Zoning Rest
Interior
Fireplace No
Building
Lot Description BART Nearby, Business District, Corner Lot, Freeway Nearby, Neighborhood Commercial, Public Transport Nearby, Restaurant Nearby, Shopping Center Nearby, Shopping Nearby, Strip Retail
New Construction No
Others
Tax ID 5100150209
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Listed by Anna Li • Better Homes and Gardens RP
NEARBY SCHOOL & BUSINESS
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Parisa Samimi
Founder & Real Estate Broker | License ID: 01858122
Founder & Real Estate Broker License ID: 01858122