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$ 3,000,000
Est. payment | /mo
0.28 Acres Lot
$ 3,000,000
Est. payment | /mo
0.28 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41127120
HOA Y/N No
Year Built 2012
Annual Tax Amount $26,850
Lot Size 0.280 Acres
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 4.75%. 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.
Location
State CA
County Contra Costa
Zoning Rest
Interior
Fireplace No
Exterior
Total Parking Spaces 16
Others
Tax ID 5100150209
Listed by Anna Li Better Homes and Gardens RP #01189430
Nearby Locations
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101 N Indian Hill Blvd STE C1-208, Claremont, California, 91711, United States