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Investment Highlights

  • New 2026 Construction | 10-Year Lease with Limited LL Responsibilities | Scheduled Rent Increases
  • Strategic Location | Robust Traffic | Highly Desirable In-fill San Diego Market
  • Investment-Grade Tenant (BBB+/Baa1) | World’s Largest Coffee Chain | Top Ranked Company
  • Affluent, Direct Consumer Base | Strong Demographics In The Immediate Trade Area | Local Traffic Drivers

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,400 SF
Building Class
B
Year Built
2026
Price
$4,800,000
Price Per SF
$3,428.57
Cap Rate
5%
NOI
$240,000
Tenancy
Single
Building Height
1 Story
Zoning
C-G - Commercial
Frontage
101’ on Fletcher Parkway

Amenities

  • Corner Lot
  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Security System
  • Signage
  • Signalized Intersection
  • Drive Thru
  • Wheelchair Accessible
  • Monument Signage
  • Air Conditioning
  • Smoke Detector

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Accommodation and Food Services
  • 1,400 SF
  • -
  • Triple Net
  • Jun 2036

Starbucks began in 1971 as a coffee business in Seattle, where the company first sold coffee beans and related equipment before evolving into a broader coffeehouse brand. The business now focuses on responsibly sourced arabica coffee, company-operated and licensed coffeehouses, and a growing consumer-packaged goods presence. Starbucks has built a wide market presence around specialty coffee, with offerings that span brewed drinks, espresso-based beverages, food, and retail products distributed through its store network and packaged-goods channels.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Accommodation and Food Services 1,400 SF - Triple Net Jun 2036
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

Smart & Final
24 Hour Fitness
Chase Bank

Property Taxes

Property Taxes

Parcel Number
481-431-09
Land Assessment
$950,000
Improvements Assessment
$0
Total Assessment
$950,000
  • Listing ID: 40215734

  • Date on Market: 4/20/2026

  • Last Updated:

  • Address: 2201 Fletcher Pkwy, El Cajon, CA 92020

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