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Starbucks | El Cajon, CA 2201 Fletcher Pkwy 1,411 SF Retail Building El Cajon, CA 92020 $4,700,000 ($3,330.97/SF) 5.11% Cap Rate
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
Building Size
1,411 SF
Building Class
B
Year Built
2026
Price
$4,700,000
Price Per SF
$3,330.97
Cap Rate
5.11%
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 in Seattle's Pike Place Market as a seller of fresh-roasted whole bean coffee, and the business became a coffeehouse in 1987. The company now serves a global footprint of coffeehouses and roastery reserves, with a business built around specialty coffee, coffee drinks, food, cups, and merchandise. Starbucks also has a growing presence in consumer-packaged goods and foodservice, extending the brand beyond cafés while keeping coffee sourcing and roasting at the center of the model. Community support, sustainability, and responsible sourcing remain part of the company's broader operating approach.
| 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
Property Taxes
| Parcel Number | 481-431-09 | Improvements Assessment | $0 |
| Land Assessment | $950,000 | Total Assessment | $950,000 |
Property Taxes
Parcel Number
481-431-09
Land Assessment
$950,000
Improvements Assessment
$0
Total Assessment
$950,000
Contacts
-
Chuck Klein -
Robert Donnell -
Greg Labarre -
Cory Withers -
SRS Real Estate Partners
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