2201 Fletcher Pkwy - Freestanding FOR SALE


El Cajon, CA 92020
$4,950,000 USD
2201 Fletcher Pkwy, El Cajon, CA for Sale
$4,950,000 USD
Freestanding - FOR SALE
1/19
null | 4.85% Cap Rate

2201 Fletcher Pkwy
El Cajon, CA 92020


HIGHLIGHTS

  • Prime Hard-Corner Location – Situated at a high-traffic, signalized intersection with multiple ingress and egress points, ensuring maximum visibility
  • Corporate Lease Guarantee – Backed directly by Starbucks Corporation (NASDAQ: SBUX), offering institutional-grade creditworthiness.
  • High Barrier-to-Entry Market – Limited opportunities for new development in this trade area, this property represents a rare, long-term hold
  • Surrounded by National Retailers – Located in a dense retail corridor with established tenants, driving synergistic foot traffic and long-term demand.
  • Strong Demographics – High-income households and dense population within a 3-mile radius fuel consistent customer base and drive-thru demand.
  • New Construction – Zero Deferred Maintenance – Delivered brand new in 2025, reducing repair risks and capital expenditure concerns.

OVERVIEW

NEW Store #83384 | 2201 Fletcher Parkway, El Cajon, CA 92020 Annual Net Income: $240,000 Brand-New Starbucks – Landmark Investment Opportunity Now available: a premier NN Net-Leased Starbucks positioned at one of the busiest intersections in San Diego County, with 30,000+ cars passing daily. Scheduled for completion and delivery in October 2025, this flagship location is being built to Starbucks’ latest design standards and specifications. 10-Year Lease with Multi-Year Options 5% Rent Increase at Year 5 Tenant Pays All Taxes, Insurance & Utilities Annual Net Income: $240,000 Double Drive-Thru with 14-Car Stack 10-Year Builder Roof Warranty New Walk-Up Window Prototype This is a fully turnkey, zero-management investment anchored by one of the most recognized and respected brands worldwide. Starbucks is an A+ credit tenant with unmatched long-term stability, proven performance, and built-in rent growth to protect ownership. This isn’t just another coffee shop, it’s a landmark location and one of the strongest, safest opportunities available on the market today for investors seeking reliable, long-term cash flow.

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$3,508 USD /SF

CAP RATE

4.85%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks NEW Store #83384

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,929 SF

ZONING

C-6

APN/PARCEL ID

481-431-09

ASK ABOUT THIS PROPERTY

Vincent CavataioBerkshire Hathaway California PropertiesMore Info

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