El Cajon CA - Starbucks

Description:

New 2026 Construction | 10-Year Lease with Limited LL Responsibilities | Scheduled Rent Increases
New 2026 high-end construction equipped with a drive-thru
10-Year Lease with minimal landlord responsibilities, offering a passive investment property for an out-of-town investor
10% rent increases every 5 years throughout the primary term and option periods provide a hedge against inflation

Investment-Grade Tenant (BBB+/Baa1) | World’s Largest Coffee Chain | Top Ranked Company
The corporate lease is backed by Starbucks Corporation, a globally recognized tenant with over 40,200 locations and a BBB+/Baa1 credit rating from S&P and Moody’s
Starbucks is the world’s largest coffee chain, by both number of locations and revenue
Ranked #2 out of the top 500 restaurant chains by Restaurant Business Online in 2025
Starbucks Corp. total revenue for fiscal year 2025 was over $37 Billion

Strategic Location | Robust Traffic | Highly Desirable In-fill San Diego Market
Strategically located at the signalized intersection of Fletcher Parkway and Westwind Drive, in a densely populated area surrounded by strong national retail tenants with excellent access and visibillty
A combined 27,000 cars pass by the site at this intersection on average every day
Situated 1.5 miles north of Interstate 8 (231,000 VPD)
Rare opportunity to acquire retail property in the San Diego MSA within a dense, infill trade area with significant barriers to entry

Affluent, Direct Consumer Base | Strong Demographics In The Immediate Trade Area
The 5-mile trade area is supported by more than 154,000 residents and 75,000 employees, providing a direct consumer base from which to draw
Affluent trade area with an average household income over $143,000 within 1-mile, projected to increase to over $160,000 by 2030

Local Traffic Drivers
1.5 miles south of Grossmont College (18,241 students)
2 miles north of Grossmont High School (2,079 students)
2 miles north of Sharp Grossmont Hospital, the largest hospital in East County with 562 patient beds
2.5 miles north of Gillespie Field Airport, the oldest and largest of San Diego County’s seven airports, generating an estimated $403 million in direct economic impact and supporting 3,164 jobs in the city of El Cajon

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Listing ID: a28TP000002ZaqfYAC