Starbucks Store NN+
$4,950,000
2201 Fletcher Parkway, El Cajon, CA 92020
4.85
Cap Rate
240,000
NOI
Details:
Highlights:
- Strategic Hard Corner Location – Prime, signalized intersection with multiple ingress/egress points ensures maximum visibility, access, and customer flow.
- Corporate Lease Guarantee – Backed directly by Starbucks Corporation (NASDAQ: SBUX), providing institutional-grade creditworthiness and peace of mind.
- High Barrier-to-Entry Market – Limited opportunities for new development make this a rare, long-term hold in a supply-constrained area.
- Surrounded by National Retailers – Dense retail corridor with established tenants driving synergistic traffic and sustained demand.
- Strong Demographics – High-income households and dense population within 3 miles fuel steady customer demand and drive-thru volume.
- Brand-New Construction (2025 Delivery) – Zero deferred maintenance, reducing repair risk and capital expenditures.
- Minimal Landlord Responsibilities – True passive income, with tenant covering taxes, insurance, and utilities.
Description:
Brand-New Starbucks | NN+ Investment Opportunity
2201 Fletcher Parkway, El Cajon, CA 92020 | Store #83384
Annual Net Income: $240,000
Offered at: $4,950,000
Landmark New Starbucks Development – Core San Diego County Location
An exceptional opportunity to acquire a brand-new NN+ leased Starbucks, strategically positioned at one of the most trafficked intersections in San Diego County. With over 30,000 vehicles daily and strong surrounding retail synergy, this location offers investors a hands-off, long-term income stream backed by one of the world’s most iconic brands.
Scheduled Completion & Delivery: November 2025
Built to Starbucks’ latest prototype and design standards, this site reflects the company’s newest drive-thru and walk-up window model, engineered for high-volume efficiency and customer convenience.
Documents:
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Copy_of_FOR_SALE-31.pdf
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Location
Gallery