2201 Fletcher Pkwy Pkwy, El Cajon, CA 92020 (MLS # 260004911SD)

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PRICE $4,800,000 dsIDX morgage calculator
SIZE n/a
LOT SIZE 11,635 sqft

Introducing an exceptional investment opportunity in El Cajon, California - STARBUCKS GROUND LEASE located at 2201 Fletcher Parkway, El Cajon, CA 92020. Priced at $4,800,000 with a 5% CAP rate and a solid $240,000 NOI, this property boasts a NEW 10-year ground lease with Starbucks Store #83384, a corporate lease guaranteed by the renowned coffeehouse giant. The lease includes 10% rent increases every five years, ensuring reliable income growth. Situated in a high-traffic area with approximately 30,000 cars passing daily, this corner, freestanding site offers prime visibility and access for sustained customer flow. Surrounded by established retailers and services, Starbucks benefits from strong retail synergy. This property is designed for long-term stability and value appreciation, making it an attractive opportunity for investors seeking a passive income stream with an iconic brand and a strong economic foundation.

DAYS ON MARKET 1 LAST UPDATED 3/3/2026
YEAR BUILT 2026 COMMUNITY 92020 - El Cajon
COUNTY San Diego STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR CONDITIONING Yes
AREA 92020 - El Cajon
CONSTRUCTION Stucco
HEAT Forced Air
LOT 0.2671 acre(s)
LOT DIMENSIONS 11636
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Listed with Berkshire Hathaway HomeServices California Properties

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