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Listed price in listed location currency (USD).
$4,800,000

000

MLS® 260004911SD

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes 
Days Active 0
Approx. Age 2026
MLS® Number 260004911SD

Property Address: 2201 Fletcher Pkwy, El Cajon, CA, 92020-2102

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number260004911SD
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2026
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 3, 2026List Date
$4,800,000List Price
  • Commute

Commute

Starting Address
Destination Address
2201 Fletcher Pkwy, El Cajon, CA

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