2201 Fletcher Pkwy
El Cajon CA 92020
span widget
$4,800,000
Status: Active
Property Details
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.
Map Location
Listing Agent Vince Cavataio of Berkshire Hathaway HomeServices California Properties. Last updated 2026-03-04 09:43:01.000000. Listing information © 2026 CRMLS.
Send Us a Message
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by CRMLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright
© 2026 Jeff Campbell, Broker | CA DRE# 00900285
| Sitemap