Introducing an exceptional investment opportunity in El Cajon, California - STARBUCKS NN+ located at 2201 Fletcher Parkway, El Cajon, CA 92020. Priced at $4,700,000 with a 5.11% 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 #
SD260004911
MLS Source
San Diego MLS
Days on Site
15
# Buildings / # Units
1
Present Use
Office, Other, Retail
Flooring
Concrete
Cooling
Central Forced Air - Electric
Heating
Central Forced Air - Gas
Roof
Other
Zoning
COMMERCIAL
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
2201 Fletcher Pkwy is a Commercial Sale in El Cajon, CA 92020. This – square foot property sits on a 0.27 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,700,000 and was built in 2026. This address can also be written as 2201 Fletcher Pkwy, El Cajon, CA 92020.
©2026 San Diego MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from San Diego MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of March 12, 2026. For the most current information, please contact Vince Cavataio, (619) 977-7544