STARBUCKS | Ground Lease NN+ Investment Starbucks Store #83384 – 2201 Fletcher Parkway, El Cajon, CA 92020 Annual Net Income: $240,000 | 5% Cap | 10% increase Yr 5 Brand-new, corporate Starbucks located along one of San Diego County’s most heavily traveled retail corridors, 30,000+ vehicles per day at a major signalized intersection. Built to Starbucks Corporation’ newest prototype standards, this flagship location delivers maximum visibility, exceptional access, and long-term income security from one of the strongest credit tenants in the world. Secured by a 10-year NN+ lease with multiple renewal options, offering stable, predictable cash flow and a 10% rent increase after Year 5. Starbucks is responsible for taxes, insurance, and utilities, creating a hands-off, truly passive investment ideal for long-term holders and 1031 exchange buyers. Designed for future performance and operational efficiency, the site features a double drive-thru with a 14-car stack, a walk-up window prototype, and freeway-front visibility, one of the most advanced and high-volume designs Starbucks currently offers. The building also includes a 10-year builder roof warranty, adding another layer of investor confidence. This is a fully turnkey, institutional-quality asset with strong income, built-in
MLS #
SD2600361
MLS Source
San Diego MLS
Days on Site
5
# Buildings / # Units
1
Present Use
Office, Other, Retail
Flooring
Concrete
Cooling
Central Forced Air - Electric
Heating
Central Forced Air - Gas
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 $4,799,995 and was built in 2026. This address can also be written as 2201 Fletcher Pkwy, El Cajon, CA 92020.
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This listing information is up-to-date as of January 07, 2026. For the most current information, please contact Vince Cavataio, (619) 977-7544