2201 Fletcher Pkwy, El Cajon, CA 92020
  • MLS#: 2600361SD ( )
  • Street Address: 2201 Fletcher Pkwy
  • Viewed: 1
  • Price: $4,799,995
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2026
  • Bldg sqft: 0
  • Days On Market: 2
  • Additional Information
  • County: SAN DIEGO
  • City: El Cajon
  • Zipcode: 92020
  • Provided by: Berkshire Hathaway HomeServices California Propert
  • Contact: Vince Vince
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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 Countys 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 rent growth, and an A+ credit tenant, positioned for long term appreciation and durability through all market cycles. Secure. Passive. Recession resistant. Ideal for 1031 buyers seeking safety, growth.
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Features
Construction Materials
  1. Stucco
Country
  1. US
Heating
  1. Forced Air
Inclusions
Parcel Number
  1. 4814310900
Totalmonthlyrent
  1. 20000
Year Built
  1. 2026
Zoning
  1. COMMERCIAL