For Sale
$658,900

959 Story RdSan Jose, CA 95122

Prime San Jose retail space, 1,198 sq ft.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 1,198 square foot retail condominium, located within the thriving Vietnam Town shopping center in San Jose, California (959 Story Rd Suite 5225, zip code 95122), presents a unique investment opportunity. Situated between Walmart and Grand Century Mall, this newly built property offers the pride of ownership that comes with owning, rather than leasing, commercial space. The unit is part of a vibrant complex featuring a mix of medical, professional, and retail tenants, creating a bustling and attractive environment. Ideal for a variety of uses, including medical practices (dental, clinic, urgent care), professional offices (optometry, insurance, legal), and retail businesses (fashion, food, etc.). The unit boasts approximately 16-foot clear height and comes with a completed restroom. Electrical service is 100 amps, 120/208 volts, 3-phase 4-wire. The property benefits from excellent access to Highways 101, 280, and 680, and proximity to Mineta San Jose International Airport. A unique Lease-to-Own program is available, offering a lease rate as low as $2.00 per square foot (NNN) with a potential six-month rent abatement, a three-year lease term, and a purchase option exercisable within two years. SBA financing is available at 90% of the purchase price, making this an attractive option for many businesses. Units can be combined to create larger spaces, offering flexibility for expanding businesses. The asking price for this exceptional property is $658,900.

Highlights

  • 1,198 SF newly built retail condo for sale in San Jose's Vietnam Town shopping center (959 Story Rd, Suite 5225, 95122), located between Walmart and Grand Century Mall.
  • Own your space instead of leasing, saving on occupancy costs. SBA financing available with as little as 10% down payment.
  • Ideal for various uses including medical, professional, and retail businesses. Features 16-foot clear height and a completed restroom.
  • 100-amp, 120/208-volt, 3-phase 4-wire electrical service. Excellent access to Highways 101, 280, and 680, and proximity to San Jose International Airport.
  • Lease-to-own option available: $2.00/SF NNN lease with potential six-month rent abatement, three-year term, and two-year purchase option. Units can be combined. Asking price: $658,900.

Property Details for 959 Story Rd

Property type
Lifestyle centers, Power centers
Square Feet
1,198 SF

Location Insight

City
San Jose
County
Santa Clara
State
California
Latitude
37.3324894
Longitude
-121.8588518
959 Story Rd, San Jose, California

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959 Story Rd
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