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Corner Retail Units with Glass Frontage
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For Sale
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909 Story Road, San Jose, CA 95122

Fully built-out units offer high-end finishes and support office, retail, and restaurant uses.

Property Size2,647 SF
Price / SF$1,133
Days on Market5

Property Features for 909 Story Road

General Information

Standard status Active
Size 2,647 SF
Property subtype RETAIL

Site & Location

Corner Location Yes
Highway Access Yes
Utilities to Site Yes
Listing Agency: CBRE | San Jose
Listed By: Joey McSweeney · License #01404853
Source: Moodyscre
Added: Jul 28 Changed: Jul 31 Last Checked: Jul 31 at 1:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | San Jose

Investment Insights

Based on property information with market context.

Newly available adjacent retail units at Vietnam Town feature corner positioning, glass frontage, and high-end finishes. The units are fully built out and may be combined for up to ±2,647 SF, with 16’ clear height, 400 amps at 120/208v three-phase power, including 200 amps per unit, and a gas line. Work is permitted through the City of San Jose, supporting a streamlined occupancy process for buyers.

The property includes an onsite parking garage with over 500 stalls and is situated within The Shops at Vietnam Town, which includes over 200 businesses. The location offers access to Highway 280 and Highway 101. Supported uses include office, retail, and restaurants, providing flexibility for a range of commercial occupiers.

Key Highlights

  • Adjacent corner retail units with glass frontage and high‑end finishes
  • Units can be combined for up to ±2,647 SF
  • 16’ clear height with 400 amps at 120/208v three‑phase power

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $148.3k $56.04
− Vacancy −$24.2k −$9.13
EGI $124.2k $46.91
− OpEx −$31.0k −$11.73
NOI $93.1k $35.18
2,647 SF · lease $56.04/SF/yr · vacancy 16.30% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.33M
$1.16M – $1.55M (±1% cap)
NOI $93,119 @ 7.0% cap · market cap 3.10%
Second Best
Specialty Retail
$1.09M
$957.6K – $1.28M (±1% cap)
NOI $76,607 @ 7.0% cap · market cap 2.55%
Theoretical Best
Office A
$1.60M
$1.40M – $1.86M (±1% cap)
NOI $111,862 @ 7.0% cap · market cap 3.73%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

élan beauté & supplies (Bike/Boat/Book/etc) Store Trung Nguyên Legend ... Cafe & Coffee Shop Dental Implant of San ... Dental Office Phở Ông Địa Restaurant Honey House Cafe & Coffee Shop

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Auto Parts Store Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

960
Businesses Nearby

Demographics for 95122, CA

54,056
Population
12,560
Households
4.3
Avg Household Size
36
Median Age
18%
College-Educated
65%
High-School Grad
4.8 sq mi
ZIP Area
11,262
Density / Sq Mi
$103,406
Median Household Income
$41,704
Median Earnings
$2,424
Median Rent
$838,900
Median Home Value

Market

Vacancy Rate% for Office in San Jose, CA

9.8% 2019
12% 2020
13.9% 2021
14.1% 2022
16.3% 2023
16.4% 2024
14.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Fully built-out units offer high-end finishes and support office, retail, and restaurant uses.
Where is this retail space located?
The property is located at 909 Story Road San Jose, CA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Adjacent corner retail units with glass frontage and high‑end finishes; Units can be combined for up to ±2,647 SF; 16’ clear height with 400 amps at 120/208v three‑phase power
(925) 640-2151 Call to check price and availability
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