Property summary
This exceptional 1,210 square foot retail condominium is situated in the thriving Vietnam Town shopping center in San Jose, California (zip code 95122), between Walmart and Grand Century Mall. Priced at $798,600 ($660/sq ft), this newly built property offers a unique opportunity for ownership rather than leasing. Ideal for a variety of uses, including medical, dental, professional offices (optometry, acupuncture, insurance, etc.), retail (fashion, grocery, food to-go), and more. The unit features approximately 16-foot clear height and a single completed restroom. Power is 100 Amps, 120/208 Volt, 3-phase 4-wire. The property benefits from easy access to Highways 101, 280, and 680, and proximity to Mineta San Jose International Airport. A Lease-to-Own program is available, with a lease rate as low as $2.00 per square foot NNN, including a potential six-month rent-free period and a three-year lease term. The purchase price is locked in, with the buyer able to exercise the purchase option within two years. SBA financing is available at 90% of the purchase price. Units can be combined for larger square footage
Property profile
VerifiedCap rate & NOI
Current use
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Spa & Massage Center
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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