959 2Nd St San Jose, CA 95122
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Lifestyle centers
Property Details for 959 2Nd St
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This 673-square-foot commercial condominium is located in San Jose, California, at 959 Story Rd Bldg H, 2nd floor (5255), in the rapidly growing Vietnam Town shopping center, situated between Walmart and Grand Century Mall. This newly built property offers a fantastic opportunity for business owners seeking to own their space rather than lease. The asking price is $370,150, translating to $550 per square foot. The unit is part of a larger development with a mix of retail and professional office spaces, ranging from approximately 558 to 11,583 square feet (units can be combined for larger spaces). This particular unit features a 16-foot clear height (approximately) and includes a single completed restroom. Electrical service is 100 Amps, 120/208 Volt, 3-phase 4-wire. Owners can customize interior improvements to meet their specific business needs. The property benefits from easy access to Highways 101, 280, and 680, with Mineta San Jose International Airport just minutes away. 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 base rent waiver. The lease term is three years, with a purchase option exercisable within two years, locking in today's purchase price. SBA financing is available at 90% of the purchase price, requiring only a 10% down payment. Ideal for a variety of uses, including medical, dental, retail, and professional services.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Jose
- County
- Santa Clara
- State
- California
- Longitude
- -121.859
- Latitude
- 37.3325
