3074 Story Rd San Jose, CA 95127
This exceptional San Jose retail investment opportunity, Mt Pleasant Shopping Center, boasts 126,428 square feet across four single-story buildings situated on an 11.04-acre lot (480,304 square feet). The property, located at 3074 Story Rd, San Jose, CA 95127 (Cross Street: Story Rd & S White Rd), is zoned CP and features 553 parking spaces. Currently, there are 20 suites, with 7,425 square feet of vacant space available for lease, ranging from 402 to 3,763 square feet. The center enjoys a prime location in a densely populated residential area of Northeast San Jose, providing convenient access for local residents. Its strategic placement near major roadways ensures high visibility and accessibility by car and public transportation. The diverse tenant mix includes a variety of retail, restaurant, and service businesses, creating a vibrant and attractive shopping destination. The property's amenities may include ample parking, outdoor seating, restrooms, and well-maintained landscaping, enhancing the customer experience and maximizing tenant appeal. APN: 488-03-009,010,011,014. This is a strong performing asset with significant upside potential.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.