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Property profile & analytics
FOR SALE
Retail space

959 1St St 5170 San Jose, CA 95122

1,268 SF
Property ID
US09-1456069
Property summary
AI-generated overview

Medical, Professional and Retail commercial condominiums available at the fastest growing neighborhood shopping center, the Vietnam Town, between Walmart and Grand Century Mall. Pride of Ownership. An opportunity to OWN a newly built property instead of LEASING. Convenient location for Medical, Dental, Clinic, Urgent Care, Surgery and Healthcare provider facilities. Professional & Service Office : Optometry, Acupuncture, Insurance, Real Estate, Finance, Legal and Law Firms, Immigration, Cosmetics, Beauty Salon, Non-Profit Organizations, and others. Retail Tenant Mix : Branded Fashion Shops, Grocery Market, Gift Shops, Product Stores, Teashops, Food To-Go, Restaurants and other. Financing is available through the Small Business Administration ("SBA") at 90% of the purchase price . Real Estate Investment : long-term tenant, little to no maintenance cost, better rental income, greater return on capital for investments. Easy access to Highways 101, 280 and 680, and Mineta San Jose International Airport is just minutes away Lease-to-Own: Vietnam Town also offers a unique Lease-To-Own Program by which a Tenant/Buyer or company can lease its new business property until it is ready to buy with the purchase price locked in. Upstairs units are now available for Lease-to-Own program. Lease rate as low as $2.00 per Sq.Ft. NNN. Free Six (6) months base rent Lease Term: 3 years Locked in Purchase price today Buyer can exercise the purchase option within two years. Building Feature: 16’ Clear Height (Approx.) Size: ±558 SF to ±1,583 SF (Units can combined for larger square footage) Total Unit: 17 Office & 17 Retail Units Unit comes with a single completed restroom Power: 100 Amps, 120/208 Volt, 3-phase 4-wire

Property profile
Verified
Property type Retail space
Total area 1,268 SF
UPID US09-1456069
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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