The Shops at Vietnam Town represents a truly unique development opportunity for entrepreneurs and small businesses to own their own store(small commercial condo units), an attractive investment that allows individuals or businesses to own its real estate, often for much less than renting a comparable property.
For Purchase:
Office/Medical Units: starting at $580/SF, with size ranges from 600 SF to 10,000 SF. Majority of these units are upstairs on 2nd floor.
Retail Units: starting at $650/SF, with size ranges from 884 SF to 5,000 SF. Can combine units for larger size up to 5,000 SF.
Restaurant Units: starting at $680/SF, with size ranges from 600 SF to 5,000 SF. Can combine units for larger size up to 5,000 SF. Restaurant space comes equipped with built-in ADA restroom, gas line and grease interceptor.
HOA Dues:
Association Dues (HOA) is estimated $0.50/SF (if your unit is 1,000 SF, your HOA dues is approx. $500 per month). HOA Dues includes all common area maintenance (CAM) charges and Property Insurance.
Financing:
1. SBA Loan Program: We have SBA loan program for owner/user who wants to occupy and relocate their businesses to the Shops at Vietnam Town or open a new business. This program is with a minimum of 10% Down Payment
2. Conventional Loan: A minimum of 30% down payment for owner occupy. For investor, you’ll need to work the lender to meet their requirement.