Building G (939 Story Road) is a rare ±44,898 square feet freestanding alone building with an anchor unit of approx. 36,000 square feet and seven (7) other small units with size ranges from ±1,200 to 1,395 Sq.Ft. We're looking to sell the entire building or the anchor unit first.
As one of the emerging Bay Area shopping destinations, the Shops at Vietnam Town will be the rarest investment opportunity for business owners and investors. The Shops @Vietnam Town opens door to small business owners the opportunity to own instead of renting and for investors who are looking produce monthly income stream through staple long-term tenants. Brokers are recommended to be present with their clients. Invest in the rarest development in San Jose - The Shops @ Vietnam Town (Phase II).
In the heart of Little Saigon, on the heavy traffic street of Story Road, between Walmart and Grand Century Mall
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 $550/SF, with size ranges from 600 SF to 10,000 SF. Majority of these units are upstairs on 2nd floor.
Retail Units: starting at $630/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 $400/month and up. 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.