Listed by TRI Commercial Real Estate Services
$2,700,000
1845 Story Road
Details
Property Type Retail
Sub Type Free Standing, Shopping Center
Square Footage 4,982
Cap Rate 5.64%
NOI $152,400
Lease Type NNN
Lease Expiration 12/30/2027
Remaining Term 1.5
Lease Options None
Price per SqFt $542
Year Renovated 2007
Acreage 0.480
Zoning C1-Retail
Parking Spaces 22 spaces
Parking per 1,000 SqFt 4.42
Retail | 5.64% CAP | 4,982 SqFt
Investment highlights
- 1845 Story Road San Jose CA 95122
- 4,982 square foot building
- 20,925 square foot lot (.48 acres)
- Zoning C1-Retail
- Signalized intersection
- Bargain King Discount Store (Long Term Tenancy)
- LED December 31, 2027
- No option to renew
- Parking Lot recently restriped 22 parking spaces w/ 1 ADA & ramp
- Monument signage
- Renovated 2007
- Current rent $12,700 per month NNN - See Rent Roll*
- Asking $2,700,000
- 1 block from the #1 Pedestrian Intersection In Santa Clara County S King Road/Story Road
- 2025 Traffic Counts (ESRI)
- S King Rd 30,000 ADT
- Story Rd 20,000 ADT
- Across the street from Plaza de San Jose Target/Smart & Final Shopping Center
- Adjacent National Tenants
- Cardenas Market
- O’Reilly Auto Parts
- Harbor Freight
- Patelco Credit Union
- Jack in the Box
- Subway
- Chase Bank
- Wing Stop
Listing Contacts
Listed by TRI Commercial Real Estate Services
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$152,400.00
$12,700.00/mo
Valuation Metrics
0
DSCR
5.64%
Cap Rate
5.64%
ROI
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Property History
Tax History
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