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1845 Story Rd 4,982 SF Retail Building San Jose, CA 95122 $3,754,566 CAD ($753.63 CAD/SF)
Investment Highlights
- ±4,982 SF freestanding retail building on ±0.48-acre lot.
- Long-term tenancy with lease expiration December 31, 2027 (NNN lease).
- Located at a signalized intersection with strong visibility.
- Parking lot recently restriped with 22 spaces, including ADA compliance.
Executive Summary
1845 Story Road presents an opportunity to acquire a freestanding retail property in one of San Jose’s most active commercial corridors. The ±4,982 SF building is situated on a ±0.48-acre parcel at a signalized intersection, providing excellent visibility and accessibility. The property is currently leased to Bargain King Discount Store under a long-term lease expiring December 31, 2027, with no renewal option, offering predictable income and future repositioning potential.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,982 SF
Building Class
C
Year Built/Renovated
1998/2007
Price
$3,754,566 CAD
Price Per SF
$753.63 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.48 AC
Zoning
C1 - Retail
Parking
25 Spaces (5.01 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 481-38-002 | Improvements Assessment | $1,114,232 CAD |
| Land Assessment | $845,124 CAD | Total Assessment | $1,959,355 CAD |
Property Taxes
Parcel Number
481-38-002
Land Assessment
$845,124 CAD
Improvements Assessment
$1,114,232 CAD
Total Assessment
$1,959,355 CAD
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1845 Story Rd
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