For Sale: 99% LEASED ASIAN-ORIENTED RETAIL CENTER
2549-2569 S King Road
San Jose, CA
Space: 31,612± SF on a 3.10± AC Lot
Offering Price: $22,000,000 │ 5.06% Cap Rate
ESTABLISHED ASIAN DINING & RETAIL DESTINATION
♦ 3-building multi-tenant retail
♦ 22-unit shopping center 21 units currently leased- 1 small 397± SF vacancy
♦ Tenant mix primarily of Vietnamese and Asian-owned restaurants, cafés, tea shops, pho restaurants, hot pot dining, an Asian seafood market, beauty and nail salons, pharmacy, AND dental services
♦ Current average rents of approx.. $2.89/SF NNN are below market, offering investors future rental growth
♦ 3.10± acre lot with 214± parking spaces
♦ Built in 1995,Sun Plaza became the busy neighborhood retail hub and has been well maintained
♦ Retail shopping centers of this size rarely come to market in San Jose
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