SAN JOSE — The loved ones that marketed a downtown San Jose web page exactly where they are functioning a well-liked Asian supermarket has previously identified a location to open up a new sector, a alternative website close to the vast Eastridge Center.
The Hua family on July 16 marketed a number of parcels wherever the present Dai Thanh Supermarket is positioned at and in the vicinity of 418 S. Second St. in San Jose in a $17 million offer.
The downtown San Jose attributes will accommodate a huge household venture staying prepared by community builders Gary Dillabough and Jeff Arrillaga.
The Hua household acquired a residence at 2040 Tully Street in San Jose, having to pay $6.8 million for the parcel, in accordance to paperwork submitted on July 19 with Santa Clara County officials.
The new home homeowners intend to revamp the interior and exterior of the Michaels retailer so they can open a new Dai Thanh Supermarket on the web-site, explained David Taxin, a husband or wife with Meacham/ Oppenheimer, a commercial actual estate agency.
Taxin arranged the invest in of the assets, a 1.4-acre internet site that accommodates the Michaels retail outlet, which totals 15,500 sq. toes.
The just-purchased parcel is at the occupied intersection of Tully Highway and Quimby Highway.
“This is a good place for an Asian current market,” Taxin said. “It’s in entrance of the million-sq.-foot Eastridge shopping mall. The website traffic on Tully is large, it is like an expressway. It has good accessibility and visibility.”
The new Tully Highway web site will also have noticeably extra parking than the current downtown place, according to Taxin. The downtown web-site had about 25 to 30 parking areas, when the new site on Tully will have 65 to 70 areas.
“The downtown industry has been there permanently,” Taxin mentioned. “They have a huge subsequent in conditions of consumers.”
As a end result, the prospect of a new Dai Thanh Grocery store will probable be embraced by recent and future patrons.
“They will have a additional central retail site,” Taxin explained. “Their consumers will adhere to and they will pick up a lot of new clients.”