$ 4,000,000
4138 Dyer ST Union City, CA 94587
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$ 4,000,000
Est. payment | /mo
1,664 SqFt
$ 4,000,000
Est. payment | /mo
1,664 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Property
Listing Status Active
Purchase Type For Sale
Square Footage 1,664 sqft
Price per Sqft $2,403
MLS Listing ID ML81969777
Year Built 1979
Lot Size 0.440 Acres
Property Description
NO VACANCY IN OVER 20 YEARS! Alvarado Business Center is a multi-tenant dental office property located at 4138 Dyer Street in Union City, California. The building measures approximately 5,600 square feet and is situated on a 0.44-acre parcel. The property features five dental office suites with direct access from the parking lot. There are 20 on-site parking spaces, for a ratio of 3.57 spaces per 1,000 square feet.The property is 100% leased and has had no vacancy in more than 20 years. All five leases have 3% annual rent increases. Additionally, the leases have triple net expense structures that allow the landlord to pass through all operating expenses for the property. The favorable lease terms provide a continually increasing income stream.
Location
State CA
County Alameda
Area Union City
Building/Complex Name Alvarado Professional Center
Zoning Community Commercial
Interior
Heating Forced Air
Cooling Central AC
Exterior
Garage Uncovered Parking
Utilities Available Public Utilities
Roof Type Composition
Present Use Commercial,Medical/Dental
Building
Foundation Concrete Perimeter
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 483-0073-009-02
Security Features None
Special Listing Condition Not Applicable
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Listed by Jimmy Castellanos • Marcus & Millichap
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Kalani Stone
Agent | Lic# CalBRE: 01336392