$ 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
Listing Status Active
Purchase Type For Sale
Square Footage 1,664 sqft
Price per Sqft $2,403
MLS Listing ID ML81969777
HOA Y/N No
Year Built 1979
Annual Tax Amount $50,340
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 699 - Not Defined
Zoning Community Commercial
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Roof Type Composition
Present Use Commercial
Total Parking Spaces 20
Building
Water Public
Others
Tax ID 483007300902
Listed by Jimmy Castellanos • Marcus & Millichap
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Kelly McLaughlin
REALTOR® | Lic# 01475708