4138 Dyer ST, UNION CITY CA, 94587

Active

4138 Dyer ST

UNION CITY CA, 94587

$4,000,000

$2,403.85 per sqft

Active

1,664 sqft

Commercial

Built in 1979

Listed by Marcus & Millichap, Jimmy Castellanos, Joshua Johnson Listing Contact: 4084835040

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.

ML81969777

MLSⓇ ID

June 15, 2024

Listed

August 23, 2024

Updated

Map

4138 Dyer ST
UNION CITY CA, 94587

Interior Features

Fireplace: No
Cooling: Yes
Cooling Description: Central Air
Heating: Yes
Heating Description: Forced Air

Exterior/Building Features

Lot Size: 0.44 Acres
Roof: Composition
Sewer: Public Sewer

Other Property Details

Area Name: Union City
Garage: No
Parking Total: 20
View: No
County: Alameda
Water Source: Public
Pool: No
Zoning: Community Commercial

Listed by Marcus & Millichap, Jimmy Castellanos, Joshua Johnson
Listing Contact: 4084835040

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Data last updated 7:08 PM UTC, 8/23/2024