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