Active

4138 Dyer Street

Union City CA, 94587

$4,000,000


$2,403.85 per sqft

Active

1,664 sqft

Commercial

Built in 1979

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 14, 2024

Listed

November 21, 2024

Updated

Map

4138 Dyer Street
Union City CA, 94587

Interior Features

Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.44 Acres


Roof

Composition Shingles


Sewer

Public Sewer

Other Property Details

Area Name

Union City


Garage

No


View

No


County

Alameda


Water Source

Public


Pool

No


Zoning

Comm

Listed by Jimmy Castellanos with Marcus & Millichap
Listing Contact: 408-483-5040 

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