REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Jimmy Castellanos • Marcus & Millichap
$ 4,000,000
Est. payment /mo
Active
4138 Dyer Street Union City, CA 94587
1,664 SqFt
UPDATED:
09/16/2024 02:15 PM
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
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
Originating Board Datashare MLSListings
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
Interior
Heating Forced Air
Fireplace No
Building
Water Public
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.