Union City, CA 94587,4138 Dyer ST
Union City, CA 94587,4138 Dyer ST
Union City, CA 94587,4138 Dyer ST
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$4,000,000
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1,664 SqFt
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4138 Dyer ST Union City, CA 94587

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UPDATED:

09/30/2024 06:15 PM

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


California Regional MLS (CRMLS)
Listed by Jimmy Castellanos • Marcus & Millichap

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Frances Inda

Realtor | License ID: 01785933

+1(858) 753-3405

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4138 Dyer ST