4138 Dyer Street , Union City, CA 94587
Union City, CA 94587
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.
Details
| MLS# | ML81969777 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1979 |
| Days On Site | 89 |
| Listing Provided By | Marcus & Millichap (650) 391-1700 | Jimmy Castellanos |
Features
| SQ Feet | 1,664 |
|---|---|
| Zoning | Community Commercial |
| Acreage | 0.44 |
Market Activity 94587
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Learn More About This Property
| State | CA |
|---|---|
| County | Alameda |
| City | Union City |
| Zip Code | 94587 |
| Area | 699 Not Defined |
| Listing VS Median (in 94587) | |
Price: $4,000,000 low | high Med: $1,023,500 SqFt: 1,664 low | high Med: 2,534 $ / SqFt: $2,404 low | high Med: $480 On Site: 89 low | high Med: 1752.500000 | |