4138 Dyer ST new

Union City,CA 94587

$ 3500000

- Bed

- Bath

5480 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Property

Listing Status Active

Purchase Type For Sale

Square Footage 5,480 sqft

Price per Sqft $638

MLS Listing ID ML81998546

Year Built 1977

Lot Size 0.440 Acres

Property Sub-Type Commercial Property

Property Description

Alvarado Professional 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 to the owner

Location

State CA

County Alameda

Area Union City

Building/Complex Name Alvarado Professional Center

Zoning CC

Interior

Heating Central Forced Air - Gas

Cooling Central AC

Exterior

Parking Features Parking Area

Utilities Available Individual Electric Meters,Individual Gas Meters

Roof Type Composition

Building

Story 1

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Special Listing Condition Not Applicable

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