4138 Dyer ST Active

Union City,CA 94587

$ 4000000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML81969777

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

Exterior

Roof Type Composition

Building

Water Public

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