4138 Dyer ST, Union City, CA 94587
- $3,500,000
Listed by Jimmy Castellanos, 408-483-5040 from Marcus & Millichap
(If provided) CoList: Joshua Johnson from Marcus & Millichap
Sold listing courtesy of Jiawei Chen from CTSQUARE
- Sold Price
- $3,500,000
- List Price
- $3,500,000
- Closing Date
- May 14, 2025
- MLS#
- ML81998546
- Status
- SOLD
- Lot Size
- 19,153
- Listing Area
- Union City
- Year Built
- 1977
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
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Additional Information
- Acres
- 0.44
- Age
- 48
- Building Name
- Alvarado Professional Center
- Cooling System
- Central AC
- Days On Market
- Unknown
- Foundation
- Concrete Perimeter
- Garage Parking
- Parking Area
- Heating System
- Central Forced Air - Gas
- Lot Size
- 19,153
- Neighborhood
- Union City
- Other Utilities
- Individual Electric Meters, Individual Gas Meters
- Present Use
- Medical/Dental
- Roof
- Composition
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
- Zoning
- CC
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