Union City, CA 94587,4138 Dyer Street
Listed by Jimmy Castellanos • Marcus & Millichap

$3,500,000

Est. payment /mo

$3,500,000

Est.Price: ?

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4138 Dyer Street Union City, CA 94587

5,480 SqFt

SOLD DATE : 05/14/2025

Key Details

Sold Price $3,500,000

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Sold

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 Comm Ind For Sale

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

Building

Water Public

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Bay East Association of Realtors
Donny Piwowarski

Donny Piwowarski

Broker | License ID: 01444374

+1(844) 437-4969

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