4138 Dyer St Union City, CA 94587-3975

This exceptional Union City, CA medical office building, located at 4138 Dyer Street, presents a compelling investment opportunity. The 5,600 square foot, single-story building, constructed in 1936, sits on a 0.44-acre lot and boasts a prime location in Alameda County, zip code 94587. Currently housing five dental office suites, the property enjoys 100% occupancy with a remarkable history of zero vacancy for over two decades. Each of the five tenants benefits from direct parking lot access and enjoys a lease with a 3% annual rent increase. The triple-net lease structure ensures the landlord's operating expenses are fully covered. With 20 on-site parking spaces (a 3.57:1,000 sq ft ratio), this property offers exceptional convenience. The asking price is $4,000,000, translating to $714.29 per square foot. This stable, high-income-producing asset benefits from a strong demographic profile and excellent regional access, making it an ideal investment for discerning buyers seeking a consistently profitable venture. The property's APN is 483-73-9-2.