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Building 1C 30703-30719 Union City Blvd 4,826 SF 63% Leased Retail Building Union City, CA 94587 $6,102,888 CAD ($1,264.59 CAD/SF) 5.70% Cap Rate

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Executive Summary

Street-level retail building totaling 4,826 SF in Union City, CA — Building 1C of the Alvarado Square development, available individually or as part of a combined package. Corner-anchored at the signalized intersection of Union City Blvd and Bettencourt Way, carrying over 23,700 vehicles per day.
The building is 80% leased (4 of 5 suites) with NNN leases carrying built-in annual escalations averaging roughly 3%. Tenants include personal care, hair/barber, and spa services. Suite 30707 (1,800 SF, subdivided into two spaces) sits vacant, offering immediate lease-up upside or owner-user occupancy.
Also available: Building 1D at 30665-30681 Union City Blvd (see companion listing), or purchase both buildings together at $4,400,000 combined

Alvarado_Square_OM (1)

Property Facts

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Storefront

Building Size

4,826 SF

Building Class

Year Built

2009

Price

$6,102,888 CAD

Price Per SF

$1,264.59 CAD

Cap Rate

5.70%

NOI

$142,541 CAD

Percent Leased

63%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.18

Lot Size

0.62 AC

Zoning

C-S (Commercial Specialty - Commercial Specialty (C-S) zoning permits retail, personal service, and office uses consistent with the property's current tenant mix."

Parking

15 Spaces (3.12 Spaces per 1,000 SF Leased)

Frontage

138’ on Union City Blvd

Pylon Sign

Space Availability

Space
Size
Space Use
Position
Available

1st Floor
1,800 SF
Office/Retail
-
Now

This 1,800-square-foot retail/office suite at Alvarado Square offers an exceptional leasing opportunity within a highly trafficked strip center on Union City Boulevard. The space features a mostly open floor plan with a flexible layout, allowing easy customization for a variety of businesses. It is partially built out as standard retail, includes three entry points, and offers a private restroom, ensuring operational convenience from day one.