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Alvarado Square Bldg 1A 30901-30915 Union City Blvd 4,964 SF 100% Leased Retail Building Union City, CA 94587 $2,465,140 CAD ($496.60 CAD/SF) 4.99% Cap Rate
INVESTMENT HIGHLIGHTS
- Stable NNN Lease: Secure investment with a rare NNN lease structure, providing long-term stability and reduced management responsibilities.
- Modern Construction: Built in 2007, the property features contemporary design and infrastructure suitable for various retail tenants.
- Mixed-Use Appeal: Combines retail stores on the ground level with residential condos above, supporting a diverse range of business opportunities.
- Attractive 5% Cap Rate: Offers a high return on investment with a 5% cap rate, appealing to investors seeking lucrative opportunities.
- Optimal Location: Located in a vibrant business community in the Bay Area, ensuring high foot traffic and visibility.
- Convenient Access: Easy access to Freeway 880 boosts connectivity and convenience for tenants and customers alike.
EXECUTIVE SUMMARY
Presenting a rare opportunity to acquire a stable NNN lease investment property with an impressive 5% cap rate return and an annual base rent increase of 3%. Built in 2007, this property boasts four retail units totaling 4,964 square feet. Situated in a bustling business community, it features retail stores on the ground floor and residential condos above, ensuring a steady flow of customers to the retail establishments.
This property is conveniently located with easy access to Freeway 880, enhancing its appeal to both tenants and customers. For more details or to schedule a viewing, please contact the listing agent, Betty Shen, at 408-747-9345.
This property is conveniently located with easy access to Freeway 880, enhancing its appeal to both tenants and customers. For more details or to schedule a viewing, please contact the listing agent, Betty Shen, at 408-747-9345.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,964 SF
Building Class
B
Year Built/Renovated
2007/2019
Price
$2,465,140 CAD
Price Per SF
$496.60 CAD
Cap Rate
4.99%
NOI
$122,923 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.05
Lot Size
2.49 AC
Zoning
CR - Commercial and residential mix-used investment property.
Parking
15 Spaces (3.12 Spaces per 1,000 SF Leased)
Frontage
179’ on Union City Blvd
AMENITIES
- 24 Hour Access
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
- Air Conditioning
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Riyaaz Music Shop
- -
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Riyaaz Music Shop | - | - | $9.99 | Lorem Ipsum | Jan 0000 |
Walk Score®
Very Walkable (79)
NEARBY MAJOR RETAILERS
1 of 19
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Alvarado Square Bldg 1A | 30901-30915 Union City Blvd
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