20265 Lake Chabot Rd

Long time Dental Office that has a current lease expiration of 1/31/29. Tenant has 3 consecutive options to extend the term of the lease ,each for a period of five years.
Annual CPI Increase occurs on May first annually.
Modified Gross Lease
Seller pays the following; $4,438.64 property tax, $10,000 plus or minus Property/Casualty/Earthquake, Average maintenance for 3 years is . $3000 . See Lease for other details. 25 Parking spots. Capital improvements; 2019, Approximately $25,000. for (2) HVAC Units, 2020, Painting (Exterior) $2,200., $18,700 Roof 2021,$4,632 Fence $4,632 2022, Alarm system $2,700 .

Other Features of Lease
Tenant has $500 deductible for maintenance, Holdover 125%. Tenants must notify owner 180 advance to extend lease.
FOR SALE | Presenting a prime commercial property located at 20265 Lake Chabot Road in Castro Valley, CA. This 5,162 square foot building offers an exceptional investment opportunity in a thriving East Bay community. Strategically positioned in Castro Valley, this property is currently home to Creative Dimensions in Dentistry, a well-established dental practice serving the area since 1966.
 The building is designed to accommodate a wide range of dental services, including Invisalign®, sedation dentistry, pediatric dentistry, teeth whitening, veneers, dental implants, dentures, root canals, crowns, and bridges. The practice is renowned for its personalized and professional care, ensuring patient comfort and satisfaction. The experienced team includes several long-term staff members, underscoring the stability and reputation of the practice.
 The property is equipped with State-of-The-Art dental technology and high-quality materials, ensuring top-tier service delivery. The front office staff provides exceptional and customized service, assisting with scheduling, insurance, and financial inquiries, making it a seamless experience for patients.
Located in a vibrant community, this property benefits from a steady flow of patients from throughout the East Bay area. The building's strategic location and the practice's long-standing presence in the community make it an attractive option for discerning investors looking to acquire a property with a reliable tenant and a strong local reputation.
This sale represents a unique opportunity to invest in a property with a well-established tenant in a desirable location. For more information or to schedule a viewing, please contact us.
Note: All information provided is deemed reliable but is not guaranteed and should be independently verified.