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26 Hoolai Street - Blockbuster Center, Kailua, HI

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26 Hoolai Street - Blockbuster Center

Kailua, HI 96734 - Windward Submarket


Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:1990
Building Size:17,488 SF Land Area:.91 AC (39,478 SF)
% Leased:
For Sale Price:$2,495,000 Price/SF:$142.67
Cap Rate:-
Smallest Space:6,035 SF Largest Space:6,035 SF Total Space Avail:6,035 SF Rent/SF/Yr:
$27.00
Parking:Free Surface spaces are available
Features:Bus Line, Signage


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
6,035 SF
$27.00/SF/Yr
Vacant
5-9 yrs
Retail
 
7866291
Marketing Flyer Marketing Flyer  
Space Notes Space Notes


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
6,035 SF
$27.00/SF/Yr
Vacant
5-9 yrs
Retail
Located just off Kailua Rd., the available unit is situated in a busy Kailua retail center between Blockbuster Video and L&L.


Sale Notes:
Central location
High barrier to entry market
High demand center
Excellent frontage and parking
Good condition
Separate utility meters and air conditioning for each unit

Concrete building built in 1990 with Blockbuster as anchor. Original developer/owner wants to sell, ideal opportunity for owner/user to take 6,000sf+ Blockbuster space (goes dark end of 2012) and control the center, expand as needed. Other tenants on short-term leases at below market rates.
Central Kailua shopping and business district, near Whole Foods. High barrier to entry market with excellent demographics plus transient tourist business. Excellent frontage, two entry/exit points, level lot. Existing ground lease expires in 2021; seller intends to obtain extension and lease re-negotiation as condition of sale. Own and control for less than renting.

East West Realty, Inc.
Richard Wheelock
(808) 599-5720
View all my listings

CBI, Inc.
Daniel Jarrett
(808) 441-0533
View all my listings


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