Search Results for 

2700 - 2706 S King Street - 2700 S King Street, Honolulu, HI

Welcome to SHOWCASE.COM, the Web's most comprehensive source of commercial property data, where you can search from 900,000 listings nationwide. To see more Commercial Real Estate listings, Office Space, Industrial Space, Retail Space, Commercial Land, Multi-Family or other commercial property types, just click the button to the right.
2700 - 2706 S King Street - 2700 S King Street

Honolulu, HI 96826-3316 - Kapiolani Submarket

Property Type:Retail Sub Type:- Status:Existing , Renov 2002 Year Built:1987
Building Size:18,064 SF Land Area:.91 AC (39,770 SF)
For Sale Price:For Sale Price/SF:-
Cap Rate:-
Parking:43 Surface spaces are available; Ratio of 2.38/1,000 SF
Features:Bus Line, Signage

Charming well tenanted neighborhood center close to the University of Hawaii and to be developed "College Town". 100% leased and located in the low vacancy Moili'ili submarket. Anchored by ICI Paint Company, US Post Office and popular Sushi King Restaurant. Located on heavily trafficked S. King Street with easy access to the freeway to East and West Oahu. This listing is one of three separate buildings at this center.

Sale Notes:
Marcus & Millichap is pleased to bring to market Honolulu Retail Center Leasehold located in Honolulu, Hawaii. This 18,064-square-foot retail center is currently 97 percent occupied. Anchored by the US Post Office and popular Sushi King Restaurant, 64 percent of the gross leasable area is leased into 2020. The majority of the tenants at the center are restaurants or operate service-oriented businesses. Importantly, all but one of the current tenants are subject to significant annual rent
increases, which provides a strong hedge against inflation. Upside exists in continuing to raise rents over time and in leasing the last available unit at market rents. Additional upside exists in the potential for future redevelopment of the site into higher density uses, as the site benefits from community business mixed-use (BMX-3) zoning. The subject property is being sold as a leasehold interest, and is encumbered by a long-term ground lease that expires in 2046.

Commercial Asset Advisors
David Asakura
(808) 564-3301

Share this listing

Copy and paste this HTML into your blog or web page:
<a href="" target="_blank">2700 - 2706 S King Street - 2700 S King Street, Honolulu, HI - Commercial property</a>

Send Email
Add a personalized message: (Optional)
Copyright © 1997-2017 CoStar Realty Information, Inc. All rights reserved.  |  About SHOWCASE.COM |  Advertise |  Site Map |  800-216-3234