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563 - 565 Farrington Highway - Halekuai Center at Kapolei - Halekuai Center at Kapolei, Kapolei, HI

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563 - 565 Farrington Highway - Halekuai Center at Kapolei - Halekuai Center at Kapolei

Kapolei, HI 96707 - West Oahu Submarket


Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:2001
Building Size:28,885 SF Land Area:2 AC (87,120 SF)
% Leased:
For Sale Price:$18,000,000 Price/SF:$623.16
Cap Rate:6.06 %
Smallest Space:996 SF Largest Space:1,658 SF Total Space Avail:7,636 SF Rent/SF/Yr:
$26.28 - $55.92
Parking:Free Surface spaces
Features:Bus Line, Signage


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
1,400 SF
$55.92/SF/Yr
30 Days
Negotiable
Retail
 1st
1,281 SF
Negotiable
Vacant
Negotiable
Retail
 1st
1,658 SF
Negotiable
Vacant
Negotiable
Retail
 2nd
1,300 SF
$26.28/SF/Yr
Vacant
Thru Nov 2018
Retail
 2nd
996 SF
$27.48/SF/Yr
Vacant
Thru Sep 2025
Retail
 2nd
1,001 SF
Negotiable
Vacant
Negotiable
Office
 
12547855
11630391
9921044
12611339
12800065
11630355
Marketing Flyer Marketing Flyer  
Space Notes Space Notes  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
1,400 SF
$55.92/SF/Yr
30 Days
Negotiable
Retail
1st
1,281 SF
Negotiable
Vacant
Negotiable
Retail
1st
1,658 SF
Negotiable
Vacant
Negotiable
Retail
2nd
1,300 SF
$26.28/SF/Yr
Vacant
Thru Nov 2018
Retail
2nd
996 SF
$27.48/SF/Yr
Vacant
Thru Sep 2025
Retail
2nd
1,001 SF
Negotiable
Vacant
Negotiable
Office
Located across from Kapolei Shopping Center.
- High residual customer traffic from coffee, gym, and gas services.
- 2nd generation retail and medical/office spaces available.
- Tenant parking available.

- Located along the high-traffic Farrington Highway.
- Easy ingress and egress from both directions of traffic.
- Centralized position among the growing Kapolei trade area. Nearby public transit station.


Sale Notes:
Halekuai Center is located near the hard corner intersection of Farrington Highway (31,300 vehicles per day) and Fort Barrette Road/State Highway 901 (16,200 vehicles per day). The subject property is located just opposite to the Kapolei Shopping Center and Kapolei
Marketplace, anchored by Safeway Supermarket and Longs Drug Store, all creating strong co-tenant synergy. TheBus has a stop at the Halekuai Center, which increases pedestrian traffic flow and consumer spending at this property. It stops every hour from 4:30am – 10:45 pm. National tenants within close proximity of the subject property include Walmart, Costco, Home Depot, Kmart, Target, and Ross Dress for Less, making this the dominant retail corridor in this part of Oahu. Additionally, the site benefits from over 116,100 customers with approximately $97,700 average household incomes and over 28,000 day-time employees within the 5-mile radius of the subject property. High quality national / credit tenants within the center include Chevron, Starbucks, Papa Johns, Anytime Fitness and Jamba Juice.
Kapolei has one of the highest disposable incomes in all of Hawaii, and its population is projected to increase nearly 64% over the next two decades. Most of the island’s population growth is occurring in the Ewa Plain and the area around Kapolei with jobs expecting to double in
the next 20 years. The town is being developed as an urban center, second to Honolulu.

Colliers International
Skip Rotticci
(503) 499-0062

  
Colliers International
Erin Mitsuyoshi
(808) 523-9713


Coldwell Banker Pacific Properties
  
Colliers International
  
Sofos Realty Corporation


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