The property has premier frontage on the busiest intersection on the island of Hawai?i. A signalized, hard corner intersection providing access from Queen Ka’ahumanu Highway (State Highway 11), accessing major retailers directly across from a Walmart-anchored shopping center on Henry Street, and diagonally from a new Safeway-anchored shopping center. The mixed-use retail and office building with two flows and below-ground parking beneath two stories served by elevator provides class A office space on the 2nd floor and irreplaceable space for Planet Fitness occupying the entire 1st floor. The lease for Planet Fitness has over seven (7) years remaining with a 12% rent increase every four years and three five (5) year option periods. The ground lease has over 33 years remaining with known rents to February 2038. Ground rent from March 2038 to December 2059 will be determined at 7.5% annually for three periods based on the market value of the land appraised without the building at the beginning of each period.