808-521-1200
94-615 Kupuohi St, Waipahu, HI for Sale
Storefront - FOR SALE
1/6
null | Request Cap Rate

94-615 Kupuohi St
Waipahu, HI 96797


HIGHLIGHTS

  • Premier West Oahu Retail Opportunity – A ±60,564 SF neighborhood strip center in the heart of one of Oahu’s fastest-growing residential communities
  • Proven, Long-Term Tenancy – 32% (16,877 SF) of current tenant GLA has occupied since the center’s 2005 construction
  • Strong Restaurant Sales – Reporting restaurants average $754 PSF in annual sales
  • Strong NOI Growth – The lease up of vacant space and reletting of below-market rent suites as leases expire should grow NOI by approx $1,680,000 (64%)
  • Exceptional Access Throughout West Oahu – Situated along Kunia Road (±28,000 CPD) and Kupuohi Street (±35,250 CPD)
  • Established & Growing Master-Planned Community – Royal Kunia is a 270-acre master-planned community home to 1,929 housing units

OVERVIEW

* Premier West Oahu Retail Opportunity – A ±60,564 SF neighborhood strip center in the heart of one of Oahu’s fastest-growing residential communities, offering investors a rare chance to acquire a stable, income-producing asset with compelling long-term upside * Proven, Long-Term Tenancy – 32% (16,877 SF) of current tenant GLA has occupied since the center’s 2005 construction with a total of 43% (22,852 SF) in-place for over 10 years, reflecting exceptional tenant commitment to this location and recession-resistant demand * Strong Restaurant Sales – Reporting restaurants average $754 PSF in annual sales, demonstrating strong consumer demand and the ability to support healthy, sustainable tenancies * Strong NOI Growth – The lease up of vacant space and reletting of below-market rent suites as leases expire should grow Net Operating Income (NOI) by approximately $1,680,000 (64%) during a 10-year hold period, reflecting a 5.1% CAGR and representing a compelling long-term growth profile for investors * Exceptional Access Throughout West Oahu – Situated along Kunia Road (±28,000 CPD) and Kupuohi Street (±35,250 CPD), with direct access to Kupuna Loop (±4,500 CPD) and the H-1 Freeway (±174,500 CPD), the center benefits from over ±575 feet of frontage along the trade area’s primary arterial, exceptional daily traffic exposure, and easy accessibility to the entirety of West Oahu’s growing consumer base * Established & Growing Master-Planned Community – Royal Kunia is a 270-acre master-planned community home to 1,929 housing units today, with a neighboring 500-acre Haseko development (Royal Kunia II) adding 1,850 homes beginning in 2027 through the 2030s

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kunia Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

300

LAND DETAILS

LAND ACRES

4.41 AC

LAND SF

192,316 SF

ZONING

U/32/30

APN/PARCEL ID

1-9-4-146-016-0000

ASK ABOUT THIS PROPERTY

Matthew BittickCBRE, Inc.More Info
808-521-1200

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Matthew BittickCBRE, Inc.More Info
808-521-1200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.