Mililani Shopping Center
95-221 Kipapa Drive, Mililani, HI 96789
$55,000,000
180,322 SF
$305.01
Shopping Center
Neighborhood Center
Investment
8.10%
99%
Multiple
1-9-5-21: 6 & 12
-
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Last Verified 10/30/2009
Listing ID 16359015
Highlights
High occupancy rate: 99.4%- Stable cash flow from national credit and local tenants
- Captive consumer base
- Strong demographics with over 57,000 people and $89,000+ median household income within a 3-mile radius
- Anchor tenants: Foodland, Ross Dress For Less, 24-Hour Fitness
Description
This high traffic fee-simple grocery-anchored center consists of 180,322 square feet of gross leasable area. With a great history of tenant retention, the Center's existing tenant mix is comprised of top tier national and local tenants who continue to perform on a consistent basis.
Located in the heart of Central Oahu, Mililani Shopping Center services the surrounding communities of Waipio, Wahiawa, and Waikele as well as nearby Schofield Barracks and Wheeler Air Force Base. The Property is easily accessible from the H-2 Freeway and Kamehameha Highway.
Proforma
$4,436,263
Map of 95-221 Kipapa Drive, Mililani, HI 96789 (Honolulu County)
Created 8/17/2009
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.