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1126 12th Ave 10,990 SF 35% Leased Office Building Honolulu, HI 96816 $6,100,000 ($555.05/SF) 1.96% Cap Rate
Investment Highlights
- Owner-User or Major Tenant Opportunity with Building Naming Rights
- High Demand, Limited Supply in Kaimuki
- Rare Opportunity - First Time on Market in over 50 Years
- Value-Add Opportunity with Upside Potential
- Prime Location in Highly Desirable Kaimuki Neighborhood
- Convenient Access to Public Parking
Executive Summary
Owner-User or Investment Opportunity in Desirable Kaimuki Neighborhood
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
10,990 SF
Building Class
C
Year Built
1962
Price
$6,100,000
Price Per SF
$555.05
Cap Rate
1.96%
NOI
$119,517
Percent Leased
35%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,174 SF
Slab To Slab
9’
Building FAR
1.94
Lot Size
0.13 AC
Zoning
B-2
Amenities
- Bus Line
- Restaurant
- Signage
Exceptionally walkable
90/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 1-3-2-006-019-0000 | Improvements Assessment | $746,400 |
| Land Assessment | $1,567,500 | Total Assessment | $2,313,900 |
Property Taxes
Parcel Number
1-3-2-006-019-0000
Land Assessment
$1,567,500
Improvements Assessment
$746,400
Total Assessment
$2,313,900
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Contact the Sale Advisor
1126 12th Ave