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Choi's Garden Center 1303 Rycroft St 6,207 SF 68% Leased Retail Building Honolulu, HI 96814 $6,995,000 ($1,126.95/SF) 5.68% Cap Rate
Investment Highlights
- Prime Location in Honolulu's Densely Populated Area
- Immediate Stabilized Income with Rent Growth Potential
- Value-Add Upside - Mark to Market with Potential NOI Growth
- High Transit Oriented Development (TOD) Zone with Increased FAR (Density)
- 5.68% Going-in CAP Rate
- Re-development Opportunity in Honolulu's Thriving Development Area
Executive Summary
Data Room Click Here to Access
- Operating and Financials
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Bus Line
- Restaurant
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
1303 Rycroft Street – Unit B-1 | 2,000 SF | $4,000/Month (Modified Gross) Located in the heart of Honolulu, Unit B-1 offers a spacious 2,000 SF ground-floor commercial space ideal for office, retail, or specialty use. The unit includes: Private bathroom Multiple sinks and running water Large open layout 2 Private Restrooms Prime Location: Situated just steps from Ala Moana Center, Walmart, Sam’s Club, Don Quijote, and 808 Center. Surrounded by high foot traffic and dense residential and commercial activity. Accessibility: Excellent walkability (Walk Score: 98), transit access (Transit Score: 76), and proximity to major roads including King Street and Ke‘eaumoku Street. Parking available for rent. Zoning: BMX-3 – Business Mixed Use Contact us today to schedule a showing or request more details.
| Space | Size | Space Use | Position | Available |
| B-1 | 2,000 SF | Office/Retail | - | Now |
B-1
| Size |
| 2,000 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
B-1
| Size | 2,000 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
1303 Rycroft Street – Unit B-1 | 2,000 SF | $4,000/Month (Modified Gross) Located in the heart of Honolulu, Unit B-1 offers a spacious 2,000 SF ground-floor commercial space ideal for office, retail, or specialty use. The unit includes: Private bathroom Multiple sinks and running water Large open layout 2 Private Restrooms Prime Location: Situated just steps from Ala Moana Center, Walmart, Sam’s Club, Don Quijote, and 808 Center. Surrounded by high foot traffic and dense residential and commercial activity. Accessibility: Excellent walkability (Walk Score: 98), transit access (Transit Score: 76), and proximity to major roads including King Street and Ke‘eaumoku Street. Parking available for rent. Zoning: BMX-3 – Business Mixed Use Contact us today to schedule a showing or request more details.
Nearby Major Retailers
Property Taxes
| Parcel Number | 1-2-3-014-006-0000 | Improvements Assessment | $552,900 (2025) |
| Land Assessment | $3,830,100 (2025) | Total Assessment | $4,383,000 (2025) |
Property Taxes
Presented by
Choi's Garden Center | 1303 Rycroft St
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