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2046 N King St 2,432 SF 100% Leased Retail Building Honolulu, HI 96819 $1,900,000 ($781.25/SF) 3.70% Cap Rate
Executive Summary
Exceptional Commercial Retail strip on high traffic count street and high visibility. BMX-3 zoning provides wide range of retail, service, professional operations, and other commercial uses. Situated just a few minutes from the Honolulu Central Business District, Piers, Airport, Hospitals, and Military Bases. Excellent hub for commerce, logistics, and customer access. One of 4 spaces presently vacant, so an excellent opportunity for an owner user, or for a new tenant wanting a desirable location. Ample parking.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,432 SF
Building Class
C
Year Built
1980
Price
$1,900,000
Price Per SF
$781.25
Cap Rate
3.70%
NOI
$70,297
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.47
Lot Size
0.12 AC
Zoning
BMX-3 - BMX-3 Community Business Mixed-Use District.
Parking
9 Spaces (3.7 Spaces per 1,000 SF Leased)
Frontage
92’ on N King St
Amenities
- Bus Line
- Signage
Walk Score®
Very Walkable (87)
Nearby Major Retailers
Property Taxes
| Parcel Number | 1-1-3-004-093-0000 | Improvements Assessment | $282,200 |
| Land Assessment | $1,268,900 | Total Assessment | $1,551,100 |
Property Taxes
Parcel Number
1-1-3-004-093-0000
Land Assessment
$1,268,900
Improvements Assessment
$282,200
Total Assessment
$1,551,100
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2046 N King St
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