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2477 Ulu Maika St
Lihue, HI 96766
Servco Auto | 25YR Abs NNN Lease | Inv. Grade · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Corporate Guaranteed By Hawaii’s Largest Privately Owned Company | Brand New 25-Year Sale Leaseback | Rental Increases | 100+ Years in Business
  • Hard Corner Intersections | Excellent Visibility & Access | Just Off Kaumualii Highway (28,900 VPD)
  • Close Proximity to Lihue Airport (3.41 Million Passengers) | Strong Hawaii Tourism
  • Rare Fee Simple Ownership Opportunity in Hawaii | Trophy Asset | High Barriers to Entry | Built in 2018
  • Main Retail Hub for Kauai | Near Kukui Grove Shopping Center
  • Strong Demographics in Trade Area | Six-Figure Incomes

PROPERTY FACTS

Property Type
Retail
Property Subtype
Auto Dealership
Building Size
12,002 SF
Building Class
B
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
3.33 AC
Zoning
CG, Kauai

AMENITIES

  • Corner Lot
  • Freeway Visibility
  • Signage
  • Signalized Intersection
  • Monument Signage

ABOUT 2477 ULU MAIKA ST , LIHUE, HI 96766

Servco Auto Kauai is just off of Kaumualii Highway (28,900 VPD) with convenient access via Kalepa Street or Nuhou Street. The site is also positioned between two hard corners with multiple access points, providing ease and convenience for customers. Servco is strategically situated in Kauai’s primary retail corridor, surrounded by national/credit tenants including Costco, The Home Depot, Safeway, Walmart, Petco, and more, promoting crossover shopping to the subject property. In addition, the asset is adjacent to Kukui Grove Shopping Center, a 50-acre open-air center anchored by Macy’s, Ross Dress for Less, Longs Drugs (CVS), Times Supermarket, and more, further increasing consumer traffic to the trade area. The 5-mile trade area is supported by over 16,000 residents and 16,000 employees. The immediate 1-mile population boasts an affluent average household income of more than $102,000. In addition, Kauai benefits from approximately 1.38 million visitors by air each year with over 52% of these tourists coming from the Western United States.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4-3-3-010-033-0000
Land Assessment
$1,338,200
Improvements Assessment
$4,396,400
Total Assessment
$5,734,600
  • Listing ID: 19302215

  • Date on Market: 4/22/2020

  • Last Updated:

  • Address: 2477 Ulu Maika St, Lihue, HI 96766

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