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32 Kainehe St
Kailua, HI 96734
The Aruijo Building · Retail Property For Sale
Executive Summary
Opportunity to acquire a fee simple mixed-use property boasting prime visibility in Kailua!
This building, under the ownership of the seller for more than 40 years, enjoys a vibrant tenant mix encompassing retail, office, and industrial spaces, all with NNN leases set to expire within the next 12 months. With over 90% tenant occupancy (the remainder utilized by the seller), the possibilities are boundless for both ownerusers and investors alike. Featuring minimal deferred maintenance and constructed partially with CMU, this property capitalizes on a stellar walk score and convenient egress from Kailua.
This building, under the ownership of the seller for more than 40 years, enjoys a vibrant tenant mix encompassing retail, office, and industrial spaces, all with NNN leases set to expire within the next 12 months. With over 90% tenant occupancy (the remainder utilized by the seller), the possibilities are boundless for both ownerusers and investors alike. Featuring minimal deferred maintenance and constructed partially with CMU, this property capitalizes on a stellar walk score and convenient egress from Kailua.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,549 SF
Building Class
C
Year Built
1960
Price
$3,200,000
Price Per SF
$576.68
Percent Leased
61%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
9’
Building FAR
0.91
Lot Size
0.14 AC
Zoning
B-2
Frontage
41’ on Kainehe St
Amenities
- Signage
Property Taxes
| Parcel Number | 1-4-3-057-047-0000 | Improvements Assessment | $209,100 |
| Land Assessment | $1,625,000 | Total Assessment | $1,834,100 |
Property Taxes
Parcel Number
1-4-3-057-047-0000
Land Assessment
$1,625,000
Improvements Assessment
$209,100
Total Assessment
$1,834,100
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