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Highlights
- Brick walls and exterior. Access to loading and parking . Front and center in one of Chinatowns most popular dining areas.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,450 SF | 3-5 Years | $60.00 /SF/YR $5.00 /SF/MO $147,000 /YR $12,250 /MO | Modified Gross |
1st Floor
Dual-Unit Bar & Restaurant Opportunity at 40-42 North Hotel Street, Honolulu, HI 96817
- Listed rate may not include certain utilities, building services and property expenses
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 40 N Hotel St, Honolulu, HI 96817
- Tenant
- Description
- US Locations
- Reach
- Lucky Belly
- Restaurant
- 1
- -
- Mille Fete
- Retailer
- -
- -
- Pono Potions
- Retailer
- -
- -
| Tenant | Description | US Locations | Reach |
| Lucky Belly | Restaurant | 1 | - |
| Mille Fete | Retailer | - | - |
| Pono Potions | Retailer | - | - |
Property Facts
| Total Space Available | 2,450 SF | Gross Leasable Area | 4,350 SF |
| Property Type | Retail | Year Built | 1909 |
| Property Subtype | Restaurant |
| Total Space Available | 2,450 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 4,350 SF |
| Year Built | 1909 |
About the Property
40 N Hotel Street is home to some of Chinatown's most popular restaurants. This opportunity (to lease 2,450 sf ) offers a bar and dining room space with full kitchen infrastructure and prep areas - ready for an experienced operator looking to expand , or to multiple operators ( bar only or restaurant only) . Formerly home to Downbeat Diner, the dining room lends itself to an attractive layout with bar/ breakfast bar/ counter in place, and direct access to busy N Hotel Street. Potential tenants should have a firm business plan and a passion for execllent food and beverage. Strong foot traffic especially during festivals/ events and on weekends, and a lively community ambiance, 40 N Hotel Street is an excellent place for operators looking to join Chinatowns best.
- Bus Line
- Signage
Nearby Major Retailers
Presented by
40 N Hotel St
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