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567 Kapahulu Ave 8,446 SF 100% Leased Retail Building Honolulu, HI 96815 $11,250,000 ($1,331.99/SF)
Investment Highlights
- Comprehensive property makeover in 2019
- Value-Add Potential
- 100% occupied with majority of tenants on long-term leases
- Well-maintained property
- Space can be combined for 1st and 2nd floor operations
- Public lot with 55 additional parking stalls across the street provides ample customer parking
Executive Summary
567 Kapahulu is prominently located in the heart of the Kapahulu Corridor, at the corner of Kapahulu and Campbell Avenue. Only minutes away from Waikiki and less than one mile from the H1 freeway, this property is easily accessible for both locals and tourists. In addition to the street/on-site parking, a public parking lot directly across the street ensures plenty of convenience for customers.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,446 SF
Building Class
C
Year Built
1942
Price
$11,250,000
Price Per SF
$1,331.99
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
9’
Building FAR
0.97
Lot Size
0.20 AC
Zoning
B-2 - Business Mixed Use
Frontage
Amenities
- Bus Line
- Corner Lot
- Restaurant
- Signage
- Signalized Intersection
- Air Conditioning
Exceptionally walkable
90/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1-3-1-017-046-0000 | Improvements Assessment | $921,700 |
| Land Assessment | $2,583,200 | Total Assessment | $3,504,900 |
Property Taxes
Parcel Number
1-3-1-017-046-0000
Land Assessment
$2,583,200
Improvements Assessment
$921,700
Total Assessment
$3,504,900
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