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75-5759 Kuakini Hwy
Kailua Kona, HI 96740
Paa Pono Professional Plaza · Office Property For Sale
Investment Highlights
- Building is well maintained.
- Fee simple ownership opportunity.
Property Facts
Property Type
Building Size
11,227 SF
Building Class
C
Year Built
1968
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,613 SF
Building FAR
0.52
Lot Size
0.50 AC
Zoning
CV-7.5
Parking
27 Spaces (2.4 Spaces per 1,000 SF Leased)
About 75-5759 KUAKINI HWY , KAILUA KONA, HI 96740
In Center of Kailua Village at Corner of Kuakini Highway and Hualalai Road. Excellent Tenant base with 91% occupancy at this time. Only 2 small vacancies, one at 406 SF and other at 570 SF. Building well maintained and in great shape. Recently renewed 5 tenants from 2 to 5 year terms. 2 Major Tenants to renew by years end which should put CAP rate close to 7.
Property Taxes
| Parcel Number | 3-7-5-008-015-0000 | Improvements Assessment | $1,643,000 |
| Land Assessment | $710,000 | Total Assessment | $2,353,000 |
Property Taxes
Parcel Number
3-7-5-008-015-0000
Land Assessment
$710,000
Improvements Assessment
$1,643,000
Total Assessment
$2,353,000
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