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Multifamily For Sale • 4,158 SF
| 100% Leased: Both commercial condominium units, comprising four retail spaces, are fully occupied and provide immediate in-place cash flow. |
| Fee-simple tenure condominium ownership provides a durable, long-term position in one of Honolulu’s most supply-constrained urban submarkets. |
| NNN Lease Structures: Triple-net leases recover CAM and real property tax expenses from tenants, providing a true net-rent structure. |
| ???????Passive Condo Ownership: The association manages all common areas & building systems, requiring little to no capital expenditure by the owner. |
| Ala Moana Blvd. Frontage: Frontage along Honolulu’s primary route between the airport and Waikiki provides exposure to approx. 47,437 vehicles/day. |
| Prime Kaka?ako Location: Located at the base of a Class A residential tower within Our Kaka?ako, adjacent to the SALT district. |
| Cap Rate: | 5.25 % |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Daniel K Inouye International | 14 min | - | 6.8 mi |
Ian Clagstone
Standard Commercial LLC
Ian Clagstone
Standard Commercial LLC
