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  • Key Facts
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Key Facts

Type Office, Retail
Levels Commercial Sale
Size 33598 sqft
Garage No
Maintenance Fees 
Taxes $89,585
Days Active 33
Approx. Age 1997
Avg. Price Per Sqft $282
MLS® Number 719905

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

This is a leasehold property. Thirty-four years remain on the ground lease with known rent for the next thirteen years. The property provides significant cash flow and return on investment while owning a trophy mixed-use office and retail building with the best location in its market area of Kailua-Kona, on the Island of Hawai'I. Planet Fitness, the anchor tenant, occupies the entire first floor with 7 years and 8 months remaining, with three 5-year options and 12% rent increases every 4 years. A strong tenant mix on the 2nd floor, with escrow, legal, business, government, and wealth management services.Show Description
MLS® Number719905
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1997
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

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