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1234 Lower Main St 1,181 SF Retail Building Wailuku, HI 96793 $1,498,376 CAD ($1,268.73 CAD/SF) 4.97% Cap Rate
Investment Highlights
- Single Tenant NNN Investment Property
- Free standing building with private parking
- Accessible location near downtown Wailuku and major Maui destinations.
- Rare opportunity to own on Lower Main Street
- Established local bar business tenant
- Opportunity includes an existing five-year lease option for long-term stability.
Executive Summary
Prime street-front location in the heart of Wailuku, just off Lower Main Street. The property features a small, free-standing building with a private parking lot, offering strong visibility and accessibility. Ideal for a single-tenant NNN investment, this opportunity combines a central location with steady income potential in a well-established commercial area. Tenant has one year remaining on existing lease and a 5-year option.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,181 SF
Building Class
C
Year Built/Renovated
1936/2015
Price
$1,498,376 CAD
Price Per SF
$1,268.73 CAD
Cap Rate
4.97%
NOI
$74,442 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.15 AC
Zoning
M-1 Light Industrial
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2-3-4-023-024-0000 | Improvements Assessment | $455,301 CAD |
| Land Assessment | $568,681 CAD | Total Assessment | $1,023,982 CAD |
Property Taxes
Parcel Number
2-3-4-023-024-0000
Land Assessment
$568,681 CAD
Improvements Assessment
$455,301 CAD
Total Assessment
$1,023,982 CAD
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1234 Lower Main St
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