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2046 N King St 2,432 SF 100% Leased Retail Building Honolulu, HI 96819 $2,555,220 CAD ($1,050.67 CAD/SF) 3.80% Cap Rate
Executive Summary
Exceptional Commercial Retail strip on high traffic count street and high visibility. BMX-3 zoning provides wide range of retail, service, professional operations, and other commercial uses. Situated just a few minutes from the Honolulu Central Business District, Piers, Airport, Hospitals, and Military Bases. Excellent hub for commerce, logistics, and customer access. One of 4 spaces presently vacant, so an excellent opportunity for an owner user, or for a new tenant wanting a desirable location. Ample parking.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,432 SF
Building Class
C
Year Built
1980
Price
$2,555,220 CAD
Price Per SF
$1,050.67 CAD
Cap Rate
3.80%
NOI
$97,094 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.47
Lot Size
0.12 AC
Zoning
BMX-3 - BMX-3 Community Business Mixed-Use District.
Parking
9 Spaces (3.7 Spaces per 1,000 SF Leased)
Frontage
92’ on N King St
Amenities
- Bus Line
- Signage
Very walkable
80/100
Moderately drivable
60/100
Good public transit
60/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1-1-3-004-093-0000 | Improvements Assessment | $386,352 CAD |
| Land Assessment | $1,737,213 CAD | Total Assessment | $2,123,565 CAD |
Property Taxes
Parcel Number
1-1-3-004-093-0000
Land Assessment
$1,737,213 CAD
Improvements Assessment
$386,352 CAD
Total Assessment
$2,123,565 CAD
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2046 N King St
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