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Market City Shopping Center 2919 Kapiolani Blvd 14,136 SF of Retail Space Available in Honolulu, HI 96816
Highlights
- The space is located on the corner adjacent to a four-way intersection (Kapiolani Blvd., King St., Waialae Ave., and Harding Ave.). Great visibility.
- Includes central air conditioning, an elevator, private restrooms, lower-level storage area, LED lights, fire alarm, updated electrical.
- Multiple signage possibilities. Access is also provided from the lower entrance along Kaimuki Avenue across Kaimuki High School.
- Space can be demised into smaller spaces from 600 sq. ft. to 5,000 sq. ft.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 288 | 14,136 SF | 9’ - 11’ | 5-20 Years | $57.52 CAD/SF/YR $4.79 CAD/SF/MO $813,160 CAD/YR $67,763 CAD/MO | Triple Net (NNN) |
2919 Kapiolani Blvd - 1st Floor - Ste 288
The end-cap space is 14,136 sq. ft (11,950 sq. ft upstairs and 2,186 sq. ft. downstairs hallway and storage). Part of a grocery anchored neighborhood shopping center in urban Honolulu. The space can be demised into smaller spaces, with a minimum size of 4,000 to 5,000 square feet. The space is significantly improved, and has central air conditioning, an elevator, private restrooms, lower-level storage area, LED lights, fire alarm, and updated electrical. The space is located on the corner adjacent to a four-way intersection (Kapiolani Blvd., King St., Waialae Ave., and Harding Ave.) with great visibility, parking, and multiple signage possibilities. Access is also provided from the lower entrance along Kaimuki Avenue across Kaimuki High School. Parking is in-and-out during the day.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Anchor Space
- Central Air Conditioning
- Partitioned Offices
- Private Restrooms
- Corner Space
- Drop Ceilings
- Exposed Ceiling
- Secure Storage
- After Hours HVAC Available
- Automatic Blinds
- Finished Ceilings: 9’ - 11’
- Smoke Detector
- Wheelchair Accessible
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at Market City Shopping Center
- Tenant
- Description
- US Locations
- Reach
- Foodland
- Supermarket
- 55
- National
- Fujioka's Wine Times
- Liquor
- 2
- Local
- Fun Station
- Restaurant
- 1
- Local
- Kaimuki Self Storage
- Other Services
- 1
- Local
- Thai Issan Cuisine
- Restaurant
- 1
- Local
- Yi Xin Cafe
- Retailer
- 1
- -
| Tenant | Description | US Locations | Reach |
| Foodland | Supermarket | 55 | National |
| Fujioka's Wine Times | Liquor | 2 | Local |
| Fun Station | Restaurant | 1 | Local |
| Kaimuki Self Storage | Other Services | 1 | Local |
| Thai Issan Cuisine | Restaurant | 1 | Local |
| Yi Xin Cafe | Retailer | 1 | - |
Property Facts
| Total Space Available | 14,136 SF | Frontage | |
| Center Type | Neighborhood Center | Gross Leasable Area | 82,150 SF |
| Parking | 300 Spaces | Total Land Area | 3.58 AC |
| Stores | 23 | Year Built | 1960 |
| Center Properties | 2 |
| Total Space Available | 14,136 SF |
| Center Type | Neighborhood Center |
| Parking | 300 Spaces |
| Stores | 23 |
| Center Properties | 2 |
| Frontage | |
| Gross Leasable Area | 82,150 SF |
| Total Land Area | 3.58 AC |
| Year Built | 1960 |
About the Property
Former Walgreens Space 14,136 Sq. Ft. For Lease - MARKET CITY SHOPPING CENTER - PRIME SPACE FOR LEASE - 2919 Kapiolani Blvd., Honolulu, HI 96826 Market City Shopping Center is Hawaii’s oldest family-owned shopping center, serving the community for over 78 years. The Center is centrally located on Kapiolani Boulevard between Kaimuki and Harding Avenues. Located at the junction of Kapahulu, Kaimuki, and Moiliili, this Center enjoys great visibility from the H1 Highway. It is anchored by Foodland Super Market and Ben Franklin Crafts. Other tenants include, T-Mobile, Fujioka’s Wine Times, L & L Hawaiian Barbecue, Thai Issan Cuisine, Donut King, and Yi Xin Cafe. In total, Market City has anywhere between 20 to 26 retail stores on 3.5 acres of fee simple land.
- Dedicated Turn Lane
- Freeway Visibility
- Signalized Intersection
Nearby Major Retailers
Presented by
Market City Limited
Market City Shopping Center | 2919 Kapiolani Blvd
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