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300-302 Kamehameha Ave 7,372 SF 100% Leased Retail Building Hilo, HI 96720 $2,636,928 CAD ($357.70 CAD/SF) 6.31% Cap Rate



INVESTMENT HIGHLIGHTS
- High foot traffic, High visibility
EXECUTIVE SUMMARY
Property consists of 3 separate parcels TMK's 3-2-3-8-13,14 & 15. Leasable area and land area reflect total square footage of all three parcels and buildings.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront
Building Size
7,372 SF
Building Class
B
Year Built/Renovated
1958/1990
Price
$2,636,928 CAD
Price Per SF
$357.70 CAD
Cap Rate
6.31%
NOI
$166,435 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
10’
Building FAR
0.84
Lot Size
0.20 AC
Opportunity Zone
Yes
Zoning
CDH - (downtown Hilo commercial) district. high density area for retail shopping,
professional and administrative activities, cultural and arts activities.
Frontage
417’ on Kamehameha Ave
AMENITIES
- Bus Line
- Signage
Walk Score®
Very Walkable (80)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 3-2-3-008-015-0000 | Improvements Assessment | $272,483 CAD |
| Land Assessment | $186,120 CAD | Total Assessment | $458,602 CAD |
PROPERTY TAXES
Parcel Number
3-2-3-008-015-0000
Land Assessment
$186,120 CAD
Improvements Assessment
$272,483 CAD
Total Assessment
$458,602 CAD
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300-302 Kamehameha Ave
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