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3040 Waialae Ave 1,944 SF of Retail Space Available in Honolulu, HI 96816
Highlights
- On-site parking supports convenient customer access
- Located in the heart of Honolulu’s highly desirable Kaimuki district.
- Surrounded by established neighborhood retail and dining destinations.
- The area benefits from dense residential population and strong incomes.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,944 SF | Negotiable | $82.07 CAD/SF/YR $6.84 CAD/SF/MO $159,545 CAD/YR $13,295 CAD/MO | Modified Gross |
1st Floor
The available retail space totals approximately 1,944 square feet and is built out for a food service operator. The space includes an existing grease trap and hood, allowing for a more efficient setup for restaurant or prepared food concepts. The layout offers frontage and accessibility that supports customer flow, with proximity to on-site parking and visibility from Waialae Avenue. The condition and existing improvements make the space well suited for operators seeking a functional, plug-and-play opportunity.
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Built-out food service space
- Existing hood and grease trap
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 3040 Waialae Ave, Honolulu, HI 96816
- Tenant
- Description
- US Locations
- Reach
- Nola Cafe HNL
- Restaurant
- 1
- Local
- Omakase Holdings Llc
- Management of Companies and Enterprises
- 1
- -
- The Ripple Of Smiles
- Restaurant
- 1
- -
| Tenant | Description | US Locations | Reach |
| Nola Cafe HNL | Restaurant | 1 | Local |
| Omakase Holdings Llc | Management of Companies and Enterprises | 1 | - |
| The Ripple Of Smiles | Restaurant | 1 | - |
Property Facts
| Total Space Available | 1,944 SF | Gross Leasable Area | 4,949 SF |
| Property Type | Retail | Year Built | 1955 |
| Property Subtype | Restaurant | Parking Ratio | 4.04/1,000 SF |
| Total Space Available | 1,944 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 4,949 SF |
| Year Built | 1955 |
| Parking Ratio | 4.04/1,000 SF |
About the Property
3040 Waialae Avenue is a neighborhood retail property located in the heart of Honolulu’s highly regarded Kaimuki district. Positioned along a well-traveled corridor, the property benefits from strong street presence, consistent daily traffic, and excellent visibility. The surrounding area is characterized by dense residential neighborhoods, strong household incomes, and a vibrant mix of restaurants, boutique retailers, and service-oriented businesses. The property sits directly across from City Mill Kaimuki and is minutes from major educational institutions and employment centers, reinforcing steady customer demand. Designed to support neighborhood-serving retail uses, the center offers convenient on-site customer parking and a layout that complements pedestrian and vehicular access. Kaimuki’s walkable environment and loyal local customer base make this property well suited for retailers seeking long-term stability within one of Honolulu’s most resilient and authentic commercial districts.
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Nearby Major Retailers
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3040 Waialae Ave
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