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Nalu Lani Plaza 401 Kamakee St 22,816 SF 100% Leased Office Building Honolulu, HI 96814 $32,480,256 CAD ($1,423.57 CAD/SF) 5% Cap Rate



INVESTMENT HIGHLIGHTS
- Location! High visiblitly, great traffic flow, & easy access
- Fully updated and renovated Building.
- Strong Rents, Great Tenant mix, fully occupied
- Highly desirable area that is still growing and increasing demand
- Parking on site
- Corner lot on Queen and Kamakee, Across from WHOLEFOODS.
EXECUTIVE SUMMARY
Rare opportunity to invest in this perfectly situated four story property across Wholefoods. It meets the needs for office and retail space for the area gaining impressive rents. Along with being fully occupied has controlled expenses, low CAM rates, easy access, high traffic exposure, walkability, and just overall performance by fitting the needs of the area, makes this property a rare gem on the Island.
See Fact sheet/Brochure for more information.
See Fact sheet/Brochure for more information.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Building Size
22,816 SF
Building Class
B
Year Built/Renovated
1960/2020
Price
$32,480,256 CAD
Price Per SF
$1,423.57 CAD
Cap Rate
5%
NOI
$1,624,013 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
6,561 SF
Slab To Slab
14’
Building FAR
0.99
Lot Size
0.53 AC
Zoning
HCDA - Kaka'ako District (Community Developement Authority)
Parking
40 Spaces (1.52 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
- Controlled Access
- Convenience Store
- Property Manager on Site
- Restaurant
- Security System
- Signage
- Natural Light
- Food Service
- Outdoor Seating
- Air Conditioning
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Walk Score®
Walker's Paradise (95)
Transit Score®
Excellent Transit (75)
PROPERTY TAXES
| Parcel Number | 1-2-3-004-029-0000 | Improvements Assessment | $3,830,231 CAD |
| Land Assessment | $10,085,648 CAD | Total Assessment | $13,915,879 CAD |
PROPERTY TAXES
Parcel Number
1-2-3-004-029-0000
Land Assessment
$10,085,648 CAD
Improvements Assessment
$3,830,231 CAD
Total Assessment
$13,915,879 CAD
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Nalu Lani Plaza | 401 Kamakee St
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