Aiea Commercial

98-316 Kamehameha Highway, Aiea, Oahu 96701 Get Directions

SOLD

 

Total SqFt
2,444
Lot Size Area
13,888 SqFt
Land Tenure
Fee Simple
MLS #
201910325
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Overview

FEE SIMPLE. 4.6% cap rate ($150,000 NOI) with new long-term (10 year) NNN lease to Seven-Eleven Hawaii, Inc. with rent increases. Excellent location at the first stop light after exiting the Moanalua Freeway into the Aiea/Pearlridge Business District. Zero landlord responsibilities - tenant solely responsible for all costs of maintaining and operating the improvements and land. Building completely renovated and expanded by Seven-Eleven in 2019.

Property Details

Building Name
N/A
Business Type
Convenience Store
Sold Date
07/17/2019
Sold Price
$3,260,000
Construction Materials
Concrete Block, Remodeled
Flooring
Concrete
Gross Income
$150,000
Neighborhood
Aiea Area
Net Operating Income
150000.00
Parking Features
On Site
Parking Total
13
Property Frontage
Main Street
Property Type
Commercial/Industrial
Interior SqFt
2,444
Total SqFt
2,444
Status
Sold
Stories
1
Total Actual Rent
$12,500
Year Built
1987

Additional Property Info

Disclosures
Licensed Owner, Listor Owner
Days on Market
28
Flood Zone
Zone X
Property Condition
Excellent
Roof
Aluminum/Steel, Other
Tax Amount
$1,175
Tax Assessed Value
$1,210,300
Tax Assessed Value Improvements
$230,900
Tax Assessed Value Land
$979,400
Utilities
Light Electricity, Small Water Meter
Zoning
32 - B-2 Community Business Dis

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Listing Courtesy of Standard Management LLC Courtesy of Michael M Okamoto, Standard Management LLC.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2024 by HiCentral MLS, Ltd.

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