Overview
Investment Highlights
1. Prime Location: Located in the vibrant and upscale neighborhood of Kaka'ako, Hawaii, known for its high foot traffic and affluent demographics.
2. Diverse Mix: The strip center boasts diversity, providing stability and mitigating risk.
3. Strong Rental Income: Enjoy consistent rental income streams from multiple tenants, contributing to a solid return on investment.
4. Growth Potential: Positioned in a rapidly developing area, the strip center offers potential for future appreciation and increased rental rates.
5. High Visibility: Benefit from excellent visibility and exposure, attracting both local residents and tourists to the center.
6. Favorable Market Dynamics: Hawaii's robust tourism industry and growing population contribute to the sustained demand for retail space in the area.
7. Well-Maintained Property: The strip center is well-maintained, minimizing maintenance costs and ensuring a positive experience.
8. Proximity to Amenities: Close proximity to Ala Moana SC, dining, entertainment, residential developments, and major transportation hubs enhances the attractiveness of the location for tenants and customers alike.
Property Details
- Amenities
- Fire Sprinkler, Office, Private Restroom, Public Restroom
- Building Name
- Pensacola Plaza
- Construction Materials
- Concrete Block, High Cube, Loft Space, Remodeled
- Flooring
- Concrete
- Neighborhood
- Kakaako
- Parking Features
- Street
- Property Type
- Commercial/Industrial
- Interior SqFt
- 7,621
- Total SqFt
- 7,621
- Status
- Active
- Year Built
- 1948
Additional Property Info
- Days on Market
- 55
- Flood Zone
- Zone AE
- Roof
- Composition
- Tax Amount
- $3,696
- Tax Assessed Value
- $3,577,200
- Tax Assessed Value Improvements
- $977,200
- Tax Assessed Value Land
- $2,600,000
- Utilities
- Gas, Heavy Electricity, Large Water Meter
- Zoning
- Kak – Kakaako Community Development Project
Courtesy of Ash Tawfik, Hawaii Real Estate Properties.
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.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.
