98-316 Kamehameha Highway, Aiea, HI 96701

$3,260,000
List Price
$3,260,000
Days on Market
35
MLS#
201910325
Status
IN ESCROW NOT SHOWING
Type
Commercial
Building
N/A
Sq Ft Total
2444
Land Area
13,888
Land Tenure
FS - Fee Simple
Neighborhood
Aiea

Property Description

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.

Additional Information

Stories Type
One
Utilities
Light Electricity, Small Water Meter
Easements
Sewer
Parking Total
13
Tenants Responsibilities Include
AC Maintenance, Common Area Maintenance, Electricity, Excise Tax, Fire Ins, Glass Ins, Janitorial/Trash Removal, Liability Ins, Other, Real Estate Taxes, Water
Lot Size
13,888
Construction Materials
Concrete Block, Remodeled
Mls Area Major
PearlCity
Neighborhood
Aiea
Frontage
Main Street
Year Built
1987
Tax Amount
$1,174
Building Name
N/A
Sewer
Connected
Roof
Aluminum/Steel, Other
Parking Features
On Site
Amenities
None
Stories
1

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Calculator source: Real Geeks

Listing courtesy of Standard Management LLC.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2019 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.