Kapolei Retail Space with
1051 Kakala Street #204 Kapolei, HI 96707
1051 Kakala Street #204, Kapolei, HI, 96707
$725,000
For Sale
$725,000
Retail space in Kapolei's Mehana community with loft and parking.
Property Size900 SF
Price / SF$805.56
Days on Market271
Property Features for 1051 Kakala Street #204
General Information
- Standard status
- Active
- Size
- 900 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2016
Listing Agency
CENTURY 21 ISLAND HOMES
(808) 888-7513
Listed by
DEANNA L CORDIER · License #RS-77336
Source
Corcoran
Added: Oct 24, 2025 Updated: Jul 6 at 10:14 am Checked: Jul 19 at 4:27 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 ISLAND HOMES
Investment Insights
Based on property information with market context.
This retail space, zoned BMX-3, is located in the residential community of Mehana in Kapolei. The property features approximately 720 square feet of space, including a 180-square-foot second-floor loft. The space includes vaulted ceilings and textured wall treatments. It is equipped with two split-system air conditioning units, a large ceiling fan, and modern lighting fixtures. The property includes four assigned parking stalls. The building provides a private lavatory. Ownership includes access to community amenities such as parks, a pool, a recreation center, and keiki parks.
Key Highlights
- Prime retail space in the thriving Mehana community of Kapolei.
- BMX‑3 zoning suitable for a variety of business uses.
- Includes 4 assigned parking stalls.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.7k | $39.72 |
| − Vacancy | −$1.7k | −$1.91 |
| EGI | $34.0k | $37.81 |
| − OpEx | −$10.2k | −$11.34 |
| NOI | $23.8k | $26.47 |
900 SF · lease $39.72/SF/yr · vacancy 4.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$340.3K
$297.8K – $397.0K
NOI $23,822 @ 7.0% cap · market cap 3.29%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$364.6K
$319.1K – $425.4K
NOI $25,524 @ 7.0% cap · market cap 3.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
KN Design by ...
Interior Design
Oahu Bakes & Brew ...
Bakery
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail space in Kapolei's Mehana community with loft and parking.
Where is this retail space located?
The property is located at 1051 Kakala Street #204 Kapolei, HI.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Prime retail space in the thriving Mehana community of Kapolei.; BMX‑3 zoning suitable for a variety of business uses.; Includes 4 assigned parking stalls.
