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75-1000 Henry St Kailua Kona, HI 96740

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For Sale
$9,500,000

Mixed-use building in Kailua-Kona with strong tenant mix.

Property size:
33,598 SF

Property Features for 75-1000 Henry St

General Information

Standard status
Active
Size
33,598 SF

Building Details

Year built
1997

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Listing Contact
Joel K. Lapinta
Source: Corcoran

Listing Agency: JOEL K. LAPINTA Listing Agent: Joel K. Lapinta

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Kailua-Kona Mixed-Use Investment Opportunity

This mixed-use property is located in Kailua-Kona, on the Island of Hawai'i. The property consists of office and retail spaces. The building has a total size of 33598 square feet. Planet Fitness is the anchor tenant and occupies the entire first floor. Their lease has 7 years and 8 months remaining, with three 5-year options and 12% rent increases every 4 years. The second floor has a strong tenant mix, with escrow, legal, business, government, and wealth management services. This is a leasehold property with thirty-four years remaining on the ground lease with known rent for the next thirteen years. The property provides significant cash flow and return on investment.
Location Intelligence

Current Use by Public Records

Maryl Commercial Construction Company Burrill CPA, Tax ... Accounting Firm BAYADA Home Health ... Home Health Care Service Maryl Architecture & Planning Architect Coldwell Banker Maryl ... Real Estate Agency

Map

City
Kailua Kona
County
Hawaii
State
Hawaii
Longitude
-155.997333
Latitude
19.646149

FAQs

What type of property is this?
Mixed-use property - Mixed-use building in Kailua-Kona with strong tenant mix.
Where is this mixed-use property located?
The property is located at 75-1000 Henry St Kailua Kona, HI.
What is the asking price?
The asking price for this property is $9,500,000.
What are key features of this property?
This property features: - Significant cash flow and return on investment.; - **Trophy mixed-use office and retail building in the best location in Kailua-Kona.**; - **Planet Fitness is the anchor tenant with 7 years and 8 months remaining, plus three 5-year options and rent increases.**
More about this property
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