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3-3100 Kuhio Hwy Lihue, HI 96766

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Pending
$10,000,000

Fee simple ground leased properties and multitenant commercial building for sale.

Property size:
48,505 SF

Property Features for 3-3100 Kuhio Hwy

General Information

Standard status
Pending
Size
48,505 SF

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Listing Contact
Matthew Bittick
Source: Cbre

Listing Agent: Matthew Bittick

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

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Overview

Kauai Retail Investment Opportunity

This offering presents the opportunity to acquire four fee simple ground-leased properties and one fee simple property located in central Lihue, Kauai. The property comprises approximately five parcels totaling 2.21 acres of GC (General Commercial) zoned land, ground leased through February 28, 2041, by Lihue Town Center Properties, Inc. (Calvary Chapel Lihue). Adjacent to this is a 0.34-acre parcel with a 4,383-square-foot multitenant commercial building. All properties are adjacent to one another. Existing improvements include five buildings with 48,505 square feet of leasable area. This single-level strip retail center is situated along one of Kauai’s primary thoroughfares, presenting a stable leased-fee interest investment opportunity. The ground lease includes periodic rent increases, with the term expiring on February 28, 2041. The property is considered highly financeable with exceptional real estate fundamentals, and offers a value enhancement opportunity by leasing up the multi-tenant freestanding building located on lot 87.
Location Intelligence

Current Use by Public Records

Cockrill Kari B Physician KCL Barbecue & Chinese ... Restaurant Tina German Physician Linda Lorenz Physician Hawaii or Utah Vacation ... Vacation Rental

Map

City
Lihue
County
Kauai
State
Hawaii
Longitude
-159.367928
Latitude
21.980138

FAQs

What type of property is this?
Strip mall - Fee simple ground leased properties and multitenant commercial building for sale.
Where is this strip mall located?
The property is located at 3-3100 Kuhio Hwy Lihue, HI.
What is the asking price?
The asking price for this property is $10,000,000.
What are key features of this property?
This property features: - Stable leased-fee interest investment opportunity.; - Highly financeable asset with exceptional real estate fundamentals.; - Periodic rent increases with ground lease term expiring on 2/28/2041.
More about this property
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