Lihue Commercial Property on
3-3152 Kuhio Hwy Lihue, HI 96766
3-3152 Kuhio Hwy, Lihue, HI, 96766
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For Sale
Contact for pricing
High-visibility commercial property in Lihue with established tenants.
Property Size5,148 SF
Lot Size0.69 Acres
Price / SF$718.73
Days on Market57
Property Features for 3-3152 Kuhio Hwy
General Information
- Standard status
- Active
- Size
- 5,148 SF
- Lot size
- 0.69 Acres
- Property subtype
- Retail
Listing Agency
Colliers - Honolulu, Hawaii
(808) 523-9755
Listed by
Andy Kazama · License #HI RS-68575
Source
Crexi
Added: May 23 Checked: Jul 17 at 11:32 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 Colliers - Honolulu, Hawaii
Investment Insights
Based on property information with market context.
Located along Kuhio Highway, Kauai's primary commercial arterial connecting Lihue and the island's resort corridor, this property offers visibility and accessibility in an active retail area. The fee simple parcel spans 30,000 square feet and features frontage on a high-traffic corridor, benefiting from consistent resident and visitor traffic. The property includes two well-maintained commercial buildings totaling 5,048 square feet. Building 1, comprising 2,488 square feet, is a sit-down restaurant. Building 2, at 2,560 square feet, houses a Seven-Eleven convenience store, which has been at this location since 1985. Both buildings are fully occupied and generating income. The site also provides over 11,000 square feet of paved surface parking. Lihue is the business and commercial epicenter of Kauai, supported by tourism, hospitality, retail, and service sectors. It is accessible through its primary airport with flights from major mainland cities and inter-island routes. Lihue's commercial activity is supported by a residential population of approximately 12,000 residents, a government and professional services workforce, and essential retail services. Kuhio Highway functions as Lihue’s primary commercial spine, connecting Lihue Airport to the town center and the Coconut Coast, serving as a daily route for residents, workers, and visitors.
Key Highlights
- High‑traffic location on Kuhio Highway, Kauai's primary commercial arterial, ensuring exceptional visibility and accessibility.
- Two fully occupied commercial buildings (5,048 sq ft total) generating immediate income: a restaurant and a Seven‑Eleven.
- Stable demand base in Lihue, anchored by a residential population, government workforce.
Local Financial Insights For Specialty 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 | $204.2k | $39.66 |
| − Vacancy | −$11.9k | −$2.31 |
| EGI | $192.3k | $37.35 |
| − OpEx | −$48.1k | −$9.34 |
| NOI | $144.2k | $28.01 |
5,148 SF · lease $39.66/SF/yr · vacancy 5.82% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.06M
$1.80M – $2.40M
NOI $144,215 @ 7.0% cap · market cap 3.90%
Second Best
Retail
$1.95M
$1.70M – $2.27M
NOI $136,265 @ 7.0% cap · market cap 3.68%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
7-Eleven
Grocery & Convenience Store
ATM
Atm
Similar For Sale Nearby
FAQs
What type of property is this?
Grocery and convenience store - High-visibility commercial property in Lihue with established tenants.
Where is this grocery and convenience store located?
The property is located at 3-3152 Kuhio Hwy Lihue, HI.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: High‑traffic location on Kuhio Highway, Kauai's primary commercial arterial, ensuring exceptional visibility and accessibility.; Two fully occupied commercial buildings (5,048 sq ft total) generating immediate income: a restaurant and a Seven‑Eleven.; Stable demand base in Lihue, anchored by a residential population, government workforce.
