Open-Plan Retail
New
For Sale
$250,000
400 Hobron Lane #411 411, Honolulu, HI 96815
The interior pairs an open area with two partially divided sections, each fitted with a door.
Property Size716 SF
Price / SF$349.16
Days on Market2
Property Features for 400 Hobron Lane #411 411
General Information
Standard status
Active
Size
716 SF
Listing Agency:
Advisors Realty
(808) 751-1979
Listed By:
Andrew YD Leong · License #RB-21696
(808) 230-3017
Source:
Irhawaii
Added: Oct 5
Changed: Oct 6
Last Checked: Oct 6 at 2:35AM
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 Advisors Realty
Investment Insights
Based on property information with market context.
This 716-square-foot retail condominium at 400 Hobron Lane, Unit 411, has an open main area and two partially partitioned sections with doors. The property is within Eaton Square Shopping Center, a retail and garden-office development in West Waikiki.
Key Highlights
- 716‑square‑foot retail condominium
- Open main area plus two partially partitioned sections with doors
- Located within Eaton Square Shopping Center in West Waikiki
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,952
Cap Rate
7.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,040
$379.0K
Cap Rate 7%
$270,743
$270.7K
Cap Rate 9%
$210,578
$210.6K
Market Conditions
NOI Build-Up for 716 SF
Gross rent
$28.4K $39.72/SF
− Vacancy
−$1.4K −$1.91/SF
EGI
$27.1K $37.81/SF
− OpEx
−$8.1K −$11.34/SF
NOI
$19.0K $26.47/SF
Area
Honolulu County, HI
Vacancy
4.80%
Lease Rate
$39.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,040
Cap Rate 7%
$270,743
Cap Rate 9%
$210,578
Alternative Uses
Best Use
Retail
$270.7K
$236.9K – $315.9K
NOI $18,952 @ 7.0% cap · market cap 7.58%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$290.1K
$253.8K – $338.4K
NOI $20,306 @ 7.0% cap · market cap 8.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Demographics for 96815, HI
28,786
Population
22,804
Households
1.3
Avg Household Size
48
Median Age
47%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
13,085
Density / Sq Mi
$75,020
Median Household Income
$55,543
Median Earnings
$1,903
Median Rent
$627,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - The interior pairs an open area with two partially divided sections, each fitted with a door.
Where is this retail space located?
The property is located at 400 Hobron Lane #411 411 Honolulu, HI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 716‑square‑foot retail condominium; Open main area plus two partially partitioned sections with doors; Located within Eaton Square Shopping Center in West Waikiki
