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    1111 Dillingham Blvd Honolulu, HI 96817

    Sponsored
    For Lease
    $14 SF/Yr

    Versatile Honolulu warehouse, retail & office

    Lot size:
    28,076 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This Honolulu property, the Kokea Center, presents a unique investment opportunity. Located at 1111 Dillingham Boulevard, Honolulu, HI 96817, this mixed-use building offers a total of 28,076 square feet across one single-story building on a 1.09-acre lot. The property features a variety of spaces, ranging from 520 to 2,700 square feet, suitable for various commercial uses. Currently, there are eight available spaces, including warehouse, retail, cafe, and commercial kitchen options. Some units include private offices and restrooms. The building is classified as Class C and was constructed in 1985. Ample parking is available with 200 spaces. The property's zoning is IMX-1, and its convenient location on the corner of Dillingham Boulevard and Kokea Street offers excellent visibility and accessibility. Situated across from Honolulu Community College and near major retailers like Costco, Home Depot, and Best Buy, this location provides high traffic and strong potential for tenant attraction. The property's common area maintenance (CAM) is $0.91 per square foot per month, and the ground lease is $0.17 per square foot per month. The Kokea Center presents a compelling opportunity for investors seeking a diverse portfolio of commercial spaces in a prime Honolulu location. The APN is 1-1-5-020-003-0000, and the property is located in the Kalihi submarket of Honolulu County. The maximum contiguous space available is 2,465 square feet.

    Property Features for 1111 Dillingham Blvd

    General Information

    Property type
    Refrigerated & Cold Storages
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    28,076 SF
    Class
    C
    Total Rate
    33691.2

    Building Details

    Year Built
    1985
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    E-7C
    Size
    520 SF
    Rate per SF
    $30
    Space
    B-3
    Size
    2,700 SF
    Rate per SF
    $14
    Space
    E-3
    Size
    1,000 SF
    Rate per SF
    $30
    Space
    E-6
    Size
    1,000 SF
    Rate per SF
    $30
    Space
    D-1
    Size
    750 SF
    Rate per SF
    $30
    Space
    H-6
    Size
    1,710 SF
    Rate per SF
    $18
    Space
    E-4
    Size
    1,000 SF
    Rate per SF
    $30
    Space
    H-2
    Size
    2,400 SF
    Rate per SF
    $14

    HighLights

    • 28,076 SF mixed‑use building on a 1.09‑acre lot in Honolulu, HI.
    • Eight available spaces ranging from 520 to 2,700 SF, including warehouse, retail, cafe, and commercial kitchen options.
    • Some units feature private offices and restrooms.
    • Ample parking (200 spaces) and excellent visibility at the corner of Dillingham Blvd. and Kokea St.
    • Located near Honolulu Community College, Costco, Home Depot, and Best Buy.
    • Class C building constructed in 1985; IMX‑1 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hawaiian Ono Services Barbecue Restaurant H&R Block Tax Preparation Service Operating Engineers Local ... Labor Union Kokea Bento Restaurant Commercial Building Maintenance ... Commercial Cleaning Service

    Map

    City
    Honolulu
    County
    Honolulu
    State
    Hawaii
    Longitude
    -157.8733259
    Latitude
    21.3212853

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    FAQs

    What type of property is this?
    Refrigerated / Cold Storage - Versatile Honolulu warehouse, retail & office
    Where is this refrigerated / cold storage located?
    The property is located at 1111 Dillingham Blvd Honolulu, HI.
    What is the lease rate?
    The lease rate is $14-$30 SF/Yr.
    What are key features of this property?
    This property features: 28,076 SF mixed-use building on a 1.09-acre lot in Honolulu, HI.; Eight available spaces ranging from 520 to 2,700 SF, including warehouse, retail, cafe, and commercial kitchen options.; Some units feature private offices and restrooms.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1111 Dillingham Blvd Honolulu, HI 96817
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