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    549 Halemaumau St Honolulu, HI 96821

    For Lease
    $42 SF/Yr

    Niu Valley Center Retail Opportunity - 2,484 SF

    Lot size:
    2,484 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 2,484-square-foot restaurant space is available for lease in Honolulu, Hawaii, at 549 Halemaumau Street, Unit B4. Located within the bustling Niu Valley Center, this single-tenant property offers a prime location along Kalanianaole Highway. Benefit from existing restaurant infrastructure, allowing for customization to fit your specific needs. Lease directly from the landlord, eliminating any lease premium. The property is situated in a thriving commercial area, with established neighbors including Jack In the Box, 7-Eleven, and Gyotaku, ensuring high visibility and foot traffic. The 2024 common area maintenance (CAM) is estimated at $1.24 per square foot per month. Tenants are responsible for real property taxes and condominium maintenance fees. This retail space, classified as commercial and restaurant property within Honolulu County (zip code 96821), presents a unique opportunity for a discerning restaurateur seeking a well-positioned, ready-to-occupy establishment. The property is part of a larger commercial development, offering convenience and accessibility. The property's location provides excellent exposure to a diverse customer base. This is an ideal opportunity to establish or expand your restaurant business in a high-traffic area with strong existing businesses. The property is situated at 21.2831194 latitude and -157.7353789 longitude.

    Property Features for 549 Halemaumau St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,484 SF

    Unit(s) available at that property

    Space
    Unit 315
    Size
    2,484 SF
    Rate per SF
    $42

    HighLights

    • 2,484 SF restaurant space available for lease at 549 Halemaumau St, Unit B4, Honolulu, HI 96821.
    • Located in Niu Valley Center on Kalanianaole Hwy, with high visibility and foot traffic near Jack In the Box, 7‑Eleven, and Gyotaku.
    • Existing restaurant infrastructure allows for customization; lease directly from landlord.
    • 2024 CAM estimated at $1.24/SF/month; tenant responsible for property taxes and condo fees.
    • Prime location in a thriving commercial area with excellent exposure to a diverse customer base.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    CrossFit Honolulu Gym Hair World Beauty Salon Surf Camp Coffee ... Coffee Shop Honolulu Financial Partners Financial Planner White Jeff Financial Planner

    Map

    City
    Honolulu
    County
    Honolulu
    State
    Hawaii
    Longitude
    -157.7353789
    Latitude
    21.2831194

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    FAQs

    What type of property is this?
    Restaurant - Niu Valley Center Retail Opportunity - 2,484 SF
    Where is this restaurant located?
    The property is located at 549 Halemaumau St Honolulu, HI.
    What is the lease rate?
    The lease rate is $42 SF/Yr.
    What are key features of this property?
    This property features: 2,484 SF restaurant space available for lease at 549 Halemaumau St, Unit B4, Honolulu, HI 96821.; Located in Niu Valley Center on Kalanianaole Hwy, with high visibility and foot traffic near Jack In the Box, 7-Eleven, and Gyotaku.; Existing restaurant infrastructure allows for customization; lease directly from landlord.
    Request Owner's contact information
    549 Halemaumau St Honolulu, HI 96821
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    Honolulu, HI 96821
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    549 Halemaumau St Honolulu, HI 96821
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