Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    27 Puunene Ave Kahului, HI 96732

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime location, flexible space, great visibility.

    Lot size:
    7,093 SF

    Property Features for 27 Puunene Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,093 SF
    Total Rate
    31918.5

    Spaces For Lease

    at 27 Puunene Ave, Kahului, HI 96732 Contact us
    Unit Available Space

    $54 /Mo

    Size
    1,198 SF
    Contact us

    We can help!

    Listing Contact
    Grant E. Howe
    Grant E. Howe

    Listing Agency: Commercial Properties of Maui Listing Agent: Grant E. Howe

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

    Learn more

    Property Insight Report

    Overview

    This exceptional 7,093 square foot commercial property in Kahului offers a unique blend of retail, office, and medical office space. Currently configured as a loft space, this single-tenant unit presents a blank canvas for a prospective tenant to customize to their specific needs. The space requires build-out to meet County of Maui Building Permit and Planning requirements. A negotiable tenant improvement allowance is available to assist with this process. The property boasts 1,198 square feet of vacant space, ready for immediate occupancy, and is situated on a 14,684 square foot lot. Six convenient parking spaces are allocated to the unit. Benefit from high visibility with street frontage on Pu'unene Avenue, sharing the building with established businesses, Finance Factors and Finance Insurance, ensuring a strong and reputable location. This versatile space is ideal for a variety of businesses seeking a prime Kahului location with excellent visibility and ample parking. The property's flexible nature allows for adaptation to various business models, making it an attractive opportunity for entrepreneurs and established companies alike. The negotiable tenant improvement allowance provides an opportunity to create a space perfectly tailored to your business needs.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Finance Factors Bank

    Map

    City
    Kahului
    County
    Maui
    State
    Hawaii
    Longitude
    -156.466723
    Latitude
    20.8906162

    Nearby Similar for Lease

    • $21 SF/Yr
      4,428 SF

      Prime Alamaha Industrial Flex Space

      High-cube warehouse, excellent access.
      250 Alamaha St, Kahului, HI 96732
      View Details
    • Contact for pricing
      30,780 SF

      Kahului Office Space for Lease

      Prime Kahului Office Suites Available
      140 Hoohana St, Kahului, HI 96732
      View Details
    • Contact for pricing

      Kahului Office Space Available

      Office space for rent in the heart of Kahului.
      251 Lalo St, Kahului, HI 96732
      View Details
    • Contact for pricing

      Kahului Office/Retail/Medical Space Available

      Prime lease opportunity in Kahului for office, retail, or medical use.
      27 S Puunene Ave, Kahului, HI 96732
      View Details

    FAQs

    What type of property is this?
    Restaurant - Prime location, flexible space, great visibility.
    Where is this restaurant located?
    The property is located at 27 Puunene Ave Kahului, HI.
    What is the lease rate?
    The lease rate is $54 SF/Yr.
    What are key features of this property?
    This property features: 7,093 square foot retail and office building with a medical office and traditional office component.; 1,198 square feet of vacant space available.; Single-tenant occupancy.
    (808) 244-2200 Call to check price and availability
    Request Owner's contact information
    27 Puunene Ave Kahului, HI 96732
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    27 Puunene Ave
    Kahului, HI 96732
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    27 Puunene Ave Kahului, HI 96732
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Grant E. Howe
    Grant E. Howe
    Real Estate License ID: RB-12700
    (808) 244-2200
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!