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Leased NNN Retail Condominium

M1-600 Ala Moana Blvd, Honolulu, HI 96813

For Sale
$3,892,000

Two tenants occupy one commercial condominium unit under a net lease structure.

Property Size3,242 SF
Price / SF$1,200
Days on Market30

Property Features for M1-600 Ala Moana Blvd

General Information

Standard status Active
Size 3,242 SF
Occupancy 100%

Site & Location

Neighborhood Downtown

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $24,157

Building Details

Tenancy Multi
Listing Agency: Standard Management LLC
Listed By: Ashley Clagstone · License #RB-24635
Source: Exprealty
Added: Oct 9 Changed: Nov 3 Last Checked: Nov 6 at 11:17AM

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 Standard Management LLC

Rey
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Investment Insights

Based on property information with market context.

This fee-simple commercial condominium is fully leased to two tenants in a single unit. The leases use a NNN structure, and the property is offered for sale as an individual asset.

The unit is on Ala Moana Boulevard in Honolulu’s Kakaako submarket, next to SALT at Our Kakaako. The property may also be acquired with TMK 1-2-1-55-41: CPR 398.

Key Highlights

  • 100% leased to two tenants
  • Single commercial condominium unit
  • NNN lease structure

Property Analytics

Current Use

Retail space

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Demographics for 96813, HI

27,372
Population
13,511
Households
2
Avg Household Size
43
Median Age
48%
College-Educated
96%
High-School Grad
3.6 sq mi
ZIP Area
7,603
Density / Sq Mi
$87,799
Median Household Income
$57,619
Median Earnings
$1,821
Median Rent
$804,100
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
NNN property - Two tenants occupy one commercial condominium unit under a net lease structure.
Where is this nnn property located?
The property is located at M1-600 Ala Moana Blvd Honolulu, HI.
What is the asking price?
The asking price for this property is $3,892,000.
What are key features of this property?
This property features: 100% leased to two tenants; Single commercial condominium unit; NNN lease structure
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