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    OFF-MARKET
    Refrigerated & Cold Storage

    1111 Dillingham Blvd, Honolulu, HI 96817

    28,076 SF 1.09 ac lot Built 1985
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Refrigerated & Cold Storage
    Year built 1985
    Total area 28,076 SF
    Lot 1.09 ac (47,480 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Hawaiian Ono Services Restaurant
    • H&R Block Tax Preparation
    • Operating Engineers Local CU Advocacy Group
    • Kokea Bento Restaurant
    • Commercial Building Maintenance Inc Commercial Cleaning Service Carpet Cleaning Service
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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