Hale'iwa Plantation Shops | 66-526 Kamehameha Hwy
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Hale'iwa Plantation Shops 66-526 Kamehameha Hwy
3,076 SF 100% Leased Retail Building Haleiwa, HI 96712 $4,175,000 ($1,357/SF) 6.04% Cap Rate
Investment Highlights
- Rare Fee Simple Investment Offering
- High Visibility, High Traffic Location
- Increasing Cash Flow
- Limited Supply
- Recently Renovated Property
- Seller Financing Available. Up to $2M; 5% Int only; 5 Yr Term; 1 Point. Subject to qualification.
Executive Summary
The Beall Corporation (“TBC”) has been exclusively retained by Ownership to offer qualified investors the opportunity to acquire Haleiwa Plantation Shops, a fee simple property located in Haleiwa on the North Shore of O'ahu. The property is comprised of 3 separate retail buildings, totaling 3,076 square feet, situated on a 16,993 square foot lot. This is a once in a generation opportunity, as comparable properties in Haleiwa trade infrequently.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,076 SF
Building Class
C
Year Built/Renovated
1914/2015
Price
$4,175,000
Price Per SF
$1,357
Cap Rate
6.04%
NOI
$252,189
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Land Acres
0.46 AC
Zoning
R-5 - The current zoning is R-5 Residential, Permitted Non-conforming, with an approved Conditional Use Permit issued in 2014.
Parking
26 Spaces (8.45 Spaces per 1,000 SF Leased)
Frontage
90 FT on Kamehameha Hwy
Amenities
- Bus Line
- Signage
PROPERTY TAXES
| Parcel Number | 1-6-2-007-020-0000 | Improvements Assessment | $487,600 |
| Land Assessment | $2,063,600 | Total Assessment | $2,551,200 |
PROPERTY TAXES
Parcel Number
1-6-2-007-020-0000
Land Assessment
$2,063,600
Improvements Assessment
$487,600
Total Assessment
$2,551,200
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Chris Yaris -
Caton Smith -
The Beall Corporation
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Hale'iwa Plantation Shops | 66-526 Kamehameha Hwy
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