75-1000 HENRY ST, Kailua-kona, HI 96740
75-1000 HENRY ST, Kailua-kona, HI 96740
75-1000 HENRY ST, Kailua-kona, HI 96740
13
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$9,500,000
Est. payment /mo
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4 Baths
33,598 SqFt
Active

75-1000 HENRY ST Kailua-kona, HI 96740

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Wayne Hancock

Wayne Hancock

+1(808) 250-6901

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Key Details

Property Type Commercial

Sub Type Office,Retail

Listing Status Active

Purchase Type For Sale

Square Footage 33,598 sqft

Price per Sqft $282

Subdivision Lanihau 1St - Hienaloli 1St

MLS Listing ID 719905

Half Baths 4

HOA Y/N No

Rental Info 175000

Year Built 1997

Annual Tax Amount $89,584

Tax Year 2024

Lot Size 1.488 Acres

Property Sub-Type Office,Retail

Source Hawaii Information Service

Land Area 64837

Property Description

This is a leasehold property. Thirty-four years remain on the ground lease with known rent for the next thirteen years. The property provides significant cash flow and return on investment while owning a trophy mixed-use office and retail building with the best location in its market area of Kailua-Kona, on the Island of Hawai'i. Planet Fitness, the anchor tenant, occupies the entire first floor with 7 years and 8 months remaining, with three 5-year options and 12% rent increases every 4 years. A strong tenant mix on the 2nd floor, with escrow, legal, business, government, and wealth management services.

Location

State HI

County Hawaii Island (big Island)

Community Lanihau 1St - Hienaloli 1St

Area Hi

Zoning CG-20

Region North Kona

City Region North Kona

Exterior

Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities

View Y/N Yes

View City, Ocean, Sunset

Garage No

Private Pool No

Building

Entry Level Two

Others

Ownership Full

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Leasehold, Standard

Hawaii Information Service (HIS)
Listed by Joel K. LaPinta
Nearby Locations
Wayne Hancock
Wayne Hancock

Principal Broker | License ID: RB-23885

+1(808) 250-6901 | wayne@myhawaii.realestate

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75-1000 HENRY ST