Description
Excel Commercial Realty is pleased to present 1684 Kalakaua Avenue, a freestanding commercial building offered for sale as an owner-user acquisition or NNN lease investment opportunity in the heart of Honolulu. The property consists of a 2,030 square foot building constructed in 1979, situated on a 7,267 square foot parcel zoned BMX3 (Community Business Mixed Use). The building features a large open-floor-plan area with plumbing and a restroom, plus a separate storage area also equipped with plumbing, well-suited for service businesses, light distribution, retail, or specialty use. The site includes 12 on-site parking stalls, a meaningful amenity for any commercial operator along this corridor. The property is currently leased to One’s Network Hawaii, a rental car operation, providing immediate in-place income for investors seeking a stabilized asset. Positioned along one of Honolulu’s most heavily trafficked corridors, the property benefits from exceptional street exposure with an estimated average daily traffic count of approximately 35,000 vehicles. The Kalakaua Avenue address places the asset within proximity to Waikiki, Ala Moana Center, Don Quijote, Kapiolani Blvd.
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School Information
Description
Excel Commercial Realty is pleased to present 1684 Kalakaua Avenue, a freestanding commercial building offered for sale as an owner-user acquisition or NNN lease investment opportunity in the heart of Honolulu. The property consists of a 2,030 square foot building constructed in 1979, situated on a 7,267 square foot parcel zoned BMX3 (Community Business Mixed Use). The building features a large open-floor-plan area with plumbing and a restroom, plus a separate storage area also equipped with plumbing, well-suited for service businesses, light distribution, retail, or specialty use. The site includes 12 on-site parking stalls, a meaningful amenity for any commercial operator along this corridor. The property is currently leased to One’s Network Hawaii, a rental car operation, providing immediate in-place income for investors seeking a stabilized asset. Positioned along one of Honolulu’s most heavily trafficked corridors, the property benefits from exceptional street exposure with an estimated average daily traffic count of approximately 35,000 vehicles. The Kalakaua Avenue address places the asset within proximity to Waikiki, Ala Moana Center, Don Quijote, Kapiolani Blvd.
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