LANIHAU 1ST - HIENALOLI 1ST · Kailua-Kona
75-1000 HENRY ST, KAILUA-KONA, HI 96740
$9,500,000
0BR · 4BA · 33,598 sqft
Property details
- Beds / baths
- 0BR · 4BA
- Living area
- 33,598 sqft
- Price / sqft
- $283/sqft
- HOA
- —
- Days on market
- 422 days
- Year built
- 1997
- Property type
- Commercial Sale · Office,Retail
- Ownership
- Full
- Land tenure
- Leasehold
- MLS #
- 719905
- Status
- Active
- Location
- View on Google Maps
About this listing
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.
Listing courtesy of Joel K. LaPinta
Source: MLS Hawaii
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