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Trinion Center 1731 Kalakaua Ave
1,246 SF of Retail Space Available in Honolulu, HI 96826
Highlights
- Facing heavy traffic Kalakaua Ave.
- Premium includes FF&E
- Perfect layout for Omakase style Sushi or similar restaurant
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor, Ste B | 1,246 SF | 5-10 Years | $96.35 CAD/SF/YR $8.03 CAD/SF/MO $120,054 CAD/YR $10,005 CAD/MO | Triple Net (NNN) |
1st Floor, Ste B
Turn Key Sushi restaurant, or Omakase style cuisine with counter table. Great location near Ala Moana and Waikiki, convenient access, high traffic and visibility from Kalakaua Ave.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 1731 Kalakaua Ave , Honolulu, HI 96826
Property Type | Retail | Year Built | 2017 |
Property Subtype | Freestanding | Parking Ratio | 2.58/1,000 SF |
Gross Leasable Area | 5,416 SF |
Property Type | Retail |
Property Subtype | Freestanding |
Gross Leasable Area | 5,416 SF |
Year Built | 2017 |
Parking Ratio | 2.58/1,000 SF |
About the Property
$200,000 Premium. The building (5,800SQF) is split to 3 tenant spaces (A:560 SQF / leased to Rakuten GORA, B:1246 SQF / former Maru Sushi (Now Vacant), C:3766 SQF / former Minori restaurant), this sale is for space B 1246 SQF with premium $200,000 but leasing contract includes space A and B (560 + 1246 = total 1806 SQF) Tenant A is sub-leased, monthly lease $3972.77. FF&E, AS IS. Two of 5 years Leasing extension available from current lease expire 2026.
- Mezzanine
- Restaurant
Nearby Major Retailers
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Trinion Center | 1731 Kalakaua Ave
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