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Hale'iwa Plantation Shops 66-526 Kamehameha Hwy

3,076 SF 100% Leased Retail Building Haleiwa, HI 96712 $5,850,261 CAD ($1,902 CAD/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
Restaurant
Building Size
3,076 SF
Building Class
C
Year Built/Renovated
1914/2015
Price
$5,850,261 CAD
Price Per SF
$1,902 CAD
Cap Rate
6.04%
NOI
$353,382 CAD
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

PROPERTY TAXES

Parcel Number
1-6-2-007-020-0000
Land Assessment
$2,884,500 CAD
Improvements Assessment
$681,567 CAD
Total Assessment
$3,566,067 CAD
  • Listing ID: 23255326

  • Date on Market: 2021-06-01

  • Last Updated:

  • Address: 66-526 Kamehameha Hwy, Haleiwa, HI 96712

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