Honolulu, HI 96814,1175 Hopaka ST
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Honolulu, HI 96814,1175 Hopaka ST
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Listed by Hawaii Real Estate Properties
$ 11,888,000
Est. payment /mo
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1175 Hopaka ST Honolulu, HI 96814


UPDATED:

09/30/2024 04:59 PM

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Kakaako

MLS Listing ID 202408954

Construction Status Updated/Remodeled

Year Built 1948

Annual Tax Amount $44,352

Property Description

Investment Highlights
1. Prime Location: Located in the vibrant and upscale neighborhood of Kaka'ako, Hawaii, known for its high foot traffic and affluent demographics.
2. Diverse Mix: The strip center boasts diversity, providing stability and mitigating risk.
3. Strong Rental Income: Enjoy consistent rental income streams from multiple tenants, contributing to a solid return on investment.
4. Growth Potential: Positioned in a rapidly developing area, the strip center offers potential for future appreciation and increased rental rates.
5. High Visibility: Benefit from excellent visibility and exposure, attracting both local residents and tourists to the center.
6. Favorable Market Dynamics: Hawaii's robust tourism industry and growing population contribute to the sustained demand for retail space in the area.
7. Well-Maintained Property: The strip center is well-maintained, minimizing maintenance costs and ensuring a positive experience.
8. Proximity to Amenities: Close proximity to Ala Moana SC, dining, entertainment, residential developments, and major transportation hubs enhances the attractiveness of the location for tenants and customers alike.

Location

State HI

County Oahu

Community Business Center

Area Metro

Building/Complex Name Pensacola Plaza

Interior

Cooling Separate Meters

Flooring Concrete

Fireplace No

Exterior

Parking Features On Street

Community Features Business Center

Utilities Available Electricity Available, Natural Gas Available, Sewer Connected

Building

Sewer Connected

Construction Status Updated/Remodeled

Others

Tax ID 1-2-3-007-064-0000

Security Features Fire Sprinkler System

Special Listing Condition None


Hawaii Central MLS (HiCentralMLS)

Jesse Damron

Agent | License ID: RS-85581 | RB-24007

+1(808) 797-8881

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1175 Hopaka ST