75-1000 Henry St, KAILUA KONA, HI 96740
- $9,500,000
- 4
- BA
- 33,598
- SqFt
- List Price
- $9,500,000
- Days on Market
- 454
- MLS#
- 719905
- Status
- ACTIVE
- Type
- Commercial
- Half Baths
- 4
- Living Area
- 33,598
- Land Area
- 64,837
- Land Tenure
- Leasehold
- Neighborhood
- Lanihau 1st - Hienaloli 1st
- Subdivision
- Lanihau 1st - Hienaloli 1st
Property Description
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.
Additional Information
- Island
- Big Island
- Utilities
- Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities
- View
- City, Ocean, Sunset
- Lot Size
- 64,837
- Neighborhood
- Lanihau 1st - Hienaloli 1st
- Frontage
- Road/Street
- Year Built
- 1997
- Annual Property Tax
- $89,584
- Zoning
- CG-20
Mortgage Calculator
Listing courtesy of Joel K. LaPinta.
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