Halekuai Center Kaploei, HI
Property Details
Price
$15,000,000
Building Size
33,162 SF
Property Details
Strip Center
Total Lot Size
1.9972451790634 Acres
Year Built
2001
Description

Halekuai Center is located at 563-565 Farrington Highway in the city of Kapolei, HawaiI. Built in the year 2001, Halekuai Center is based in an affluent retail trade area with high-income residents and is in close proximity to national tenants such as Walmart, Costco, Home Depot, and Target. Halekuai Center is a two-story, 4-star retail center sprawling over 33,162 square feet just opposite of the Kapolei Shopping Center and Kapolei Marketplace anchored by Safeway Supermarket, all creating strong co-tenant synergy.

Highlights
2023 Projected Net Operating Income: $1,244,997
2023 Projected Cash on Cash Return: 10.20%
2023 Projected Cap Rate: 8.44%
$9.7+MM in competitive assumable financing
Interest Rate at 4.82%
2 years remaining on term, loan expiration August 2025
.25% assumption fee
High quality, well-maintained construction
Excellent “First and Main” location
Located on major bus line with frequent stops
Close proximity to national tenants
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Brokers
Skip Rotticci, CCIM
Broker
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