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MLS: 202408954 (Active - For Sale)
 
Asking Price: $11,888,000 FS - Fee Simple
Type: Commercial
District: Metro
Address: 1175 Hopaka Street, Honolulu, HI
Neighborhood: Kakaako
Beds: 0   Land Area: 8,000 SF
Parking: Street
Amenities: Fire Sprinkler,Office,Private Restroom,Public Restroom
Days on Market: 344
Year Built: 1948
Zoning: Kak – Kakaako Community Developme
Land Recorded: Regular System
Property Taxes: $3,696
Assessed Value: $3,577,200
Assessed Ratio: 332.33%
Listing Courtesy: Hawaii Real Estate Properties
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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.


 
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