904 Mokauea street

RARE OPPORTUNITY IN KALIHI

AVAILABLE FOR SALE

 

PROPERTY DETAILS

Located at 904 Mokauea Street in the Kalihi neighborhood of Honolulu, Hawaii. The site is split zoned BMX-3 Community Business Mixed Use (~60%, fronting King Street) and R-5 Residential (~40%, portion of rear parking area) with 200- and 25-foot building height limits, respectively. The property is under a long-term ground lease to FCH Enterprises, Inc. dba Zippy’s for the 55-year period commencing December 1, 1978, and ending November 30, 2033. There are 9 years remaining, with rent fixed through November 30, 2028, with one rent reopening at Fair Market Value for the final 5-year period.

DAVID ASAKURA (B), CCIM

Partner, Broker-in-Charge
(RB-20869)
+1.808.282.0503
dasakura@caahawaii.com

 

Based in Honolulu, Hawaii, Commercial Asset Advisors is the Aloha State’s leading independently-owned commercial real estate firm and was recently awarded brokerage of the year by NAIOP Hawaii. CAA is also Hawaii’s only real estate firm certified by the National Minority Supplier Development Council as a minority business enterprise (MBE).



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