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1126 12th Ave
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1126 12th Ave
10,990 SF 35% Leased Office Building Honolulu, HI 96816 £4,851,281 (£441/SF) 1.96% Net Initial Yield
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INVESTMENT HIGHLIGHTS
- Owner-User or Major Tenant Opportunity with Building Naming Rights
- High Demand, Limited Supply in Kaimuki
- Rare Opportunity - First Time on Market in over 50 Years
- Value-Add Opportunity with Upside Potential
- Prime Location in Highly Desirable Kaimuki Neighborhood
- Convenient Access to Public Parking
EXECUTIVE SUMMARY
Owner-User or Investment Opportunity in Desirable Kaimuki Neighborhood
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
10,990 SF
Building Class
C
Year Built
1962
Price
£4,851,281
Price Per SF
£441
Net Initial Yield
1.96%
NOI
£95,051
Percent Leased
35%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
3,174 SF
Slab to Slab
9 ft
Building FAR
1.94
Lot Size
0.13 AC
Zoning
U/32/30
AMENITIES
- Bus Route
- Restaurant
- Signage
Walk Score®
Walker's Paradise (90)
PROPERTY TAXES
Parcel Number | 1-3-2-006-019-0000 | Improvements Assessment | £559,806 |
Land Assessment | £1,201,288 | Total Assessment | £1,761,094 |
PROPERTY TAXES
Parcel Number
1-3-2-006-019-0000
Land Assessment
£1,201,288
Improvements Assessment
£559,806
Total Assessment
£1,761,094
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1126 12th Ave
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