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4504 Kukui St, Kapaa: MLS#613797

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Property Overview


Pricing $5,240,000.00
Cap Rate 6.3%

* With the new tax bill there are major benefits for the landlord
* POSITIVE CASH FLOW, with potential to generate significant upside opportunities. With mix use zoning excellent opportunity for redevelopment
* Outstanding Tenant roster with a solid tenancy history.
* High end retail ground floor tenant mix includes: Sushi Bushido and Bar, Aloha Images (art gallery), etc.
* Professional Offices
* Excellent location, in the center of Historic Downtown Kapa'a Kauai, one block from the BEACH. The Property is highly visible and easily accessible from anywhere on the island.
* Central courtyard, Indian slate floor with a glass roof & Japanese tile tower creating exotic ambiance for retail.
* 2 deluxe restrooms on each floor.
* Cement board siding for longevity.
* 20 rentable spaces and a large courtyard for future development.
* 30 space concrete private parking lot in rear and 12 diagonal parking slots in front.
* Approximately 14,478 rentable square feet.

Additional Features

Car Storage Covered,Other (remarks)
Land Tenure Leasehold
Terms Accept 1031 Exchange,Cash,Conventional
Waste Disposal Sewer-Connected
Inclusions None
Copyright © 2009 MLS Hawaii, Inc. All rights reserved. Listing information above provided by Hawaii Information Service, a Multiple Listing Service. This information is deemed reliable but is not guaranteed. Information was last updated: 2018-12-11