Active

1175 Hopaka Street

Honolulu HI, 96814

$11,888,000


$1,559.90 per sqft

Active

7,621 sqft

Commercial

Built in 1948

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.

202408954

MLS ID

May 20, 2024

Listed

October 1, 2024

Updated

Map

1175 Hopaka Street
Honolulu HI, 96814

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.18 Acres


Roof

Composition

Other Property Details

Area Name

Metro


Taxes

$44,352


Tax Frequency

Annually


Days on Market

55


Garage

No


Parking

On Street


View

No


County

Oahu


Pool

No


Zoning

Kak – Kakaako Community Development Project

 

Courtesy of Hawaii Real Estate Properties, Ash Tawfik

Listing Contact: (808) 218-0864 

Based on information from the Multiple Listing Service of HI - Honolulu Board of REALTORS® / HiCentral (HBR) listings last updated on 10/1/2024 8:12 PM UTC. Information is deemed reliable but not guaranteed. Copyright: 2024 by the Honolulu Board of REALTORS®/ HICentral. Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require the use of other disclaimers as necessary to protect participants and/or the MLS from liability.

©2024 Honolulu Board of REALTORS®/ HICentral. All rights reserved. 

Data last updated 8:12 PM UTC, 10/1/2024

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