Lease Assignment Opportunity

Highlights:

• Lease Expiration: 11/30/33
• Option to Renew: Yes, additional 10 years
• Current Base Rent: $3.56/sf with 3% annual increases
• CAM: $1.25/sf
• Percentage Rent: No
• New Lease Available for qualified tenants
• Liquor license transfer available

Description:

Introducing a prime second generation opportunity at 3475 Waialae Avenue, Honolulu, HI, 96816. This 1,831 SF space is ideally situated in the bustling neighborhood of Kaimuki, offering an attractive prospect for a Retail / Street Retail concept. With a lease expiration date of 11/30/33 and the option to renew for an additional 10 years, this Lease Assignment opportunity provides stability and potential for long-term returns. Featuring a current base rent of $3.56 per square foot with 3% annual increases and a CAM of $1.25 per square foot, this property offers a long-term opportunity with a new lease available for qualified tenants and the added benefit of a liquor license transfer available.

Located in the Heart of Kaimuki