Starbucks

100 Maalaea Road, Wailuku, HI

$4,590,000

Price

4.25%

Cap Rate

$195,000

NOI

Overview
Cap Rate
4.25%
NOI
$195,000
Building Size
2,200 sqft
Lot Area
19,079 sqft
Occupancy
100%
Lease Type
Double Net
Year Built
2024
Price Per Sqft
$88.64
Tenancy
Single
Parking Spots
199
Description

This built-to-suit Starbucks is on a brand new, 10 year lease with 10% increases every 5 years and four, 5-year options. The subject property is located in West Maui along Hawaii Route 30 (50,025 VPD) and adjacent to the Maui Ocean Center, which welcomes over 440K visitors each year.

GREG SHEEHAN
COMMERCIAL PROPERTIES
OF MAUI LLC
gsheehan@mauibiz.com
PH: 808.244.2200
HI LIC #HI - RB-21591

In Association with
Commercial Properties of Maui LLC
PH: 808.244.2200
A Licensed Hawaii Broker
#HI - RB-17102

Highlights
  • 2024 build-to-suit construction corporate Starbucks located in South Maui
  • Brand-new 10-year NN lease
  • Passive investment with the tenant responsible for all day-to-day maintenance of the premises
  • 10% rental increases every 5 years and four, 5-year options to renew after the expiration of the base term
  • Starbucks is adjacent to the Maui Ocean Center, a state-of-the-art marine park which attracts approximately 440,000 visitors per year
  • Starbucks is adjacent to the Maui Ocean Center, a state-of-the-art marine park which attracts approximately 440,000 visitors per year
Documents
Title
Starbucks_Maui.pdf
* Documents permissions are set by the listing owner, request information to access locked documents.

Location
Gallery