$9,500,000
( )
$50,998 est/mo Sourced by Back At You75-1000 Henry St,Kailua-Kona, HI 96740
Kailua-Kona, HI 96740
SE Corner of Queen Ka'ahumanu Hwy. (State Hwy. 11) and Henry Street.
Building Entrance
Henry Street Side of Building.
Sculpture at the entrance from Henry Street.
The sale includes the sculpture.
Second Floor Lobby Area
Second Floor Hallway
Second Floor
Looking Northeast Towards Walmart
Looking Northwest Towards Safeway and Kailua Bay
Looking Southeast Towards Lowe's
Looking Southwest
Description
This is a leasehold property. Thirty-four years remain on the ground lease with known rent for the next thirteen years. The property provides significant cash flow and return on investment while owning a trophy mixed-use office and retail building with the best location in its market area of Kailua-Kona, on the Island of Hawai'i. Planet Fitness, the anchor tenant, occupies the entire first floor with 7 years and 8 months remaining, with three 5-year options and 12% rent increases every 4 years. A strong tenant mix on the 2nd floor, with escrow, legal, business, government, and wealth management services.
Details
| MLS # | 719905 |
|---|---|
| Listing Type | For Sale |
| Style | Office,retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1997 |
| Days On Site | 478 |
| Listing Provided By | Joel K. LaPinta | Joel K. LaPinta |
Features
| Bath(s) | 4 Total |
|---|---|
| SQ Feet | 33,598 |
| Units | 1 |
| Zoning | CG-20 |
| Acreage | 1.49 |
| Property View | City, Ocean, Sunset |
Taxes
| Property | 89584 |
|---|
Area Information
| State | HI |
|---|---|
| City | Kailua-Kona |
| Zip Code | 96740 |
| Area | Big Island |
| Community Name | LANIHAU 1ST HIENALOLI 1ST |
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Contact
Learn More About This Property
| State | HI |
|---|---|
| City | Kailua-Kona |
| Zip Code | 96740 |
| Area | Big Island |
| Community Name | LANIHAU 1ST HIENALOLI 1ST |
Listing Updated: July 1, 2026 at 8:13:35 AM PDT