Choi's Garden Center
FOR SALE - FEE SIMPLE
Choi’s Garden Center 1303 Rycroft Street / Honolulu, HI
The Choi’s Garden Center is a two-story building, multi-use, commercial center consisting of approximately 12,767 square feet of land and 6,211 square feet of rental space. Anchored by Choi’s Garden Restaurant and located in the greater Ala Moana area centrally positioned in a densely populated area that is the retail hub of the City of Honolulu. Joseph T. Haas (PB)
PLEASE DO NOT DISTURB TENANTS
Managing Director +1 808 544 1886 [email protected]
Keliikai D. Sing (S)
No subagency offered or intended
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Real Estate Advisor +1 808 544 9526 [email protected] 1440 Kapiolani Boulevard, Suite 1010 Honolulu, HI 96814 Main +1 808 544 1600 Fax +1 808 544 9574 chaneybrooks.com | cushwake.com
FOR SALE - FEE SIMPLE
Choi’s Garden Center 1303 Rycroft Street / Honolulu, HI
12,767 SF Land/6,211 SF Building
Sale Price: $6,000,000
Investment Opportunity
Property Highlights
The Choi’s Garden Center consists of two
TMK
1-2-3-14-6
structures. The 5,800 square feet main building
Size
12,767 SF
has two tenants:
Rentable Area
6,211 SF
•
Choi’s Garden Restaurant building consisting
Tenure
Fee Simple
of 3,800 square feet
Zoning
BMX-3
Electronic Repair Shop consisting of 2,000
Built
square feet.
Apartment Building
1948 (Effective year built - 1965)
Restaurant Building
1957 (Effective year built - 1975)
NOI
$330,000
Tenants
Choi’s Garden Restaurant; Electric Repair Shop
The Choi’s Garden Center generates a
Rent
Net-leased
stabilized annual net opeating income (NOI) of
Height Limit
250 Feet
Density
1.05 FAR
•
The 1,237 second building is a residential apartment building consisting of a 5 bedroom/2 bath unit on the second floor and a 2 bedroom/1 bath unit. Both units have parking below the structure.
approximately $330,000.
FOR SALE - FEE SIMPLE
Choi’s Garden Center 1303 Rycroft Street / Honolulu, HI
Demographic Information: 96814 2015 EstimatedTotal Population....................................18,680 2015 Estimated Median Age...............................................44.5 2015 Estimated Number Households.............................11,759 2015 Estimated Household Size............................................1.9 2013 Estimated Median Household Income.............$66,297
FOR SALE - FEE SIMPLE
Choi’s Garden Center 1303 Rycroft Street / Honolulu, HI
Apar tm Build ent ing
R
El ep ect ai ron rS i ho c p
Choi’s n Garde
Joseph T. Haas (PB)
Managing Director +1 808 544 1886 [email protected]
Keliikai D. Sing (S)
Real Estate Advisor +1 808 544 9526 [email protected]
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
1440 Kapiolani Boulevard, Suite 1010 Honolulu, HI 96814 Main +1 808 544 1600 Fax +1 808 544 9574 chaneybrooks.com | cushwake.com
Choi’s Garden Center 1303 Rycroft Street / Honolulu, HI
The Choi’s Garden Center is a two-story building, multi-use, commercial center consisting of approximately 12,767 square feet of land and 6,211 square feet of rental space. Anchored by Choi’s Garden Restaurant and located in the greater Ala Moana area centrally positioned in a densely populated area that is the retail hub of the City of Honolulu. Joseph T. Haas (PB)
PLEASE DO NOT DISTURB TENANTS
Managing Director +1 808 544 1886 [email protected]
Keliikai D. Sing (S)
No subagency offered or intended
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Real Estate Advisor +1 808 544 9526 [email protected] 1440 Kapiolani Boulevard, Suite 1010 Honolulu, HI 96814 Main +1 808 544 1600 Fax +1 808 544 9574 chaneybrooks.com | cushwake.com
FOR SALE - FEE SIMPLE
Choi’s Garden Center 1303 Rycroft Street / Honolulu, HI
12,767 SF Land/6,211 SF Building
Sale Price: $6,000,000
Investment Opportunity
Property Highlights
The Choi’s Garden Center consists of two
TMK
1-2-3-14-6
structures. The 5,800 square feet main building
Size
12,767 SF
has two tenants:
Rentable Area
6,211 SF
•
Choi’s Garden Restaurant building consisting
Tenure
Fee Simple
of 3,800 square feet
Zoning
BMX-3
Electronic Repair Shop consisting of 2,000
Built
square feet.
Apartment Building
1948 (Effective year built - 1965)
Restaurant Building
1957 (Effective year built - 1975)
NOI
$330,000
Tenants
Choi’s Garden Restaurant; Electric Repair Shop
The Choi’s Garden Center generates a
Rent
Net-leased
stabilized annual net opeating income (NOI) of
Height Limit
250 Feet
Density
1.05 FAR
•
The 1,237 second building is a residential apartment building consisting of a 5 bedroom/2 bath unit on the second floor and a 2 bedroom/1 bath unit. Both units have parking below the structure.
approximately $330,000.
FOR SALE - FEE SIMPLE
Choi’s Garden Center 1303 Rycroft Street / Honolulu, HI
Demographic Information: 96814 2015 EstimatedTotal Population....................................18,680 2015 Estimated Median Age...............................................44.5 2015 Estimated Number Households.............................11,759 2015 Estimated Household Size............................................1.9 2013 Estimated Median Household Income.............$66,297
FOR SALE - FEE SIMPLE
Choi’s Garden Center 1303 Rycroft Street / Honolulu, HI
Apar tm Build ent ing
R
El ep ect ai ron rS i ho c p
Choi’s n Garde
Joseph T. Haas (PB)
Managing Director +1 808 544 1886 [email protected]
Keliikai D. Sing (S)
Real Estate Advisor +1 808 544 9526 [email protected]
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
1440 Kapiolani Boulevard, Suite 1010 Honolulu, HI 96814 Main +1 808 544 1600 Fax +1 808 544 9574 chaneybrooks.com | cushwake.com
