5.27 Acres
This is a BUSINESS ASSET SALE to include assignment of current lease to September 30, 2027, subject to Landlord approval. Fully built out restaurant fronts facing both South Kihei Road and Azeka Makai parking lot. Lease includes two 5 year options in addition to current term. OFFERING SUMMARY: Asking Price: $165,000.00 / Current Lease Rate: $4.50 / OPEX $1.41 / Percentage Rent 7.5% / Available SF: 1,639 SF
Facts & Features
MLS® #
401279
Price
$165,000
Bathrooms
0.00
Acres
5.27
CPR Land Acres
0.00
Type
Commercial Sale
Sub-Type
Commercial-For Sale
Land Tenure
Fee Simple
Status
Active
Community Information
Address
1280 S Kihei Rd
Area
Kihei
Building Name
Azeka Makai
State
HI
Zip Code
96753
Amenities
View
Mountain(s)
Is Waterfront
No
Waterfront
None
Has Pool
No
Ohana
Baths
0.00
Additional Information
Date Listed
February 22nd, 2024
Days on Market
67
Short Sale
No
RE / Bank Owned
No
Description Land Tenure
Fee Simple
Listing Details
Office
Commercial Prop of Maui LLC
Listings provided courtesy of the REALTORS® Association of Maui.
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