Contacts
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Commercial Asset Advisors
Property Details
- Property Type Retail
- Property Size 3,388 SF
- Lot Size 0.3 Acre
- Cap Rate % 4.2
- NOI / YR $158,000.00
- Parking Spaces Avail. 19
- Parking Ratio 5.61 / 1,000 SF
- Year Built 1990
- Date Updated Jan 27, 2025
Located at 904 Mokauea Street in the Kalihi neighborhood of Honolulu, Hawaii. The site is split zoned BMX-3 Community Business Mixed Use (~60%, fronting King Street) and R-5 Residential (~40%, portion of rear parking area) with 200- and 25-foot building height limits, respectively. The property is under a long-term ground lease to FCH Enterprises, Inc. dba Zippy’s for the 55-year period commencing December 1, 1978, and ending November 30, 2033. There are 9 years remaining, with rent fixed through November 30, 2028, with one rent reopening at Fair Market Value for the final 5-year period.
NNN ground lease
Cap Rate: 6.6% (Proforma)
Reach out to the broker for more info on lease terms and amenities
Getting around
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Walk Score ®
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Transit Score ®
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Bike Score ®
Location
- City Honolulu, HI
- Neighborhood Kapalama
- Zip Code 96819
- Market Honolulu
Points of Interest
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Hālawa / Aloha Stadium
4.51 miles
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Kalauao / Pearlridge
5.72 miles
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Waiawa / Pearl Highlands
7.95 miles
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Hālaulani / Leeward Community College
8.17 miles
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Pouhala / Waipahu Transit Center
8.87 miles
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Hō‘ae‘ae / West Loch
9.85 miles
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Aloha Petroleum
0.09 miles
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Hele
0.44 miles
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Texaco
0.76 miles
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76
0.78 miles
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Costco Gasoline
0.94 miles
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ChargePoint
2.59 miles
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Tesla Supercharger
5.40 miles
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King Windward Nissan
6.92 miles
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Kahala Mall
6.98 miles
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Electric Vehicle Charging Station
8.07 miles
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Student Parking Lot 1
0.78 miles
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Student Parking Lot 1C
0.79 miles
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Staff Parking Lot 1A
0.81 miles
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Staff Parking Lot 2
0.84 miles
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Staff Parking Lot 1B
0.85 miles
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Staff Parking Lot
0.92 miles
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Staff Parking Lot 6
0.93 miles
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Staff Parking Lot 4
0.96 miles
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Visitor Parking
0.96 miles
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Staff Parking Lot 3A
1.00 miles
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Ray's Cafe
0.10 miles
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KFC
0.18 miles
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Jack in the Box
0.25 miles
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Mitsu-Ken Okazu and Catering
0.40 miles
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Burger King
0.47 miles
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Meg's Drive Inn
0.47 miles
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Kikuya
0.53 miles
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McDonald's
0.53 miles
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Guieb Cafe
0.54 miles
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Taco Bell
0.55 miles
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H Mart
0.06 miles
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Jimmy's Produce & Filipino Store
0.07 miles
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Marukai
0.49 miles
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Foodland
0.54 miles
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Times Supermarket
0.71 miles
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Palama Supermarket
0.80 miles
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Nimitz Center
0.91 miles
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Ross
1.32 miles
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Nuuanu Shopping Plaza
1.81 miles
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Safeway
1.82 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
![broker]( https://cdn.commercialsearch.com/ILSContent/Images/no_broker_photo_sm.png?width=96)
Commercial Asset Advisors