0.29 Acres of Commercial Land for Sale in Kailua, Hawaii

Prime commercial opportunity in the heart of Kailua Kona. Ideally situated on Hualalai Road and Queen Kaahumanu Highway one of Kona's busiest highways, the property enjoys excellent exposure to vehicular traffic.This property is 12,432 square feet of fee simple land with a 4,839 square feet building. all offices on the ocean side of the building have unobstructed ocean views, central air conditioning, fire sprinklers, and well-maintained landscaping.Facility:Reception area12 offices8 cubiclesLunchroom with ocean view4 bathroom facilitiesWrap around deck on the second floorElevatorLab facilitiesConference roomThere is a parking area that provides for fourteen (14) parking stalls (including 5 handicap stalls) on the property. The current tenant leases an additional 25 spaces from the adjoining property.The current tenant is at a 6% cap rate. The current lease expires 12/31/2024.