580 Kilauea Ave - Fast Food FOR SALE


Hilo, HI 96720
$1,650,000 USD
808-469-4337
580 Kilauea Ave, Hilo, HI for Sale
$1,650,000 USD
Fast Food - FOR SALE
1/8
null | Request Cap Rate

580 Kilauea Ave
Hilo, HI 96720


HIGHLIGHTS

  • The Hilo market yields some of the highest Hawaii per store sales volumes for many retail outlets.
  • Benefits to Investors for Opportunity Zone Programs: temporary tax deferral, step-up in basis/permanent exclusion from taxable income of capital gain
  • 23,482 SF Land
  • 1,852 SF Building
  • Negotiable Term

OVERVIEW

Free standing facilities, with drive thru on a signalized intersection are in short supply in the Hawaii market. Site includes approximately 20 parking stalls and a large grassy area for tenants use. 580 Kilauea avenue is an excellent opportunity to locate in the downtown Hilo market. This sub market historically offers few alternatives for this type of location. Across the street from county offices and longs/cvs, and on the intersection to access Mamalahoa highway and the historic downtown area. The Hilo market yields some of the highest Hawaii per store sales volumes for many retail outlets. Limited availability equates to limited competition. Today’s consumer is drawn to convenience, which this site offers. Take advantage of the opportunity.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$891 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Burger King

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

CG

APN/PARCEL ID

3-2-2-016-013-0000,3-2-2-016-014-0000,3-2-2-016-015-0000,3-2-2-016-024-0000

ASK ABOUT THIS PROPERTY

Chris YarisThe Beall CorporationMore Info
808-469-4337

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Chris YarisThe Beall CorporationMore Info
808-469-4337

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.