• Current NNN rent: $158,800 (4.2% cap rate) • 2028 NNN rent: $251,000 (appraiser proforma) (6.6% cap rate) • Land: 13,161 SF • Building: 3,388 SF (1990 construction) • Rare opportunity to purchase the fee simple interest in a single tenant net leased prime retail property in the busy N. King Street corridor, presently leased to Zippy’s through 2033. • The ground lease is absolute triple net (NNN) with no landlord obligations, a rarely available purely passive income investment, ideal for a 1031 exchange. • The corporate tenant (not franchisee), Zippy’s, is a well-known local favorite eatery. Founded in 1966, it has become a famous Hawaii institution, growing to 23 locations on Oahu, Maui, Hawaii Island and now recently expanded to Las Vegas. • The property has ample parking (19 stalls) and is located at a high-visibility, signalized double corner on a major Honolulu thoroughfare.