Immaculate and spacious two-story currently leased commercial building with approximately 11,996 sf of ADA compliant interior space and an elevator. Great investment property with True Triple Net long term lease in place with one tenant. Lease includes step up rent schedule correlating to increase in annual CPI Honolulu. Tenant pays all property taxes and maintenance. Current cap rate at approximately 6.39%. Current tenant has long term lease. Located on Ululani Street across from Hilo Police Department, this property is outside the Tsunami Evacuation Area. South facing front entrance provides excellent Feng Shui. Please see the 3D virtual walkthrough of property - all photos of property were taken before property was occupied. This c
Kelly H. Moran, REALTOR, CCIM, CIPS Hilo Brokers, Ltd.