75-1000 HENRY ST #1 Kailua-Kona HI 96740
LANIHAU 1ST - HIENALOLI 1ST
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This is a leasehold property. Thirty-four years remain on the ground lease with known rent for the next thirteen years. The property provides significant cash flow and return on investment while owning a trophy mixed-use office and retail building with the best location in its market area of Kailua-Kona, on the Island of Hawai'i. Planet Fitness, the anchor tenant, occupies the entire first floor with 7 years and 8 months remaining, with three 5-year options and 12% rent increases every 4 years. A strong tenant mix on the 2nd floor, with escrow, legal, business, government, and wealth management services.
| LOCATION INFORMATION | |
|---|---|
District: North Kona |
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| Latitude: 19.64440141 | |
| Frontage: Road/Street | Subdivision: LANIHAU 1ST - HIENALOLI 1ST |
| INTERIOR FEATURES | |
|---|---|
| 1/2 Baths: 4 | |
| EXTERIOR FEATURES | |
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| Zoning: CG-20 | Lot Size in Sq. Ft: 64837 |
| Road Description: County, Major Thoroghfare, Paved, State, Street Lights | |
| Fencing: Chain Link, Stone | |
| Lot Description: A class "A" property offering superior cash flow and ROI. | Lot Number: 1 |
| Security: None | |
| Security: City, Ocean, Sunset |
| FEATURES | |
|---|---|
| Additional Information | |
|---|---|
Tax Key: 375004058 |
Property Type: |
| Year Built: 1997 | |
| Taxes: 89584.76 | |
| Land Tenure: Leasehold |
30 Year Fixed. 3.525% Interest Rate.
| Principal + Interest: | $ |
| Monthly Tax: | $ |
| Monthly Insurance: | $ 157 |
Listed by: Joel K. LaPinta
Seller’s Representative:
Kohanaiki Realty LLC © 2023 Hawaii Information Service. All rights reserved. © 2023 MLS Hawaii, Inc. All rights reserved.
Provided Courtesy of Hawaii Information Service. In this page not only will you see properties represented by Kohala Coast Properties, but also properties represented by other members of Hawaii Information Service. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is updated approximately every two hours. The last update time is shown below.
HIS data last updated at January 30, 2026 9:10 AM HAST
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