Hello all,

I originally posted this in the Real Estate section but there was some confusion so I'm posting again here.

I am selling a Family owned commercial property (shopping center) that is located in downtown Kapaa, Kauai.

Info:


•PositiveCash Flow, with potential to generate significant upside opportunities. CAP RATE: 10.5%(Actual)

•Excellent location, in the center of Historic Downtown Kapaa Kauai, one block from the BEACH. The Property is highly visible and also easily accessible from virtually anywhere on the island.

•High end retail ground floor tenant mix includes; a restaurant, Jewelry Store, Art Gallery featuring Wyland, etc.

•Professional Offices include Architect, Day Spa, Yoga Studio, Hair Salon, etc.

•Central courtyard with natural design waterfall, lush garden, Indian slate floor with a glass roof & Japanese tile tower creating exotic ambiance for retail.

•Outstanding Tenant roster with a solid tenancy history

•19 Rentable spaces and a large courtyard for future development.

•2 deluxe restrooms on each floor

•30 concrete private parking lot

•60 year ground Sub-lease with 57 years remaining

•Approximately 14,478 rentable sq. ft.

•Cement board siding for long durability

•Interior of suites are beautifully finished with mahogany wood, Indian slate & bamboo floors and lots of tasteful leasehold improvements

•Dragon building is the newest & well maintained building in Kapaa, Kauai

•Hands down the most dominant building on the block

Price: $2.8m

If you're interested please PM me or email me: andyzs2k at yahoo.com

Thanks