Standard Commercial is pleased to present the rare opportunity to acquire the fee simple interest in the Liliha Professional Building , a multi-tenant medical office building in a prime location in urban Honolulu, Hawaii. The Property consists of 36,603 square feet of gross leasable area which is currently 66% leased by seventeen tenants, and features ample parking with a total of 194 stalls. The offering presents a value-add investor with a great opportunity to acquire one of the few outpatient medical office buildings in urban Honolulu, with stable in-place cash flow and exception upside from increasing occupancy or completing a condominium conversion to fee simple medical office condos. Alternatively, an owner-user could occupy the vacant spaces and collect income from the tenants.
Courtesy of: Standard Management LLC Based on information from the Multiple Listing Service of the Honolulu Board of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use and cannot be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2021 by the Honolulu Board of REALTORS. Updated: 1st August, 2021 6:26 AM