1-Acre Development Project 66-239 A KAMEHAMEHA HWY, HALEIWA 96712 SITE INFORMATION

This parcel of land is theLARGEST UNDEVELOPED BUSINESS PLOT on the . It boasts 150 feet of prime Kamehameha Highway frontage. Located across from the busiest shopping center on North Shore, amidst the the bustling tourist mecca: Historic Haleiwa Town. It has a stable in-place income. There are approximately 10,000 vehicles passing by each day. Additional neighboring parcels potentially available. • TMK No: 1-6-6-9-27 • NOI: $200,000 (under-market yet stable) • Land Area: 41,992 sf • Tenure: Fee Simple • Frontage: 150 sf • RPT: $30,037/yr. • Zoning: B-1 (Business) • Area: $261.95/sf SITE DOWNTOWN HALEIWA Business Opportunity Haleiwa is the economic hub of the North Shore. Large numbers of tourists come to Haleiwa to enjoy the restaurants and shops that the town has to offer.

Surf Culture Haleiwa is known as the surf capital of the world. Haleiwa hosts the Vans Triple Crown of , which is one of the largest surf competitions in the world. History Haleiwa has a rich history that dates back to the 1900’s. The town was originally centered around a sugar plantation. To preserve its history, Haleiwa architecture has tried to stay true to its roots in design in early sugar industry styles. DOWNTOWN HALEIWA COMPS 1. SOLD: Bishop Bank Building 66-030 Kam. Hwy, Haleiwa $2,000,000 (sold 3-7-17) 7,322 sf (B-1 zone) $273.15/sf Office/Agent: Newmark Grubb CBI (Scott Eden) 2. SOLD: Kawamata Gas Station 66-532 Kam. Hwy, Haleiwa $1,950,000 (sold 10-4-17) 12,047 sf (B-1 zone) Former operating gas/service station with 2 existing U.S.T.’s still on site (underground) $161.87/sf Office/Agent: Newmark Grubb CBI (Scott Eden) 1. ACTIVE FOR SALE: 1-Acre Development Parcel 66-239 Kam. Hwy, Haleiwa $11,000,000 (not active yet) 41,992 sf (B-1 zone) $261.95/sf Office/Agent: Newmark Grubb CBI 2. ACTIVE FOR SALE: Strong Current (Vacant Retail Building) 66-214 Kam. Hwy, Haleiwa $3,750,000 (Active as of 11-22-17) 14,937 sf (B-1 zone) $251.05/sf 3. ACTIVE FOR SALE: Chun’s Store (Vacant Retail Building) 66-412 Haleiwa Rd., Haleiwa $3,995,000 16,262 sf (B-2 zone) $245.66/sfa Th e North Shore Marketplace is “ground zero” for Haleiwa - because it has the most successful restaurant - Cholo’s, the best parking, and the best “walk around this shopping center” vibe. Th e North Shore Marketplace off ers a variety of shops that specialize in jewelry, art, and home decor. and home decor. Th ere are many options for food at the North Shore Marketplace along with a number of shops and galleries.

NORTH SHORE MARKETPLACE North Shore Marketplace is the commercial hub of the North Shore with its most successful restaurant - CHOLO’s, prime parking, and amazing shopping center. North Shore Marketplace o� ers a variety of shopping and dining options alongside its impressive galleries.

• Aloha General Store • Cholo’s Homestyle Mexican • Patagonia • Tini Manini • Adams and Co • Coff ee Gallery • Polynesian Treasures • Twelve Tribes • Banzai Sushi • I Am Paradise • Red Dirt Shirts • (WSL) • Barnfi eld Performance/Raging Isle • IL Gelato Hawaii • Silver Moon Emporium • Wyland Galleries • Brazilian Showroom • Kono’s • Sterman Realty • Breakers Restaurant • North Shore Boardriders • Team Real Estate CONTACT US

Scott Eden Ka’ala Shea Sr. Investment Advisor Sales, Leasing & Investments C 808-722-1168 C 808-372-1188 [email protected] [email protected] RS-71206 RS-77820

1712 South King Street, Suite 201, Honolulu, HI 96826