Mixed Use

1160 N. King Street

Price

$4,745,000

Locations

Kalihi - Palama

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Overview

Status

Closed

Type

Mixed Use

Purchase Type:

Fee Simple

Year Built

1931, Renovation 2006

Area

17926.0 sq ft

Lot size

0.260123967 acres

Zoning

BMX-3

Fact Sheet

Description

Cushman and Wakefield Chaney Brooks is pleased to present the Salem Media Center for sale as a fee-simple, sale-leaseback opportunity. Salem Media, founded in 1974, is publicly traded on the NASDAQ and will sign a ten-year lease providing an investor with a long-term stable cashflow projection. This two-story office/retail building is conveniently located adjacent to the Kalihi properties of major landowner, Kamehameha Schools, which has plans for a major, master-planned development to compliment the future light rail station.

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