Orita Building
Retail | 10,165 SF
Marketing description
Cushman and Wakefield Chaney Brooks is pleased to present the famous Orita Building for a fee-simple sale. The property includes two commercial buildings connected in the center by a walkway. This community business-zoned (B-2) parcel enjoys almost 151 linear feet of frontage along Farrington Highway providing easy access and premium visibility to all of its tenants. Currently occupied by Pearl Hawaii FCU in one building and largely vacant in the other, the Orita Building gives owner-users the opportunity to occupy or redevelop one building while collecting rent on the other or investors the option of filling the two-story building to maximize cashflow with synergistic tenants of their choice.
Investment highlights
Upside for Owner Users or Investors
The owner has decided to leave the two-story building largely vacant to maximize flexibility for the future owner. A Buyer can either occupy and enjoy the visibility and property access or lease up the vacancy and enjoy stable cashflow, or do both.
Large Frontage
The parcels boast approximately 151 lineal feet of highway frontage.
Abundant parking
The property features a large parking area fronting Farrington Highway and a secondary parking lot in the rear of the property.
Large land parcel
The 24,508 SF of land gives one an opportunity to develop.
Two curb cuts
The property features two curb cuts efficiently managing traffic circulation.
West Oahu location
Prime business zoning located along Farrington Highway in Waianae, Oahu.
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