FOR SALE OFFICE ATRIUM COURT 75-167 Kalani Street Kailua Kona, HI 96740 PRESENTED BY: GREGORY G. OGIN, CCIM, CPM Managing Director 808.329.6446 gogin@svn.com hi #rb-16053 PROPERTY HIGHLIGHTS Onsite parking Corner lot Well maintained property Convenient location in the center of town In walking distance to the business, retail and visitor centers of Kailua-Kona! All SVN All Sperry Offices Van Independently Ness Offices Independently Owned & Operated. Owned & Operated. The information The information listed listed above above has has been obtained from from sources sources we believe we believe to reliable, to be reliable, however, however, accept we no responsibility accept no responsibility for its correctness. for its correctness.
DISCLAIMER The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase of the property within and is not to be used for any other purpose. This information should not, under any circumstances, be photocopied or disclosed to any third party without the written consent of the SVN Advisor or Property Owner, or used for any purpose whatsoever other than to evaluate the possible purchase of the Property. The only party authorized to represent the Owner in connection with the sale of the Property is the SVN Advisor listed in this proposal, and no other person is authorized by the Owner to provide any information or to make any representations other than contained in this Offering Brochure. If the person receiving these materials does not choose to pursue a purchase of the Property, this Offering Brochure must be returned to the SVN Advisor. Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein, and nothing contained herein is or shall be relied upon as a promise or representation as to the future representation of the Property. This Offering Brochure may include certain statements and estimates with respect to the Property. These Assumptions may or may not be proven to be correct, and there can be no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and all liability for representations or warranties, expressed or implied, contained in or omitted from this Offering Brochure, or any other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled to rely solely on those representations and warranties that may be made to it in any final, fully executed and delivered Real Estate Purchase Agreement between it and Owner. The information contained herein is subject to change without notice and the recipient of these materials shall not look to Owner or the SVN Advisor nor any of their officers, employees, representatives, independent contractors or affiliates, for the accuracy or completeness thereof. Recipients of this Offering Brochure are advised and encouraged to conduct their own comprehensive review and analysis of the Property. This Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property and expressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any time with or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the Offering Brochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed Real Estate Purchase Agreement on terms acceptable to Owner, in Owner s sole discretion. By submitting an offer, a prospective purchaser will be deemed to have acknowledged the foregoing and agreed to release the Owner and the SVN Advisor from any liability with respect thereto. To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchaser should not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate Purchase Agreement shall bind the property and each prospective purchaser proceeds at its own risk. All SVN All Sperry Offices Van Independently Ness Offices Owned Independently & Operated. Owned & Operated. The information The information listed listed above above has been has been obtained obtained from from sources sources we believe we believe to to reliable, be reliable, however, however, accept we accept no responsibility no responsibility for its for correctness. its correctness.
TABLE OF CONTENTS 1. PROPERTY INFORMATION 4 Executive Summary 5 Property Overview 6 2. LOCATION INFORMATION 7 Location Maps 8 Aerial Map 9 Retailer Map 10 3. ADDITIONAL INFORMATION 11 Additional Photos 12 Site Plan 13 Site Plan 14 Demographics Map 15 Advisor Bio & Contact 1 16 Core Covenants 17 Back Page 18 All SVN All Sperry Offices Van Independently Ness Offices Owned Independently & Operated. Owned & Operated. The information The information listed listed above above has been has been obtained obtained from from sources sources we believe we believe to to reliable, be reliable, however, however, accept we accept no responsibility no responsibility for its for correctness. its correctness.
1 PROPERTY INFORMATION All SVN All Sperry Offices Van Independently Ness Offices Owned Independently & Operated. Owned & Operated. The information The information listed listed above above has been has been obtained obtained from from sources sources we believe we believe to to reliable, be reliable, however, however, accept we accept no responsibility no responsibility for its for correctness. its correctness.
Executive Summary SECTION 1 PROPERTY INFORMATION SALE OVERVIEW SALE PRICE: $1,550,000 LOT SIZE: 15,054 SF PROPERTY DESCRIPTION Office building listed for $1,550,000. This is an office building of approximately 7,456 square feet on 15,054 square feet of fee simple land zoned CV-7.5. This property is in a good location with ample onsite parking - 10 covered and 14 regular. BUILDING SIZE: 7,456 SF BUILDING CLASS: B YEAR BUILT: 1990 ZONING: CV-7.5 MARKET: Island Of Hawaii SUB MARKET: West Hawaii CROSS STREETS: Kalani Street & Kalawa Street 5
Property Overview SECTION 1 PROPERTY INFORMATION Physical Description Property Name: Atrium Court Type of Ownership: Fee Simple Property Type: Office APN: 3-7-5-22-43 Lot Size: 0.35 AC Building Size: 7,456 SF Rentable SF: 7,456 Building Class: B Zoning: CV-7.5 Parking Spaces: 24 Parking Ratio: 310:1 Building Frontage: Kalani Street Cross Streets: Kalani Street & Kalawa Street Construction Year Built: 1990 Construction Type: Wood Frame Number of Stories: 2 Average Floor Size: First Floor: 2,437 sf, 2nd Floor: 5,019 sf. Foundation: Cement Parking Type: Asphalt Number of Units: 13 Roof: Wood with Asphalt Coating 6
2 LOCATION INFORMATION All SVN All Sperry Offices Van Independently Ness Offices Owned Independently & Operated. Owned & Operated. The information The information listed listed above above has been has been obtained obtained from from sources sources we believe we believe to to reliable, be reliable, however, however, accept we accept no responsibility no responsibility for its for correctness. its correctness.
SECTION 2 LOCATION INFORMATION Location Maps svnccg.com 8
SECTION 2 LOCATION INFORMATION Aerial Map svnccg.com 9
SECTION 2 LOCATION INFORMATION Retailer Map svnccg.com 10
3 ADDITIONAL INFORMATION All SVN All Sperry Offices Van Independently Ness Offices Owned Independently & Operated. Owned & Operated. The information The information listed listed above above has been has been obtained obtained from from sources sources we believe we believe to to reliable, be reliable, however, however, accept we accept no responsibility no responsibility for its for correctness. its correctness.
SECTION 3 ADDITIONAL INFORMATION Additional Photos 12
SECTION 3 ADDITIONAL INFORMATION Site Plan 13
SECTION 3 ADDITIONAL INFORMATION Site Plan 14
SECTION 3 ADDITIONAL INFORMATION Demographics Map POPULATION 1 MILE 5 MILES 10 MILES TOTAL POPULATION 1,839 18,559 24,075 MEDIAN AGE 44.5 42.6 44.1 MEDIAN AGE (MALE) 43.3 41.9 43.4 MEDIAN AGE (FEMALE) 44.5 42.7 44.3 HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES TOTAL HOUSEHOLDS 695 6,793 9,022 # OF PERSONS PER HH 2.6 2.7 2.7 AVERAGE HH INCOME $70,092 $76,934 $77,109 AVERAGE HOUSE VALUE $529,807 $574,834 $575,591 * Demographic data derived from 2010 US Census 15
Advisor Bio & Contact 1 SECTION 3 ADDITIONAL INFORMATION Gregory G. Ogin, CCIM, CPM Managing Director SVN Clark Commercial Group EXPERIENCE PRESIDENT CLARK COMMERCIAL GROUP 1996 - PRESENT Brought the division from three buildings in Kailua-Kona to over 700,000 square feet on the island of Hawaii. OWNER KONA KOHALA COMMERCIAL 1992-1996 Small independent commercial real estate firm. Started as a division of Gerry Rott and Associates. Memberships & Affiliations CCIM, CPM, HI #RB-16053 Phone: 808.329.6446 Fax: 808.329.8102 Cell: 808.987.6446 DEPUTY MANAGING DIRECTOR COUNTY OF HAWAII 1990-1992 Appointed by the mayor to be in charge of County operations in West Hawaii. GROUP MANAGER LIBERTY HOUSE OF HAWAII ISLAND OF HAWAII 1981-1990 Supervised and managed five resort stores plus one 10,000 square foot resort department store. EDUCATION UNIVERSITY OF HAWAII, ISLAND OF OAHU, HI NORTH HENNEPIN COMMUNITY COLLEGE, BROOKLYN PARK, MN Email: gogin@svn.com Address: 75-5722 Kuakini Highway Suite 214 Kailua Kona, HI 96740 LEADERSHIP Chair, Kona Community Development Plan Chair, Hokulia Parks and Cultural Services Association Board Member, Lai Opua 2020 Past President, Kauai Road Runners March of Dimes Director, Island of Kauai, HI Jaycees, Island of Kauai, HI President, Amfac Community Council President, Rotary Club, Kailua-Kona, HI President, Kona Kohala Chamber of Commerce Chair, Kailua Village Improvement Plan Board Member and past Chair, Kona Family YMCA Board Member, Hawaii Disciplinary Board (Hawaii BAR) Board Member, Hawaii Island United Way Founding President, Children s Advocacy Center 16
Core Covenants SECTION 3 ADDITIONAL INFORMATION To create and nurture a positive working environment and perform as a team member with accountability, responsibility and authority, every Sperry Van Ness Affiliate Advisor agrees to lead and live by the following Core Covenants in everything they do with Sperry Van Ness: 1 2 3 4 5 6 7 8 9 10 I PLACE MY CLIENT S INTEREST ABOVE MY OWN AND PROACTIVELY COOPERATE WITH ALL BROKERS AND AGENTS. I SHOW RESPECT AND SUPPORT TO ALL. I EPITOMIZE THE FIRST-CLASS REPUTATION AND IMAGE OF SPERRY VAN NESS. I VALUE THE IMPORTANCE OF PHYSICAL AND MENTAL HEALTH, AND INVOLVEMENT WITHIN MY COMMUNITY IN THE SUPPORT OF A BALANCED AND SUCCESSFUL CAREER. I QUICKLY RESOLVE CONFLICTS POSITIVELY AND EFFECTIVELY. I AM INDIVIDUALLY RESPONSIBLE FOR ACHIEVING MY OWN POTENTIAL. I HONOR MY COMMITMENTS. I DOMINATE MY MARKET AREA AND PROMOTE MY SPECIALTY WITHIN THE FIRM. MY THOUGHTS, ACTIONS AND ENERGIES ARE FOCUSED ON THE POSITIVE AND THE POSSIBLE. CREATE AMAZING BENEFITS FOR MY CLIENTS, COLLEAGUES, AND COMMUNITY. 17
PRESENTED BY: GREGORY G. OGIN, CCIM, CPM Managing Director 808.329.6446 gogin@svn.com HI #RB-16053 All SVN Offices Independently Owned & Operated 2014 All Right Reserved www.svn.com