Description
This spacious office unit in The Hilo Lagoon Center is conveniently located in downtown Hilo. Located on the ground floor, the windows open to the beautiful water garden as well as Wailoa State Park. The long-time tenant is a department of the State of Hawaii. The current lease is expires in June 2026. The rent rate schedule currently shows $971.52/month until 06/30/2024. In addition to the rent, the tenant pays the monthly CAM fees and fees for 2 parking stalls. The CAM includes electricity, basic cable, water, sewer, air conditioning, trash pick-up, and maintenance of the grounds and common areas. BUYER BONUS - Due to the lessee being the State of Hawaii, the property tax is waived! Per the tax dept, the 2023 tax would be $1,906. Buyer to confirm with the County of Hawaii Tax Dept.
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0BEDS
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0.02ACRES
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0BATHS
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01/2 BATHS
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755SQFT
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$331$/SQFT
School Ratings & Info
Description
This spacious office unit in The Hilo Lagoon Center is conveniently located in downtown Hilo. Located on the ground floor, the windows open to the beautiful water garden as well as Wailoa State Park. The long-time tenant is a department of the State of Hawaii. The current lease is expires in June 2026. The rent rate schedule currently shows $971.52/month until 06/30/2024. In addition to the rent, the tenant pays the monthly CAM fees and fees for 2 parking stalls. The CAM includes electricity, basic cable, water, sewer, air conditioning, trash pick-up, and maintenance of the grounds and common areas. BUYER BONUS - Due to the lessee being the State of Hawaii, the property tax is waived! Per the tax dept, the 2023 tax would be $1,906. Buyer to confirm with the County of Hawaii Tax Dept.
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