Mandarin Express · 1150 Fort Street Honolulu HI 96813 · Neighborhood: Downtown · Region: Metro · MLS: 1202054 · TMK: 1-2-1-003-008-0001 & History 

Show all 10 photos. Updated 8/28/2012 11:33:43 PM
Expired. It was offered at $80,000 LH
Location
Prop Type: Business
Bus Type: Restaurant
SIC:
Region: Metro
Neigh: Downtown
Name: Mandarin Express
1150 Fort Street
Unit #NA
Honolulu HI 96813
Area
Lot size sf0
Lot size acres0.000
Floor #1
Financials
Annual
Gross Income:1
Operating Exp:1
Net Op Inc:1
Price Info
List Price:80,000 LH
List Price orig:149,000 LH
Fee Purchase:
Sales Price:0 LH
Concessions:0
Net SP:0 LH
Remarks
Seller:Amazing location servicing HPU and downtown. Check out the amount of foot traffic for yourself during the lunch rush. The restaurant was recently renovated, including a new grease trap in the basement. Other uses possible with Landlord approval. Open M-F 8a-6p, Sat 10a-3p, Sun closed. Approx: Elec $1,000/mo, Gas $650/mo. Water & GET incl. in rent.
Property Features
Amenities
A/C
Exterior Sign
Gas
High Voltage
Private Restroom

Business Type
Restaurant

Construction
Above Ground

Days Open
Six

Disclosures
Licensed Owner

Documents
Furniture, Fixtures, Equipment
Lease Documents
Employees

Frontage
Retail Mall

Hours Open

Inclusions

Land Tenure
LH - Leasehold

Land Recorded
Dual Systems
Lease Type
Triple Net

Lessee Pays
Common Area Maintenance
Insurance
Operating Expenses
Promotion/Advertising
Real Property Tax
Trash Removal
Utilities

Listing Broker
Lau & Associates, LLC

Location
Downtown
In-Line

Ownership
Sole

Parking
None
Possession
Close of Escrow

Sale Conditions

Sold Terms

Stories
One

Terms Offered
Cash

Waste

Zoning
BMX-4 Central Business Mix

More Information
Miscellaneous
Business Established2011
Property Management Company:CTMS, Inc.
Property Management Phone:524-5414
Franchise Fee:0
Lease Info
LandlordGerrell Mgt Ptrs.
LessorBlaisdell Inc
Renegotiation7/31/2020
Lease expires7/31/2020
 
YearRent per month
Current 2013 3,665
Step up 1 2015 4,188
Step up 2 2018 4,450
Real Property Tax 2012
Assessed
Land1
Improvement1
Total2
Yearly
Tax Rates 1
326 Days on MarketKey Dates
Original listing 2/8/2012
List 2/20/2012
Photo 8/28/2012
Modified 2/18/2013
Price Change 8/21/2012
Status Change 1/11/2013
Temporary Withdrawn
Back on Market
Off Market
Withdrawn
Pending
Closed
Representation, Questions & Additional Information
If you are already working with an agent, please contact them directly for more information on this Business listing.
If you would like to work with a pro, contact:
Robin Glass, (R), PB, MBA
Hawaii Home + Commercial LLC
☎ 808-358-1774
glassr@hawaiihome.cc

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