Market City Shopping Center - Leasing Information

CONTACT INFORMATION
Marvin A. Fong (B)
Sandra Au Fong (R)
Phone: (808) 734-0282
Fax: (808) 732-5645

Marvin Fong: marvin@marketcityhawaii.com

Sandy Fong: sandy@marketcityhawaii.com

Courtesy to Outside Brokers


				Marvin Fong (B) Serves as President and Chief Operating Officer of the corporation. Serves as Property Manager since 1984 Expansive experience in law, real estate, and banking Focuses on acquisitions, sales, finance, insurance and development

				Sandra Au Fong (R) Senior Vice President of the Corporation and Secretary Real Estate broker for more than 20 years, (Stark Realty and Monroe & Friedlander Commercial Leasing Agents and Brokers) and extensive marketing experience Instrumental in renovations, expansion and leasing of Market City Shopping Center Key figure in the restoration and leasing of The Historic Kress Building Brought the Kress Cinimas to Downtown Hilo

2919 Kapiolani Boulevard
Honolulu, Hawaii 96826-3503
Phone: (808) 734-0282
Fax: (808) 732-5645

Market City Shopping Center is centrally located on Kapiolani Boulevard between Kaimuki and Harding Avenues. It has 20 to 25 retail stores and offices on 3.5 acres of fee simple land. Anchor tenants are Foodland Super Market, Fun Factory and Ben Franklin Crafts.

Space for Lease

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• UPPER MALL RENT: $4.50 psf/mo vs. Percentage Rent at 7%

• ANNUAL INCREASE: 5%

• COMMOM AREA MAINTENANCE FEE: $1.03 psf/mo. (estimated)
when A/C and electricity are not included.

• ADVERTISING FEE: $0.30 psf/mo.

• MULTICEPTOR FEE: Shared by tenants. Fee to be determined.

• TERM: 5 year lease with 1+(5) year option.

• PLUS GET TAX: 4.712%

• TERMS NEGOTIABLE.

3131 West 11th Avenue
Eugene, Oregon 97402

(currently not available at this time)

As the second largest city in Oregon, Eugene's diverse retail sector draws shoppers from the eight county regions of the Southern Willamette Valley. In 1989, over $2 billion in retail sales were documented, and since then, sales have continued to rise. Two major retail malls serve the Eugene area, the Valley River Center, which consists of 5 department stores and over 150 retail shops, and Gateway Mall, with 3 department stores and several retail shops.

	• Purchased December 30, 1998 • Located in Eugene, Oregon • 100% occupied • 41,920 sq. ft. rentable space • 3.78 acres • Prime location. Fronts West 11th Avenue, the major east-west thoroughfare • Is the second largest metro area in Oregon • 29 tenants • Key tenants: Radio Shack and Payless Shoe Source