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Frequently Asked Questions

What is base rent?
This is the cost per square foot of leased space for which you will be responsible under the terms of a commercial lease.
What is CAM?

CAM is the shorthand way of saying “Common Area Maintenance”. In Hawaii, tenants pay a pro rated share of the building’s costs, expressed as dollars per square foot per month, in addition to their base rent. In most cases, this covers all the expenses the Landlord pays to operate the building including real property taxes, insurance, security, building maintenance and repair, landscape maintenance and repair, parking lot maintenance and repair and the land lease, if there is one. You should read the lease document carefully to determine which charges you’ll be paying before you sign.

Are liquor licenses expensive in Hawaii?
No, they are not expensive and not as difficult to get as they are on the Mainland, but it can take two to six months or longer if you do not follow the correct process.
What is KVDC?

This is Kailua Village Design Commission which is a board of local business people and community people who care about the overall look of the Kailua-Kona village. They are advisory to the County Planning Department and all variances or projects go before this body for recommendations to the Planning Department.

What is a CCIM?
CCIM (Certified Commercial Investment Member) is a highly-valued designation for experienced commercial real estate professionals who have completed all CCIM training courses, submitted a portfolio of qualifying experiences as a Realtor®, and have passed the comprehensive exam. In general, the CCIM designated Broker has a significant commitment to commercial real estate. In addition, he or she has to provide references to verify ethical behavior in the profession. Visit www.CCIM.com for further information.