Honolulu Single Tenant Industrial Net Lease > For Sale

91-151 Malakole Street Kapolei, Hawaii 96707

  • 323,651 Square Feet
  • Industrial Land
  • For Sale

Summary Description

The property consists of 7.43 acres of land and roughly 50,000 square feet of improvements, including customer showroom, administration offices and warehouse/yard for the building supply business, which is the sole tenant. (Fee Simple).

The property is located in James Campbell Industrial Park at the intersection of Malakole Street and Oihana Street in Kapolei. The property has direct access to all major freeways and highways and is located minutes away from Kalaeloa Barbers Point Harbor, as well as the City of Kapolei.

Price: $12,775,000.00

Lot Size: 323651 Square Feet

Building Size: 50109 Square Feet

Area Available: 323,651 Square Feet

TMK

(1) 9-1-32: parcels 60, 61, 62

Lease Expiration

11/30/2029 with two 5-year options to extend

Current NOI (2017)

$792,227.16

Features:

  • Single tenant operating the largest building supply and distribution business in the Hawaiian Islands
  • Full triple net lease
  • 3% annual base rent increases
Related Documents:

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