Kona Single Tenant Industrial Net Lease > For Sale

73-5580 Kauhola Street Kailua Kona, Hawaii 96740

  • 87,442 Square Feet
  • Industrial Land
  • For Sale

Summary Description

The property consists of 2.0074 acres of land and roughly 37,745 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 situated at 73-5580 Kauhola Street in Kaloko Light Industrial Park in Kona and is in a high traffic area. The location is close to the airport and downtown Kailua-Kona and home to a combination of mixed use businesses, big box retailers, distribution centers and light industrial users.

Price: $5,725,000.00

Lot Size: 87442 Square Feet

Building Size: 37745 Square Feet

Area Available: 87,442 Square Feet

Tenure

Fee Simple

TMK

(3) 7-3-51: parcel 32

Lease Expiration

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

Current NOI (2017)

$355,108

Features:

  • Single tenant operating the largest building supply and distribution business in the Hawaiian Islands
  • Full triple net lease
  • 2% annual base rent increases
Related Documents:

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