Maui Single Tenant Industrial Net Lease > For Sale

250 Lalo Street Kahului, Hawaii 96732

  • 86,684 Square Feet
  • Industrial Land
  • For Sale

Summary Description

The property consists of 1.99 acres of land and roughly 18,400 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 on Lalo Street in Kahului' s industrial district and adjacent to the areas' residential and retail communities. The site is ideally located minutes from Kahului Airport and Kahului Harbor.

Price: $6,750,000.00

Lot Size: 86684 Square Feet

Building Size: 18396 Square Feet

Area Available: 86,684 Square Feet

Tenure

Fee Simple

Lease Expiration

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

Current NOI (2017)

$413,955

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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