Waipio Business Center - Net Leased Industrial Condo for Sale

94-1388 Moaniani Street Waipahu, Hawaii 96797

  • 1,950 Square Feet
  • Industrial
  • For Sale

Summary Description

Opportunity to purchase a 1,950 square foot fully leased industrial condo in building 4 of the fully occupied Waipio Business Center. This ideally located unit comes with three parking stalls and is leased to Aldo shoes through 3/31/20. This truly triple net lease is a great coupon clipping investment with below market rents and strong demand.

Located in the Waipio industrial submarket, with easy access to the H2 Freeway.

Price: $645,000.00

Building Size: 1950 Square Feet

Area Available: 1,950 Square Feet

TMK Number

(1) 9-4-128-11-90

Tenure

Fee Simple

Features:

  • 3 dedicated parking stalls fronting the unit
  • Net Leased Investment to ALDO Shoes through 3/31/20
  • Great location in the park close to common loading docks
  • 5% CAP rate on current income with scheduled increases
  • Small office that has never been occupied
Related Documents:

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