We are excited to announce the SALE of a TRULY UNIQUE Fee Simple Industrial Zoned property in the Mapunapuna area, blocks away from the Honolulu International Airport! The property is 100% leased to credit tenants!
Investment Summary
Asking Price: Submit Offer
2012 NOI: $804,000
2024 Projected NOI: $955,909
Replacement Cost Estimate: $16,600,000
Tenure: Fee Simple
Occupancy: 100%
Land Area: 115,747 SF
Total Building Area: 48,270 SF
Building A: (Polynesian Adventure Tours) 27,600 SF
Building B: (Infiniti) 7,410 SF
Building C: (Polynesian Adventure Tours) 13,260 SF
Address: 2880 Kilihau Street, Honolulu, HI
Zoning: I-2 Intensive Industrial District
Investment Highlights
• 100% leased to credit tenants
• Long term guaranteed leases in place
• High traffic counts and commercial density
• Within close proximity of over 89,000 households within a 5-mile radius
Tenant Lease Summary
Polynesian Adventure Tours
Owned and Guaranteed by Norwegian Cruise Lines
Norwegian Cruise Lines has an S&P rating of B+
Lease Expiration: July 31, 2025
Building SF: 40,860 (Buildings A & C)
King Infiniti of Honolulu
Lease Expiration: July 31, 2025
Building SF: 7,410 (Building B)
To download the Brochure and Confidentiality Agreement, please click here.
For more information on the property, please go to www.NNNHonolulu.com