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Property Details for Listing # 201825258
 
 
 
 
Price: $5,000,000
91-1049 & 1051 Enterprise Avenue
Kapolei, HI 96707
County: Oahu
Sq. Feet: 28500
Type: Commercial, Industrial
 
 
 
 
 
 
 
 
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Property Description:
 
 
 
 
FEE SIMPLE, 100% LEASED GROCERY STORE, WAREHOUSE, AND YARD SPACE AT 5.8% IN-PLACE CAP RATE AND PROFORMA 8% YEAR 3 CAP RATE! The offering represents an incredible value-add opportunity for an investor or owner-user to acquire a 100% leased, fee simple, mixed-use retail and industrial property in Kalaeloa, Kapolei. The 28,500 square foot grocery store and warehouse spaces are leased at below-market rents to Tamura Enterprises, Inc., a successful Hawaii-based grocery, fine wine and liquor store with eight locations throughout Hawaii. The is an additional 49,121 square feet of paved and fenced yard space which is leased to an industrial tenant and also represents an excellent development opportunity. Several developments slated in the new few years in Kalaeloa which are expected to result in a significant increase in the number of residents in the area. The property has easy access to several business and industrial areas as well as the H-1 freeway.

 
 
 
 
OVERVIEW:
 
 
 
 
Property Type:Commercial/Industrial
Listing Status:Active
Area:Ewaplain
Neighborhood:AG/INDL/NAVY
Construction:Metal Frame
Year Built:1944
Square Feet:28500
Acres:3.00
Lot Size/Area:165920.00
Property Frontage:Main Street
Parking Features:On Site
Utilities:Large Water Meter, Light Electricity
 
 
 
 
FEATURES:
 
 
 
 
Flooring:Concrete
 
 
 
 
FINANCIAL:
 
 
 
 
Listing Price:$5,000,000
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Based on information from the Multiple Listing Service of Honolulu Board of REALTORS® listings last updated on 02/21/2019 9:35:53 AM.

 

Information is deemed reliable but not guaranteed.  Copyright: 2019 by Honolulu Board of REALTORS®.  Some of the active listings appearing on this site may be listed by other REALTORS®. 

 

If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.

 

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.  The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability.

     For additional information, contact Michael Hege Phone: (808) 664-0299
Mobile Phone: (808) 225-3660
    Request a Showing    Inquire about this Listing

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HBR - Honolulu, HI IDX service by WolfNet Technologies, LLC© 2019 Terms of Use

Based on information from the Multiple Listing Service of Honolulu Board of REALTORS® listings last updated on 04/20/2013 10:15:29 AM.

 

Information is deemed reliable but not guaranteed.  Copyright: 2013 by Honolulu Board of REALTORS®.  Some of the active listings appearing on this site may be listed by other REALTORS®. 

 

If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.

 

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.  The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability.