Listed by eXp Commercial
$4,250,000
Net Leased Investment - Industrial
Details
Property Type Industrial
Sub Type Warehouse
Square Footage 9,608
Cap Rate 4.48%
NOI $190,238
Tenancy Single
Lease Type NNN
Price per SqFt $442
Lot Size (SqFt) 6.76
Investment Type Net Lease
Iwilei Business Center
Marketing description
Don’t miss this turn-key Investment opportunity! Fee-Simple Industrial Condominium property in the heart of Honolulu with a brand new 10 Year NNN Lease. With 9,608 sq. ft of building space that includes separate office areas, and 4 parking stalls, this provides a stable income stream for an investor. A&A Motor Werkes has been in business for over 17 years and counting specializing in European automotive repairs. Please do not disturb tenant. Call broker for more details and to schedule tours.
Investment highlights
Single tenant NNN Lease
10 Year Initial Term with annual rent increases
17+ Years in business specializing in European automotive repairs
Listing Contacts
Listed by eXp Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$190,238.00
$15,853.17/mo
Valuation Metrics
0
DSCR
4.48%
Cap Rate
4.48%
ROI
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