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21705174
21705175

1010 Kaili St, Honolulu, HI 96819

CUSHMAN & WAKEFIELD | ChaneyBrooks - Honolulu, Hawaii
Cushman & Wakefield ChaneyBrooks
Listed by CUSHMAN & WAKEFIELD | ChaneyBrooks - Honolulu, Hawaii, Cushman & Wakefield ChaneyBrooks
$6,800,000
456 days on market
Updated 59 days ago

1010 Kaili Street

Details
APN (1) 1-3-4: 14
Property Type Industrial, Multifamily (+1)
Sub Type Apartment Building, Grocery Store (+1)
Square Footage 17,753
Year Built 1963
Lot Size (SqFt) 24,760
Zoning BMX-3
Ownership Fee Simple

Investment Opportunity | Leased Fee Interest

Marketing description

Investment highlights

  • Stable Cash Flow from Long Term Ground Lease: The property is backed by a long-term ground lease through April 30, 2052, with Daisy Global Trading Co.

  • Easy-To-Manage NNN Investment: This NNN opportunity requires minimal oversight, as the ground lessee is responsible for most property expenses, including property taxes, insurance, and maintenance.

  • Property Improvements: The site is improved with (i) a 10,688-square-foot supermarket building with warehouse, (ii) a 3,500-square-foot retail building, and (iii) a 1,924-square-foot apartment building.

  • Signalized Corner Lot with Multiple Frontages & Access Points: This 24,760-square-foot corner site features street frontages along N. King, Kaili, and Hani Streets and multiple ingress/egress points from N. King, Kaili, and Hani Streets, facilitating convenient access and visibility.

  • Transit-Oriented Development (TOD) Zone: Situated within the Kalihi Transit-Oriented Development plan area, the property benefits from initiatives aimed at enhancing urban living through improved public transportation, increased walkability, and mixed-use developments.

  • Convenient Access Near Customer Base: The site offers easy access to the H-1 Freeway, ensuring seamless connectivity across Honolulu. Additionally, its proximity to established residential neighborhoods enhances customer traffic and workforce accessibility.

Listing Contacts

CUSHMAN & WAKEFIELD | ChaneyBrooks - Honolulu, Hawaii
Cushman & Wakefield ChaneyBrooks
Listed by CUSHMAN & WAKEFIELD | ChaneyBrooks - Honolulu, Hawaii, Cushman & Wakefield ChaneyBrooks

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