Listed by Marcus & Millichap - Orange County
$8,000,000
Blue Hawaiian Helicopters
Details
Property Type Special Purpose
Sub Type Airport
Square Footage 460
Cap Rate 7.63%
NOI $610,063
Tenancy Single
Lease Type Absolute NNN
Lease Expiration 06/30/2035
Remaining Term 8.9
Lease Options None
Broker Co-Op Yes
Year Built 1989
Year Renovated 2026
Acreage 13.000
Zoning A-5a
Tenant Credit Corporate Guarantee
Lease Commencement 09/18/1995
Legacy Single-Tenant Investment Opportunity | Rare 13-Acre Fee Simple Property | The Big Island
Investment highlights
LEGACY SINGLE-TENANT INVESTMENT OPPORTUNITY
RARE 13 ACRE FEE SIMPLE PROPERTY IN HIGH BARRIER TO ENTRY MARKET
LONG-TERM PASSIVE CASH FLOWING ASSET (9.25+ YEARS)
ESTABLISHED, BEST-IN-CLASS OPERATOR WITH 30-YEAR SITE HISTORY
EXTREMELY STRONG UNIT LEVEL PERFORMANCE
ADJACENT TO WAIKOLOA BEACH RESORT & HAWAII’S PREMIER LUXURY HOTELS
NEW PROPOSED 3,500 SF HANGAR WITH $3.5–$4 MILLION TENANT CAPITAL COMMITMENT IN RECENT EXTENSION
Listing Contacts
Listed by Marcus & Millichap - Orange County
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$610,063.00
$50,838.58/mo
Valuation Metrics
0
DSCR
7.63%
Cap Rate
7.63%
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Title
Name
License
Brokerage
Title
Brokerage Address
Is there information that looks off?
