1127 Hopaka - Service FOR SALE
Honolulu, HI 96814 |
1127 Hopaka
Honolulu, HI 96814
HIGHLIGHTS
- GENERATIONAL OPPORTUNITY - PRIME FEE SIMPLE KAKAAKO PARCEL | Fee simple land of this size is rarely available for purchase in a prime infill location
- FAVORABLE ZONING | A TOD designated property which may allow for a 5.0 FAR and possibly further density as may be approved by HCDA
- STRONG IN-PLACE CASH FLOW | 100% leased multi-tenant industrial property in a severely supply constrained market
- FLEXIBLE LEASES | All but one tenant have redevelopment clauses allowing landlord to terminate leases in order to pursue redevelopment of the property
- UPSIDE TO INCREASE NOI WITH FULL RECOVERY OF OPERATING EXPENSES | NNN leases are currently being under-collected
- FINANCEABLE ACQUISITION | Existing in-place cash flow allows investors to obtain favorable financing terms
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Hawaii Trans & Rock Bldg
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Service
ADD'L SUBTYPES
Distribution, Warehouse, Service
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1939
UTILITIES
Water
CLEAR CEILING HT
18 Ft
DOCKS
-
DRIVE INS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
1-2-3-007-069-0000
