4306 Aalona St - Warehouse FOR SALE


Kilauea, HI 96754
$5,000,000 USD
808-634-3868
4306 Aalona St, Kilauea, HI for Sale
$5,000,000 USD
Warehouse - FOR SALE
1/4
null | 4.15% Cap Rate

4306 Aalona St
Kilauea, HI 96754


HIGHLIGHTS

  • Fee simple acquisition of both the self-storage business and underlying real estate.
  • Approximately 22,000 SF of improvements on 29,518 SF of land zoned R-6.
  • Established North Shore location with decades of operating history and strong community presence.
  • Immediate cash flow with opportunities to enhance revenue through technology upgrades, rent growth, and operational efficiencies.
  • Accessible from Kuhio Highway with service to surrounding communities.
  • Three-level steel warehouse and separate storage building on site.

OVERVIEW

Kilauea Mini Storage presents the opportunity to acquire an established self-storage operation together with the underlying fee simple real estate in Kilauea, one of the principal commercial and service centers on Kauai's North Shore. The offering includes a long-standing storage business operating from a centrally located property with convenient access to Kuhio Highway, providing connectivity to surrounding communities including Princeville, Hanalei, Kalihiwai, Anini, and Moloa?a. The property consists of approximately 22,000 square feet of improvements situated on a 29,518-square-foot site. Improvements include a three-level steel warehouse building and a separate self-storage building that support the property's ongoing operations. Constructed in 1980, the asset has an established operating history and serves a broad customer base that includes local residents, contractors, property managers, small businesses, and seasonal homeowners throughout the North Shore market. Fee simple ownership is a notable characteristic in Hawaii, where many commercial properties are held under leasehold interests. The property's location within a supply-constrained market benefits from limited commercial and industrial land availability, creating barriers to new competing development. Existing customer relationships, operating infrastructure, and immediate income generation provide a foundation for continued ownership and operational growth. The offering is available as a complete package including the operating business, land, and improvements. Investors and owner-operators have the opportunity to acquire a functioning business with existing cash flow in a well-established North Shore location that serves both residential and commercial storage demand.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$227 USD /SF

CAP RATE

4.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1980

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.68

LAND SF

29,518

ZONING

R-6

APN/PARCEL ID

4-5-2-014-027-0000

ASK ABOUT THIS PROPERTY

Michael HepburnCushman & Wakefield | Chaney BrooksMore Info
808-634-3868

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Michael HepburnCushman & Wakefield | Chaney BrooksMore Info
808-634-3868

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.