612 Kalanianaole Ave - Warehouse FOR SALE


Hilo, HI 96720
$18,950,000 USD
808-203-5710
612 Kalanianaole Ave, Hilo, HI for Sale
$18,950,000 USD
Warehouse - FOR SALE
1/6
null | 3.76% Cap Rate

612 Kalanianaole Ave
Hilo, HI 96720


OVERVIEW

JLL is pleased to present a historic industrial investment opportunity featuring a 47,000 square foot multi-building warehouse complex situated on 3.57 acres in a prime location in the Hilo Harbor Industrial district. This well-positioned asset is comprised of five individual warehouse buildings built between 2007 and 2015, ranging from 7,000 to 10,800 square feet on a generous 155,680 SF land parcel, offering significant operational flexibility and potential value-add opportunities. Located directly across from Hilo Harbor and less than 10 minutes from Hilo International Airport, this rare fee-simple offering provides investors with complete ownership control and maximum strategic positioning within Hawaii’s critical logistics infrastructure. The property is fully leased to well-established tenants at competitive market rates with leases expiring within the next three years, providing an opportunity for investors to capture a mark to market and owner-users to occupy.

FOR SALE DETAILS

PRICE

$18,950,000 USD

PRICE/SF

$522 USD /SF

CAP RATE

3.76%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

105

LAND DETAILS

LAND ACRES

3.57

LAND SF

155,679

ZONING

MG-1A

APN/PARCEL ID

3-2-1-008-025-0000

ASK ABOUT THIS PROPERTY

808-203-5710

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808-203-5710

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