99-1386 Koaha Place

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PROPERTY DESCRIPTION

Excellent owner/user opportunity for purchase in Halawa Business Park. The property consists of high cube warehouse storage with insulated ceilings, multiple 12’X14’ roll up doors and updated LED lighting throughout. The offices have been nicely renovated and include window lined private offices,

conference room, full kitchenette and his and her restrooms. The building includes 13 striped parking stalls and a concrete paved yard for additional

equipment storage and a solar pv system for added electrical savings. . This is a must see property that has been meticulously maintained over the years.

Conveniently located in Halawa Business Park with excellent freeway access in both east and west directions. Minutes from the Danile K. Inouye

International Airport, minutes from the Downtown Central Business District and Honolulu Harbor.

PROPERTY DETAILS

ASKING PRICE $900,000

TMK 1-9-9-77-18

TENURE Leasehold

ZONING I-2 (Heavy Industrial)

LAND AREA 21,556 square feet

GROUND FLOOR 6,750 square feet (Warehouse/Office)

SECOND FLOOR 1,359 square feet (Office)

TOTAL BUILDING 8,109 square feet

YARD SPACE 5,000 square feet

PARKING 13 reserved stalls

GROUND LEASE RENT SUMMARY:

1/01/2022 – 12/31/2024: $122,600 annual

1/01/2025 – 12/31/2027: $144,300 annual

1/01/2028 – 12/31/2031: $171,093 annual

LEASE EXPIRATION 12/31/2046

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