Sold
365 Hanakai St
Kahului HI, 96732
$2,550,000
Sold
Commercial
An opportunity to purchase a single tenant absolute triple net (NNN) leased asset with a corporate backed lease in Kahului, Maui, Hawaii. The tenant, Airgas USA, is a leading U.S. supplier of industrial, medical and specialty gases, as well as hard goods and related products. PROPERTY HIGHLIGHTS: M-2 Heavy Industrial zoning allows multiple categories of use (heavy industrial, light industrial, office, retail, business) / Single tenant NNN lease with stable cash flows for another six years remaining on the lease. / Current rent is below market, offering an investor the opportunity to move to market rents in 6 years. / Excess land area / Prime location near the harbor, airport, major service areas. / Building Area - 7,200 SF warehouse + 2,100 SF shed.
401990
MLSⓇ ID
April 29, 2024
Listed
November 22, 2024
Updated
Map
365 Hanakai St
Kahului HI, 96732
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.69 Acres
Other Property Details
Area Name
Kahului
Garage
No
View
Yes
View Description
Mountain(s)
Pool
No
Zoning
M-2
Listing History
Date | Event | Price |
---|---|---|
8/7/2024 | Sold | $2,550,000 |
5/22/2024 | Pending | — |
Courtesy of Commercial Prop of Maui LLC
Listing Contact: 808-250-0900
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Riette Jenkins shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 10:48 AM UTC, 11/22/2024