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

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