Property Description
Great opportunity to lease a 55,540 square foot IMX-1 zoned parcel fronting Nimitz Highway. Also fronting Koapaka Street, this property is currently used as an auto dealership and includes office, warehouse and showroom spaces. Located in the Airport Industrial Area, this parcel has easy access to Nimitz Highway and the H1 Freeway and is located only 1 mile from the Honolulu Port and 4 miles to Downtown Honolulu. Property to be delivered vacant.
Development Potential/TOD
Located less than 1/2 mile from the planned Lagoon Drive Rail Transit Stop, this property has the potential for TOD benefits which include a potential FAR bonus in excess of its current 2.5 FAR. With its IMX-1 zoning and current height limit of 160 feet, this property has a wide range of potential uses. Highly visible, it is suitable for hotel (with minor conditional use permit), drive through retail, office, school, commercial parking and traditional light industrial uses.
Ample parking front and along side the Premises, along with free parking on Nimitz Highway.
Easy to convert portions of the improvements to additional parking.
- Property Type
Industrial
- Year Built
1971
- Total Building Size
46,507RSF
- Total Acres
1.07
- Number of Floors
2
- Zoning
IMX-1
- Property ID
1832468
