• 949 Mapunapuna St, Honolulu, HI 96819

For Sale

Industrial

For Sale

This property is available for sale
3.04
Acres
$6,250,000
Sale Price
  • Overview

    Opportunity to purchase 7.26 acres of I-2 zoned property over 3 parcels in Mapunapuna. This square corner location has 140 marked parking stalls and 2 acres of excess paved yard area. An ideal facility for an owner-user or investor, the property has been occupied by Coca-Cola for over 35 years.

    4 buildings with large container parking areas and multiple access points
    Owned PV System
    One ground rent reset remaining (8/1/30-7/31/39)
    Underwritten at a 9% discount rate using conservative rents
    Seller to leaseback for 12-24 months - at current market rates
    Quick and easy access to and from the H-1 Freeway and Nimitz Highway

Contact or Call

Property Details

Large Mapunapuna Industrial Facility For Sale (LH)

Opportunity to purchase 7.26 acres of I-2 zoned property over 3 parcels in Mapunapuna. This square corner location has 140 marked parking stalls and 2 acres of excess paved yard area. An ideal facility for an owner-user or investor, the property has been occupied by Coca-Cola for over 35 years.

4 buildings with large container parking areas and multiple access points
Owned PV System
One ground rent reset remaining (8/1/30-7/31/39)
Underwritten at a 9% discount rate using conservative rents
Seller to leaseback for 12-24 months - at current market rates
Quick and easy access to and from the H-1 Freeway and Nimitz Highway

  • Property Type
    Industrial
  • Sale Price
    $6,250,000
  • Total Acres
    3.04
  • Zoning
    I-2
  • Last updated
    May 14, 2020
  • Property ID
    2144387

Landlord's Sales Representative

  • William Froelich
    Colliers | Hawaii - Honolulu