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411 Puuhale Road
411 Puuhale Road, Honolulu, HI 96819
N/A
18,178 SF
Industrial
Warehouse
Investment
Single
Yes
23,324 SF
-
Last Verified 11/13/2009
Listing ID 16195038
Highlights
Large corner lot two streets off of Dillingham Highway and Nimitz Highway- Lease Rents: $126,552 per year through 6/31/2012
- Lease Rents: $145,536 per year through 6/31/2017
- Buyer to conduct its own Due Diligence
Description
Rare opportunity to obtain the leased fee interest in a large lot with 18,178 square feet of improvements covering both corners of Hau and Kalani Street on Puuhale Road. Ground lease in place until June 30, 2037 with fixed ground rent income through June 30, 2017. Ground rent renegotiates on July 1, 2017 and July 1, 2027 at no less than 8% of fair market value. Further adjustments on July 1, 2022 and July 1, 2032.
Property on the corner of Puuhale Road and Hau Street.
Map of 411 Puuhale Road, Honolulu, HI 96819 (Honolulu County)
Created 4/15/2009
Additional Information for 411 Puuhale Road, Honolulu, HI 96819
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P