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179 Sand Island Access Rd
Honolulu, HI 96819
Sand Island Warehouse · Industrial Property For Sale
PROPERTY FACTS
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built/Renovated | 1960/1970 |
| Building Class | B | Clear Ceiling Height | 22’ |
| Lot Size | 1.43 AC | No. Drive In / Grade-Level Doors | 7 |
| Rentable Building Area | 53,182 SF | ||
| Zoning | I-2 | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.43 AC |
| Rentable Building Area | 53,182 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1960/1970 |
| Clear Ceiling Height | 22’ |
| No. Drive In / Grade-Level Doors | 7 |
| Zoning | I-2 |
UTILITIES
- Water
- Heating - Electric
ABOUT 179 SAND ISLAND ACCESS RD , HONOLULU, HI 96819
Standard Commercial LLC is pleased to present the opportunity to acquire the long-term leasehold interest in 179 Sand Island Access Road (the Property), a solid multi-tenant high-yielding (8.1% CAP RATE) industrial asset at a superior main street location in the highly desirable Sand Island submarket, close to downtown Honolulu and the airport on the island of Oahu. Comprising 53,182 rentable square feet and currently 100% leased by three reputable tenants, the property provides an investor with a long-term stable cash flow and upside potential for rent growth in the 2nd tightest industrial market in the nation.Facade refresh in progress which should be completed in October 2018. The property is solid concrete masonry; fully sprinklered; high-cube (22' clear height at eaves); and has 3-phase 100 amp power. The roof has a new silicone coating system which was completed in 2017 and has a 20-year warranty. There is ample on-site tenant and customer parking.
PROPERTY TAXES
| Parcel Number | 1-1-2-022-024-0000 | Improvements Assessment | $1,787,200 |
| Land Assessment | $10,670,300 | Total Assessment | $12,457,500 |
PROPERTY TAXES
