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Leilehua Building 300 Kahelu Ave 26,248 SF 4% Leased Office Building Mililani, HI 96789 $10,500,000 ($400.03/SF) 5.77% Cap Rate
Executive Summary
The MTP features award winning design (Golden-Nugget Award) with a campus-style setting. Located within 16 miles of Honolulu International Airport, easy access via H-2 freeway. Access to broad band width fiber optic & cable (Verizon and Time Warner located in the park). The Leilehua Bldg is a tilt-up concrete one-story building. Common areas include an exterior courtyard-lobby. Possible expansion development potential.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Ground Lease (Leasehold)
Property Type
Office
Building Size
26,248 SF
Building Class
C
Year Built
1989
Price
$10,500,000
Price Per SF
$400.03
Cap Rate
5.77%
NOI
$605,850
Percent Leased
4%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
26,248 SF
Slab To Slab
9’
Building FAR
0.17
Lot Size
3.52 AC
Zoning
IMX-1
Parking
150 Spaces (6.96 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 1-9-5-046-029-0000 | Improvements Assessment | $5,188,400 |
| Land Assessment | $3,601,700 | Total Assessment | $8,790,100 |
Property Taxes
Parcel Number
1-9-5-046-029-0000
Land Assessment
$3,601,700
Improvements Assessment
$5,188,400
Total Assessment
$8,790,100
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Leilehua Building | 300 Kahelu Ave
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