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428 Kalihi St
Honolulu, HI 96819
Flex Property For Sale
Investment Highlights
- Industrial property offering added capacity for an established food business.
- Strategic industrial space complementing a turnkey food manufacturing facility.
- Well-positioned asset supporting Kukui Meats’ expanding operations.
Executive Summary
A rare opportunity to acquire two industrial properties together with Kukui Meats, an established Hawaii-based food manufacturing and distribution business generating approximately $8 million to $10 million in annual revenue with historical gross profit margins of approximately 16% to 19%.
The offering provides an investor or strategic owner with the opportunity to acquire an integrated real estate and operating business platform, including specialized food-production infrastructure, cold and dry storage, manufacturing space, and an established operating business.
The flagship Hau Street property is a USDA Certified, turnkey commercial kitchen and food manufacturing facility featuring multiple food-grade manufacturing rooms, floor drains, three-compartment sinks connected to a multi-compartment grease interceptor, approximately 1,400 SF of high-cube freezer storage, 2,600 SF of high-cube dry storage, and 2,500 SF of second-floor production space, along with functional apartment living quarters. The property also includes 282 solar PV panels, providing an opportunity to offset electricity consumption.
The second industrial property provides additional operational capacity and real estate, further supporting Kukui Meats’ production, storage, distribution, and business operations.
The offering provides an investor or strategic owner with the opportunity to acquire an integrated real estate and operating business platform, including specialized food-production infrastructure, cold and dry storage, manufacturing space, and an established operating business.
The flagship Hau Street property is a USDA Certified, turnkey commercial kitchen and food manufacturing facility featuring multiple food-grade manufacturing rooms, floor drains, three-compartment sinks connected to a multi-compartment grease interceptor, approximately 1,400 SF of high-cube freezer storage, 2,600 SF of high-cube dry storage, and 2,500 SF of second-floor production space, along with functional apartment living quarters. The property also includes 282 solar PV panels, providing an opportunity to offset electricity consumption.
The second industrial property provides additional operational capacity and real estate, further supporting Kukui Meats’ production, storage, distribution, and business operations.
Property Facts
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Flex | Year Built | 1997 |
| Building Class | C | Tenancy | Single |
| Lot Size | 0.11 AC | Parking Ratio | 1.15/1,000 SF |
| Rentable Building Area | 4,380 SF | Opportunity Zone |
Yes
|
| Zoning | IMX-1 - IMX-1 (Industrial Mixed Use) | ||
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 0.11 AC |
| Rentable Building Area | 4,380 SF |
| No. Stories | 2 |
| Year Built | 1997 |
| Tenancy | Single |
| Parking Ratio | 1.15/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | IMX-1 - IMX-1 (Industrial Mixed Use) |
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Number | 1-1-2-003-047-0000 | Improvements Assessment | $456,200 |
| Land Assessment | $1,500,000 | Total Assessment | $1,956,200 |
Property Taxes
Parcel Number
1-1-2-003-047-0000
Land Assessment
$1,500,000
Improvements Assessment
$456,200
Total Assessment
$1,956,200
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