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- LoopNet Team
781 Hookele St
Kahului, HI 96732
Servco Auto | 25YR Abs NNN Lease | Inv. Grade · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corporate Guaranteed By Hawaii’s Largest Privately Owned Company | Brand New 25-Year Sale Leaseback | Rental Increases | 100+ Years in Business
- Hard Corner Intersection | Excellent Visibility & Access | Just Off Hana Highway (39,500 VPD)
- Close Proximity to Kahului Airport (7.48 Million Passengers) | Strong Hawaii Tourism | Proposed $3B Major Expansion
- Rare Fee Simple Ownership Opportunity in Hawaii | Trophy Asset | High Barriers to Entry | New Construction
- Dense Retail Corridor | Across From New Safeway Anchored Center | Situated Within The Maui Business Park
- Strong Demographics In 5-mile Trade Area | Six-Figure Incomes
PROPERTY FACTS
AMENITIES
- Corner Lot
- Freeway Visibility
- Signage
- Signalized Intersection
- Monument Signage
ABOUT 781 HOOKELE ST , KAHULUI, HI 96732
Servo Auto Maui is strategically situated at the hard corner intersection of Ho‘okele Street (2024 projected VPD of 31,360) and Pulehu Place within the newly developed Maui Business Park. The site is just off of Hana Highway (39,500 VPD - 2024 projected VPD of 63,000), the main road traveling from Kahului up to the world-renowned surfing destination of Peahi (nicknamed “Jaws”). The asset is also positioned directly across from the recently constructed Ho‘okele Shopping Center, a brand new Safeway anchored plaza, which helps promote crossover shopping to the site. Other nearby national/credit tenants include Walmart, Target, Costco, The Home Depot, Lowe’s Home Improvement, Old Navy, Barnes and Noble, and more, further increasing consumer traffic to the trade area. The 5-mile trade area is supported by over 56,000 residents with an affluent average household income of more than $103,500. In addition, Maui County benefits from approximately 2.96 million visitors by air each year with over 50% of these tourists coming from the Western United States. The adjacent Kahului Airport is under planning for a $3B update which would see improvements such as a reconstruction of the main 2-20 runway, a new 7,000 foot runway 2R-20L, and expansions and improvements to the terminal.
PROPERTY TAXES
| Parcel Number | 2-3-8-101-023-0000 | Improvements Assessment | $8,514,200 |
| Land Assessment | $5,326,200 | Total Assessment | $13,840,400 |
PROPERTY TAXES
