Log In/Sign Up
Your email has been sent.
888 Kalanianaole Street 888 Kalanianaole St 31,344 SF 100% Leased Industrial Building Hilo, HI 96720 $8,900,000 ($283.95/SF) 5.75% Cap Rate
Investment Highlights
- 161,433 square feet of prime industrial land (3.71 acres)
- Warehouse, office, and specialized support facilities
- 31,344 square feet of existing improvements
- Expansive secure yard for container operations and outdoor storage
Executive Summary
Discover one of Hawaii’s most compelling large-scale industrial leasehold opportunity in Hilo’s established commercial corridor. This rare 3.71-acre property combines substantial built infrastructure with unmatched logistical advantages, delivering both immediate cash flow on an industrial leasehold opportunity with 40 years of known ground rent. (Leasehold)
Property Facts
| Price | $8,900,000 | Rentable Building Area | 31,344 SF |
| Price Per SF | $283.95 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1971 |
| Cap Rate | 5.75% | Parking Ratio | 0.64/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 24’ |
| Property Subtype | Distribution | No. Dock-High Doors/Loading | 4 |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 3.71 AC | ||
| Zoning | MG-1A | ||
| Price | $8,900,000 |
| Price Per SF | $283.95 |
| Sale Type | Investment |
| Cap Rate | 5.75% |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | C |
| Lot Size | 3.71 AC |
| Rentable Building Area | 31,344 SF |
| No. Stories | 1 |
| Year Built | 1971 |
| Parking Ratio | 0.64/1,000 SF |
| Clear Ceiling Height | 24’ |
| No. Dock-High Doors/Loading | 4 |
| Opportunity Zone |
Yes |
| Zoning | MG-1A |
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Suisan Company, Ltd.
- Retailer
- -
- -
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Suisan Company, Ltd. | Retailer | - | - | Lorem Ipsum | Jan 0000 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 3-2-1-010-033-0000 | Improvements Assessment | $1,345,600 |
| Land Assessment | $2,228,700 | Total Assessment | $3,574,300 |
Property Taxes
Parcel Number
3-2-1-010-033-0000
Land Assessment
$2,228,700
Improvements Assessment
$1,345,600
Total Assessment
$3,574,300
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
888 Kalanianaole Street | 888 Kalanianaole St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.