1010 Kaili Street
Honolulu, HI 96819
The Offering
Property Summary
- ASKING PRICE $7,150,000
-
ADDRESS
1010 Kaili Street
Honolulu, HI 96819 - TAX MAP KEY (1) 1-3-4:14
- TENURE Fee Simple
- BUILDING SIZE 17,753 SF
- LAND AREA 24,760 SF
- YEAR BUILT 1963
- ZONING BMX-3
INVESTMENT HIGHLIGHTS
Stable Cash Flow from Long Term Ground Lease
The property is backed by a long-term ground lease through April 30, 2052, with Daisy Global Trading Co.
The property is backed by a long-term ground lease through April 30, 2052, with Daisy Global Trading Co.
Easy-To-Manage NNN Investment
This NNN opportunity requires minimal oversight, as the ground lessee is responsible for most property expenses, including property taxes, insurance, and maintenance.
This NNN opportunity requires minimal oversight, as the ground lessee is responsible for most property expenses, including property taxes, insurance, and maintenance.
Property Improvements
The site is improved with (i) a 10,688-square-foot supermarket building with warehouse, (ii) a 3,500-square-foot retail building, and (iii) a 1,924-square-foot apartment building.
The site is improved with (i) a 10,688-square-foot supermarket building with warehouse, (ii) a 3,500-square-foot retail building, and (iii) a 1,924-square-foot apartment building.
Signalized Corner Lot with Multiple Frontages & Access Points
This 24,760-square-foot corner site features street frontages along N. King, Kaili, and Hani Streets and multiple ingress/egress points from N. King, Kaili, and Hani Streets, facilitating convenient access and visibility.
This 24,760-square-foot corner site features street frontages along N. King, Kaili, and Hani Streets and multiple ingress/egress points from N. King, Kaili, and Hani Streets, facilitating convenient access and visibility.
Transit-Oriented Development (TOD) Zone
Situated within the Kalihi Transit-Oriented Development plan area, the property benefits from initiatives aimed at enhancing urban living through improved public transportation, increased walkability, and mixed-use developments.
Situated within the Kalihi Transit-Oriented Development plan area, the property benefits from initiatives aimed at enhancing urban living through improved public transportation, increased walkability, and mixed-use developments.
Convenient Access Near Customer Base
The site offers easy access to the H-1 Freeway, ensuring seamless connectivity across Honolulu. Additionally, its proximity to established residential neighborhoods enhances customer traffic and workforce accessibility.
The site offers easy access to the H-1 Freeway, ensuring seamless connectivity across Honolulu. Additionally, its proximity to established residential neighborhoods enhances customer traffic and workforce accessibility.
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