Self-Storage Suites 208-209 and
For Sale
$2,975,000
94-515 Ukee Street, Waipahu, HI 96797
Fee-simple industrial storage suites with flexible layout and 10 deeded parking stalls.
Property Size6,528 SF
Price / SF$455.73
Days on Market105
Property Features for 94-515 Ukee Street
General Information
Standard status
Active
Size
6,528 SF
Total Parking Spaces
10
Property subtype
Industrial
Building Details
Building Size
6,528 SF
Year Built
1980
Listing Agency:
Nexus Estates LLC
(808) 722-7775
Listed By:
Garrett H Kuroda · License #RB-23590
(808) 722-7775
Source:
Careyluxury
Added: Apr 20
Changed: Jul 31
Last Checked: Aug 1 at 11:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nexus Estates LLC
Investment Insights
Based on property information with market context.
Fee-simple industrial space at Ukee Industrial Center in Waipio Gentry comprised of Suites 208/209 and 307/308, totaling approximately 6,528 square feet. The space previously operated as a self-storage facility and is presented with a flexible layout that can support industrial, warehouse, or service uses.
The property is located at 94-515 Ukee Street in Waipahu, HI, and includes 10 deeded parking stalls for tenant and customer access. The improvements were built in 1980.
This offering is configured for buyers seeking an owner-user or an investor position within an industrial setting at Ukee Industrial Center.
The property is located at 94-515 Ukee Street in Waipahu, HI, and includes 10 deeded parking stalls for tenant and customer access. The improvements were built in 1980.
This offering is configured for buyers seeking an owner-user or an investor position within an industrial setting at Ukee Industrial Center.
Key Highlights
- Suites 208/209 and 307/308 at Ukee Industrial Center
- Approximately 6,528 SF industrial space with flexible layout
- Previously used as a self‑storage facility
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $123.8k | $18.96 |
| − Vacancy | −$1.4k | −$0.21 |
| EGI | $122.4k | $18.75 |
| − OpEx | −$18.4k | −$2.81 |
| NOI | $104.0k | $15.93 |
6,528 SF · lease $18.96/SF/yr · vacancy 1.13% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.49M
$1.30M – $1.73M
NOI $104,016 @ 7.0% cap · market cap 3.50%
Second Best
Self Storage
$930.2K
$814.0K – $1.09M
NOI $65,117 @ 7.0% cap · market cap 2.19%
Theoretical Best
Specialty Retail
$2.64M
$2.31M – $3.09M
NOI $185,135 @ 7.0% cap · market cap 6.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Demographics for 96797, HI
78,109
Population
21,327
Households
3.7
Avg Household Size
41
Median Age
25%
College-Educated
90%
High-School Grad
19.3 sq mi
ZIP Area
4,047
Density / Sq Mi
$110,036
Median Household Income
$44,685
Median Earnings
$1,981
Median Rent
$798,600
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self storage facility - Fee-simple industrial storage suites with flexible layout and 10 deeded parking stalls.
Where is this self storage facility located?
The property is located at 94-515 Ukee Street Waipahu, HI.
What is the asking price?
The asking price for this property is $2,975,000.
What are key features of this property?
This property features: Suites 208/209 and 307/308 at Ukee Industrial Center; Approximately 6,528 SF industrial space with flexible layout; Previously used as a self‑storage facility