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Warehouse Complex With Loading Docks
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99-1165 Iwaena St, Aiea, HI 96701

Three-building warehouse property with multiple units, loading infrastructure, and I-2 zoning on a leasehold site.

Property Size37,105 SF
Lot Size1.47 Acres
Days on Market144

Property Features for 99-1165 Iwaena St

General Information

Standard status Active
Size 37,105 SF
Lot size 1.47 Acres
Property subtype Industrial
Zoning I-2

Warehouse & Industrial

Warehouse Space 15,000 SF
Dock-High Doors 2

Additional Details

Cap Rate 18%

Building Details

Buildings 3
Tenancy Multi
Listing Agency: Colliers - Honolulu, Hawaii
Listed By: Alika Cosner (S), SIOR · License #HI 69441
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 1:55AM

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 Colliers - Honolulu, Hawaii

Investment Insights

Based on property information with market context.

This leasehold warehouse property comprises three buildings with a combined rentable area of 37,105 square feet on 1.47 acres. The configuration includes three units providing approximately 15,000 square feet of warehouse space, along with two sunken loading docks. The property is situated on I-2-zoned land and is structured for month-to-month tenancy across the three units.

The ground lease has 14 years of known ground rent remaining. The reported 18% cap rate provides an additional financial metric for evaluation. The combination of multiple buildings, warehouse area, and dock access establishes a functional commercial configuration for an owner-user or other warehouse-oriented operation, without changing the existing leasehold structure.

Key Highlights

  • 37,105 SF of total rentable area across 3 buildings
  • Approximately 15,000 SF of warehouse space in 3 units
  • Two sunken loading docks

Property Analytics

Current Use

Hawaiian AC & Refrigeration Hardware & Home Improvement Huff 'n Puff Food Processing Plant

Lease Details

2
Dock-high doors
Multi-tenant
Tenancy

Location Intelligence

Demographics for 96701, HI

42,833
Population
15,407
Households
2.8
Avg Household Size
45
Median Age
39%
College-Educated
94%
High-School Grad
25.3 sq mi
ZIP Area
1,693
Density / Sq Mi
$107,888
Median Household Income
$58,224
Median Earnings
$1,930
Median Rent
$913,300
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Warehouse - Three-building warehouse property with multiple units, loading infrastructure, and I-2 zoning on a leasehold site.
Where is this warehouse located?
The property is located at 99-1165 Iwaena St Aiea, HI.
What are key features of this property?
This property features: 37,105 SF of total rentable area across 3 buildings; Approximately 15,000 SF of warehouse space in 3 units; Two sunken loading docks
More about this property
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