91-361 Kaiholo St Kapolei, HI 96707-1848

Property Details for 91-361 Kaiholo St

Year built

2010

Construction

STEEL FRAME

Lot size

1.70 lot acres

Property size

10,800 SF

Zone code

I-3 INDUSTRIAL-WATERFRONT

Property type

Warehouses

APN

1-9-1-074-007

APU

191074007

Description

This exceptional investment opportunity presents a fee-simple industrial property located at 91-361 Kaiholo St, Kapolei, HI 96707. Situated on a 1.7-acre lot within the Kenai Industrial Park, this property boasts two separate warehouse buildings constructed in 2007 and 2010, offering a combined 24' ceiling height. The property is currently occupied by two strong tenants: Harrington Industrial Plastics, a national company with over 60 locations, and 808 Diesel Performance, a Hawaii-based business operating since 2011. The property's zoning is I-3 | Waterfront Industrial, allowing for potential future expansion. The property enjoys a prime location, just three miles from the H-1 freeway entrance and adjacent to Kalaeloa Harbor, providing convenient access to transportation and shipping. The large, open yard space optimizes container and vehicle flow. The property offers a strong financial performance, with a Net Operating Income (NOI) of $361,904 and a 4.96% capitalization rate. The asking price is $7,300,000. This is a rare chance to acquire a well-located, high-performing industrial investment property in West Oahu's thriving industrial district. The property's proximity to Kalaeloa Harbor, which handles various cargo types, further enhances its strategic value.