94-150 Leokane Street

    Waipahu, HI 96797
    • $8,500,000
    • STATUS: Active
    • ON SITE: 59 days
    • MLS #: 201926808
    UPDATED: 69 min ago
    $8,500,000
    • 0
      BEDS
    • 0.92
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1970
    County:
    Area:

    School Ratings & Info

    Description

    Projected 6.6% CAP RATE! Call for more info. I-2 zoned 40,124 sf land with 19,019 sf (differs from tax record) concrete block/steel frame high-cube (approx. 21 ft at eaves and 23 ft at peak) warehouse which includes a total of approximately 10,000 sf of freezer, 4,500 sf of chiller and 5,360 sf office. Yard has 2,226 sf open shed. Redondos has a long term lease expiring 2027 with annual increases plus (1) ten year option to extend with known rents. Seller will consider lease back on balance of property for 1 year. 1,084 panel PV system. Added income as Tenant reimburses Landlord for electrical us. Property within Opportunity and Enterprise zones.

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    © 2019 HiCentral MLS, Ltd. All rights reserved.
    Some of the active listings on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.

    IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Elite Pacific Properties.

    Licensed in the State of Hawaii, USA.
    oahu.elitepacific.com/homes/99199622

    94-150 Leokane Street Waipahu, HI 96797

    • Price: $8,500,000
    • Status: Active
    • Updated: 69 min ago
    • MLS #: 201926808
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.92
    Acres
    1970
    Built
    Neighborhood:
    Business
    County:
    Oahu
    Area:
    Waipahu
    Property Description
    Projected 6.6% CAP RATE! Call for more info. I-2 zoned 40,124 sf land with 19,019 sf (differs from tax record) concrete block/steel frame high-cube (approx. 21 ft at eaves and 23 ft at peak) warehouse which includes a total of approximately 10,000 sf of freezer, 4,500 sf of chiller and 5,360 sf office. Yard has 2,226 sf open shed. Redondos has a long term lease expiring 2027 with annual increases plus (1) ten year option to extend with known rents. Seller will consider lease back on balance of property for 1 year. 1,084 panel PV system. Added income as Tenant reimburses Landlord for electrical us. Property within Opportunity and Enterprise zones.
    Exterior Features

    Construction Materials Concrete BlockHigh CubeMetal Frame Loading Loading Area Parking On SiteStreet Property Frontage Main StreetSide Street Roof Aluminum/Steel Stories OneTwo

    Interior Features

    Cooling Central Ac Floors Concrete Sq Ft Other 2226 Sq Ft Total 28851

    Property Features

    Amenities Chill RoomFreezer RoomOfficePrivate Restroom Assessed Value Improvements 1893000.00 Assessed Value Land 2864900.00 Assessed Value Total 4757900.00 Building Name None Business Type IndustrialWarehouse Commercial Space No Disclosures See Remarks Documents Building PlansLease DocumentsP&L Easements None Expenses Source Owner Flood Zone Zone D Income Source Other Land Recorded Regular System Land Tenure Fs - Fee Simple Lease Type See Remarks Listing Financing CashExchangeOther Property Condition Average Property Type Commercial/Industrial Sewer Connected Special Sale Conditions None Tax Amount 4917.00 Tax Paid By Seller No Tax Year 2019 Tenant Pays Ac MaintenanceElectricityExcise TaxLease RentLiability InsReal Estate TaxesWater Utilities Available Heavy Electricity Zoning 42 - I-2 General Industrial Dis

    Listings provided courtesy of Marcus & Associates, Inc..
    Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listings last updated on 2019-11-19T13:58:44.68. Information is deemed reliable but not guaranteed. Copyright: 2019 by HiCentral MLS, Ltd.


    © 2019 HiCentral MLS, Ltd. All rights reserved.
    Some of the active listings on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.

    IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Elite Pacific Properties.

    Licensed in the State of Hawaii, USA.
     
    Elite Pacific Properties
    4211 Waialae Ave. Suite 106
    Honolulu HI, 96816