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Page Summary
  • MLS® #: 201825258
  • 91-1049 & 1051 Enterprise Ave
  • Kapolei, HI 96707
  • $5,000,000
  • 28500 SqFt, 3.81 Acres
  • Commercial
  • Office: Standard Management Llc

FEE SIMPLE RETAIL/WAREHOUSE AT 6.1% YEAR 1 CAP RATE AND 8% YEAR 3 CAP RATE (PROFORMA)! Incredible opportunity for an investor or owner-user to acquire a fee simple industrial property in Kalaeloa. The 28,500 SF retail & warehouse spaces are leased to Tamaruas, a successful Hawaii-based grocery, fine wine & liquor store. There is an additional 49,121 SF of paved & fenced yard space which could be leased, developed, or occupied. The existing lease rents are significantly below market providing upside potential. Financial info is proforma. Several developments slated in the new few years in Kalaeloa which are expected to result in a significant increase in the number of residents in the area. The property has easy access to several business and industrial areas as well as the H-1 freeway.

Essential Information

  • MLS® #201825258
  • Price$5,000,000
  • Bathrooms0.00
  • Square Footage28,500
  • Acres3.81
  • Year Built1944
  • TypeCommercial
  • Sub-TypeCommercial/Industrial
  • StatusActive

Community Information

  • Address91-1049 & 1051 Enterprise Ave
  • AreaEwaplain
  • SubdivisionAG/INDL/NAVY
  • CityKapolei
  • StateHI
  • Zip Code96707

Amenities

  • AmenitiesNone
  • Parking Spaces48
  • ParkingOn Site

Utilities

Large Water Meter, Light Electricity

Interior

  • CoolingCentral AC
  • # of Stories1
  • StoriesOne

Exterior

  • ExteriorMetal Frame
  • RoofAluminum/Steel
  • ConstructionMetal Frame

Additional Information

  • Date ListedSeptember 26th, 2018
  • Days on Market74

Zoning

63 - Military & Federal Preserv

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Based on information from the Multiple Listing Service of the Honolulu Board of REALTORS®. active listings last updated on December 9th, 2018 at 3:47pm HST. Information is deemed reliable but not guaranteed. Copyright: 2018 by the Honolulu Board of REALTORS®.

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