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New Price Owner User April 2028. "Leasehold" 2886 Paa St 13,350 SF 100% Leased Industrial Building Honolulu, HI 96819 $1,369,480 CAD ($102.58 CAD/SF) 7.45% Cap Rate
INVESTMENT HIGHLIGHTS
- Potentially Owner-User for a High End Car Dealership
EXECUTIVE SUMMARY
New Purchase Price $1,300,000.00.
One Source is the main subtenant with a lease in place that will end on April 30, 2028. The Subtenant in the back has a warehouse yard that could be removed for additional space. Subject to Fee Owner/Leaseholders' approval.
Owner user to utilize: Back warehouse & Additional surrounding yard area of 20,000 SF for staging trucks or equipment, with a possible warehouse in the rear.
Address 2886 Paa Street, Honolulu Hawaii 96819
TMK: (I) 1-1-7: Parcel 40
Zoning B-2, Business Community
Land Area 60,023 Square Feet
Building Area 16,000 Square Feet
Parking Stalls 35+
Driver Ins (2) 8’ x 10’
Ceiling Height 14’ at Eaves
24’ at Center
Two Sublease Tenant's Term upon request per Exhibit A attached
Master Lease Expiration 11/14/2043
Current Ground rent information is upon request
One Source is the main subtenant with a lease in place that will end on April 30, 2028. The Subtenant in the back has a warehouse yard that could be removed for additional space. Subject to Fee Owner/Leaseholders' approval.
Owner user to utilize: Back warehouse & Additional surrounding yard area of 20,000 SF for staging trucks or equipment, with a possible warehouse in the rear.
Address 2886 Paa Street, Honolulu Hawaii 96819
TMK: (I) 1-1-7: Parcel 40
Zoning B-2, Business Community
Land Area 60,023 Square Feet
Building Area 16,000 Square Feet
Parking Stalls 35+
Driver Ins (2) 8’ x 10’
Ceiling Height 14’ at Eaves
24’ at Center
Two Sublease Tenant's Term upon request per Exhibit A attached
Master Lease Expiration 11/14/2043
Current Ground rent information is upon request
PROPERTY FACTS
AMENITIES
- Fenced Lot
- Freezer (Space)
- Signage
- Storage Space
UTILITIES
- Lighting
- Gas - Natural
- Water
- Sewer
- Heating - Gas
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PROPERTY TAXES
| Parcel Number | 1-1-1-007-040-0000 | Improvements Assessment | $919,350 CAD |
| Land Assessment | $11,695,971 CAD | Total Assessment | $12,615,321 CAD |
PROPERTY TAXES
Parcel Number
1-1-1-007-040-0000
Land Assessment
$11,695,971 CAD
Improvements Assessment
$919,350 CAD
Total Assessment
$12,615,321 CAD
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New Price Owner User April 2028. "Leasehold" | 2886 Paa St
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