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Queen Ka'ahumanu Highway - Honokohau Nui 140.74 Acres of Industrial Land in Kailua Kona, HI 96740

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INVESTMENT HIGHLIGHTS

Entitlement process has been completed / All entitlement have been secured, including water
Substantial in place income from aggregate royalties and rental agreements totaling over $1,000,000 annually
Well located along a major highway at a full signalized intersection

Phase 1 roads and off-site improvements completed
Limited new construction on similar product types due to the finite amount of land properly zoned for industrial developments

EXECUTIVE SUMMARY

Cushman and Wakefield ChaneyBrooks is pleased to present the opportunity to acquire the fee simple interest in a portion of Honokohau Nui, a mixed-use industrial / commercial development project with existing income, located in Kailua-Kona, Island of Hawaii. The property includes 4 TMKs and is zoned Industrial-Commercial Mixed Use (MCX-20) and General Industrial (MG-1A), allowing for an extensive
range of commercial and industrial uses. Currently generating substantial income through Industrial Outside Storage (IOS) rentals and an aggregate royalty agreement, Honokohau Nui may be the last remaining contiguous industrial / commercial development site of this size in the Kailua-Kona market.

PROPERTY FACTS

Sale Type	Investment	Proposed Use	Commercial Industrial
No. Lots	1	Total Lot Size	140.74 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Industrial
Zoning	MCX-20, MG-1a - MCX-20 - Industrial-Commercial Mixed MG-1a - General Industrial

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Industrial
Proposed Use	Commercial Industrial
Total Lot Size	140.74 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	MCX-20, MG-1a - MCX-20 - Industrial-Commercial Mixed MG-1a - General Industrial

1 LOT AVAILABLE

Lot

Lot Size	140.74 AC

Lot Size	140.74 AC

The 141-acres within the Honokohau Nui development, offers prime potential for industrial or commercial use on the east side of the development.

DESCRIPTION

For more information please visit:

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AERIAL
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Queen Ka'ahumanu Highway, Kailua Kona, HI - AERIAL map view

(858) 334-4026

CONTACTS

Matthew Davis
Anthony Provenzano
Jared Gross
Cushman & Wakefield

Listing ID: 29502312
Date on Market: 2023-09-12
Last Updated:
Address: Queen Ka'ahumanu Highway, Kailua Kona, HI 96740

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Queen Ka'ahumanu Highway, Kailua Kona, HI for sale Building Photo- Image 1 of 5 — HH Bulk 1

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