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Maili Aloha Petroleum & Vacant Land 87-718 Farrington Hwy 4 187 pi² Commerce de détail Immeuble Waianae, HI 96792 5 507 840 $ CAD (1 315,46 $ CAD/pi²)
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Faits saillants de l'investissement
- Long Term Ground Lease Remaining
- Functional, Well Sized Improvements
- High Traffic, High Visibility Location
- Desirable B-2 Business Zoning
- Expansive Land Area for Growth
- Established Tenant with Proven Track Record
Résumé de l'annonce
The Maili Aloha Petroleum is located at 87-718 Farrington Highway in Waianae, Hawaii and represents a rare opportunity to acquire the fee simple interest (land and building) in a NNN leased free-standing investment on Oahu. The property is tenanted by Aloha Petroleum, Ltd., operating a fuel station paired with a 2,680 square foot convenience store occupied by 7-Eleven. The property benefits from exceptional visibility and consistent traffic volume along Farrington Highway (27.6K VPD). The tenant has 11+ years remaining on the current lease term, currently set to expire June 30, 2037. The lease features two rent re-openings in 2027 and 2032, offering near term NOI growth and future upside.
In addition to the net leased investment, the offering also includes nearly 2 acres (86,510 SF) of undeveloped B-2 zoned land directly behind the fueling and retail structures. This vacant land adds significant long term upside through ground leasing, expansion, or value add commercial improvements. Situated in the growing Waianae submarket, the property combines stable in place income with strategic development potential, making it a compelling investment for buyers seeking both security and long term appreciation.
In addition to the net leased investment, the offering also includes nearly 2 acres (86,510 SF) of undeveloped B-2 zoned land directly behind the fueling and retail structures. This vacant land adds significant long term upside through ground leasing, expansion, or value add commercial improvements. Situated in the growing Waianae submarket, the property combines stable in place income with strategic development potential, making it a compelling investment for buyers seeking both security and long term appreciation.
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Commerce de détail
Sous-type de propriété
Dépanneur
Taille du bâtiment
4 187 pi²
Classe d’immeuble
C
Année de construction
1987
Prix
5 507 840 $ CAD
Prix par pi²
1 315,46 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Dalle à dalle
9’
Coefficient d’occupation des sols de l’immeuble
0,04
Taille du lot
2,58 AC
Zonage
B-2
Stationnement
8 places (1,91 places par 1 000 pi² loué)
Façade
390’ sur Farrington Hwy
Commodités
- Ligne d'autobus
- Affichage
Relativement accessible à pied
20/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun limités
30/100
Relativement accessible en vélo
20/100
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Présenté par
Maili Aloha Petroleum & Vacant Land | 87-718 Farrington Hwy
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