1781 Wili Pa Loop | Wailuku, HI 96793
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1781 Wili Pa Loop
Wailuku, HI 96793
Industrial Property For Sale
Investment Highlights
- Turnkey office/warehouse building
- Excellent location in Mill Yard
- Credit tenant net lease
- Ample parking on site
Executive Summary
PRICE IMPROVEMENT! Priced at 5.21% Cap Rate! Excellent investment opportunity consisting of single tenant net lease to credit tenant. Tenant occupies the entire building with lease extending through December 31, 2032. This tenant is credit with long-standing operations in Hawaii and has been a staple in the community for many years.
The building consists of a three spaces; 2 warehouse bays and 1 corporate office. The corporate office consists of multiple window-lined offices, conference room, multiple restrooms and second floor office and storage. Both warehouses include private restrooms, roll-up door and personal door and fully paved concrete parking lot.
The building is located in Millyard Industrial Park in Wailuku, Maui. Kahului Airport is a short 5.7 miles and 15 minute drive and Kahului Harbor is a short 2.1 miles and 7 minute drive. Nearby attractions include Sam Sato’s Restaurant, Tamura’s Market and Tasty Crust Restaurant to name a few. Don’t miss out on this excellent investment opportunity with long term steady cash flow.
The building consists of a three spaces; 2 warehouse bays and 1 corporate office. The corporate office consists of multiple window-lined offices, conference room, multiple restrooms and second floor office and storage. Both warehouses include private restrooms, roll-up door and personal door and fully paved concrete parking lot.
The building is located in Millyard Industrial Park in Wailuku, Maui. Kahului Airport is a short 5.7 miles and 15 minute drive and Kahului Harbor is a short 2.1 miles and 7 minute drive. Nearby attractions include Sam Sato’s Restaurant, Tamura’s Market and Tasty Crust Restaurant to name a few. Don’t miss out on this excellent investment opportunity with long term steady cash flow.
PROPERTY FACTS
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 5.21% | Year Built | 1989 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 1.34/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 0.27 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 5,958 SF |
| Sale Type | Investment |
| Cap Rate | 5.21% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.27 AC |
| Rentable Building Area | 5,958 SF |
| No. Stories | 1 |
| Year Built | 1989 |
| Tenancy | Single |
| Parking Ratio | 1.34/1,000 SF |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
Amenities
- Signage
PROPERTY TAXES
| Parcel Number | 2-3-4-020-030-0000 | Improvements Assessment | $520,000 |
| Land Assessment | $442,000 | Total Assessment | $962,000 |
PROPERTY TAXES
Parcel Number
2-3-4-020-030-0000
Land Assessment
$442,000
Improvements Assessment
$520,000
Total Assessment
$962,000
zoning
| Zoning Code | M-1 |
| M-1 |
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