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Leilehua Building 300 Kahelu Ave

26,248 SF 4% Leased Office Building Mililani, HI 96789 $10,500,000 ($400/SF) 5.77% Cap Rate

Executive Summary

The MTP features award winning design (Golden-Nugget Award) with a campus-style setting. Located within 16 miles of Honolulu International Airport, easy access via H-2 freeway. Access to broad band width fiber optic & cable (Verizon and Time Warner located in the park). The Leilehua Bldg is a tilt-up concrete one-story building. Common areas include an exterior courtyard-lobby. Possible expansion development potential.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Ground Lease (Leasehold)
Property Type
Office
Building Size
26,248 SF
Building Class
C
Year Built
1989
Price
$10,500,000
Price Per SF
$400
Cap Rate
5.77%
NOI
$605,850
Percent Leased
4%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
26,248 SF
Slab To Slab
9’
Building FAR
0.17
Land Acres
3.52 AC
Zoning
IMX-1
Parking
150 Spaces (6.96 Spaces per 1,000 SF Leased)

Amenities

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-9-5-046-029-0000
Land Assessment
$3,601,700
Improvements Assessment
$5,105,000
Total Assessment
$8,706,700
  • Listing ID: 21082534

  • Date on Market: 9/28/2020

  • Last Updated:

  • Address: 300 Kahelu Ave, Mililani, HI 96789

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