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501 Sumner St
9,608 SF Industrial Condo Unit Offered at $4,250,000 in Honolulu, HI 96817
Investment Highlights
- Single tenant NNN Lease
- 17+ Years in business specializing in European automotive repairs
- 10 Year Initial Term with annual rent increases
Executive Summary
Don’t miss this turn-key Investment opportunity! Fee-Simple Industrial Condominium property in the heart of Honolulu with a brand new 10 Year NNN Lease. With 9,608 sq. ft of building space that includes separate office areas, and 4 parking stalls, this provides a stable income stream for an investor. A&A Motor Werkes has been in business for over 17 years and counting specializing in European automotive repairs. Please do not disturb tenant. Call broker for more details and to schedule tours.
Property Facts
Price | $4,250,000 | Building Class | C |
Unit Size | 9,608 SF | Floors | 2 |
No. Units | 1 | Typical Floor Size | 9,608 SF |
Total Building Size | 9,608 SF | Year Built | 1979 |
Property Type | Industrial (Condo) | Lot Size | 6.71 AC |
Property Subtype | Warehouse | Opportunity Zone |
Yes
|
Sale Type | Investment NNN |
Price | $4,250,000 |
Unit Size | 9,608 SF |
No. Units | 1 |
Total Building Size | 9,608 SF |
Property Type | Industrial (Condo) |
Property Subtype | Warehouse |
Sale Type | Investment NNN |
Building Class | C |
Floors | 2 |
Typical Floor Size | 9,608 SF |
Year Built | 1979 |
Lot Size | 6.71 AC |
Opportunity Zone |
Yes |
1 Unit Available
Unit 6A
Unit Size | 9,608 SF | Sale Type | Investment |
Price | $4,250,000 | Cap Rate | 4.48% |
Price Per SF | $442.34 | NOI | $190,238 |
Condo Use | Industrial | No. Parking Spaces | 4 |
Unit Size | 9,608 SF |
Price | $4,250,000 |
Price Per SF | $442.34 |
Condo Use | Industrial |
Sale Type | Investment |
Cap Rate | 4.48% |
NOI | $190,238 |
No. Parking Spaces | 4 |
Sale Notes
Don’t miss this turn-key Investment opportunity! Fee-Simple Industrial Condominium property in the heart of Honolulu with a brand new 10 Year NNN Lease. With 9,608 sq. ft of building space that includes separate office areas, and 4
parking stalls, this provides a stable income stream for an investor. A&A Motor Werkes has been in business for over
17 years and counting specializing in European automotive repairs.
Please do not disturb tenant. Call broker for more details and to schedule tours.
Utilities
- Water
- Sewer
zoning
Zoning Code | IMX-1 (Industrial Mixed Use) |
IMX-1 (Industrial Mixed Use) |
Learn More About Investing in Industrial Properties
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501 Sumner St
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