91-1051 Enterprise Ave
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91-1051 Enterprise Ave
32,818 SF 73% Leased Industrial Building Kapolei, HI 96707 For Sale
Investment Highlights
- High Barriers to Entry - Opportunity to control a property in a supply constrained market
- Value Add - excess yard for additional footprint to be added in the future (1.25 FAR see Zoning & Entitlements)
- Owner-User Opportunity - potential for a user to own and occupy a portion of the property and collect income on the remainder
- Mark to Market Rent Opportunity - existing rents are below market providing new owner opportunity for increased rent growth
- Credit Tenant - Partially leased to Swinerton Builders, a $5B national construction firm through May of 2031
Executive Summary
Colliers has been retained to sell the fee simple interest in the property located at 91-1051 Enterprise Street, Kapolei, Hawaii. The property is an improved 3.81 acre parcel located in an Opportunity Zone and in the State’s most rapidly expanding community that has attracted a significant amount of private and public investment.
Its location: boasts excellent and direct accessibility to the H1 freeway via Fort Barrette Road; adjacent to Campbell Industrial Park; is minutes from Kalaeloa Barbers Point Harbor, two blocks from Kalaeloa Airport, 18 miles from Honolulu International Aiport and 22 miles from Honolulu Harbor.
Its location: boasts excellent and direct accessibility to the H1 freeway via Fort Barrette Road; adjacent to Campbell Industrial Park; is minutes from Kalaeloa Barbers Point Harbor, two blocks from Kalaeloa Airport, 18 miles from Honolulu International Aiport and 22 miles from Honolulu Harbor.
Property Facts
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Industrial | Year Built | 2021 |
| Building Class | C | Clear Ceiling Height | 12 FT |
| Lot Size | 3.81 AC | No. Dock-High Doors/Loading | 1 |
| Rentable Building Area | 32,818 SF | Opportunity Zone |
Yes
|
| Sale Type | Investment |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 3.81 AC |
| Rentable Building Area | 32,818 SF |
| No. Stories | 1 |
| Year Built | 2021 |
| Clear Ceiling Height | 12 FT |
| No. Dock-High Doors/Loading | 1 |
| Opportunity Zone |
Yes |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Additionally, Lot 1 (25,050 SF) is available for lease. Base rent for Lot 1 is $0.25 PSF/Month.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 8,837 SF | Industrial | Full Build-Out | Now |
1st Floor
| Size |
| 8,837 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
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1st Floor
| Size | 8,837 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
Additionally, Lot 1 (25,050 SF) is available for lease. Base rent for Lot 1 is $0.25 PSF/Month.
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PROPERTY TAXES
| Parcel Number | 1-9-1-013-097-0000 | Improvements Assessment | $971,900 |
| Land Assessment | $7,018,400 | Total Assessment | $7,990,300 |
PROPERTY TAXES
Parcel Number
1-9-1-013-097-0000
Land Assessment
$7,018,400
Improvements Assessment
$971,900
Total Assessment
$7,990,300
zoning
| Zoning Code | T-3 (HCDA General Urban) |
| T-3 (HCDA General Urban) |
-
Alika Cosner -
Power Broker William Froelich -
Michael Gomes -
Colliers
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91-1051 Enterprise Ave
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