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949 Mapunapuna Street

3 Properties Offered at $6,250,000 in Honolulu, HI

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Investment Highlights

4 buildings with large container parking areas and multiple access points
Ground rent fixed until 7/31/30 with one ground rent reset remaining (8/1/30-7/31/39)
Seller to leaseback for 12-24 months - at current market rates

Owned PV System
Underwritten at a 9% discount rate using conservative rents
Quick and easy access to and from the H-1 Freeway and Nimitz Highway

Executive Summary

Opportunity to purchase 7.26 acres of I-2 zoned property over 3 parcels in Mapunapuna. This square corner location has 140 marked parking stalls and 2 acres of excess paved yard area. An ideal facility for an owner-user or investor, the property has been occupied by Coca-Cola for over 35 years.
Tenure: Leasehold through July 31, 2039.

Property Brochure_09 2023

Property Facts

Price	$6,250,000	Number of Properties	3
Price / SF	$51.84 / SF	Individually For Sale	0
Sale Type	Investment	Total Building Size	120,556 SF
Status	Active	Total Land Area	12.70 AC

Price	$6,250,000
Price / SF	$51.84 / SF
Sale Type	Investment
Status	Active
Number of Properties	3
Individually For Sale	0
Total Building Size	120,556 SF
Total Land Area	12.70 AC

Properties

Property Name / Address	Property Type	Size	Year Built	Individual Price
2865 Pukoloa St, Honolulu, HI 96819	Office	12,450 SF	1967	-
The Coca Cola Company 949 Mapunapuna St, Honolulu, HI 96819	Industrial	93,000 SF	1967	-
Coca-Cola Bottling 2855-2865 Pukoloa St, Honolulu, HI 96819	Industrial	15,106 SF	1967	-

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