99-870 Iwaena St
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99-870 Iwaena St
15,123 SF Vacant Industrial Building Aiea, HI 96701 $700,000 ($46/SF)
Investment Highlights
- Easy access from Iwaena; near H2 and H3 Freeways
- Two warehouse spaces plus a mezzanine office
- Under 15 minutes to Daniel K. Inouye International Airport and downtown
- Ideal for owner-occupants; potential for renting part of the space
Executive Summary
CBRE, Inc. is delighted to present an exceptional opportunity to acquire leasehold or lease an industrial space located at 99-870 Iwaena Road in the renowned Halawa Industrial Complex of Aiea, Oahu. This property boasts convenient street access just off of Iwaena, and its strategic location adjacent to both the H2 and H3 Freeways ensures excellent commute times. It takes less than 15 minutes to reach Daniel K. Inouye International Airport and downtown, making this warehouse space incredibly accessible. With its 2 warehouse spaces and a mezzanine office space, this property is perfectly suited for owner occupants who also wish to capitalize on the option of renting out a part of the premises. This remarkable opportunity offers a winning combination of prime location, versatile space, and tremendous potential for investors and businesses alike. The ground lease terminates December 31, 2034, and is fixed through December 31, 2029.
Property Facts
| Price | $700,000 | Lot Size | 0.46 AC |
| Price Per SF | $46 | Rentable Building Area | 15,123 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Sale Conditions | Ground Lease (Leasehold) | Year Built | 1983 |
| Property Type | Industrial | Parking Ratio | 1.19/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 32 FT |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| Price | $700,000 |
| Price Per SF | $46 |
| Sale Type | Investment or Owner User |
| Sale Conditions | Ground Lease (Leasehold) |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.46 AC |
| Rentable Building Area | 15,123 SF |
| No. Stories | 2 |
| Year Built | 1983 |
| Parking Ratio | 1.19/1,000 SF |
| Clear Ceiling Height | 32 FT |
| No. Drive In / Grade-Level Doors | 3 |
Amenities
- Signage
- Storage Space
Utilities
- Water - County
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
21 ft clear height for the ground floor 11 ft clear height for office
32 ft clear height
| Space | Size | Space Use | Condition | Available |
| 1st Fl - A | 10,123 SF | Industrial | Full Build-Out | Now |
| Mezzanine - B | 5,000 SF | Industrial | Shell Space | Now |
1st Fl - A
| Size |
| 10,123 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
Mezzanine - B
| Size |
| 5,000 SF |
| Space Use |
| Industrial |
| Condition |
| Shell Space |
| Available |
| Now |
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1st Fl - A
| Size | 10,123 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
21 ft clear height for the ground floor 11 ft clear height for office
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Mezzanine - B
| Size | 5,000 SF |
| Space Use | Industrial |
| Condition | Shell Space |
| Available | Now |
32 ft clear height
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PROPERTY TAXES
| Parcel Number | 1-9-9-072-007-0000 | Improvements Assessment | $1,027,500 |
| Land Assessment | $1,249,000 | Total Assessment | $2,276,500 |
PROPERTY TAXES
Parcel Number
1-9-9-072-007-0000
Land Assessment
$1,249,000
Improvements Assessment
$1,027,500
Total Assessment
$2,276,500
zoning
| Zoning Code | 4-Industrial (Industrial) |
| 4-Industrial (Industrial) |
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STREET VIEW
STREET
MAP
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99-870 Iwaena St
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