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441 Alamaha Street

$ 4,500,000.00

PROPERTY DESCRIPTION
Located at 441 Alamaha Street, Kahului, HI 96732, this property is leased to Safety Systems & Signs Hawaii, providing safety and traffic control rentals, sales and service to businesses and individuals within the state of Hawaii. The building features a versatile layout, including office space, warehouse, retail showroom, mezzanine, kitchenette, and restrooms. It is further enhanced by four (4) industrial sliding doors, high ceilings, and efficient functionality for various business operations. The roof was recently replaced and remains under warranty. The property also includes convenient parking fronting the building, along with gated yard space on both sides, providing additional security and functionality for commercial activities.
Strategically situated in Kahului, the property offers excellent accessibility to major transportation routes, local businesses, Kahului Airport, and Kahului Harbor, making it a prime location for commercial use.

INVESTMENT HIGHLIGHTS
EASY TO MANAGE SINGLE TENANT ASSET – This fee simple property is fully leased to Safety Systems on a NNN basis, minimizing management responsibilities

STRONG UPSIDE POTENTIAL – Current in-place rents are significantly below market rents, presenting a value-add opportunity
FUTURE OWNER-USER OPPORTUNITY
The property offers the potential for owner occupancy once the current lease expires in 2030

FLEXIBLE REPOSITIONING OFFERING – The building can be demised into smaller units, allowing for multi-tenant leasing and increased income potential

PRIME CENTRAL LOCATION – Conveniently situated with easy access to surrounding businesses, Kahului Airport, and Kahului Harbor, enhancing connectivity and operational efficiency

Basic Facts

Purchase Type: Fee Simple Area: 18746 sq ft Lot size: 30003 sq ft Year built: 1972
Zoning: M-2

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Anthony Provenzano

  • Executive Vice President

Anthony Provenzano is an Executive Vice President with Cushman & Wakefield ChaneyBrooks, the oldest commercial real estate firm in Hawaii. Anthony is a top producer in the commercial real estate broker-age community and has earned several accolades for his success. Since Anthony joined Cushman & Wakefield ChaneyBrooks, he has consistently been the recipient of the Company’s #1 Broker of the Year award. With over 17 years of experience, he specializes in acquisitions and dispositions of commercial properties throughout the State of Hawaii. His in-depth knowledge of the Hawaii market has lead his clients to successfully complete transactions with a high level of certainty and confidence. Anthony has been successful in formulating strong relationships with owners, investors, developers and buyers of commercial real estate. His distinct expertise combined with his ability to clearly articulate market demands has lead him to represent a wide range of clients on an institutional, national and local level. Raised on Oahu, Anthony studied Finance with a focus on Real Estate at the University of Hawaii at Manoa Shidler College of Business. During his studies, Mr. Provenzano served on the Financial Management Association Board and continues his involvement as a mentor. Anthony holds a Hawaii Real Estate Broker’s license, as well as the Certified Commercial Investment Member (CCIM) designation where he previously served as Board President. He also recently was awarded his Society of Indus-trial And Office REALTORS® (SIOR) designation, a professional symbol of the highest level of knowledge, production and ethics in the real estate industry.

  • Licensed Real Estate Broker - State of Hawaii: RB-22101
  • Certified Commercial Investment Member (CCIM): Board Member, Past President (2017)
  • Society of Industrial and Office Realtors (SIOR): Member
This listing is located in Kahului, and is currently offered by Cushman & Wakefield ChaneyBrooks.