Listings/Kalihi - Palama/1010 Kaili Street
1010 Kaili Street — photo 1 of 9
Industrial · Multi-Family · RetailFor Sale
Kalihi - Palama
$6,800,000
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Overview

1010 Kaili Street

1010 Kaili Street, Honolulu, HI, USA

INVESTMENT HIGHLIGHTS
Stable Cash Flow from Long Term Ground Lease: The property is backed by a long-term ground lease through April 30, 2052, with Daisy Global Trading Co.

Easy-To-Manage NNN Investment: This NNN opportunity requires minimal oversight, as the ground lessee is responsible for most property expenses, including property taxes, insurance, and maintenance.

Property Improvements: The site is improved with (i) a 10,688-square-foot supermarket building with warehouse, (ii) a 3,500-square-foot retail building, and (iii) a 1,924-square-foot apartment building.

Signalized Corner Lot with Multiple Frontages & Access Points: This 24,760-square-foot corner site features street frontages along N. King, Kaili, and Hani Streets and multiple ingress/egress points from N. King, Kaili, and Hani Streets, facilitating convenient access and visibility.

Transit-Oriented Development (TOD) Zone: Situated within the Kalihi Transit-Oriented Development plan area, the property benefits from initiatives aimed at enhancing urban living through improved public transportation, increased walkability, and mixed-use developments.

Convenient Access Near Customer Base: The site offers easy access to the H-1 Freeway, ensuring seamless connectivity across Honolulu. Additionally, its proximity to established residential neighborhoods enhances customer traffic and workforce accessibility.

Key facts
Price$6,800,000
OfferingFor Sale
Property typeIndustrial / Multi-Family / Retail
Building size17,753 sq ft
Lot size0.57 acres
ZoningBMX-3
Year built1963
TenureFee Simple
NeighborhoodKalihi - Palama
Listing Contact
Location

Kalihi - Palama

1010 Kaili Street, Honolulu, HI, USAOpen in Google Maps →
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