Cushman & Wakefield ChaneyBrooks is pleased to present an excellent opportunity to purchase an industrial complex with a stable cash flow from long term tenancy and historically high occupancy. Located in Waimea, on the north-western side of the Big Island of Hawaii, Kawaihae Industrial Center consists of three (3) buildings plus restrooms for a total of approximately 53,113 SF of building area.
Building A has eight (8) 1750-SF bays for a total of 14,000 SF of leasable area. Building B nine (9) 1875-SF bays totaling 16,875 SF. Building C is 16,162 SF within eight (8) 1875-SF bays, except C1 being 3,037 SF. Most bays have one (1) roll-up door. B1 has both a dock high and grade level door. Buildings A and C have grade level doors. Building B has dock high doors. Several of the spaces have desirable features including ocean views, high cube ceilings, or cold storage space.
Current ownership has made recent improvements to the property including installing three (3) new septic tanks within the last year (there are a total of 4 tanks on-site), new asphalt over new base coat of rock for the driveway and parking lot by upper Building B, and patching of all roofs with no reports of leaks.
The property is located just off the major thoroughfare with visibility from Kawaihae-Mahukona Road/Akoni Pule Highway.