Cushman & Wakefield ChaneyBrooks is pleased to offer for sale the leased fee interest in the West Hawaii Today building, located at 75-5580 Kuakini Highway, Kailua-Kona, on the island and State of Hawaii. The 2.54-acre corner site has street frontage along the major thoroughfare, Kuakini Highway and Kona Bay Drive. The single-story building is approximately 24,676 square feet of gross building area and is currently used as a publishing office and industrial printing facility for West Hawaii Today, a daily broadsheet newspaper and the main source of local news to the West Hawaii community. The surface parking lot contains 66 parking stalls, including 2 ADA stalls.

INVESTMENT HIGHLIGHTS
STABLE CASH FLOW FROM STRONG CREDIT TENANT
The Property is ground leased to Oahu Publications Inc., a subsidiary of Black Press, the Canadian publishing company. The site is home to West Hawaii Today, the main source of local news to the West Hawaii community, also providing national and international coverage.

SINGLE TENANT NNN LEASE
This investment is a highly coveted single tenant, net leased opportunity thereby minimizing the owner’s management and oversight. The asset is leased through October 2036.

CONVENIENT CORNER LOCATION ON HIGHLY TRAVELED ROAD
The West Hawaii Today building is located on the corner of Kuakini Highway and Kona Bay Drive, among the residential and densely populated resort trade areas with high income demographics. The property is located just outside of Downtown Kona, across the street from the new Kona Brewing development.