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Paa Street For Sale in Leasehold 2886 Paa St

13,350 SF Industrial Building Honolulu, HI 96819 £1,568,820 (£118/SF) 1.98% Net Initial Yield

Investment Highlights

  • Potentially Owner-User for a High End Car Dealership

Executive Summary

Purchase Price $2,000,000.00 SEE FLYER'S.
Owner user to use: Additional surrounding yard area for the staging of trucks or Car Sales
Address 2886 Paa Street Honolulu Hawaii 96819
TMK: (I) 1-1-7: Parcel 40
Zoning B-2, Business Community
Land Area 60,023 Square Feet
Building Area 16,000 Square Feet
Parking Stalls 35+
Driver Ins (2) 8’ x 10’
Ceiling Height 14’ at Eaves
24’ at Center
Two Sublease Tenant's Term upon request per Exhibit A attached
Master Lease Expiration 11/14/2043
Current Ground rent information is upon request

Property Facts

Price £1,568,820
Price Per SF £118
Sale Type Investment or Owner User
Net Initial Yield 1.98%
Sale Conditions Ground Lease Sold
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Auto Dealership
  • General Retail TruckStop
  • Industrial Service
Building Class C
Lot Size 1.38 AC
Rentable Building Area 13,350 SF
Number of Floors 1
Year Built 1970
Tenancy Single
Parking Ratio 6.54/1,000 SF
Clear Ceiling Height 25 ft
Level Access Doors 3

Amenities

  • Fenced Lot
  • Freezer (Space)
  • Signage
  • Storage Space

Utilities

  • Lighting
  • Gas - Natural
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-1-1-007-040-0000
Land Assessment
£6,522,683
Improvements Assessment
£526,731
Total Assessment
£7,049,414

zoning

Zoning Code B-2 (Business Zoined as an Automotive Center Distributions trucking or Car Dealership.)
B-2 (Business Zoined as an Automotive Center Distributions trucking or Car Dealership.)
  • Listing ID: 32776921

  • Date on Market: 12/08/2024

  • Last Updated:

  • Address: 2886 Paa St, Honolulu, HI 96819

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