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99-870 Iwaena St

15,123 SF Vacant Industrial Building Aiea, HI 96701 £549,087 (£36/SF)

Investment Highlights

  • Easy access from Iwaena; near H2 and H3 Freeways
  • Two warehouse spaces plus a mezzanine office
  • Under 15 minutes to Daniel K. Inouye International Airport and downtown
  • Ideal for owner-occupants; potential for renting part of the space

Executive Summary

CBRE, Inc. is delighted to present an exceptional opportunity to acquire leasehold or lease an industrial space located at 99-870 Iwaena Road in the renowned Halawa Industrial Complex of Aiea, Oahu. This property boasts convenient street access just off of Iwaena, and its strategic location adjacent to both the H2 and H3 Freeways ensures excellent commute times. It takes less than 15 minutes to reach Daniel K. Inouye International Airport and downtown, making this warehouse space incredibly accessible. With its 2 warehouse spaces and a mezzanine office space, this property is perfectly suited for owner occupants who also wish to capitalize on the option of renting out a part of the premises. This remarkable opportunity offers a winning combination of prime location, versatile space, and tremendous potential for investors and businesses alike. The ground lease terminates December 31, 2034, and is fixed through December 31, 2029.

Property Facts

Price £549,087
Price Per SF £36
Sale Type Investment or Owner User
Sale Conditions Ground Lease Sold
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.46 AC
Rentable Building Area 15,123 SF
Number of Floors 2
Year Built 1983
Parking Ratio 1.19/1,000 SF
Clear Ceiling Height 32 ft
Level Access Doors 3

Amenities

  • Signage
  • Storage Space

Utilities

  • Water - County

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl - A
  • 10,123 SF
  • Industrial
  • Full Build-Out
  • Now

21 ft clear height for the ground floor 11 ft clear height for office

  • Mezzanine - B
  • 5,000 SF
  • Industrial
  • Shell Space
  • Now

32 ft clear height

Space Size Space Use Condition Available
1st Fl - A 10,123 SF Industrial Full Build-Out Now
Mezzanine - B 5,000 SF Industrial Shell Space Now

1st Fl - A

Size
10,123 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

Mezzanine - B

Size
5,000 SF
Space Use
Industrial
Condition
Shell Space
Available
Now

1st Fl - A

Size 10,123 SF
Space Use Industrial
Condition Full Build-Out
Available Now

21 ft clear height for the ground floor 11 ft clear height for office

Mezzanine - B

Size 5,000 SF
Space Use Industrial
Condition Shell Space
Available Now

32 ft clear height

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-9-9-072-007-0000
Land Assessment
£979,728
Improvements Assessment
£805,981
Total Assessment
£1,785,709

zoning

Zoning Code 4-Industrial (Industrial)
4-Industrial (Industrial)
  • Listing ID: 32723777

  • Date on Market: 07/08/2024

  • Last Updated:

  • Address: 99-870 Iwaena St, Aiea, HI 96701

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