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365 Hanakai St

Kahului, HI 96732
  • $2,550,000
  • STATUS: Closed
  • ON SITE: 356 Days
  • MLS #: 401990
Sold - 08/01/2024
$2,550,000
SOLD - 08/01/2024
  • 0
    BEDS
  • 0.69
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Area:
Land Tenure:
Fee Simple

School Ratings & Info

Listing provided courtesy of Commercial Prop of Maui LLC: .





Description

An opportunity to purchase a single tenant absolute triple net (NNN) leased asset with a corporate backed lease in Kahului, Maui, Hawaii. The tenant, Airgas USA, is a leading U.S. supplier of industrial, medical and specialty gases, as well as hard goods and related products. PROPERTY HIGHLIGHTS: M-2 Heavy Industrial zoning allows multiple categories of use (heavy industrial, light industrial, office, retail, business) / Single tenant NNN lease with stable cash flows for another six years remaining on the lease. / Current rent is below market, offering an investor the opportunity to move to market rents in 6 years. / Excess land area / Prime location near the harbor, airport, major service areas. / Building Area - 7,200 SF warehouse + 2,100 SF shed.

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This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure. Copyright, 1995-2025, REALTORS® Association of Maui, Inc. All Rights Reserved. Data last updated: 2025-04-21T07:06:08.483.
maui.thespeichergroup.com/homes/150017644
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365 Hanakai St Kahului, HI 96732

  • Price: $2,550,000
  • Status: Closed
  • On Site: 356 Days
  • Updated: 46 min ago
  • MLS #: 401990
0
Beds
0
Baths
0
½ Baths
0.69
Acres
Neighborhood:
Kahului
Area:
Kahului
Property Description
An opportunity to purchase a single tenant absolute triple net (NNN) leased asset with a corporate backed lease in Kahului, Maui, Hawaii. The tenant, Airgas USA, is a leading U.S. supplier of industrial, medical and specialty gases, as well as hard goods and related products. PROPERTY HIGHLIGHTS: M-2 Heavy Industrial zoning allows multiple categories of use (heavy industrial, light industrial, office, retail, business) / Single tenant NNN lease with stable cash flows for another six years remaining on the lease. / Current rent is below market, offering an investor the opportunity to move to market rents in 6 years. / Excess land area / Prime location near the harbor, airport, major service areas. / Building Area - 7,200 SF warehouse + 2,100 SF shed.
Exterior Features

View Mountain(s) View YN Yes Waterfront Features None Waterfront YN No

Interior Features

Cooling YN No

Property Features

Land Tenure Fee Simple Partial Ownership No Potential Short Sale No Property Sub Type Commercial-For Sale State Zoning Commercial Urban Zone 3 Zoning M-2 Zoning Description Heavy Industrial

Listing provided courtesy of Commercial Prop of Maui LLC: .
Listing information © 2025 REALTORS® Association of Maui, Inc.
This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure. Copyright, 1995-2025, REALTORS® Association of Maui, Inc. All Rights Reserved. Data last updated: 2025-04-21T07:06:08.483.
 
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Speicher Group | Coldwell Banker Island Properties
700 Office Road
Lahaina HI, 96761
Listing provided courtesy of Commercial Prop of Maui LLC: .