1010 Kaili Street

Highlights

• Convenient Access Near Customer Base The site offers easy access to the H-1 Freeway, ensuring seamless connectivity across Honolulu. Additionally, its proximity to established residential neighborhoods enhances customer traffic and workforce accessibility.
• Easy-To-Manage NNN Investment This NNN opportunity requires minimal oversight, as the ground lessee is responsible for most property expenses, including property taxes, insurance, and maintenance.
• Property Improvements The site is improved with (i) a 10,688-square-foot supermarket building with warehouse, (ii) a 3,500-square-foot retail building, and (iii) a 1,924-square-foot apartment building.
• Signalized Corner Lot with Multiple Frontages & Access Points This 24,760-square-foot corner site features street frontages along N. King, Kaili, and Hani Streets and multiple ingress/egress points from N. King, Kaili, and Hani Streets, facilitating convenient access and visibility.
• Stable Cash Flow from Long Term Ground Lease The property is backed by a long-term ground lease through April 30, 2052, with Daisy Global Trading Co.
• Transit-Oriented Development (TOD) Zone Situated within the Kalihi Transit-Oriented Development plan area, the property benefits from initiatives aimed at enhancing urban living through improved public transportation, increased walkability, and mixed-use developments.

Location

Located at 1010 Kaili Street, Honolulu, HI 96819, this property is part of the Lower - Kalihi neighborhood and Honolulu market.