PROPERTY DESCRIPTION
Located at 441 Alamaha Street, Kahului, HI 96732, this property is leased to Safety Systems & Signs Hawaii, providing safety and traffic control rentals, sales and service to businesses and individuals within the state of Hawaii. The building features a versatile layout, including office space, warehouse, retail showroom, mezzanine, kitchenette, and restrooms. It is further enhanced by four (4) industrial sliding doors, high ceilings, and efficient functionality for various business operations. The roof was recently replaced and remains under warranty. The property also includes convenient parking fronting the building, along with gated yard space on both sides, providing additional security and functionality for commercial activities.
Strategically situated in Kahului, the property offers excellent accessibility to major transportation routes, local businesses, Kahului Airport, and Kahului Harbor, making it a prime location for commercial use.
INVESTMENT HIGHLIGHTS
EASY TO MANAGE SINGLE TENANT ASSET – This fee simple property is fully leased to Safety Systems on a NNN basis, minimizing management responsibilities
STRONG UPSIDE POTENTIAL – Current in-place rents are significantly below market rents, presenting a value-add opportunity
FUTURE OWNER-USER OPPORTUNITY
The property offers the potential for owner occupancy once the current lease expires in 2030
FLEXIBLE REPOSITIONING OFFERING – The building can be demised into smaller units, allowing for multi-tenant leasing and increased income potential
PRIME CENTRAL LOCATION – Conveniently situated with easy access to surrounding businesses, Kahului Airport, and Kahului Harbor, enhancing connectivity and operational efficiency