320 Ohukai Road
1,036 Sq. Ft.
This is a bulk sale of the remaining 11 Developer's units at Kihe Commercial Plaza. Priced at only $210.77 per sq. ft. of gross leasable area. The sale includes 5 vacant units, 1 unit under contract on an Agreement of Sale and occupied by the buyer, and 5 units under lease. The vacant units will be delivered as a "white box", with final inspections, and the Seller will consider a lease-back of these 5 vacant units until leased to the first tenants. The sold unit is under a short-term Agreement of Sale for $325,000, and has been highly improved by the buyer, which adds to your security. The retail value of the 12 units is estimated at $3,575,000.
Located in the North Kihei area with easy access to all area of the island.
Posted: February 14, 2018 at 4:04 PM