1331 Eha Street
Wailuku, HI 96793
12,920 Sq. Ft.
CBRE, Inc. has been retained by Owner as the exclusive marketing advisor for the recently constructed and nearly fully leased industrial investment opportunity located at Millyard Corner (the “Property”) Maui, Hawaii. This offering represents the opportunity to acquire a newly constructed multi-tenant industrial building, located in Central Maui in the Millyard Industrial submarket. Current improvements consist of one warehouse containing 12,960 square feet of leasable area with 3 tenants in place and remaining bays currently in negotiations. The property is situated on 0.77 acres of Fee Simple land in a market that is tremendously supply constrained with one of the lowest vacancy rates in the country at just 2.5%. The property is centrally located within minutes of the Kahului Harbor and the Kahului International Airport and is located on a main thoroughfare supporting 57,674 residents that live within three miles of the site. The M-2 (Heavy Industrial) zoning designation of the site provides the buyer to cater towards a variety of users under Maui County’s generous zoning laws. Millyard Corner is part of the greater Millyard Subdivision, the CC&R’s in place will ensure quality and consistency throughout the development.
Posted: July 23, 2018 at 10:41 PM