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535 Lipoa Pky
Kihei, HI 96753

Price Upon Request

Office For Sale  •  47,362 SF

Property Details

  • Property Type Office
  • Total Building Size 47,732 SF
  • Lot Size 2.81 AC
  • Building Class A
  • Year Built 1991
  • Tenancy Multiple
  • Zoning MRTP, Maui
0 Transit Score
33 Walk Score

Highlights

NET LEASED CLASS A OFFICE INVESTMENT - A net leased multi-tenant investment opportunity with lease security and excellent WALT.
BELOW MARKET RENTS - The net rents are 13% below market offering an investors an exceptional mark-to-market opportunity when leases rollover.
HIGH BARRIERS TO ENTRY - Limited commercial zoned land, extended entitlement process, and high construction costs.
STABLE IN-PLACE CASH FLOW - The property is currently 97.5% leased to a diverse tenant mix.
RARE MAUI OFFICE OPPORTUNITY - One of the few institutional quality, multi-tenant office buildings in Maui.
RESILIENT SUBMARKET - Kihei’s commercial inventory remains tight with very low office vacancy rates and limited to no future supply.

Property Flyers

Amenities

  • Food Court
  • Food Service
  • Golf Course
  • Property Manager on Site
  • Restaurant
  • Security System
  • Signage
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Kahului 27 min - 13.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 153
Type: Surface
Included in Rent: Yes
Matthew Bittick 808-521-1200 CBRE, Inc.
Matthew Bittick 808-521-1200 CBRE, Inc.