69 Railroad Ave
Hilo, HI

$5,000,000 USD

Industrial For Sale • 48,555 SF

2 Properties View all

Property Details

Property Type Industrial

20 Transit Score

50 Walk Score

                
                    Highlights
                
                                Stable Case Flow: Diversity amongst the 12 tenants adds stability and risk mitigation
                            
                                Rent Growth: Project rents are 20% lower than current market rents allowing for immediate rent growth on renewals
                            
                                Strategic Location: Situated in the heart of Hilo’s industrial market, minutes from Hilo International Airport and the Port of Hilo
                            
                                Finance Options Available: With 22-years of known rent term, financing options are available for investors
                            
                                Favorable Landlord Market Conditions: Hilo’s industrial market boasts a 0.67% vacancy, providing limited options for tenants in the market