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428 Kalihi St 4,380 SF Flex Building Honolulu, HI 96819 $18,000,000 ($4,109.59/SF)



Investment Highlights
- Industrial property offering added capacity for an established food business.
- Strategic industrial space complementing a turnkey food manufacturing facility.
- Well-positioned asset supporting Kukui Meats’ expanding operations.
Executive Summary
The offering provides an investor or strategic owner with the opportunity to acquire an integrated real estate and operating business platform, including specialized food-production infrastructure, cold and dry storage, manufacturing space, and an established operating business.
The flagship Hau Street property is a USDA Certified, turnkey commercial kitchen and food manufacturing facility featuring multiple food-grade manufacturing rooms, floor drains, three-compartment sinks connected to a multi-compartment grease interceptor, approximately 1,400 SF of high-cube freezer storage, 2,600 SF of high-cube dry storage, and 2,500 SF of second-floor production space, along with functional apartment living quarters. The property also includes 282 solar PV panels, providing an opportunity to offset electricity consumption.
The second industrial property provides additional operational capacity and real estate, further supporting Kukui Meats’ production, storage, distribution, and business operations.
Property Facts
| Price | $18,000,000 | Rentable Building Area | 4,380 SF |
| Price Per SF | $4,109.59 | No. Stories | 2 |
| Sale Type | Investment or Owner User | Year Built | 1997 |
| Property Type | Flex | Tenancy | Single |
| Building Class | C | Parking Ratio | 1.15/1,000 SF |
| Lot Size | 0.11 AC | Opportunity Zone |
Yes
|
| Zoning | IMX-1 - IMX-1 (Industrial Mixed Use) | ||
| Price | $18,000,000 |
| Price Per SF | $4,109.59 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 0.11 AC |
| Rentable Building Area | 4,380 SF |
| No. Stories | 2 |
| Year Built | 1997 |
| Tenancy | Single |
| Parking Ratio | 1.15/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | IMX-1 - IMX-1 (Industrial Mixed Use) |
Amenities
- Bus Line
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
With a legacy that dates back to 1982 and founded with a commitment to quality and tradition, Kukui Foods is a leading name in the meat processing industry, proudly serving local grocery stores with an extensive range of products. With passion for excellence, they specialize in premium meat processing, ensuring that their cuts meet the highest standards of flavor and freshness. But their dedication to quality extends beyond meat. They also offer a wide selection of confections, dry goods, and Korean liquors, providing a comprehensive one-stop solution for grocery stores, restaurants and customers island wide.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Retailer | - | - | - |
Property Taxes
| Parcel Number | 1-1-2-003-047-0000 | Improvements Assessment | $456,200 |
| Land Assessment | $1,500,000 | Total Assessment | $1,956,200 |
Property Taxes
Presented by
428 Kalihi St
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