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DEVELOPMENT OPPORTUNITY Kuala Street, Pearl City Pearl City Land FOR SALE :: Fee Simple :: 6.7 acres

Pearl City Land Fact Sheet.indd

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Page 1: Pearl City Land Fact Sheet.indd

D E V E L O P M E N T O P P O R T U N I T YKuala Street, Pearl City

Pearl City LandFOR SALE :: Fee Simple :: 6.7 acres

Page 2: Pearl City Land Fact Sheet.indd

PROPERTY DESCRIPTIONLocated in Pearl City, the Property is located on Kuala Street, off Waimano Home Road to the east and Kamehameha Highway to the South. Th e Property consists of approximately 6.7 acres of vacant land, zoned IMX-1 Industrial-400, which allows for a number of diff erent uses and options. Th is fee simple parcel for sale is a tremen-dous development opportunity for various types of users.

AREA HIGHLIGHTSOver the last decade, Pearl City has seen tremendous growth in retail. In 2000, the only major retail that existed was Pearl Highlands Cen-ter, a 410,000 square foot center, home to Sam’s Club and Regal Th e-aters, and Pearl City Shopping Center, a 250,000 square foot center, home to Foodland and Don Quijote. Over the last 10 years, two big box retailers penetrated the market - Wal-Mart (along with a Sam’s Club gas facility) and Home Depot, as well as two storage facilities, Public Storage and Lock Up Self Storage. In addition to these retail-ers, two additional retail centers have been constructed - Pearl City Gateway, a 150,000 square foot center anchored by Petco, Longs Drugs, and Babies R Us, and Pearl City Shops, a 15,000 square foot strip center off ering a number of national and local food eateries.

PROPERTY INFORMATION

Location: Kuala Street Pearl City, HI 96782

TMK: (1) 9-7-24-55

Lot Size: Approximately 6.7 acres

Zoning: IMX-1 Industrial-400

Terms: $75 psf**Ground Leases and Build-to-Suits Available

Tenure: Fee Simple

Pearl City LandDEVELOPMENT OPPORTUNITY

Page 3: Pearl City Land Fact Sheet.indd

Kuala Street, Pearl City

218,882

16,706

2010 Estimated Population

2015 Projected Population

2010 Estimated Median Age

2010 Estimated Avg. Household Income

16,818 104,091

104,748 221,674

42.71 38.76 36.71

$83,679 $94,227 $96,876

DEMOGRAPHICS 1 MILE 3 MILE 5 MILE

Page 4: Pearl City Land Fact Sheet.indd

For information, contact:

Blue Rock Partners, LLC223 S. King St, Ste 200 | Honolulu, HI 96813

T: (808) 533-2583 (BLUE) | F: (808) 369-8669

Fred M. Noa (S)T 808.533.2583 x 101

[email protected]

Anthony J. Hunt (B)T 808.533.2583 x 102

[email protected]

© 2012 Blue Rock Partners, LLC. Th e information contained in this document has been obtained from sources believed reliable. While Blue Rock Partners, LLC does not doubt its accuracy, Blue Rock Partners, LLC has not verifi ed it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confi rm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. Th e value of this transaction to you depends on tax and other factors which should be evaluated by your tax, fi nancial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Th e Blue Rock Partners logo is a service mark of Blue Rock Partners, LLC and/or its affi liated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. All marks displayed on this document are the property of their respective owners. ADT on Kuala Street is a 2011 estimate.