4004 Rice Street
Fee Simple Owner-User Opportunity
Building
Summary
- ASKING PRICE $5,800,000
-
ADDRESS
4004 Rice Street
Lihue, HI 96766 - 2024 PROPERTY TAX $29,852.55
- TAX MAP KEY (4) 3-6-12-7
- TENURE Fee Simple
- BUILDING SIZE 18,200 SF
- LAND AREA 1.19 Acres
- OCCUPANCY 100%
- LEASE EXPIRATION Dec 2025
- YEAR BUILT 1976
- ZONING I-L
Investment Highlights
FEE SIMPLE OWNER-USER OPPORTUNITY – Buyer has the ability to occupy the property when the current lease expires at the end of 2025. Potential benefits include tax incentives, cost stability due to variable rental rates, and asset diversification.
SIGNIFICANT BARRIERS TO ENTRY - Due to lack of available land, no new construction, and high construction costs.
BUILDING FEATURES – A high-cube warehouse (+/- 20’ at its highest) with a store front area, additional mezzanine storage, private offices, conference room, and a dedicated restroom, making it ideal for diverse business needs.
ROLL-UP DOORS - Featuring nine (9) roll-up doors of varying heights, providing convenient drive-up access.
DEDICATED PARKING - Generous parking is available, with spaces both fronting and alongside the warehouse.
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