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99-877 Iwaena St,Aiea, HI,H...

Aloha Freight Forwarders Acquires Industrial Property In Aiea, HI From Anheuser-Busch InBev For $3M
SOLDIndustrial

Aloha Freight Forwarders Acquires Industrial Property In Aiea, HI From Anheuser-Busch InBev For $3M

99-877 Iwaena St,Aiea, HI,Hawaii

$3,000,000

$34/SF

Building Size

88,074 SF

Asset Type

Industrial

Closing

Mar 24, 2023

AI

An industrial property located at 99-877 Iwaena St in Aiea, HI, has been sold in a recent transaction. The property spans an area of 88,074 square feet and was sold for a price of $3,000,000, resulting in a per square foot cost of $34. The buyer in this transaction is Aloha Freight Forwarders, while the seller is Anheuser-Busch InBev. The deal was facilitated by CBRE brokers Trent Thoms & Alexander Kidani.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $3,000,000
  • Square Footage: 88,074
  • Price Per Square Foot: $34
  • Address: 99-877 Iwaena St, Aiea, HI
  • Buyer: Aloha Freight Forwarders
  • Seller: Anheuser-Busch InBev
  • Brokers: Trent Thoms & Alexander Kidani - CBRE

The involvement of CBRE brokers Trent Thoms & Alexander Kidani was essential in facilitating this transaction between Aloha Freight Forwarders and Anheuser-Busch InBev.

Players

Trent Thoms

CBRE

Broker

$3M

vol

1 deal

Broker
AI
Anheuser-Busch InBevSeller

Aiea Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93