Kapolei Spectrum Business Park - Phase I

Kapolei Spectrum Phase I » Property Information

Property Information

Kapolei Spectrum Business Park is a commercial/industrial business park located in the newly developed Kapolei Business Park on the west side of Oahu. With construction completed in the 1st quarter of 2007, the Park is already 50% sold and 30% leased.

Kapolei Spectrum Business Park is designed to fill the void for industrial space on Oahu due to current low vacancy rates and the lack of fee simple industrial land available for development. With the explosive growth of the Kapolei area, the project will meet the growing space demand from small to mid-size businesses and provide them the opportunity to get into an ownership position, or a space lease direct with the developer, Low Archibald Real Estate Group.

The Park represents the most contemporary industrial product to exist in Hawaii’s industrial market to-date. The project is a 100,501 square foot industrial park comprised of ten, one-story concrete, steel and glass structures. Divisible into 39 individual condominium apartments ranging in size from 1,299 square feet to 16,216 square feet, the project is a worthwhile investment for owner-users or private investors, as well as an opportunity for tenants to lease a brand new building. The Park includes wide roadways and extensive perimeter landscaping. There will also be access to sewer and underground utility and conduit systems and generous on-site parking.

Unique to Kapolei Spectrum Business Park is the ability of a small business to acquire either a single unit or a small building that will meet its specific space requirements. The project is designed in a multi-building format which allows a mid-size business to acquire an entire building, thus preserving a separate identify with no common walls to adjoining owners.

For smaller businesses, the opportunity to lease or own in fee simple has not been available in the Kapolei region without having to acquire a much larger parcel than actually needed. Smaller units permit small business owners to preserve precious capital for operations and growth. Never before within the Kapolei region has there been a fee simple project designed that offered high quality concrete construction, combined with such economic utility. That is, until Kapolei Spectrum Business Park.

Features include:

• 16 to 18 foot high ceilings
• Glass storefront
• Rear accessible grade-level roll-up doors
• Common area loading docks
• Individual HVAC units

Advantages of owning a commercial/industrial condominium in the Park include:

• Unique opportunity to own a business condominium in a high image business park
• Once in a lifetime opportunity to own real estate in one of Oahu’s most coveted neighborhoods
• Premium industrial space at a value price
• Controlled, secure, master-planned upscale property
• Class “A” business/industrial condominiums
• Earn equity in quality commercial real estate.