Kapolei Business Park - Kapolei, Hawaii
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Kapolei Business Park — Phase 2

Property Description

Kapolei Business Park Phase 2 is a master planned 54-acre industrial park consisting of 24 fee simple industrial zoned lots.

The project is surrounded by a vast array of businesses, residential, shopping, dining and entertainment. In addition, Kapolei Business Park Phase 2 is conveniently located approximately 1.4 miles west of Kalaeloa Barbers Point Deep Draft Harbor, with services that include bulk product tug and barge service throughout the Hawaiian Islands, as well as the West Coast of the U.S. Mainland.

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Kapolei Business Park - Phase 2

Industrial or Business Friendly Ownership Benefits:

  • Backbone infrastructure for various utilities in place for users to connect to individual utility agencies (including, but not limited to, HECO, BWS, DPP-Wastewater, Telephone, CableTV, etc.)
  • Access provided to conduit that facilitates connection to fiber-optic and other high-speed data transmission lines.
  • Small business loan program available through HEDCO.
  • Variety of acquisition opportunities:
    • Fee simple ownership opportunity
    • Long-term master ground lease alternative
    • Build-to-suit with leaseback opportunity
    • Build-to-suit with ownership opportunity

Property Highlights

Fee Simple Tenure
Modern and Efficient Park Design
In a Designated Opportunity Zone
Adjacent to Kalaeloa Barbers Point Deep Draft Harbor
Surrounded by a Vast Array of Residential, Businesses and Jobs
Close Proximity to Shopping, Dining and Entertainment

Property Specifications

TMK 1-9-1-75: 067 (lot 11)
TMK 1-9-1-75: 071 (lot 16)
Area Kapolei, Oahu, Hawaii
Address 91-600 Kalaeloa Blvd., Kapolei, HI 96707
Zoning I-2 Intensive Industrial
Tenure Fee Simple
Opportunity Zone Property Overview

Opportunity Zone Property

Kapolei Business Park Phase 2 is located in a designated opportunity zone (census tract 85.02) allowing buyers the opportunity to utilize incentives including capital gains tax breaks.

Benefits to Investors:

Investors can defer tax on any prior gains invested in a Qualified Opportunity Fund (QOF) until the earlier of the date on which the investment in a QOF is sold or exchanged, or December 31, 2026. If the QOF investment is held for longer than 5 years, there is a 10% exclusion of the deferred gain. If held for more than 7 years, the 10% becomes 15%.

If the investor holds the investment in the Opportunity Fund for at least ten years, the investor is eligible for an increase in basis of the QOF investment equal to its fair market value on the date that the QOF investment is sold or exchanged.

Tempoary Deferral

Temporary Deferral

An investor can defer capital gains taxes until 2026 by putting/keeping unrealized gains in an Oportunity Fund.



Original amount of capital gains on which an investor has to pay is reduced by 10% if the Opportunity Fund is held for 5 years, and 15% if held for at least 7 years.



Any capital gains on investment made through the Opportunity Fund accrue tax-free as long as the investor holds them for at least 10 years.