HILO, HI
Big Island, Hawaii
long term ground lease
Tenant has a long term Macadamia Nut Purchase Contract with The Hershey Company, which has operations throughout the world and more than 12,000 employees. Hershey, with revenues of nearly $5 billion, controls more than 42% of the U.S. chocolate market and exports, markets, sells and distributes its products to more than 90 countries globally, according to information on Hershey's web site. Location facts: This property is located in Keaau, Hawaii, a primarily agricultural area that provides virtually all of Hawaii's Macadamia nuts, a $30 million plus per year crop value where 700 farms employ 4,000 workers. The area receives annual rainfall of 138 inches per year, which is required for macadamia nuts. Site location is immediately adjacent to the Mauna Loa processing facility, among 3,300 acres of Macadamia nut trees. Hilo is the most heavily populated area on the Big Island with 40,000 residents.
info@geyserholdings
