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410 Atkinson Drive - Ala Moana Hotel Condominiums, Honolulu, HI

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410 Atkinson Drive - Ala Moana Hotel Condominiums

Honolulu, HI 96814 - Ala Moana-Kakaako MF Submarket


Property Type:Multi-Family Number of Units:1122 Status:Existing Year Built:1970
Stories:34 Building Size:774,590 SF Land Area:3.05 AC (132,858 SF)
For Sale Price:Condo (see detail) Price/Unit:For Sale Cap Rate:- GRM:-

Condos:This property has 1 condo for sale. The size of the for sale condo is 11,547 SF.
Parking:.29 Parking Spaces / 1,000 SF


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
882 SF
$60.00/SF/Yr
Vacant
Negotiable
Retail
 1st
3,594 SF
Negotiable
Vacant
Negotiable
Retail
 
11695808
11695803
Marketing Flyer Marketing Flyer  
Space Notes Space Notes  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
882 SF
$60.00/SF/Yr
Vacant
Negotiable
Retail
1st
3,594 SF
Negotiable
Vacant
Negotiable
Retail
Condos For Sale:
Floor
Suite
Unit SF
Price
Space Use
  1st
1A
11,547 SF
$3,100,000
Office
 
3234415
Marketing Flyer Marketing Flyer  


Floor
Suite
Unit SF
Price
Space Use
1st
1A
11,547 SF
$3,100,000
Office

Sale Notes:
Great add-on value potential! If it were tenanted at $2.50 psf per month NNN (below market) it could show a return in excess of 11%. Ideal for visitor attraction/ museum, dinner/ theater, entertainment showroom/ venue, restaurant/ caterer, nightclub, showroom, retail, use but office and most commercial uses, even maybe apartment uses

Highlights:
*High visibility attractive round building
* At two of the entrances to Waikiki, (5+ million visitors annually) with a shuttle between Ala Moana and Waikiki every 10 minutes, 7 days week 9 am to 10 pm
* parking--a walkway bridge with legal easement connects 2nd level Ala Moana Center parking to this site
* large kitchen, seating capacity now 399, has held 800 as music venue
* high growth local demographic. Population will grow at 7.2% by 2020 within 3 mile radius to 235,384. Nearby one of densest residential areas and $billions of new development approved.
No better location! part of and adjoining the 1176 room Ala Moana Hotel, opposite the Hawaii Convention Center
* At 1 of the 4 corners of the world's largest outdoor shopping center, Ala Moana Center (42 million annual visitors) and at two entrances to sought after Waikiki, within a block from the high demand Kapiolani corridor, two blocks from the possible Ala Moana Rail Station, and will attract both visitor and local markets, with the local demographic expected to grow 7.2% between 2015 and 2020


Pacific Property Group, Inc.
Jo McGarry Curran
(808) 592-0200


William Crowe Commercial Real Estate
William Crowe
(808) 396-8410


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