808-375-9708
1580 Makaloa St, Honolulu, HI for Sale
Office - FOR SALE
1/20
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1580 Makaloa St
Honolulu, HI 96814
Ala Moana-Kakaako


HIGHLIGHTS

  • Below Replacement Cost Acquisition
  • Thriving Suburban Office Market
  • Diverse Tenant Mix & Strong Cash Flow
  • Owner-User Potential

OVERVIEW

Kapiolani Business Plaza (KBP) is a fee-simple, 87,485 SF Class B office building located in the heart of Honolulu’s Ala Moana submarket. Built in 1979, this 12-story asset is well recognized in the market and features, a diverse mix of 60 tenants that provide stable cash flow and reduced revenue risk. With a historically high occupancy rate, there is an opportunity to further enhance revenue by leasing the remaining spaces which are close to move-in ready and available for build-out. The property benefits from a favorable parking ratio of 2.6 stalls per 1,000 SF, enhancing its appeal to tenants.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

14

BUILDING CLASS

B

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

236

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,700 SF

ZONING

AMX-3

APN/PARCEL ID

1-2-3-021-014-0000

ASK ABOUT THIS PROPERTY

Mark BrattonColliersMore Info
808-375-9708

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Mark BrattonColliersMore Info
808-375-9708

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.