415-264-5103
223 Saratoga Rd, Honolulu, HI for Rent

$120.00 USD /SF/yr

Retail - For Rent
1/3
5,570 SF | 1 Space

223 Saratoga Rd
Honolulu, HI 96815
Waikiki


HIGHLIGHTS

  • PRIME WAIKIKI LOCATION
  • STRONG RESTAURANT PERFORMANCE
  • WELL-LOCATED ASSET IN PREMIER TOURIST DESTINATION
  • RARE RESTAURANT OPPORTUNITY

OVERVIEW

Rarely available own restaurant opportunity for lease in the highly sought-after premier tourist destination of Waikiki, on the island of Oahu, Hawaii. The street level, ± 5,570 square foot condominium with ± 1,314 square foot lanai is located at the corner of Kalia Road and Beach Walk at the Ka La’i Waikiki Beach Hotel. Oahu and Waikiki boast world-class dining. Waikiki has historically had three restaurants doing well over $20M in sales, Wolfgang Steakhouse, The Cheesecake Factory, and Duke’s. In addition, of the 18 restaurants on Oahu which do over $10M in sales, 14 of these restaurants are in Waikiki. The newly rebranded Ka La’i Waikiki Beach is a 38-story, 462-room hotel and condos near Fort DeRussy Park marks the Hilton luxury brand’s first Oahu property. (The hotel itself is owned by Irongate and managed by LXR Hotels & Resorts.) The property has begun extensive renovations to reflect the new high-end aesthetics and will be the first time the property will be renovated since it originally opened in 2009. 223 Saratoga Road is a prime corner location, formerly occupied by BLT Steak, a short distance from 35,000 hotel rooms, Kalakaua Avenue and the Waikiki beach front.

RENTAL DETAILS

SPACE AVAILABLE

5,570 SF

# OF SPACES

1

RENT/MONTH

$55,700 USD /mo

RENT RATE (MO)

$10.00 USD /SF/mo

RENT RATE (YR)

$120.00 USD /SF/yr

LEASE TYPE

Triple Net

LEASE LENGTH

Negotiable

AVAILABLE

Now

BUILDING DETAILS

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

775,000 SF

BUILDING CLASS

A

YEAR BUILT

2009

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.1334 AC

LAND SF

49,370.991 SF

ZONING

u/x6/20

ASK ABOUT THIS PROPERTY

Kazuko MorganCushman & WakefieldMore Info
415-264-5103

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Kazuko MorganCushman & WakefieldMore Info
415-264-5103

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