401 Kamakee St - Office FOR SALE


Honolulu, HI 96814- Ala Moana-Kakaako | 
$20,180,000 USD
808-781-7993
401 Kamakee St, Honolulu, HI for Sale
$20,180,000 USD
Office - FOR SALE
1/33
null | 5.77% Cap Rate

401 Kamakee St
Honolulu, HI 96814
Ala Moana-Kakaako


HIGHLIGHTS

  • Location! Location! Location!
  • High visiblitly, great traffic flow, easy access, Highly desirable area,
  • Fully updated & renovated Building
  • Strong rents, great Tenants
  • Across from Wholefoods, luxury condo's, Corner lot of Queen and Kamakee
  • 40 Parking stalls ON SITE, Plus free legal parking at Wholefoods 4th and 5th level, and low cost Tenant paid parking options

OVERVIEW

Rare opportunity to invest in this perfectly situated four story property across Wholefoods. All major improvements have already been achieved including a $120K overall component upgrade to the elevator last year plus all units in the building have gone through remodeling improvements through the years. Strong management and yearly upkeep has kept the building current. With all the demolition in the area of past office buildings to build condos has made this building demand sore. Right now we have a waiting list to get into the building meeting the needs for office and retail space for the area gaining impressive rents. Along with being fully occupied with controlled expenses, lower CAM rates, easy access, high traffic exposure, walkability, and just overall performance by fitting the needs of the area, makes this property a rare gem on the Island. A must see to believe. See Fact sheet/Brochure for more information.

FOR SALE DETAILS

PRICE

$20,180,000 USD

PRICE/SF

$884 USD /SF

CAP RATE

5.77%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Nalu Lani Plaza

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

HCDA

APN/PARCEL ID

1-2-3-004-029-0000

ASK ABOUT THIS PROPERTY

Jeremy LongJER RealtyMore Info
808-781-7993

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Jeremy LongJER RealtyMore Info
808-781-7993

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