Historical Retail Sale Listing - Local Motion Waikiki Building (FS)

Retail For Sale

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Local Motion Waikiki Building (FS)

1958 Kalakaua Avenue, Honolulu, HI 96815

N/A

9,566 SF | Retail

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Retail Property - Off Market

Price:
N/A
Building Size:
9,566 SF
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Additional Sub-types:
Street Retail
Property Use Type:
Investment
No. Stories:
2
Tenancy:
Multiple
Year Built:
1998
Lot Size:
18,861 SF
APN / Parcel ID:
1-2-6-14-1
Listing ID
14781411
Last Updated
over 1 year ago

Highlights

  • Sale/leaseback opportunity with upside potential
  • Located at the prime intersection in Waikiki
  • Excellent street frontage and visibility on Kalakaua Avenue
  • Over 29,267 visitor accommodation units are located within Waikiki
  • High pedestrian street count

Description

- Flagship location of Local Motion, Inc., one of Hawaii's established lifestyle retailers

- High visibility and brand recognition on Kalakaua Avenue, Waikiki's main thoroughfare and premier retail corridor

- Two-story free standing building

- 100% occupied

- Built in 1998

- At-grade parking lot with 16 stalls

- Situated at the entrance to Waikiki's vibrant marketplace

- More than 29,000 visitor accommodation units in Waikiki providing for high pedestrian count

- Kalakaua Avenue retail market enjoys high sales levels and rents with upscale, luxury goods shops such as Tiffany, Coach, Cartier, Hermes, Fendi, Chanel and Louis Vuitton

- Significant revitalization and renovation of Waikiki core retail inventory has led to increase in rental rates

Map of 1958 Kalakaua Avenue, Honolulu, HI 96815 (Honolulu County)

Research for 1958 Kalakaua Avenue, Honolulu, HI 96815 (Honolulu County)

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Created 9/5/2006