Highlights

• Rare opportunity for a big box in Central Honolulu
• Great visibility along Nimitz Highway
• Over 63,000 cars pass by the property daily

• Favorable ground lease with amenable lessor
• Nearby Costco's #1 store in the country

Description

The Property contains a two-story building consisting of approximately 83,178 square feet of rentable area and 131 parking stalls. Additionally the building has 17-foot and 8-foot roll up doors. The building can be demised into smaller spaces ranging from 20,000 to 83,000 square feet. There are 77 existing/new parking stalls on the ground floor, 54 existing stalls on the second floor and an additional 85 parking stalls are available.

The Property is located in a highly desirable location with excellent visibility on Nimitz Highway, one of the major roadways through urban Honolulu, making it easily accessible from Downtown Honolulu, Waikiki, and the Airport area. Over 63,000 cars pass by the property daily. The Property is situated in the Iwilei District, an area that has transitioned from industrial use into the heart of the urban core's big box retail district. Nearby retailers include Best Buy, Costco, Home Depot, Kmart, City Mill, USA Baby, and Regal Cinemas. To the south of the property is Honolulu's waterfront district, home to Aloha Tower Marketplace, cruise ship ports, Hawaii's commercial fishing village and Honolulu's primary shipping port, known as Honolulu Harbor.