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Hokua Commercial Condominium Portfolio 5 Condos in Honolulu, HI
INVESTMENT HIGHLIGHTS
- UNIQUE INVESTMENT OPPORTUNITY: Acquire multiple commercial condominium units in Hawaii's most important retail corridors
- HIGH CREDIT QUALITY: The investment boasts a highly financeable profile, supported by tenants with strong credit ratings and solid operational history
- GROWTH POTENTIAL: The ongoing development in Ward Village and Kaka'ako presents opportunities for future appreciation and demand for commercial space
- DIVERSIFIED TENANT MIX ENSURES STABLE INCOME STREAM: The offering includes approximately 37,656 square feet of space with a reputable tenant mix
- STABLE RENT ROLL: The property features a stable rent roll with a strong weighted average lease term WALT at 4.47 years (11.65 years from inception)
- HIGH DEMAND: There is a high demand for class A office in this location. Historically, this condominium portfolio has been consistently 100% occupied.
EXECUTIVE SUMMARY
CBRE Capital Markets is pleased to present an exceptional opportunity to acquire the Hokua commercial condominium portfolio - five separate commercial condominium units located at Hokua (the “Property”) adjacent to the vibrant Ward Village, Honolulu.
Situated at the base of a luxury high-rise and in close proximity to Ala Moana Center, these commercial units combine prime visibility, consistent foot traffic, and strong long-term value. This offering represents a rare chance to invest in a high-quality, leased investment within one of Hawaii’s most significant commercial and high-density residential development commercial corridors.
Hokua is a premier mixed-use development situated adjacent to Ward Village, a master-planned community known for its modern urban living and retail experiences. The property features contemporary architecture and is strategically positioned to benefit from the area’s ongoing growth and revitalization.
Within the immediate area, Ward Village is a thriving neighborhood in Kaka'ako, renowned for its upscale dining, shopping, and cultural attractions. Hokua is also conveniently located close to Ala Moana Center, Hawaii's largest open-air shopping mall with a diverse tenant mix. The proximity to Waikiki (approximately 2 miles) and Downtown Honolulu (approximately 1.5 miles) enhances the appeal of this location, drawing both local and tourist foot traffic. The area is characterized by a blend of residential, commercial, and recreational spaces, making it a desirable destination for businesses and consumers alike.
Situated at the base of a luxury high-rise and in close proximity to Ala Moana Center, these commercial units combine prime visibility, consistent foot traffic, and strong long-term value. This offering represents a rare chance to invest in a high-quality, leased investment within one of Hawaii’s most significant commercial and high-density residential development commercial corridors.
Hokua is a premier mixed-use development situated adjacent to Ward Village, a master-planned community known for its modern urban living and retail experiences. The property features contemporary architecture and is strategically positioned to benefit from the area’s ongoing growth and revitalization.
Within the immediate area, Ward Village is a thriving neighborhood in Kaka'ako, renowned for its upscale dining, shopping, and cultural attractions. Hokua is also conveniently located close to Ala Moana Center, Hawaii's largest open-air shopping mall with a diverse tenant mix. The proximity to Waikiki (approximately 2 miles) and Downtown Honolulu (approximately 1.5 miles) enhances the appeal of this location, drawing both local and tourist foot traffic. The area is characterized by a blend of residential, commercial, and recreational spaces, making it a desirable destination for businesses and consumers alike.
PROPERTY FACTS
| Sale Type | Investment or Owner User | Individually For Sale | 0 |
| Status | Active | Total Building Size | 32,822 SF |
| Number of Properties | 5 |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 32,822 SF |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Hokua
1288 Ala Moana Blvd, 2nd Floor - Unit Apt 4, Honolulu, HI 96814 |
Office Condo | 9,681 SF | 2004 | - |
|
Hokua
1288 Ala Moana Blvd, 2nd Floor - Unit Apt 5, Honolulu, HI 96814 |
Office Condo | 7,694 SF | 2004 | - |
|
Hokua
1288 Ala Moana Blvd, 1st Floor - Unit Apt 1, Honolulu, HI 96814 |
Office/Retail Condo | 8,945 SF | 2004 | - |
|
Hokua
1288 Ala Moana Blvd, 1st Floor - Unit Apt 3, Honolulu, HI 96814 |
Office/Retail Condo | 4,002 SF | 2004 | - |
|
Hokua
1288 Ala Moana Blvd, 1st Floor - Unit Apt 2, Honolulu, HI 96814 |
Office/Retail Condo | 2,500 SF | 2004 | - |
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Hokua Commercial Condominium Portfolio
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