2181 Kalakaua Ave
Honolulu, HI 96815
First Hawaiian Bank - Generational Asset · Hospitality Property For Sale
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11,417 SF
Executive Summary
The property consists of 11,417 square feet of prime retail space on Kalakaua Avenue, one of the most exclusive and vibrant Retail Streets in the world. The property is 100% leased to First Hawaiian Bank, which has occupied the premises for over 60 years, and is leased at $14.83 psf/mo. in an area that averages $35.00+ psf/mo. This provides an unparalleled opportunity to increase the rent to market level upon lease expiration. The site is located within Waikiki' s Luxury Row which features over 111,000 square feet of high end international retailers (Chanel, Gucci, Coach, Tiffany & Co., Bottega Veneta, etc.) Waikiki is the top Tourist destination in O' ahu, which served 5.46 million visitors in 2016, which is an increase of over 35% since 2009. The property is steps away from iconic landmarks such as the Royal Hawaiian Hotel, the International Marketplace and Waikiki Beach Walk.
Property Facts
| Property Type | Hospitality | Year Built/Renovated | 1967/2013 |
| Property Subtype | Hotel | Parking Ratio | 0.08/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 0.65 AC | APN / Parcel ID | 1-2-6-003-001-0003 |
| Building Size | 11,417 SF | Cross Streets | Lewers Street |
| No. Stories | 13 | ||
| Zoning | U/X6/20 - Hotel | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.65 AC |
| Building Size | 11,417 SF |
| No. Stories | 13 |
| Year Built/Renovated | 1967/2013 |
| Parking Ratio | 0.08/1,000 SF |
| Corridor | Interior |
| APN / Parcel ID | 1-2-6-003-001-0003 |
| Cross Streets | Lewers Street |
| Zoning | U/X6/20 - Hotel |
Amenities
- Balcony
- Business Center
- Fitness Center
- Pool
- Restaurant
- Room Service
- High Speed Internet Access
- Patio
- Time Share
- Public Access Wifi
- Fully-Equipped Kitchen
