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1288 Ala Moana Blvd Honolulu, HI 96814

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For Sale
$31,000,000

Prime commercial condominium portfolio in Honolulu's vibrant Ward Village.

Property size:
35,333 SF

Property Features for 1288 Ala Moana Blvd

General Information

Standard status
Active
Size
35,333 SF

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Listing Contact
Matthew Bittick
Source: Cbre

Listing Agent: Matthew Bittick

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Honolulu Commercial Condominium Portfolio

This offering presents the opportunity to acquire a commercial condominium portfolio consisting of five separate commercial condominium units. The property is situated at the base of a luxury high-rise adjacent to Ward Village in Honolulu, in close proximity to Ala Moana Center. The units benefit from prime visibility and consistent foot traffic. The portfolio includes approximately 37,656 square feet of space with a reputable tenant mix. The property features a stable rent roll with a weighted average lease term (WALT) of 4.47 years (11.65 years from inception). The location is characterized by a blend of residential, commercial, and recreational spaces. Ward Village is a thriving neighborhood in Kaka'ako, known for its upscale dining, shopping, and cultural attractions. The property is located approximately 2 miles from Waikiki and approximately 1.5 miles from Downtown Honolulu. The ongoing development in Ward Village and Kaka'ako presents opportunities for future appreciation and demand for commercial space. The condominium portfolio has historically been consistently 100% occupied.
Location Intelligence

Current Use by Public Records

Ocean Investments, LLC Holding Company Magnolia White Couture ... Clothing & Fashion Store Jake & Ashley Condominium Complex PS Fortune Jade (Bike/Boat/Book/etc) Store Disctinctive Homes Hawaii ... Hardware & Home Improvement

Map

City
Honolulu
County
Honolulu
State
Hawaii
Longitude
-157.8499403
Latitude
21.2924008

FAQs

What type of property is this?
Retail space - Prime commercial condominium portfolio in Honolulu's vibrant Ward Village.
Where is this retail space located?
The property is located at 1288 Ala Moana Blvd Honolulu, HI.
What is the asking price?
The asking price for this property is $31,000,000.
What are key features of this property?
This property features: - Prime Location: Adjacent to Ward Village and close to Ala Moana Center, benefiting from high visibility and foot traffic.; - Stable Income Stream: Diversified tenant mix across approximately 37,656 square feet ensures a consistent and reliable income flow.; - High Credit Quality Tenants: Strong tenant credit ratings and operational history enhance the investment's financeability.
More about this property
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