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    Cor Of Ala Moana Blvd & Forrest Ave Honolulu, HI 96813

    For Lease
    $6 SF/Yr

    Prime Honolulu Retail Space Available

    Lot size:
    119,888 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional Honolulu retail property, located at the corner of Ala Moana Boulevard and Forrest Avenue (APN 2-1-15-16, Honolulu County), offers a unique investment opportunity. The property boasts a total of 119,888 square feet of commercial space, zoned HCDA, and features multiple tenancies. Currently, there is 76,922 square feet of vacant space available, divisible into units ranging from a minimum of 14,309 square feet to a maximum contiguous space of 62,613 square feet. This prime location within the Kakaako Market provides unparalleled access to Honolulu Airport, the Ala Moana Corridor, and Waikiki, making it ideal for businesses requiring convenient access to major transportation routes. The property's design also caters to businesses needing secured yard storage for vehicles and heavy equipment, a significant advantage in this bustling urban area. The address is 96813, Honolulu, HI. This versatile property presents a rare chance to establish a strong presence in one of Honolulu's most dynamic commercial districts. The property's size and flexibility make it suitable for a wide range of retail businesses seeking a high-visibility location with ample space and convenient access to key transportation arteries. The significant amount of vacant space allows for customization to meet the specific needs of prospective tenants. This is a truly exceptional opportunity to secure a prominent retail location in the heart of Honolulu.

    Property Features for 0 Cor Of Ala Moana Blvd & Forrest Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    119,888 SF
    Total Rate
    65938.4

    Unit(s) available at that property

    Space
    Lot 3
    Size
    14,309 SF
    Rate per SF
    $6
    Space
    Lot 5
    Size
    62,613 SF
    Rate per SF
    $6

    HighLights

    • 119,888 SF of commercial space in Honolulu, zoned HCDA, with 76,922 SF currently vacant.
    • Prime Kakaako location, 5 miles from Honolulu Airport and 3 miles from Waikiki.
    • Divisible spaces ranging from 14,309 SF to 62,613 SF contiguous, ideal for various users.
    • Secured yard space for vehicle and heavy equipment parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Honolulu
    County
    Honolulu
    State
    Hawaii
    Longitude
    -157.863025
    Latitude
    21.2994831

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    FAQs

    What type of property is this?
    Land - Prime Honolulu Retail Space Available
    Where is this land located?
    The property is located at Cor Of Ala Moana Blvd & Forrest Ave Honolulu, HI.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: 119,888 SF of commercial space in Honolulu, zoned HCDA, with 76,922 SF currently vacant.; Prime Kakaako location, 5 miles from Honolulu Airport and 3 miles from Waikiki.; Divisible spaces ranging from 14,309 SF to 62,613 SF contiguous, ideal for various users.
    Request Owner's contact information
    Cor Of Ala Moana Blvd & Forrest Ave Honolulu, HI 96813
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Cor Of Ala Moana Blvd & Forrest Ave Honolulu, HI 96813
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