1778 Ala Moana Blvd Honolulu, HI 96815
- Commercial real estate
- 37,040 SF
Current Use by Public Records
- Enterprise Rent-A-Car / Car Rental Agency / Van Rental Agency
- Discovery Bay Condominiums / Apartment Complex / Condominium Complex
- Discovery Bay Security / Condominium Complex
- Victorian Tattoo Waikiki Hawaii / Tattoo Shop
- Kawasaki Realty / Property Management Company
Property Details for 1778 Ala Moana Blvd
- Year built
- 1977
- Construction
- CONCRETE
- Property size
- 37,040 SF
- Zone code
- APT. MIXED
- Property type
- Commercial real estate
- APN
- 1-2-6-012-010-0001
- APU
- 1260120100001
Description
Discover a thriving Honolulu retail opportunity at Discovery Bay Shopping Center, located at 1778 Ala Moana Blvd, Honolulu, HI 96815. This multi-tenant property offers a diverse range of spaces ideal for retail, office, or restaurant uses. The center boasts a total of 37,040 square feet, with 4,863 square feet currently vacant and available for lease. Units range from a minimum of 90 square feet to a maximum contiguous space of 1,767 square feet, providing flexibility for various business needs. The property is zoned X2, Waikiki Special District, and its APN is 2-6-12-10-1 in Honolulu County. Benefit from a high-traffic location at the intersection of Ala Moana Boulevard and Hobron Lane, surrounded by established businesses including The Modern, Ilikai Hotel, Hilton Hawaiian Village, Hawaiian Prince Hotel, Crazy Shirts, Outback Steakhouse, and Red Lobster. This prime location offers unparalleled access to Oahu's vibrant tourism and local community, making it an exceptional investment opportunity. Seven spaces are currently available. The property's strategic position at the gateway to Waikiki ensures high visibility and foot traffic, attracting both local residents and a large volume of tourists.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $8,640,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $7,810,000
- 6.5%
- $8,325,000
- 7%
- $9,410,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $8,785,000
- Geo Method
- $8,990,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $9,160,000
- Retail
- $9,760,000
- Mixed-Use
- $9,815,000
- Hospitality
- $8,155,000
- Educational
- $9,925,000
- Residential Income
- $8,060,000
- Energy
- $9,930,000
- Income-Based Land
- $8,995,000
- Food Service
- $8,180,000
Location Insight
- Map
- Local Demand
- City
- Honolulu
- County
- Honolulu
- State
- Hawaii
- Longitude
- -157.838
- Latitude
- 21.2854
- CBSA code
- 46520
- CBSA name
- URBAN HONOLULU, HI METROPOLITAN STATISTICAL AREA
