Map of Property

Kaka?ako Office Portfolio Opportunity

598 Halekauwila St, Honolulu, HI 96813

  • For Sale $9,900,000
  • Property Type Other
  • Lot Size 16,020 SF
  • Date Updated Apr 30, 2024

This highly attractive portfolio of four (4) properties in the heart of Kaka‛ako is being offered in bulk or individually. The properties include two office buildings with Class A finishes, a leased fee with stable income, as well as an adjacent parcel primed to elevate the development potential or to be used for additional parking.

Investment Highlights

  • Multiple opportunities for owner users.
  • Conveniently located on the cusp of downtown in the heart of the growing neighborhood of Kaka'ako.
  • Favorable zoning makes the properties highly desirable due to the wide range of users that can operate out of the properties.
  • Great location for a Hawaii business owner looking to take advantage of a rare offering that provides the potential to customize a building specifically to their needs.
  • A great opportunity for an investor to buy into a healthy submarket with strong demographics.
  • Part of the Kaka'ako Community Development District (KCDD) near the Civic Center Station of the long-awaited Honolulu Rail Transit System. The site is subject to development under the KCDD TOD Overlay Plan (Draft) which outlines unique development opportunities.
  • High demand residential market with limited inventory in the surrounding areas of Downtown Honolulu to serve business professionals not wanting to commute and for those seeking an urban lifestyle.
  • High quality tenant improvements within the portfolio.
  • Opportunity for healthy cash flow and potential for future redevelopment upon ground lease expiration of 598 Halekauwila.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker

Brandon Bera

broker

Karen Birkett

Location

Getting Around

  • Walk Score ®

    95/100 Walker's Paradise

  • Transit Score ®

    78/100 Excellent Transit

  • Bike Score ®

    77/100 Very Bikeable
Powered by Walk Score ®
  • City Honolulu, HI
  • Neighborhood Kakaako
  • Zip Code 96813
  • Market Honolulu

Points of Interest

  • Honolulu International Airport Station (under Construction)

    4.51 miles

  • Hālawa / Aloha Stadium

    6.74 miles

  • Kalauao / Pearlridge

    7.99 miles

  • ChargePoint

    0.24 miles

  • Hele

    0.42 miles

  • Aloha Petroleum

    0.67 miles

  • Hele

    0.68 miles

  • Texaco

    0.82 miles

  • CGX

    0.90 miles

  • Texaco

    0.91 miles

  • 76

    1.05 miles

  • 76

    1.23 miles

  • Cosmo

    1.27 miles

  • Judiciary Complex Parking Structure

    0.08 miles

  • Makai Parking Garage

    0.09 miles

  • Halekauwila Place Parking

    0.16 miles

  • 801 South Street Building A Parking

    0.22 miles

  • 801 South Street Building B Parking

    0.26 miles

  • Hotel Street Mall Parking

    0.43 miles

  • Hawaii State Capitol Underground Parking

    0.46 miles

  • Pro Park

    0.46 miles

  • Bishop Square

    0.46 miles

  • Bankoh Parking Center

    0.55 miles

  • Pagoda Hotel

    1.32 miles

  • Ala Moana Hotel

    1.54 miles

  • Hawaii Prince Hotel

    1.68 miles

  • The Equus

    1.71 miles

  • Ilikai Marina Condos

    1.73 miles

  • The Modern Honolulu

    1.83 miles

  • The Ilikai Hotel

    1.84 miles

  • Hilton Village

    1.98 miles

  • Doubletree Alana Waikiki Hotel

    2.00 miles

  • The Grand Islander by Hilton Grand Vacations

    2.01 miles

  • Sip Honolulu

    0.17 miles

  • Mimi's Place

    0.18 miles

  • Aloha Beer Company

    0.21 miles

  • BEVY

    0.25 miles

  • Moku Kitchen

    0.29 miles

  • Kabuki Restaurant

    0.32 miles

  • Highway Inn

    0.33 miles

  • Water Drop Vegetarian House

    0.35 miles

  • Domino's

    0.38 miles

  • Alakea Steak

    0.39 miles

  • Kawaiaha'o Church School

    0.15 miles

  • Princess Ruth Ke’elikōlani Middle School

    0.70 miles

  • DeRose Method Hawaii

    0.73 miles

  • McKinley High School

    0.76 miles

  • Central Pacific College

    0.91 miles

  • Queen Ka'ahumanu Elementary School

    1.01 miles

  • Global Village Hawaii

    1.26 miles

  • Prince David Kawananakoa Middle School

    1.28 miles

  • Heald College

    1.34 miles

  • R. L. Stevenson Middle School

    1.37 miles

  • KCAA Muriel Preschool

    0.68 miles

  • Harris Preschool

    0.85 miles

  • UHM Children’s Center

    2.40 miles

  • Mother Rice Preschool

    2.65 miles

  • KCAA Wai-Kahala Preschool

    5.21 miles

  • Iroqouis Point Pre-School

    7.83 miles

  • Sunshine Works Preschool

    8.45 miles

  • Ko‘olau Boys Home

    8.65 miles

  • KCAA Preschool

    9.88 miles

Frequently Asked Questions

What is the lease rate for Kaka?ako Office Portfolio Opportunity?

Rental asking rate at Kaka?ako Office Portfolio Opportunity is $4,950,000.00/YR.

What is the total square footage of Kaka?ako Office Portfolio Opportunity?

Kaka?ako Office Portfolio Opportunity totals 24,353 square feet.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Kaka?ako Office Portfolio Opportunity