Kaka?ako Office Portfolio Opportunity

For Sale

598 Halekauwila St, Honolulu, HI 96813

This Honolulu property for sale is located at 598 Halekauwila St. The current listed sale price for Kaka?ako Office Portfolio Opportunity is $9,900,000. Kaka?ako Office Portfolio Opportunity is situated on a lot that is 16,020 square feet in size.

Contacts

broker

Brandon Bera

broker

Karen Birkett

Property Details

  • Property Type Other
  • Lot Size 16,020 SF
  • Date Updated Apr 19, 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.

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

Getting around

  • 95/100

    Walk Score ®

  • 78/100

    Transit Score ®

  • 77/100

    Bike Score ®

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Location

  • 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

  • Down To Earth

    0.12 miles

  • H Mart

    0.15 miles

  • ‘Umeke Market & Deli

    0.48 miles

  • Velocity

    0.48 miles

  • Ross

    0.50 miles

  • Walmart

    0.56 miles

  • Ward Entertainment Center

    0.67 miles

  • Whole Foods Market

    0.70 miles

  • Safeway

    0.79 miles

  • T.J. Maxx

    0.79 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Kaka?ako Office Portfolio Opportunity