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Saratoga at Kalakaua 337-341 Saratoga Rd

6,135 SF 100% Leased Retail Building Honolulu, HI 96815 $14,800,000 ($2,412/SF) 4.84% Cap Rate

Retail Space Hawaii Honolulu 337-341 Saratoga Rd, Honolulu, HI 96815

Investment Highlights

  • Heavy Foot Traffic
  • Great Service Retail Location

Executive Summary

Location, Waikiki Fee Simple Investment 4.84 Cap on existing income.
Rare Property Opportunity, well located with a mix of tenants
Short lease terms offer owner-user options. Stabilized Tenants
Neighbor Tenants nearby: Hard Rock Cafe, Polynesian Plaza Hotel,
United States Post Office, Marriott Vacation Club, Ritz Carlton Residences
WALK SCORE: 93

Attachments

CRS Fact Sheet 337 Saratoga RD_001

Data Room Click Here to Access

  • Offering Memorandum

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,135 SF
Building Class
C
Year Built
1951
Price
$14,800,000
Price Per SF
$2,412
Cap Rate
4.84%
NOI
$716,320
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.28
Lot Size
0.11 AC
Zoning
LUO, Honolulu - Zoning: Resort Commercial (RESCOM)
Frontage
56 FT on Saratoga Rd

Amenities

  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Balcony
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Walk Score®
Walker's Paradise (91)
Bike Score®
Very Bikeable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Denny's
Roy's
Ruth’s Chris Steak House
Yard House
First Hawaiian Bank
Hard Rock Cafe
Starbucks
IHOP
Gyu-Kaku Japanese BBQ
P.F. Chang's

PROPERTY TAXES

Parcel Number 1-2-6-003-050-0000 Improvements Assessment $553,600
Land Assessment $2,629,800 Total Assessment $3,183,400

PROPERTY TAXES

Parcel Number
1-2-6-003-050-0000
Land Assessment
$2,629,800
Improvements Assessment
$553,600
Total Assessment
$3,183,400
(808) 375-7587

Contact

  • Listing ID: 33972405

  • Date on Market: 11/22/2024

  • Last Updated:

  • Address: 337-341 Saratoga Rd, Honolulu, HI 96815

More public record information on 337-341 Saratoga Rd, Honolulu, HI 96815

The Retail Property at 337-341 Saratoga Rd, Honolulu, HI 96815 is currently available for sale. Contact Commercial Real Estate Services, Inc. for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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Saratoga at Kalakaua | 337-341 Saratoga Rd
(808) 375-7587 x

Saratoga at Kalakaua | 337-341 Saratoga Rd

Ray Hulick

(808) 375-7587

(808) 375-7587

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