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| HAWAII FEE SIMPLE INVESTMENT |
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| 818 Sheridan Street, Honolulu, HI |
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| CBRE Capital Markets, as exclusive advisor, is pleased to present the opportunity to acquire 818 Sheridan Street (the “Property”), a FEE SIMPLE two-story commercial building situated on 17,567 square feet of land within the Ala Moana District. The Property includes 19,278 square feet of gross building area and street level parking facing Sheridan Street directly across the street from the HMSA Center. It is 70% leased with a historically high occupancy rate and a stable cash flow. | |
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| THE OFFERING |
| The Property is situated in Hawaii’s most concentrated area’s for high-density urban development on the Sheridan Street Corridor. It is adjacent numerous amenities, within a 10-minute walk to the Ala Moana Shopping Center the world’s largest open-air shopping center, and the also future Ala Moana Rail Station that will connect through to the City of Kapolei in West Oahu. The property is within the Honolulu TOD master plan and has available increased density from 2.5 FAR to 5.0 FAR and raised height limit up to 250-feet. |
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| A FEE SIMPLE retail / commercial office building with operating Cabaret Licenses located within within Hawaii’s most active high density development submarkets in the Honolulu Urban Core. |
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| The Property is situated within the Ala Moana District within the master plan allowing for a 5X FAR to encourage a high-rise development to meet the high demand for hospitality, retail and residential. |
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| Excellent proximity to retail amenities including the Ala Moana Shopping Center, the largest open-air shopping center in the world, Sam’s Club, Walmart, and numerous shops and restaurants along the Ke’eaumoku and Sheridan corridors. |
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| Walking distance to services including the Kapiolani Women’s and Children’s Hospital, Kaiser Permanente, and numerous other medical providers, grocery stores and financial institutions. |
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| Located within 1.5 miles to numerous higher education institutions including the University of Hawaii, Hawaii Pacific University and Chaminade University |
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THIS IS A MARKETING COMMUNICATION
© 2020 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk.
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