for sale | fee simple 1100 alakea st $2,395,000...c249/250, c251/252. • favorable financing. for...

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EXECUTIVE SUMMARY 1100 ALAKEA STREET | 29TH FLOOR CBRE, Inc. is pleased to offer a rare opportunity to purchase the 29th floor at 1100 Alakea Street, Downtown Honolulu’s Class A fee simple commercial office condominium. This rare offering provides unobstructed mountain, city, and ocean views. The views of the State Capitol, Iolani Palace, and the historic buildings of the capital district are phenomenal! 1100 Alakea is centrally located on the corner of Hotel and Alakea Streets, across the street for the First Circuit Court, Alii Place, and Bishop Square. The State Capitol and Iolani Palace are a brief walk away. Ingress and egress are from the top of Bishop and Alakea Streets, saving you time getting in and out of Downtown Honolulu. The floor is near the top of the building and is serviced by the ewa elevator bank. This is a fantastic opportunity to purchase a high floor with historically low interest rates! Please ask about the details for the SBA 504 HEDCO Loan currently offering a 2.410% fixed APR rate for 25 years with only 10% down! CONTACT US FOR SALE | FEE SIMPLE 1100 ALAKEA ST 29TH FLOOR Honolulu, HI 96813 JAMES C. SHIPMAN Senior Vice President +1 808 541 5184 [email protected] RB-17830 $2,395,000 4,783 SF CLASS A OFFICE SPACE CBRE, INC. | RB-20142

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Page 1: FOR SALE | FEE SIMPLE 1100 ALAKEA ST $2,395,000...C249/250, C251/252. • Favorable financing. FOR SALE 1100 ALAKEA - 29TH FLOOR HONOLULU Hawaii, 96813 PROPERTY DESCRIPTION PRICE:

EXECUTIVE SUMMARY1100 ALAKEA STREET | 29TH FLOOR

CBRE, Inc. is pleased to offer a rare opportunity to purchase the 29th floor at 1100 Alakea Street, Downtown Honolulu’s Class A fee simple commercial office condominium. This rare offering provides unobstructed mountain, city, and ocean views. The views of the State Capitol, Iolani Palace, and the historic buildings of the capital district are phenomenal! 1100 Alakea is centrally located on the corner of Hotel and Alakea Streets, across the street for the First Circuit Court, Alii Place, and Bishop Square. The State Capitol and Iolani Palace are a brief walk away. Ingress and egress are from the top of Bishop and Alakea Streets, saving you time getting in and out of Downtown Honolulu. The floor is near the top of the building and is serviced by the ewa elevator bank. This is a fantastic opportunity to purchase a high floor with historically low interest rates! Please ask about the details for the SBA 504 HEDCO Loan currently offering a 2.410% fixed APR rate for 25 years with only 10% down!

CONTACT US

FOR SALE | FEE SIMPLE

1100 ALAKEA ST 29TH FLOOR Honolulu, HI 96813

JAMES C. SHIPMANSenior Vice President+1 808 541 [email protected]

$2,395,0004,783 SF

CLASS A OFFICE SPACE

CBRE, INC. | RB-20142

Page 2: FOR SALE | FEE SIMPLE 1100 ALAKEA ST $2,395,000...C249/250, C251/252. • Favorable financing. FOR SALE 1100 ALAKEA - 29TH FLOOR HONOLULU Hawaii, 96813 PROPERTY DESCRIPTION PRICE:

INVESTMENT HIGHLIGHTS• Unbeatable mountain, city, and ocean views.

• 4,783 square feet, 7 window offices, 2 interior offices, reception/waiting areas, work/storage areas and employee lunchroom.

• Downtown Honolulu’s only class A high rise office condominium complex.

• 9 parking stalls, (an additional 2 tandem stalls (4 total stalls) can be purchased separately). These are very good parking stalls, all located close to one another and in preferred locations.

• Parking Stalls S343, C243, C244, C247/248, C249/250, C251/252.

• Favorable financing.

FOR SALE1100 ALAKEA - 29TH FLOOR

HONOLULUHawaii, 96813

PROPERTY DESCRIPTION

PRICE: $2,395,000

SIZE: 4,783 Square Feet

TENURE: Fee Simple

YEAR BUILT: 1993

ZONING: BMX-4

FLOOD ZONE: X

PARKING STALLS:Parking Stalls S343, C243, C244, C247/248,

C249/250, C251/252

REAL PROPERTY TAX:$27, 405 (Annually) /

$2,284 (Monthly)

CBRE, INC. | RB-20142

Page 3: FOR SALE | FEE SIMPLE 1100 ALAKEA ST $2,395,000...C249/250, C251/252. • Favorable financing. FOR SALE 1100 ALAKEA - 29TH FLOOR HONOLULU Hawaii, 96813 PROPERTY DESCRIPTION PRICE:

FOR SALE1100 ALAKEA - 29TH FLOOR

HONOLULUHawaii, 96813

CBRE, INC. | RB-20142

Page 4: FOR SALE | FEE SIMPLE 1100 ALAKEA ST $2,395,000...C249/250, C251/252. • Favorable financing. FOR SALE 1100 ALAKEA - 29TH FLOOR HONOLULU Hawaii, 96813 PROPERTY DESCRIPTION PRICE:

© 2020 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. Any projections, opinions, or estimates are subject to uncertainty. The information may not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.

FOR SALE1100 ALAKEA - 29TH FLOOR

HONOLULUHawaii, 96813

CONTACT US

JAMES C. SHIPMANSenior Vice President+1 808 541 [email protected]

JS:HiCS_1100AlakeaSt_09.04.20

CBRE, INC. | RB-20142

29TH FLOOR1100 ALAKEA STREET