FOR SALE OR LEASE WAIKIKI PROPERTY

352L E W E R SL E W E R SS T R E E TS T R E E T

As the exclusive advisor, Jones Lang LaSalle Americas, Inc. (“JLL”) takes pleasure in presenting this exceptional and unique opportunity located on the corner of Lewers Street and Kuhio Avenue in world renowned resort destination Waikiki, Hawaii. This 2,260 square foot retail space on 4,108 square feet of fee simple land was formerly occupied by Whaler’s General for over 30 years and is now available for purchase or long-term lease.

THETHE Opportunity

Within the last 7 years, Waikiki has seen a surge of new construc-tion and renovations of existing hotels such as the Ritz-Carlton Residences Waikiki Beach, Espacio The Jewel of Waikiki, Halepuna Waikiki by Halekulani, the Waikiki Beachcomber by Outrigger, White Sands and the Waikiki Beach Marriott. In addition, high-end retailers such as Tesla, Saint Laurent, Celine, Prada, and more, can be found within walking distance.

luxury all around

Highly visible along both Lewers Street and Kuhio Avenue, the property also sits in a densely populated area of Waikiki, with more than 30,000+ hotel rooms and condominium units within one mile of the location. It is also within walking distance of notable retail venues such as the Royal Hawaiian Shopping Center, Luxury Row, T Galleria by DFS Hawaii, the International Marketplace and the Waikiki Shopping Plaza. Over 21,000 vehicles pass the subject site every 24 hours.

DAYTIME POPULATION 300,000+ (2019)

24-HOUR ADT 21,000+ VEHICLES TREMENDOUS KUHIO AVE. FRONTAGE

RARE FEE SIMPLE OPPORTUNITY IN THE HEART OF WAIKIKI

30,000+ HOTEL/TIMESHARE UNITS WITHIN LESS THAN 1-MILE

OVER $2B IN CONSTRUCTION/RENOVATION IN LAST 2 YEARS ALONG KUHIO AVENUE

LEWERS STREET

LEWERS STREETSEASID

E AVENU

E

SEASIDE AVEN

UE

ROYAL HAWAIIAN AVENUE

ROYAL HAWAIIAN AVENUE

KAIOLU STREET

KAIOLU STREET

KALAKAUA A

VENUE

KALAKAUA A

VENUE

KUHIO AV

ENUE

KUHIO AV

ENUE

KUHIO AV

ENUE

KUHIO AV

ENUE

ALA WA

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ROYAL HAWAIIANROYAL HAWAIIANHOTELHOTEL

SHERATONSHERATONWAIKIKIWAIKIKI FORTFORT

DERUSSYDERUSSY

RITZ-CARLTONRITZ-CARLTONRESIDENCESRESIDENCES

HYATT HYATT CENTRICCENTRICWAIKIKIWAIKIKI

ADDRESS 352 Lewers Street tmk (1) 2-6-18 : Parcel 13Honolulu, Hawaii 968

TOTAL AREA Building Area 2,260 sf zoning RESCOMLAND Area 4,108 sf

base rent/FEE SIMPLE PRICE Contact Broker for Details

opex & utilities Tenant Responsibility; NNN Lease term Negotiable

THETHE Property

THETHE MarketSTATE OF HAWAII OVERVIEW (AS OF 2018)

The State of Hawaii is home to some of the most famous resort-oriented commercial shopping centers in the country,

if not the World. From the Royal Hawaiian Shopping Center on Waikiki Beach to the Whaler’s Village in the Kaanapali

Beach Resort, Hawaiian resort retail properties feature the finest luxury, dining, apparel, convenience, jewelry, and

more, seen in the most sought after resort destinations in the world. The State of Hawaii is home to approximately 70

retailers who have their top 1,2 or 3 stores in the islands, half of which are resort related.

Over 9,900,000 people visited Hawaii in 2018. These tourists spent over $17.82 Billion dollars on hotels, food, shopping,

excursions, entertainment and more. A recent ICSC publication identified the top activities when people are on

vacation as dining out, followed by shopping.

WAIKIKI TRADE AREA

Located along the southern shore of the Island of Oahu, Waikiki is a famous worldwide destination bounded by Ala Wai Boulevard to the north and west, Ala Moana Boulevard

and Kalakaua Avenue to the south and Kapahulu Avenue to the east. Encompassing approximately 1.5 miles, Waikiki

was once a favorite retreat for Hawaiian royalty. Today, Waikiki is home to large resort hotels such as the Hilton

Hawaiian Village, Halekulani Hotel, the Hyatt Regency and the Sheraton Waikiki in addition to luxury retailers such as Chanel, Louis Vuitton, Prada, Burberry, Dior, Tiffany & Co.,

Cartier and Gucci.

DEMOGRAPHICS

2010 2019 2024

Population 23,073 25,741 26,803Median Age 42.5 45.1 45.6Households 13,002 14,158 14,653Average HH Income $75,660 $90,668*Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2019 and 2024.

ALA WA

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WAIKIKIWAIKIKI Hotels + Amenities

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97

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21

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27

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55

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39

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63

45 73 41

2695

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HILTON LAGOONKUHIO BEACH

86

34 60

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36

68 35

87

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48

102

74

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33

64

67

65

3778

61

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108

109

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Ala Moana Hotel Honolulu by Mantra (100)Aloha Towers Condominium (109)Aloha Pacific Hotel (1)Alohilani Resort Waikiki Beach (59)Ambassador Hotel (3)Aqua Marina (97)Aqua Palms Waikiki (13)Aqua Skyline Hotel at Island Colony (31)Aston Waikiki Beach Hotel (22)Big Surf (98)Breakers Hotel (4)Coconut Waikiki Hotel (9) Colony Surf (5)Continental Surf (6)Coral Seas Hotel (8)

Courtyard by Marriott Waikiki Beach (47) Discovery Bay (10)Double Tree Alana Hotel (81)Espacio: The Jewel of Waikiki (91)Ewa Hotel Waikiki (67)Foster Tower Hotel (102)Hale Koa Hotel (11)Halepuna Waikiki by Halekulani (82)Halekulani (12)Hawaiian Colony Hotel (15)Hawaiian King Hotel (17)Hawaiian Monarch (18)Hawaiian Hotel (20)Hawaiian Prince Apartments (25)Hilton Hawaiian Village (21)

Holiday Inn Express Waikiki (12)Holiday Surf Hotel (29)Hotel Renew(64)Hyatt Regency Waikiki (26)Hyatt Centric Waikiki Beach (110)llikai Hotel & Luxury Suites (27)llima Hotel (28)Inn on the Park (30)Kaimana Beach (32)Kaimana Villa (33)Kaulana Kai Hotel (34)Kuhio Village Resort (35)The Laylow (7)Lealea Hale (36)Luana Waikiki Hotel & Suites (72)

100

1

23

97

9

22

91

21

98

10

27

81

21

15

18

1411

30

9613

84

93

72

77

46

21

21

89

49 12

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101

50

4

20

62

23

8

53

57

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71

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55

54

47

70

39

31

5217

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28

7

75

40 42

63

45 73 41

2695

WAIKIKI BEACHALA WAI YACHT HARBOR

HILTON LAGOONKUHIO BEACH

86

34 60

683

36

68 35

87

7659

48

102

74

90

33

64

67

65

3778

61

32

5

58

25

49 88

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108

109

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HOTELSHOTELS MAJOR SHOPPING VENUESMAJOR SHOPPING VENUES

Makani Kai Hotel (37) Malihini Hotel (38)Marine Surf Hotel (39) Miramar Hotel (40) Moana Hotel (41) Ohana East (42)Ohana Maile Court (46)Ohana Reef Towers (51)Ohana Royal Islander (101)Ohana Surf (52)Ohana Waikiki Surf (54)Ohana Waikiki Tower (57)Ohana West (58)Outrigger Edgewater (43)Outrigger Hobron Hotel (44)Outrigger Hotel (45)Outrigger Islander Waikiki (23)Outrigger Reef (49)Outrigger Reef Lanai (50)

Outrigger Village (53)Outrigger Waikiki Surf East (55)Pacific Monarch (60)Park Shore Hotel (61)Polynesian Residences, Waikiki Beach (62)Prince Waikiki Honolulu Luxury (14)Princess Kaulani (63)Queen Kapiolani Hotel (65)Ritz-Carlton Residences (108)Radisson Prince Kuhio Hotel (48)Royal Grove Hotel (68)Royal Hawaiian Hotel (69)Royal Kuhio (70)Sheraton Waikiki (71)Surfjack Hotel & Swim Club (2)Surfrider Hotel (73)Tradewinds (96)Waikiki Banyan (74)Waikiki Beach Marriott (19)

Waikiki Beachcomber (75)Waikiki Circle Hotel (76)Vive Hotel (77)Waikiki Grand Hotel (78)Waikiki Hana (95)Waikiki Holiday Hotel (79)Waikiki Joy Hotel (80)Waikiki Park Heights (83)Waikiki Parkside (84)Waikiki Prince Hotel (86)Waikiki Resort (87)Waikiki Sand Villa (88)Waikiki Shore Resort (89)Waikiki Sunset (90)Waikiki Beachwalk (103)Royal Hawaiian Center (104)Luxury Row (105)Waikiki Shopping Plaza (106)International Marketplace (107)

1585 Kapiolani Boulevard, Suite 1750 Honolulu, Hawaii 96814T. 808.203.5700 F. 808.203.5709

Although information has been obtained from sources deemed reliable, Owner, Jones Lang LaSalle, and/or their representatives, brokers or agents make no guarantees as to the accuracy of the information contained herein, and offer the Property without express or implied warranties of any kind. The Property may be withdrawn without notice. If the recipient of this information has signed a confidentiality agreement regarding this matter, this information is subject to the terms of that agreement. ©2020. Jones Lang LaSalle. All rights reserved.

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of more than 93,000 as of September 30, 2019. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated.

For further information, visit jll.com.

us.jll.com

Wendell F. Brooks, III (S) Executive Vice President, Retail Brokerage Lead T. 808.203.5715 F. 808.203.5709 wendell.brooks@am.jll.com

James “Kimo” L. Greenwell (S)Vice President, Retail BrokerageT. 808.203.5702 F. 808.203.5709kimo.greenwell@am.jll.com

Prior to Whaler’s General Store, this magnificent Art Deco residence occupied the site. This part of Kuhio

Avenue was predominantly residential and flourished after the development of the Ala Wai Canal, one of

the most noteworthy civic projects of its time. There are still remnants of this golden-era surrounding the property, including the buildings directly next-door.