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223 Saratoga Rd
Honolulu, HI 96815 Waikiki

$55,700 USD/MO

Hotel For Lease  •  5,570 SF

Property Details

  • Property Type Hotel
  • Year Built 2009
  • Total Building Size 140,156 SF
  • Building Class A
  • Zoning u/x6/20
70 Transit Score
90 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 5,570 SF $120.00 USD/SF/YR
Plus 1,314 sf lanai
Tenant Allowance: $150/SF
Percentage Rent: 8%

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet

Description

Rarely available own restaurant opportunity for lease in the highly sought-after premier tourist destination of Waikiki, on the island of Oahu, Hawaii. The street level, ± 5,570 square foot condominium with ± 1,314 square foot lanai  is located at the corner of Kalia Road and Beach Walk at the Ka La’i Waikiki Beach Hotel.
Oahu and Waikiki boast world-class dining. Waikiki has historically had three restaurants doing well over $20M in sales, Wolfgang Steakhouse, The Cheesecake Factory, and Duke’s. In addition, of the 18 restaurants on Oahu which do over $10M in sales, 14 of these restaurants are in Waikiki. 
The newly rebranded Ka La’i Waikiki Beach is a 38-story, 462-room hotel and condos near Fort DeRussy Park marks the Hilton luxury brand’s first Oahu property. (The hotel itself is owned by Irongate and managed by LXR Hotels & Resorts.) The property has begun extensive renovations to reflect the new high-end aesthetics and will be the first time the property will be renovated since it originally opened in 2009.
223 Saratoga Road is a prime corner location, formerly occupied by BLT Steak, a short distance from 35,000 hotel rooms, Kalakaua Avenue and the  Waikiki beach front.

Highlights

PRIME WAIKIKI LOCATION
STRONG RESTAURANT PERFORMANCE
WELL-LOCATED ASSET IN PREMIER TOURIST DESTINATION
RARE RESTAURANT OPPORTUNITY

Amenities

  • Balcony
  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • Room Service
  • Spa
  • On-Site Retail
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Destination Resort
  • Boutique/Lifestyle Hotel
  • Meeting Event Space
  • Wedding Venue
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub
  • Fully-Equipped Kitchen
  • Multi-Room Suites

Public Transportation

AirportDriveWalkDistance
Daniel K Inouye International 18 min - 9.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Covered
Included in Rent: Yes
Kazuko Morgan 415-264-5103 Cushman & Wakefield
Kazuko Morgan 415-264-5103 Cushman & Wakefield