345 Royal Hawaiian Ave
Fully renovated in the early 2000's, this building is in great condition for a turn-key investment.
This is a rare fee simple triple net lease building located in the heart of Waikiki. This mixed-use building has retail on the ground floor and service-office businesses servicing mostly foreign tourists on the 2nd and 3rd floor (such as day spa and tour operator). The building is located on a hard corner directly across the street from the main customer entrance for visitors traveling by trolley to Duty-Free's DFS "T Galleria." Every trolly route in Waikiki stops at this location because of its close walking proximity to Kalakaua Avenue's core retailers like Louis Vuitton, Hermes, Ferragamo, Apple, VS, Sephora, Tiffany's, Dior, Harry Winston, and major hotels such at the Royal Hawaiian Hotel, Sheraton Waikiki, Outrigger Waikiki, Ohana Malia, and Beachcomber Waikiki. The surrounding three blocks also contain Waikiki's greatest density of restaurant options for visitors, drawing hotel guests from every direction.