Cushman & Wakefield ChaneyBrooks is pleased to offer a rare opportunity to acquire the leasehold interest in five (5) commercial condominium units in Canterbury Place together with 110 parking stalls, located at 1910 Ala Moana Boulevard, Waikiki, Honolulu, Oahu, Hawaii (the “Property”). The Property benefits from excellent street visibility along Ala Moana Boulevard and high pedestrian traffic from both locals and visitors.
The original developer from 1978 has been the sole owner of the Property and has not been focused on maintaining and maximizing leasing efforts for the Property. This presents significant value add opportunities for a buyer. With proper repositioning, Canterbury Place can serve as a desirable destination for both locals and visitors, connecting Ala Moana and Waikiki.
The Canterbury Place condominium project is comprised of a 40-story concrete, steel, and glass high-rise tower containing 151 apartments and 283 parking stalls. Of the 151 condominium units, 5 are designated as commercial and 146 are residential units. The 5 commercial units are located on the lower and upper floors of the project facing Ala Moana Boulevard. Access to these units is via Ala Moana Boulevard or from the parking garage.
For Property website, please visit:
http://CushmanWakefieldChaneyBrooks.listinglab.com/Canterbury