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PROPERTY OVERVIEW The Hyatt Centric Waikiki Beach is a 230 room upscale hotel, located on the corner of Kuhio Avenue and Seaside Avenue. Co-Tenants include Norstrom Rack, Duke’s Lane Market & Eatery, Starbucks Reserve, American Savings Bank and Ice Monster.
DUKE’S LANE MARKET & EATERY
AMERICAN SAVINGS BANK
ICEMONSTER
STARBUCKS
NORDSTROM RACK’S ESCALATOR
PROPERTY DETAILSSpace UNIT 6
Size 859 sf
Rent Call Broker for details
Percentage Rent: 8%
Operating Expense $1.75 psf
Term Until 4/20/26, with a 5 year option to extend
VISITOR MARKET OVERVIEWHawaii set a record in 2017 with 9.2 million visitor arrivals and total visitor expenditures of $15.8 million. Oahu received 5.4 million of those visitors and accounted for 47% of the statewide visitor expenditures. In 2017, Japan accounted for 1.5 million visitor arrivals, China for 151,295 visitors, Korea for 258,398 visitors and Australia/New Zealand for 392,560 visitors. WAIKIKI HIGHLIGHTS 30,000 visitor lodging units, including 23,000+
hotel rooms Average Daily Visitor Population exceeds 75,000 Average Daily Local Population: 31,300 residents
and 39,955 employees 1.5 - 1.7 Million Square Feet of Retail GLA Waikiki Retailers: Gucci, Hermes, Prada, Fendi, Cartier,
Jimmy Choo, Valentino, Loro Piano, Harry Winston, Bvlgari, Salvatore Ferragamo, Lois Vuitton, Apple, DFS, Tiffany & Co., Tory Burch, UGG, Kate Space, Coach, H&M, Forever 21, Urban Outfitters, Victoria’s Secret, Ross, Macy’s, Quiksilver, Long’s Drugs, Volcom, Cheesecake Factory, Tommy Bahama, PF Chang’s, Hard Rock Café and many more.