FOR SALE | LONG-TERM LEASEHOLD - A Rare CBD Office Investment with Unmatched Parking Advantage
707 Richards St, Honolulu, HI 96813
Located in the heart of Honolulu’s Central Business District, 707 Richards Street presents a compelling investment opportunity in Oahu’s most established urban corridor. Currently operating as a multi-tenant office property with a diversified tenant roster, the asset offers investors healthy cash flow coupled with meaningful near-term upside as downtown Honolulu’s office market continues to tighten and outpace most comparable mainland markets.
Positioned within a tightening office market, and with a history of above market occupancy through 2025, the property stands to benefit from improving market fundamentals and a shrinking competitive inventory resulting from ongoing office-to-residential and mixed-use conversions throughout the urban core. In addition, the property features a best-in-market parking ratio — a significant competitive advantage in Honolulu’s CBD where convenient parking options have become increasingly scarce and highly sought after due to return to office mandates.
The offering is particularly attractive to local and regional investors familiar with the unique dynamics of Honolulu’s office and leasehold markets. With substantial remaining ground lease term and a negotiated extension readily available for a buyer to execute, the asset provides long-term operational flexibility and investment security while positioning ownership to capitalize on future market growth.
Reach out to the broker for more info on lease terms and amenities
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Building Details
- For Sale Contact for pricing
- Property Type Office - General Office
- Lot Size 0.88 SF
- Date Updated Jun 19, 2026
Getting Around
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Walk Score ®
Walker's Paradise (98) -
Transit Score ®
Excellent Transit (78) -
Bike Score ®
Very Bikeable (78)
Location
- City Honolulu, HI
- Zip Code 96813
- Market Honolulu
Points of Interest
Kalauao / Pearlridge
7.70 miles
Waiawa / Pearl Highlands
9.87 miles
Aloha Petroleum
0.58 miles
Hele
0.60 miles
CGX
0.71 miles
Texaco
0.82 miles
76
1.09 miles
Costco Gasoline
1.15 miles
Kahala Mall
5.24 miles
OpConnect
7.16 miles
Tesla Supercharger
7.40 miles
Pro Park
0.19 miles
Bishop Square
0.28 miles
Judiciary Complex Parking Structure
0.28 miles
Bankoh Parking Center
0.29 miles
Hawaii State Capitol Underground Parking
0.40 miles
Mark's Garage
0.42 miles
Halekauwila Place Parking
0.42 miles
801 South Street Building A Parking
0.43 miles
801 South Street Building B Parking
0.44 miles
The Car Parlor
1.05 miles
McKinley Car Wash
1.08 miles
Enterprise
1.21 miles
ProWash
1.55 miles
Chase Hawaii Rentals
2.80 miles
Avis
2.84 miles
Alamo
3.10 miles
Hertz
3.11 miles
Chase Car Rental
3.18 miles
Water Drop Vegetarian House
0.10 miles
Domino's
0.13 miles
BIC Tacos
0.15 miles
L&L Hawaiian Barbecue
0.16 miles
Komala Curry House
0.16 miles
Alakea Steak
0.17 miles
Cafe Julia
0.21 miles
Hooters
0.21 miles
Subway
0.23 miles
Ross
0.29 miles
Down To Earth
0.37 miles
H Mart
0.39 miles
Safeway
0.61 miles
Coast Guard Exchange
0.71 miles
Velocity
0.72 miles
Nuuanu Shopping Plaza
0.89 miles
Ward Entertainment Center
0.95 miles
Whole Foods Market
0.98 miles
Honolulu Fire Deptartment Central Station
0.45 miles
Pharmanutra Incorperated
0.49 miles
Physicians Office Building 3
0.50 miles
The Queen's Medical Center
0.56 miles
Longs Drugs
0.57 miles
Island Natural Medicine, LLC
0.67 miles
Travis Thurston, ND
0.67 miles
Honolulu Police Department Headquarters
0.69 miles
Waterfront Fire Station Number 41
0.73 miles
707 Richards St Listing Summary
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What is the asking price at FOR SALE | LONG-TERM LEASEHOLD - A Rare CBD Office Investment with Unmatched Parking Advantage?
The asking price for FOR SALE | LONG-TERM LEASEHOLD - A Rare CBD Office Investment with Unmatched Parking Advantage is currently available on demand. Contact the listing broker for details.
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What is the total size of FOR SALE | LONG-TERM LEASEHOLD - A Rare CBD Office Investment with Unmatched Parking Advantage?
FOR SALE | LONG-TERM LEASEHOLD - A Rare CBD Office Investment with Unmatched Parking Advantage has a total of 101,523 square feet.
