707 Richards

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.This impressive property features a substantial 101,523 square foot building in downtown Honolulu. Built in 1988, the property offers a solid foundation for further development or immediate use. Zoned B-2, it presents versatile possibilities to cater to a range of business needs. Boasting a strategic location in the heart of Honolulu, this property is positioned to attract tenants seeking a prime business address. With its substantial size, multiple units, and favorable zoning, this property stands as an enticing investment prospect for those seeking a thriving commercial real estate opportunity.