www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
13197049
13197048

223 Saratoga Road, Honolulu, HI 96815

KM
CA CA 01070005
Cushman & Wakefield - San Francisco, California
CUSHMAN & WAKEFIELD | ChaneyBrooks - Honolulu, Hawaii
Listed by Cushman & Wakefield - San Francisco, California, CUSHMAN & WAKEFIELD | ChaneyBrooks - Honolulu, Hawaii
$10/SF/YR
5 days on market
Updated 5 days ago

Ka La'i Waikiki Beach

Building Details
Property Type Retail, Restaurant
Tenancy Single
Lease Type NNN
Total Building SqFt 5,570

Spaces

Restaurant Opportunity For Lease at Ka La'i

Building description

Rarely available own restaurant opportunity for lease in the highly sought-after premier tourist destination of Waikiki, on the island of Oahu, Hawaii. The street level, ± 5,570 square foot condominium with ± 1,314 square foot lanai is located at the corner of Kālia Road and Beach Walk at the Ka La’i Waikīkī Beach Hotel.

Oahu and Waikiki boast world-class dining. Waikiki has historically had three restaurants doing well over $20M in sales, Wolfgang Steakhouse, The Cheesecake Factory, and Duke’s. In addition, of the 18 restaurants on Oahu which do over $10M in sales, 14 of these restaurants are in Waikiki.

The newly rebranded Ka La’i Waikīkī Beach is a 38-story, 462-room hotel and condos near Fort DeRussy Park marks the Hilton luxury brand’s first Oahu property. (The hotel itself is owned by Irongate and managed by LXR Hotels & Resorts.) The property has begun extensive renovations to reflect the new high-end aesthetics and will be the first time the property will be renovated since it originally opened in 2009.

223 Saratoga Road is a prime corner location, formerly occupied by BLT Steak, a short distance from 35,000 hotel rooms, Kalakaua Avenue and the Waikiki beach front.

Building highlights

PRIME WAIKIKI LOCATION

Located in the World-Renowned Waikiki, a top performing destination market, the site is within walking distance of world-class dining, recreational activities, shopping and nightlife.

STRONG RESTAURANT PERFORMANCE

Waikiki has 2 restaurants doing over $30M in annual sales and over 14 restaurants doing over $10M in annual sales.

WELL-LOCATED ASSET IN PREMIER TOURIST DESTINATION

Surrounded by hotels, the location benefits from 5.8 million visitors annually and $9.11 billion in total visitor expenditures.

RARE RESTAURANT OPPORTUNITY

Properties in Waikiki, the State’s biggest tourist attraction, seldom become available for restaurant operators.

Listing Contacts

KM
CA CA 01070005
Cushman & Wakefield - San Francisco, California
CUSHMAN & WAKEFIELD | ChaneyBrooks - Honolulu, Hawaii
Listed by Cushman & Wakefield - San Francisco, California, CUSHMAN & WAKEFIELD | ChaneyBrooks - Honolulu, Hawaii

Map

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Lessee to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591