for sublease/ turn key, assignment profitable bar and ...€¦ · sale of all ff&e and lease...
TRANSCRIPT
T U R N K E Y, P R O F I TA B L E B A R A N D F U L LY B U I L T O U T K I T C H E N
F O R S U B L E A S E /
A S S I G N M E N T
www.cbre .us/hawa i i
THE ROW BAR500 ALA MOANA BLVDHONOLULU, HI 96813
R B - 2 0 1 4 2
THE TAVERN500 ALA MOANA BLVD, STE 5HONOLULU, HI 96813
SALE OF ALL FF&E AND LEASE ASSIGNMENT
This is a lease assignment and sale of turnkey fixtures, fittings and equipment of both, The Row Bar and The Tavern by Tamura’s. The spaces will not be considered separately. New ownership will be able to take advantage of a fully refurbished bar with outdoor seating, and a fully equipped catering kitchen.
Both operations are in excellent condition – all fixtures, fittings and equipment are included with the sale.
T U R N K E Y B A R & T A V E R N I N R E S T A U R A N T R O W
T H E R O W B A R A T
W A T E R F R O N T P L A Z AThe busy and successful Row Bar is one of Hawaii’s only open-air bars – with covered outdoor seating and proximity to Honolulu harbor, the bar is a draw for both tourists and residents alike. Perfect for events requiring large outdoor space and private parties and fundraisers. With the Tavern kitchen as part of the sale, the Row Bar is in a unique position to offer food and beverage to the entire Waterfront Tower tenant base, plus nearby residents from busy Kakaako.
Space 01 and 1G
Size: 2,582 SF
Gross Rent: $4,370.91 per month
CAM: Included
% Rent: No percentage rent on sales
Term: Through March 31, 2024; with option through 2029
T H E T A V E R NThis fully-equipped kitchen is perfect for an owner with a catering business requiring additional space. Or as part of the bar operation continuing to provide a varied menu for Waterfront Plaza tenants – including Hawaii Pacific University.
Space 5G
Size: 1,396 SF
Base Rent: $3,243.43 per month
CAM: $2,094 per month
% Rent: No percentage rent on sales
Term: Through February 2024; with option through 2029
R B - 2 0 1 4 2
www.cbre .us/hawa i i
P L E A S E C O N T A C T :
© 2020 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners, and the use of such logos does not imply any affiliation with or endorsement of CBRE. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited.
R B - 2 0 1 4 2
J O M C G A R R Y C U R R A N
First Vice President+1 808 783 1060
T H E D E T A I L SParking: Ample customer parking within
Waterfront Plaza building.
Validated customer rates.
Staff parking available in unassigned stalls with monthly fees.
Premium: On Request
F O R S U B L E A S E | W I T H S A L E O F F F & E
T H E D E M O G R A P H I C S
500 ALA MOANA BLVD 1 MILE 3 MILES 5 MILES
POPULATION (2019)
PROJECTED (2024)
21,38229,230
182,995246,440
297,073337,564
HOUSEHOLDS (2019)
GROWTH RATE (2019-2024)
13,7050.91%
84,8440.47%
126,3010.35%
AVERAGE HOUSEHOLD INCOME $7,535 $84,675 $92,465
BUSINESSES
EMPLOYEES
6,36491,351
16,358246,440
19,848304,548
JMC:RMP_IV95_TheRos-Tavern_03.09.20