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    75-5770 Alii Dr Kailua Kona, HI 96740

    For Lease
    $600 /Mo ($0.34 SF/Yr)

    Prime oceanfront location with high visibility and excellent tenant mix.

    Property size:
    21,117 SF
    Lot size:
    21,117 SF

    Property Features for 75-5770 Alii Dr

    General Information

    Size
    21,117 SF

    Building Details

    Year built
    1990

    Source: Gregory Ogin Agent Gregory Ogin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Oceanfront Retail and Restaurant Space

    This property features two unobstructed oceanfront buildings totaling approximately 21,717 square feet. The eye-catching wooden structure is painted ocean blue and has a blue metal roof. Located in the heart of the Kailua Business District on Alii Drive and Oneao Bay in Kailua-Kona, the property benefits from high pedestrian and vehicular traffic. The location is a prime spot for visitors and local residents, situated on the waterfront and within walking distance of hotels, restaurants, retail shops, and business centers. The property offers beautiful water and sunset views. Current tenants include Kai Eats + Drinks, Kona Oceanfront Gallery, Crazy Shirts, and Papa Kona Restaurant & Bar. There are 62 on-site covered parking spaces. CAM is currently estimated at $2.45/SF.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Map

    City
    Kailua Kona
    County
    Hawaii
    State
    Hawaii
    Longitude
    -155.971159
    Latitude
    19.589963

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    FAQs

    What type of property is this?
    Shopping center - Prime oceanfront location with high visibility and excellent tenant mix.
    Where is this shopping center located?
    The property is located at 75-5770 Alii Dr Kailua Kona, HI.
    What is the lease rate?
    The lease rate is $0.34 SF/Yr.
    What are key features of this property?
    This property features: - Prime oceanfront location on Alii Drive in Kailua-Kona with **unobstructed water and sunset views.**; - High visibility and visitor traffic in the heart of Kailua Business District.; - Excellent tenant mix including Kai Eats + Drinks, Kona Oceanfront Gallery, Crazy Shirts and Papa Kona Restaurant & Bar.
    (808) 987-6446
    Request Owner's contact information
    75-5770 Alii Dr Kailua Kona, HI 96740
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    Kailua Kona, HI 96740
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    75-5770 Alii Dr Kailua Kona, HI 96740
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