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Premier Retail Destination in Hilo
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325 Makaala Street, Hilo, HI 96720

Premier retail center with national anchors and high foot traffic.

Property Size15,000 SF
Days on Market253

Property Features for 325 Makaala Street

General Information

Standard status Active
Size 15,000 SF
Property subtype Retail
Listing Agency: CBRE - Honolulu
Listed By: Kelly Graf · License #RS-83271
Source: Cbre
Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Aug 1 at 9:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Honolulu

Investment Insights

Based on property information with market context.

Waiakea Center is a retail destination located in Hilo, minutes from Hilo International Airport and Hilo Bay-Front, positioned in Hilo’s main commercial corridor. The center is anchored by national retailers including Walmart, Ross, and OfficeMax, and includes a mix of local shops, dining options, and service providers. The property offers over 1,100 parking stalls, visibility, and a renovated food court. The property has 15,000 square feet of retail space and is suitable for businesses seeking a presence in Hilo.

Key Highlights

  • Premier retail destination in Hilo's main commercial corridor ("Main & Main").
  • Anchored by national retailers Walmart, Ross, and OfficeMax.
  • High foot traffic from locals and tourists.

Property Analytics

Current Use

Walmart House Cleaning ... Hardware & Home Improvement Prince Kuhio Plaza ... Parking Lot & Garage Walmart Pet Services Kennel & Boarding Facility McDonald's Restaurant Walmart Connection Center Mobile Phone Store

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Demographics for 96720, HI

46,615
Population
19,826
Households
2.4
Avg Household Size
43
Median Age
34%
College-Educated
95%
High-School Grad
287.8 sq mi
ZIP Area
162
Density / Sq Mi
$78,537
Median Household Income
$41,268
Median Earnings
$1,346
Median Rent
$458,100
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Premier retail center with national anchors and high foot traffic.
Where is this shopping center located?
The property is located at 325 Makaala Street Hilo, HI.
What are key features of this property?
This property features: Premier retail destination in Hilo's main commercial corridor ("Main & Main").; Anchored by national retailers Walmart, Ross, and OfficeMax.; High foot traffic from locals and tourists.
More about this property
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