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    1280 Kihei Rd Kihei, HI 96753

    Sponsored
    For Lease
    $21 SF/Yr

    Kihei, Maui retail & office space

    Lot size:
    68,726 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Kihei, Maui investment opportunity presents the Azeka Makai Shopping Center, a multi-building retail, restaurant, and office complex totaling 68,726 square feet. Situated on 5.27 acres at 1280 S Kihei Rd, 96753, this property boasts a prime location along South Kihei Road, ensuring high visibility and accessibility. Built in 1980 and renovated in 1983, the center comprises four three-story buildings with elevators, offering 12 available spaces ranging from 540 to 3,600 square feet. Currently, there is 10,156 square feet of vacant space. The property benefits from ample on-site parking for tenants and customers, along with an on-site security team. Strong anchor tenants include Bank of Hawaii, the Post Office, and established local restaurants, contributing to a thriving and stable tenant mix. This well-maintained property presents a compelling investment opportunity in a high-demand location. The property's central location in the heart of Kihei, combined with its strong tenant base and ample parking, makes it an attractive proposition for investors seeking a stable and high-growth potential asset in the vibrant Maui market.

    Property Features for 1280 Kihei Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    68,726 SF
    Total Rate
    120270.5

    Building Details

    Year Built/Renovated
    1980/1983
    Buildings
    4
    Stories
    3

    Unit(s) available at that property

    Space
    Unit 129
    Size
    1,200 SF
    Rate per SF
    $54
    Space
    Unit 102
    Size
    1,639 SF
    Rate per SF
    $54
    Space
    Unit 131
    Size
    900 SF
    Rate per SF
    $54
    Space
    Unit 130
    Size
    900 SF
    Rate per SF
    $54
    Space
    Unit 109
    Size
    2,343 SF
    Rate per SF
    $54
    Space
    Unit 119
    Size
    768 SF
    Rate per SF
    $54
    Space
    Unit 121
    Size
    768 SF
    Rate per SF
    $54
    Space
    Unit 122
    Size
    768 SF
    Rate per SF
    $54
    Space
    Unit 204
    Size
    882 SF
    Rate per SF
    $22
    Space
    Unit 222
    Size
    905 SF
    Rate per SF
    $24
    Space
    Unit 225
    Size
    540 SF
    Rate per SF
    $21
    Space
    Unit 108
    Size
    3,600 SF
    Rate per SF
    $54

    HighLights

    • Ample on‑site customer parking.
    • High‑traffic location with excellent visibility.
    • Modern, efficient floor plan.
    • Recently renovated interior with updated finishes.
    • Strong tenant base with long‑term leases.
    • Prime location in a thriving commercial district.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Kihei
    County
    Maui
    State
    Hawaii
    Longitude
    -156.45565723544
    Latitude
    20.749723933923

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    Nearby Similar for Lease

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      Lipoa Center: Kihei Office Suites

      Prime Kihei office space, multiple suites available.
      41 Lipoa St, Kihei, HI 96753
      View Details
    • $96 SF/Yr
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      Kihei Kalama Village: Retail Opportunity

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      Kihei Office Space for Lease

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    FAQs

    What type of property is this?
    Restaurant - Kihei, Maui retail & office space
    Where is this restaurant located?
    The property is located at 1280 Kihei Rd Kihei, HI.
    What is the lease rate?
    The lease rate is $21-$54 SF/Yr.
    What are key features of this property?
    This property features: Ample on-site customer parking.; High-traffic location with excellent visibility.; Modern, efficient floor plan.
    Request Owner's contact information
    1280 Kihei Rd Kihei, HI 96753
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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

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    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
    1280 Kihei Rd Kihei, HI 96753
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