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    3366 Waapa Rd Lihue, HI 96766

    Sponsored
    For Lease
    $30 SF/Yr

    Kauai Retail: Prime Location, High Traffic

    Lot size:
    12,008 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is located at 3366 Waapa Rd, Lihue, HI 96766, a prime Lihue town location. The Aina Hou building, a single-story, Class B property, totaling 12,008 square feet, underwent renovations in 2023. The building features 15 suites, with three currently available, ranging from 165 to 910 square feet. Ample parking is provided with 58 spaces. The property sits on 0.43 acres of land and is zoned CG. Its strategic location across from Nawiliwili Harbor ensures high visibility and foot traffic, benefiting from proximity to the Royal Sonesta Hotel and Anchor Cove Shopping Center. Anticipate increased business with the arrival of five weekly cruise ships starting in September. This presents a unique chance to establish a business in a thriving tourist destination. The property boasts convenient access via Rice St and offers excellent potential for various commercial uses. Built in 1974, this updated property is ready for immediate occupancy. Power is available on site.

    Property Features for 3366 Waapa Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,008 SF
    Class
    B
    Total Rate
    30020

    Building Details

    Year Built/Renovated
    1974/2023
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Unit 516 Office/Storage
    Size
    165 SF
    Rate per SF
    $48
    Space
    Unit 504 - Retail/Office
    Size
    660 SF
    Rate per SF
    $48
    Space
    Unit 509 - Retail/Office
    Size
    910 SF
    Rate per SF
    $30

    HighLights

    • High foot traffic location with thousands of daily pedestrian passersby.
    • Excellent retail investment opportunity.
    • Prime beachfront location offering refreshing ocean breezes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Stitchin’ Aloha Clothing Alteration Service ZenCreationzKauai Flower Designer Nawiliwili Yacht Club Yacht Club The Fix Chiropractic Walk-In ... Chiropractor Ohana Smoke Shop Tobacco Shop

    Map

    City
    Lihue
    County
    Kauai
    State
    Hawaii
    Longitude
    -159.3534913
    Latitude
    21.959155

    Nearby Comparable

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    Nearby Similar for Lease

    • $36 SF/Yr
      9,048 SF

      Lihue Warehouse: 9,048 SF

      New warehouse, ideal for various uses.
      4254 Hanahao Pl, Lihue, HI 96766
      View Details
    • $24 SF/Yr
      5,591 SF

      Lihue Medical Office Space for Lease

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      4381 Kukui Grove St, Lihue, HI 96766
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    • $18 SF/Yr
      9,500 SF

      Lihue Industrial Warehouse Space

      9,500 SF Warehouse, Multiple Units Available
      3116 Hoolako St, Lihue, HI 96766
      View Details
    • $18 SF/Yr
      9,727 SF

      Lihue Retail Space: Rice Street

      Historic Kauai storefront, 2,144 sq ft available.
      4275 Rice St, Lihue, HI 96766
      View Details
    • $36 SF/Yr
      8,084 SF

      Lihue Town Plaza: Retail Investment

      Prime Kauai Retail Space - Renovation Underway
      4180 Rice St, Lihue, HI 96766
      View Details
    • $21 SF/Yr
      7,938 SF

      Lihue Flex Warehouse - 7,938 SF

      Lihue flex space, ideal for diverse businesses.
      4018 Rice St, Lihue, HI 96766
      View Details

    FAQs

    What type of property is this?
    Retail property - Kauai Retail: Prime Location, High Traffic
    Where is this retail property located?
    The property is located at 3366 Waapa Rd Lihue, HI.
    What is the lease rate?
    The lease rate is $30-$48 SF/Yr.
    What are key features of this property?
    This property features: High foot traffic location with thousands of daily pedestrian passersby.; Excellent retail investment opportunity.; Prime beachfront location offering refreshing ocean breezes.
    Request Owner's contact information
    3366 Waapa Rd Lihue, HI 96766
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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
    3366 Waapa Rd Lihue, HI 96766
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