68-1820 Waikoloa Rd Pepeekeo, HI 96728

Property Details for 68-1820 Waikoloa Rd

Property size

1,300,000 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

Waikoloa Plaza, a thriving retail shopping center in Waikoloa Village on Hawaii's Big Island, presents an exceptional investment opportunity. This 130,269 square foot center sits on an expansive 18-acre parcel within a planned mixed-use development, offering a strategic location and strong growth potential. Currently, 17,719 square feet of retail space is available, divisible into units ranging from a minimum of 1,100 square feet to a maximum contiguous space of 4,500 square feet. Seven spaces are currently available for lease. The center boasts a diverse tenant mix, including national, regional, and local businesses offering retail, restaurants, and personal services. A key anchor tenant is Foodland, a subsidiary of the Sullivan Family of Companies. The property's prime location offers convenient access to a substantial customer base. Within a 20-minute drive of Kona International Airport, Waikoloa Plaza benefits from the high volume of tourism in the area, with 30,000 weekly rental car tourists and 11,000 hotel rooms, condos, and timeshares nearby. The Waikoloa Village Golf Club, an 18-hole course, is directly across from the center, further enhancing its visibility and accessibility. The development also includes 66 two-bedroom/one-bathroom apartment lofts, catering to the workforce and addressing the demand for affordable housing in the area. This contributes to a vibrant and growing community, ensuring a strong and stable customer base for the retail center. The total building size is 1,300,000 square feet.

Location Insight

City

Pepeekeo

County

Hawaii

State

Hawaii

Longitude

-155.114

Latitude

19.8677