755450 Makala Blvd Kailua-Kona, HI 96740
This exceptional 1,065 square foot retail space is located within Kona Commons, a thriving shopping center in Kailua-Kona, Hawaii. Situated at 75-5450 Makala Blvd, 96740, this single-tenant property enjoys a prime location at the corner of Queen K Highway and Makala Blvd, offering high visibility and easy highway access. Kona Commons, recognized as West Hawai'i's "Best Shopping Center" for 11 years, boasts a diverse mix of 27 national and local shops, eateries, and amenities. The center hosts frequent free family-friendly events, including artisan markets and movie nights, creating a vibrant and engaging atmosphere. This property is part of Phase 1, which opened in late 2008 and includes anchor tenants such as Petco, OfficeMax, Ross Dress for Less, Old Navy, and Island Naturals, along with 30,000 square feet of smaller shops. Phase 2, opened in 2012, features Target, McDonald's, AT&T, and Bank of Hawaii. The rental rate is negotiable, with a percentage rate of 8.0%. Common area maintenance (CAM) and insurance charges are $0.73 per square foot per month, and real property taxes (RPT) are $0.28 per square foot per month. The space is available immediately.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
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Risks
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