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Property profile

755450 Makala Blvd Kailua-Kona, HI 96740

OFF-MARKET
Lifestyle centers
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Lifestyle centers

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

755450 Makala Blvd Kailua-Kona, HI 96740
Kailua-Kona metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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