75-5667 Alii Dr Kailua-Kona, HI 96740
Kona Square, located at 75-5667 Alii Drive, Kailua-Kona, HI 96740, offers a unique opportunity to lease retail or restaurant space in a thriving location. This two-story retail shopping center, totaling 9,500 square feet, is situated directly off Alii Drive, across from Kona Pier and the King Kamehameha Hotel. The property consists of three buildings with a total of ten suites, offering flexibility for various business needs. Individual suites are available, with a minimum divisible space of 193 square feet. Currently, 517 square feet are vacant. The property sits on a 0.55-acre lot (APN 750060250000) and was built in 1971. Utilities include power. The property is zoned CV 7.5 and is conveniently located near Palanai Rd. This prime location in Kailua-Kona, a resort town on the Big Island of Hawaii, provides excellent visibility and access to a high volume of foot traffic and tourists. The property's proximity to major attractions makes it an ideal location for businesses seeking high visibility and strong customer traffic. The opportunity to lease space in this established center presents a compelling investment opportunity in a desirable location.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.