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Property profile

75-5667 Alii Dr Kailua-Kona, HI 96740

OFF-MARKET
Retail properties & Spaces
9,500 SF 0.55 ac lot Built 1971
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1971
Total area 9,500 SF
Lot 0.55 ac (23,958 SF)

Cap rate & NOI

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

Location

75-5667 Alii Dr 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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