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Property profile & analytics
OFF-MARKET Estimated value $985,000
Retail space

1794 Kihei Rd Kihei, HI 96753-8058

5,567 SF 0.39 ac lot Built 2003
Entity Owned 7-yr Hold Free & Clear
Property ID
US24-0004597
Property summary
AI-generated overview

Aloha Open Market, located at 1794 S Kihei Rd, Kihei, HI 96753, presents a unique investment opportunity. This 100% leased retail center is situated in the heart of Kihei's bustling retail trade area, ensuring high visibility and accessibility. Its prime location benefits from strong traffic patterns, providing easy access to other retail centers, beaches, and parks, guaranteeing consistent foot traffic and visibility for tenants. The center boasts a diverse mix of tenants, creating a thriving and vibrant commercial environment. This diverse tenant mix fosters a lively community atmosphere, attracting both businesses and shoppers alike. The property is offered at an asking price of $3,400,000. While the exact square footage of the building is not currently available, the property's strong performance and location make it an attractive investment. Further details regarding this exceptional commercial property will be provided upon execution of a confidentiality agreement. This is a rare opportunity to acquire a fully leased, high-performing retail center in a desirable location. The property's strategic placement within Kihei's retail core ensures continued success and strong returns for the investor.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2003
Construction WOOD
Total area 5,567 SF
Lot 0.39 ac (16,940 SF)
Zoning code B-2
APN 3-9-012-021
UPID US24-0004597
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$985k
Owner & transaction history
Swell Investments LLC · 7 yrs held
Swell Investments LLC
since 2019
7 recorded transactions
2019
Price N/A
2018
Price N/A
2005
$3.0M
2004
$800,000
2000
$18,550
2000
$300,000
1999
$800,000
Zoning & alternative use
B-2 · Kihei, HI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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