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Waikoloa Plaza

Big Island – Hawaii

Executive Summary

Waikoloa Plaza, LLC owns a 15.282-acre parcel that is part of a 45-acre, $600+ million master planned development (the “Property”) located in the town of Waikoloa Village within the South Kohala District on the Big Island of Hawaii. The Property consists of Waikoloa Plaza (“the Project”), a 135,346 square foot retail shopping center that is anchored by Foodland, a subsidiary of the Sullivan Family of Companies. The Property will also include over 300 residential apartments and two globally branded hotels (Holiday Inn Express and Candlewood Suites).

The shopping center comprises a mix of national, regional, and local tenants offering retail, restaurants, and personal services to the continuously growing and upscale community of Waikoloa Village.

Waikoloa Plaza

Asset Overview

Asset Value:
(Sales Approach)
$107,700,000
Addresses
68-1820 Waikoloa Road
Waikoloa Village, Hawaii 96738
County
Hawaii
County Zoning
CV-10
Property TMK (Retail)
(3) 6-8-003: 015
Land Area
15.282 Acres
Year Built
2022
Total Leasable SF
135,346
Current Occupancy
98.4%
Net Operating Income
$5,383,601
Value Per SF
$795.74

Valuation Brochure