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Keolu Shopping Center 1090 Keolu Dr 20,359 SF 93% Leased Retail Building Kailua, HI 96734 $14,888,000 ($731.27/SF)

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EXECUTIVE SUMMARY

Pacific Property Group, Inc. (PPG) is pleased to present the rare opportunity to acquire Keolu Shopping Center, a retail asset located in the heart of Kailua’s Enchanted Lakes neighborhood on the Windward side of O‘ahu. This well-positioned property offers investors a stabilized income stream, 100% tenant occupancy, and significant potential for future growth in one of Hawai‘i’s most desirable communities.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
20,359 SF
Building Class
B
Year Built
1997
Price
$14,888,000
Price Per SF
$731.27
Percent Leased
93%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
9’
Building FAR
0.24
Lot Size
1.95 AC
Zoning
B-1
Parking
167 Spaces (8.2 Spaces per 1,000 SF Leased)
Frontage
319’ on Keolu Dr

AMENITIES

  • Bus Line
  • Dedicated Turn Lane
  • Signage

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Red Light Kailua
  • Services
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Red Light Kailua Services - $9.99 Lorem Ipsum Jan 0000

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 106A
  • 800 SF
  • Retail
  • -
  • Now
  • 111
  • 590 SF
  • Retail
  • -
  • Now

Turnkey Kailua Bakery Available Now! FF&E Premium for $50,000. Lease available for 3 year term for $3.50/SF/Mo Base Rent + $1.75/SF/Mo CAM. Ideal for a bakery/dessert concept.

Space Size Space Use Position Available
106A 800 SF Retail - Now
111 590 SF Retail - Now

106A

Size
800 SF
Space Use
Retail
Position
-
Available
Now

111

Size
590 SF
Space Use
Retail
Position
-
Available
Now

111

Size 590 SF
Space Use Retail
Position -
Available Now

Turnkey Kailua Bakery Available Now! FF&E Premium for $50,000. Lease available for 3 year term for $3.50/SF/Mo Base Rent + $1.75/SF/Mo CAM. Ideal for a bakery/dessert concept.

NEARBY MAJOR RETAILERS

Starbucks
Safeway
L & L Hawaiian Barbecue
CrossFit
American Savings Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-4-2-024-004-0000
Land Assessment
$12,156,500
Improvements Assessment
$933,600
Total Assessment
$13,090,100
  • Listing ID: 35529579

  • Date on Market: 4/16/2025

  • Last Updated:

  • Address: 1090 Keolu Dr, Kailua, HI 96734

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