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Peggy Sue's Dinner Asset Sale 1279 S Kihei Rd 798 SF of 4-Star Retail Space Available in Kihei, HI 96753
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 303 | 798 SF | Negotiable | $58.80 /SF/YR $4.90 /SF/MO $46,922 /YR $3,910 /MO | Triple Net (NNN) |
1st Floor, Ste 303
FOR SALE: Iconic Peggy Sue’s Diner – Kihei, Maui, HI Asking Price: $115,000 Location: Azeka Shopping Center, Kihei, Maui Type: Asset Sale (Restaurant / Diner) Optional Add-On: Peggy Sue’s Food Truck Step into the past with Peggy Sue’s Diner, a beloved 1950s-style restaurant that has been a fixture of Kihei’s dining scene for decades. Perfectly situated in the high-traffic Azeka Shopping Center, this turn-key diner captures the heart of old-fashioned Americana right in the middle of Maui’s coastal charm. From the moment guests walk through the door, they’re greeted by chrome-accented counters, checkered floors, red vinyl booths, and vintage memorabilia that transport them back to the golden age of rock ’n’ roll. It’s not just a restaurant—it’s an experience that locals and visitors alike have cherished for years. Classic Menu Favorites: Peggy Sue’s is famous for its hand-pressed burgers, golden fries, and old-fashioned milkshakes—all served with a smile and a side of nostalgia. The menu features all the diner staples: juicy cheeseburgers, crispy onion rings, hearty breakfast plates, malts, and ice-cold root beer floats. Everything is made fresh to order, with recipes that have kept regulars coming back for generations. Business Highlights: • Prime South Kihei Road location in the busy Azeka Shopping Center, one of Maui’s top dining and retail destinations. • Fully equipped commercial kitchen and classic diner interior — ready for immediate operation. • Authentic retro design and recognizable branding that have made Peggy Sue’s a local landmark. • Outdoor seating potential and strong foot traffic from both locals and tourists. • Optional inclusion: a Peggy Sue’s-branded food truck, ideal for events, catering, or expanding to Maui’s food truck parks and festivals. • Favorable lease terms for qualified buyers. This is a rare opportunity to own one of Kihei’s most recognizable restaurants — whether you continue the Peggy Sue’s legacy or bring a new concept to this timeless space. With its fully equipped setup, prime location, and built-in nostalgic charm, Peggy Sue’s offers a perfect blend of history, heart, and business potential. Asking Price: $115,000 (Assets, Fixtures, Equipment, Branding, and Optional Food Truck) Sale Type: Asset Sale – No financials represented.
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT PEGGY SUE'S DINNER ASSET SALE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Kaiser Permanente
- Health Care
- 1,077
- National
- Maui Powerhouse Gym
- Fitness
- 2
- International
- O'Reilly Auto Parts
- Automotive
- 7,335
- International
- Panda Express
- Fast-food
- 2,742
- International
- Territorial Savings Bank
- Bank
- 21
- Local
- Wow Wow Hawaiian Lemonade
- Drinks/Juices
- 5
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Kaiser Permanente | Health Care | 1,077 | National |
| Maui Powerhouse Gym | Fitness | 2 | International |
| O'Reilly Auto Parts | Automotive | 7,335 | International |
| Panda Express | Fast-food | 2,742 | International |
| Territorial Savings Bank | Bank | 21 | Local |
| Wow Wow Hawaiian Lemonade | Drinks/Juices | 5 | National |
PROPERTY FACTS
| Total Space Available | 798 SF | Gross Leasable Area | 61,054 SF |
| Property Type | Retail | Total Land Area | 5.62 AC |
| Property Subtype | Freestanding | Year Built/Renovated | 1971/1991 |
| Total Space Available | 798 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 61,054 SF |
| Total Land Area | 5.62 AC |
| Year Built/Renovated | 1971/1991 |
FEATURES AND AMENITIES
- Signage
NEARBY MAJOR RETAILERS
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Peggy Sue's Dinner Asset Sale | 1279 S Kihei Rd
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