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Waikoloa Plaza 68-1820 Waikoloa Rd 500 - 9,250 SF of Space Available in Waikoloa, HI 96738

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Highlights

  • Adjacent to three of Hawaii's luxurious resorts, Hilton Waikoloa, Waikoloa Beach Resort, and Mauna Kea Beach Hotel, provides a constant clientele.
  • Located within the self-contained community of Waikola Village on Main & Main, serving a local population of over 15,000 residents.
  • Well situated on an 11.89-acre parcel only 30 minutes from Kona International Airport, which serves over 1,200,000 visitors annually.
  • Waikoloa Plaza features a diverse array of nationally known retailers, including Popeyes, Fitness Forever, Holiday Inn Express, and Goodwill.

Space Availability (6)

Display Rental Rate as

  • Space
  • Size
  • Ceiling
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste Building F
  • 2,500-4,500 SF
  • 11’
  • 20-25 Years
  • Upon Request Upon Request Upon Request Upon Request
  • Triple Net (NNN)
68-1820 Waikoloa Rd - 1st Floor - Ste Building F
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Current condition: vacant pad at a prime corner location. Land lease or potential build-to-suit. The site plan allows for a double drive-thru.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Finished Ceilings: 11’
  • 1st Floor, Ste J 103
  • 2,250 SF
  • 11’
  • 5-10 Years
  • $60.00 /SF/YR $5.00 /SF/MO $135,000 /YR $11,250 /MO
  • Triple Net (NNN)
68-1820 Waikoloa Rd - 1st Floor - Ste J 103
Space Use
Retail
Condition
Shell Space
Availability
120 Days

Shell condition space with permits issued for a restaurant and bar. The landlord will build out per the permitted plans, and there is equipment available to furnish the space. There is a contiguous lanai with prime ocean views. This is an excellent opportunity in a resort area.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Finished Ceilings: 11’
  • 1st Floor, Ste M-104
  • 750 SF
  • 12’
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Negotiable
68-1820 Waikoloa Rd - 1st Floor - Ste M-104
Space Use
Retail
Condition
Shell Space
Availability
Now
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning
  • Finished Ceilings: 12’
  • Energy Performance Rating - A
  • Common Parts WC Facilities
  • Flexible Use
  • 1st Floor, Ste M-105
  • 500 SF
  • 12’
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Negotiable
68-1820 Waikoloa Rd - 1st Floor - Ste M-105
Space Use
Retail
Condition
Shell Space
Availability
Now
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Finished Ceilings: 12’
  • Energy Performance Rating - A
  • Flexible Use
  • 1st Floor, Ste M-106
  • 625 SF
  • 12’
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Negotiable
68-1820 Waikoloa Rd - 1st Floor - Ste M-106
Space Use
Office
Condition
Shell Space
Availability
Now
  • Mostly Open Floor Plan Layout
  • 1 Private Office
  • 1 Conference Room
  • 1 Workstation
  • Finished Ceilings: 12’
  • Space is in Excellent Condition
  • Drop Ceilings
  • Natural Light
  • Energy Performance Rating - A
  • Mountain Views!
  • 1st Floor, Ste M-107
  • 625 SF
  • 12’
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Negotiable
68-1820 Waikoloa Rd - 1st Floor - Ste M-107
Space Use
Office/Retail
Condition
Full Build-Out
Availability
Now
  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • 2 Private Offices
  • 1 Conference Room
  • 1 Workstation
  • Finished Ceilings: 12’
  • Space is in Excellent Condition
  • Flexible Use
Space Size Ceiling Term Rental Rate Rent Type
1st Floor, Ste Building F 2,500-4,500 SF 11’ 20-25 Years Upon Request Upon Request Upon Request Upon Request Triple Net (NNN)
1st Floor, Ste J 103 2,250 SF 11’ 5-10 Years $60.00 /SF/YR $5.00 /SF/MO $135,000 /YR $11,250 /MO Triple Net (NNN)
1st Floor, Ste M-104 750 SF 12’ Negotiable Upon Request Upon Request Upon Request Upon Request Negotiable
1st Floor, Ste M-105 500 SF 12’ Negotiable Upon Request Upon Request Upon Request Upon Request Negotiable
1st Floor, Ste M-106 625 SF 12’ Negotiable Upon Request Upon Request Upon Request Upon Request Negotiable
1st Floor, Ste M-107 625 SF 12’ Negotiable Upon Request Upon Request Upon Request Upon Request Negotiable

68-1820 Waikoloa Rd - 1st Floor - Ste Building F

Size
2,500-4,500 SF
Ceiling
11’
Term
20-25 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Current condition: vacant pad at a prime corner location. Land lease or potential build-to-suit. The site plan allows for a double drive-thru.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Finished Ceilings: 11’

68-1820 Waikoloa Rd - 1st Floor - Ste J 103

Size
2,250 SF
Ceiling
11’
Term
5-10 Years
Rental Rate
$60.00 /SF/YR $5.00 /SF/MO $135,000 /YR $11,250 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
120 Days

Shell condition space with permits issued for a restaurant and bar. The landlord will build out per the permitted plans, and there is equipment available to furnish the space. There is a contiguous lanai with prime ocean views. This is an excellent opportunity in a resort area.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Finished Ceilings: 11’

68-1820 Waikoloa Rd - 1st Floor - Ste M-104

Size
750 SF
Ceiling
12’
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Retail
Condition
Shell Space
Availability
Now

  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning
  • Finished Ceilings: 12’
  • Energy Performance Rating - A
  • Common Parts WC Facilities
  • Flexible Use

68-1820 Waikoloa Rd - 1st Floor - Ste M-105

Size
500 SF
Ceiling
12’
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Retail
Condition
Shell Space
Availability
Now

  • Located in-line with other retail
  • Space is in Excellent Condition
  • Finished Ceilings: 12’
  • Energy Performance Rating - A
  • Flexible Use

68-1820 Waikoloa Rd - 1st Floor - Ste M-106

Size
625 SF
Ceiling
12’
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Office
Condition
Shell Space
Availability
Now

  • Mostly Open Floor Plan Layout
  • 1 Private Office
  • 1 Conference Room
  • 1 Workstation
  • Finished Ceilings: 12’
  • Space is in Excellent Condition
  • Drop Ceilings
  • Natural Light
  • Energy Performance Rating - A
  • Mountain Views!

68-1820 Waikoloa Rd - 1st Floor - Ste M-107

Size
625 SF
Ceiling
12’
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Office/Retail
Condition
Full Build-Out
Availability
Now

  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • 2 Private Offices
  • 1 Conference Room
  • 1 Workstation
  • Finished Ceilings: 12’
  • Space is in Excellent Condition
  • Flexible Use

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 Waikoloa Plaza

  • Tenant
  • Description
  • US Locations
  • Reach
  • Ace Hardware
  • Retailer
  • -
  • -
  • Fitness Forever
  • Services
  • -
  • -
  • Foodland Supermarket
  • Retailer
  • -
  • -
  • Goodwill Industries of Hawaii
  • Retailer
  • -
  • -
  • Napa Auto Parts
  • Retailer
  • -
  • -
  • Popeye's Louisiana Kitchen
  • Accommodation and Food Services
  • -
  • -
Tenant Description US Locations Reach
Ace Hardware Retailer - -
Fitness Forever Services - -
Foodland Supermarket Retailer - -
Goodwill Industries of Hawaii Retailer - -
Napa Auto Parts Retailer - -
Popeye's Louisiana Kitchen Accommodation and Food Services - -

Property Facts

Total Space Available 9,250 SF
Min. Divisible 500 SF
Center Type Community Center
Parking 516 Spaces
Stores 1
Center Properties 1
Gross Leasable Area 136,000 SF
Total Land Area 11.89 AC
Year Built 2021

About the Property

Waikoloa Plaza, located at 68-1820 Waikoloa Road in Waikoloa Village, is an 11.89-acre shopping center offering high-visibility retail space for lease within one of Hawaii’s most established and upscale communities. Positioned just east of the Kohala Coast and approximately 20 minutes from Ellison Onizuka Kona International Airport, the center benefits from consistent traffic generated by residents and resort visitors. Waikoloa Plaza is built around the Waikoloa Village Golf Club, featuring an 18-hole championship course, pro shop, and restaurant. It is located just 5 miles east of Queen Ka'ahumanu Highway, providing excellent regional access and exposure. Within a ten-minute drive of Waikoloa Plaza are some of Hawaii’s most renowned resort destinations, including Hilton Waikoloa Village, Waikoloa Beach Resort, Mauna Lani Resort, and Mauna Kea Beach Hotel, placing the center in proximity to thousands of hotel rooms, condominiums, and timeshare units. The Kona Coast attracts approximately 1,200,000 visitors annually, creating strong demand for retail, food and beverage, and service-oriented uses. Waikoloa Plaza encompasses more than 136,000 square feet of gross leasable area and is anchored by Foodland and Ace Hardware, with a diverse mix of nationally recognized tenants including Popeyes, Holiday Inn Express, Fitness Forever, and Goodwill, contributing to steady daily traffic and strong co-tenancy. Waikoloa Plaza offers a unique advantage for tenants seeking a streamlined development and occupancy process, with an experienced on-site team capable of guiding concepts from design through completion, including access to architects, engineers, general contractors, property management, and operational support, all within one integrated platform. This retail space for lease in Waikoloa presents an exceptional opportunity for retailers, restaurants, and service providers seeking a strategic location in a growing area that serves both the local community and Hawaii’s thriving resort and tourism economy.

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
15 min drive
2024 Population
3,223
6,369
7,821
9,403
2029 Population
3,297
6,421
8,238
9,989
2024-2029 Projected Population Growth
2.3%
0.8%
5.3%
6.2%
Median Age
44.7
43.1
46.6
49.6
College Degree + Higher
27%
24%
29%
26%
Daytime Employees
594
1,186
3,018
3,439
Total Businesses
93
195
467
313
Average Household Income
$95,682
$95,465
$101,938
$115,017
Median Household Income
$75,466
$82,154
$83,285
$90,545
Total Consumer Spending
$45.2M
$87.5M
$112.9M
$138.8M
2024 Households
1,273
2,314
3,002
3,749
Average Home Value
$738,537
$719,262
$767,692
$832,748
  • Listing ID: 29318672

  • Date on Market: 7/11/2025

  • Last Updated:

  • Address: 68-1820 Waikoloa Rd, Waikoloa, HI 96738

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