MORE INFO / VIEW OFFERING MEMORANDUM: https://selfstorageadvisory.com/properties/great-american-storage-development-site/
CBRE's Self Storage Advisory Group is retained as the exclusive listing advisor for Great American Storage - Hilo, a self-storage development that will consist of 704 units distributed across 85,225 net rentable square feet of ground level drive-up and interior climate-controlled storage space. The development is located in Kea'au, (a suburb of Hilo) and situated on Kea'au-Pahoa Bypass Road (24,330 VPD traffic count) in an area that has strong income with a household income average of $107,955 within a 5-mile radius.
Kea?au, Hawai'i is a fast-growing community in Puna on the Island of Hawai'i that is increasingly positioned as an affordable residential and workforce hub supporting East Hawai'i’s expanding economy. The local economic base is driven primarily by construction, agriculture, retail and personal services, and proximity to Hilo, the island’s main commercial and employment center. Nearby University of Hawai'i at Hilo, located roughly 10 miles away, enrolls approximately 2,800 students and serves as a key regional employer and innovation anchor for East Hawai'i. Looking ahead, Kea'au’s growth outlook is supported by continued residential development, infrastructure investment, and regional port improvements, positioning the community to capture population growth, construction-related employment, and spillover demand from Hilo’s healthcare, education, and logistics sectors as East Hawai'i continues to expand.
Local Licensee
Matt Bittick
HI Lic. RB-19143