440 Aleka Pl - Freestanding FOR SALE


Kapaa, HI 96746
$3,400,000 USD
808-542-9846
440 Aleka Pl, Kapaa, HI for Sale
$3,400,000 USD
Freestanding - FOR SALE
1/22
null | 6.21% Cap Rate

440 Aleka Pl
Kapaa, HI 96746


HIGHLIGHTS

  • Prime Location in Kauai's East Side resort district
  • Surrounded by 1,900+ visitor units
  • Commercial Condo within the Aston Islander on the Beach Resort
  • Good mix of food, service, retail, and experiential uses
  • Prime opportunity for owner-user
  • Ample parking and easy ingress/egress along Kuhio Highway

OVERVIEW

The Beall Corporation (“TBC”) has been exclusively retained by Ownership to present Islander Shops, a fee simple retail property located in the heart of Kapaa on Kauai’s East Side. The offering consists of a collection of retail and restaurant suites totaling approximately 6,474 square feet, positioned steps from several of the island’s busiest beachfront resorts and immediately adjacent to the Coconut Marketplace shopping center. This is a rare opportunity to acquire a well-located Kauai retail asset in a market where high-quality, small-format centers trade infrequently. With strong daily foot traffic generated by more than 1,900 surrounding visitor units and steady demand from the island’s most populated residential corridor, Islander Shops offers investors a stabilized, easy-to-operate property with meaningful long-term upside.

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$680 USD /SF

CAP RATE

6.21%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Islander Shops

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6 AC

LAND SF

261,360 SF

ZONING

RR-20

APN/PARCEL ID

4-4-3-002-013-0000

ASK ABOUT THIS PROPERTY

Cory BeallThe Beall CorporationMore Info
808-542-9846

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Cory BeallThe Beall CorporationMore Info
808-542-9846

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.