Retail

Kona Inn Shopping Village & Kona Bay Hotel

75-5744 Alii Dr Kailua Kona, HI United States 96740-1784
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Building Area
Land Area ()

Property Description

Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire Kona Inn Shopping Village (“KISV” or the “Shopping Village”) and Kona Bay Hotel (“KBH” or the “Hotel”), collectively the “Property.”


Kona Inn Shopping Village and Kona Bay Hotel represents an extremely rare opportunity to acquire the fee simple interest of approximately eight acres directly on Kailua Bay. Holding an irreplaceable location in downtown Kailua-Kona, the Property is currently improved with a 86,153 square foot shopping village and 139 key hotel with immediate reposition and development potential.  


Available for the first time, Kona Inn Shopping Village and Kona Bay Hotel is a once in a generation opportunity. The Property is a trophy asset which offers a new owner the opportunity to shape the identity and future of Kailua-Kona.

Investment Highlights

  • GENERATIONAL ACQUISITION OPPORTUNITY
  • 8 ACRES FEE-SIMPLE ON KONA BAY
  • 750 FEET OF UNOBSTRUCTED OCEAN FRONTAGE
  • PREMIERE RETAIL AND HOSPITALITY REDEVELOPMENT POTENTIAL
  • DIRECT PATH TO REPOSITION WITH LIMITED IN-PLACE ENCUMBRANCES
  • WORLD RENOWN TOURIST DESTINATION
  • EXTREMELY HIGH BARRIER TO ENTRY MARKET
Last Updated Date: 11 Jun 2021
Eric Kathrein
Eric Kathrein
Senior Director, Capital Markets
License details
CA-01896107
Geoff Tranchina
Geoff Tranchina
Managing Director, Capital Markets
License details
CA-01435512

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Last Updated Date: 11 Jun 2021

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