Maili Sunset Marketplace
87-64 & 87-70 Farrington Hwy
Waianae, HI 96792
The Offering
Property Summary
- Asking Price $4,250,000
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Address
87-64 & 87-70 Farrington Hwy
Waianae, HI 96792 - Tax Map Key (1) 8-7-11: 81, 82, 83, 85
- Tenure Fee Simple
- Building Size 8,304 SF
- Gross Land Area 14,278 SF
- Land Area 21,421 SF
- Occupancy 89.5%
- Year Built 1975; 1980 Effective
- Height Limit 25 Feet
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Zoning
R-5 – Residential District
B-1 – Neighborhood Business District
Property Description
Cushman & Wakefield ChaneyBrooks is proud to offer the Maili Sunset Marketplace for sale, a premier shopping center situated on the beautiful Waianae coastline at 87-070 Farrington Highway. This three-story, multi-tenant property presents a remarkable investment opportunity, featuring a blend of successful businesses that draw both locals and visitors.
With its diverse and established tenant base, breathtaking ocean views, and prime location directly across from Maili Beach, this property offers significant upside potential. Whether you seek a stable income-producing asset or an opportunity for future appreciation, Maili Sunset Marketplace stands out as an exceptional investment.
Investment Highlights
COHESIVE TENANT MIX - The tenant selection was strategically crafted to complement the center and optimize parking lot utilization. Anchor tenants include popular breakfast and dinner establishments.
STUNNING OCEAN VIEWS - The upper levels of the building provide breathtaking ocean views of Maili Beach, enhancing the appeal of the businesses located here, particularly the dining establishments.
MAJOR THOROUGHFARE - Situated on the island’s sole thoroughfare connecting the west side to the rest of the island, this asset benefits from exceptional visibility and accessibility, with nearly 30,000 vehicles passing by the property daily.
WELL-MAINTAINED BUILDING - The property boasts modern amenities and a recently painted, inviting exterior, reflecting a high standard of upkeep and care.
SPACIOUS PARKING - The property features a large, recently repaved and restriped parking lot, ensuring convenience and ample space for both tenants and their customers.
COMMUNITY HUB - Maili Sunset Marketplace is more than just a commercial property; it’s a community hub where both locals and tourists gather to enjoy food, services, and entertainment.
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