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Waiakea Center 325 E Makaala St 1,440 - 18,422 SF of Retail Space Available in Hilo, HI 96720
HIGHLIGHTS
- TOP-PERFORMING ANCHORS: Premier power center with top-performing national anchors: Walmart, Ross, and OfficeMax
- MODERN AMENITIES: Center features a newly renovated, modern food court
- STRONG MARKET PERFORMANCE: Highly visited center with strong tenant performance and established sales potential
- PRIME LOCATION: Prime Hilo location at a busy signalized intersection along Mamalahoa Highway (VPD:35,900)
- CONVENIENT ACCESS: The center is positioned with proximity to Hilo’s retail node, next to Target, Safeway, Home Depot and regional mall
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 103 | 1,440 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 111 | 1,920 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste Pad 1 | 15,062 SF | 5 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable |
315 E Makaala St - 1st Floor - Ste 103
In-line retail space, standard retail build out. Positioned in a highly trafficked corridor with co-tenants such as Hawaii’s Finest Clothing, local eateries, and Walmart.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
315 E Makaala St - 1st Floor - Ste 111
Available.
- Located in-line with other retail
301 Makaala St - 1st Floor - Ste Pad 1
Walgreens (Dark - Available)
- Space is an outparcel at this property
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 WAIAKEA CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- OfficeMax
- Office Supply
- 492
- International
- Ross Dress for Less
- Other Retail
- 2,190
- International
- Walmart
- Dept Store
- 4,912
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| OfficeMax | Office Supply | 492 | International |
| Ross Dress for Less | Other Retail | 2,190 | International |
| Walmart | Dept Store | 4,912 | International |
PROPERTY FACTS
| Total Space Available | 18,422 SF | Frontage | |
| Center Type | Community Center | Gross Leasable Area | 324,937 SF |
| Parking | 1570 Spaces | Total Land Area | 48.10 AC |
| Center Properties | 5 | Year Built | 1996 |
| Total Space Available | 18,422 SF |
| Center Type | Community Center |
| Parking | 1570 Spaces |
| Center Properties | 5 |
| Frontage | |
| Gross Leasable Area | 324,937 SF |
| Total Land Area | 48.10 AC |
| Year Built | 1996 |
ABOUT THE PROPERTY
Waiakea Center is Hilo’s premier retail destination, just minutes from Hilo International Airport, historic Hilo Bay-Front, and positioned at the “Main & Main” in Hilo’s main commericial corridor. Anchored by national retailers like Walmart, Ross, and OfficeMax, and complemented by a strong mix of local shops, dining options, and service providers, the center draws consistent foot traffic from both locals and tourists. With over 1,100 parking stalls, excellent visibility, and a recently renovated food court, Waiakea Center offers an ideal location for businesses seeking a presence in Hilo.
- Food Court
NEARBY MAJOR RETAILERS
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Waiakea Center | 325 E Makaala St
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