41-1537 Kalanianaloe Hwy 37,711 SF 92% Leased Retail Building Waimanalo, HI 96795 $14,542,395 CAD ($385.63 CAD/SF)

The Waimanalo Town Center is a rare opportunity to acquire the only multi-tenant retail center in the heart of one of O’ahu’s most authentic and scenic coastal communities. This center is a neighborhood commercial hub located along Kalaniana?ole Highway and framed between the Ko’olau Mountains and O’ahu’s longest stretch of white-sand beach. Waimanalo Town Center is a local gathering place currently offering small retail, service and dining options. It serves residents, tourists and pass-through traffic traveling between Kailua and Hawaii Kai. Sale includes both TMK 1-4-1-9: 275 & 278 (~2.2 acres). The property is currently under a Master Ground Lease that will expire on 12/14/2026. The center has approximately 36,000 square feet of rentable area (~65% occupied) including ~6,300 sq. ft. of second floor offices and ~95 parking stalls. This is a perfect opportunity for the value-add investor to create a gem within a supply-constrained and culturally rich community.