Auction End Date: May 21, 2025 (Auction Site Link) - See auction site for offering materials.
Colliers and the RealINSIGHT Marketplace are pleased to present the opportunity to acquire the leasehold interest in the Hawaii Kai Shopping Center, a 144,797 square foot grocery-anchored shopping center in the Hawaii Kai neighborhood of Honolulu, Hawaii.
The Property is currently 79% leased and anchored by one of the country’s top grocers, Safeway, through 2036. Safeway has shown exceptional commitment to the Property starting over 40 years ago as the Center’s original anchor tenant. In 2022, Safeway, again, displayed its commitment by exercising its second 15-year renewal option to 2036. The Property’s other tenants complement Safeway and offer an investor a mix of national and regional tenants, including CVS, popular local restaurants, and other daily needs.
The Center is unique since it is one of only a handful of retail centers in the Hawaii Kai neighborhood. Developed by Henry J. Kaiser in the 1960s, the Hawaii Kai neighborhood, is one of the most affluent communities within the Honolulu metro area--the highest populated area of Hawaii.
