KAWAIHAE SHOPPING CENTER - FOR SALE
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1 KAWAIHAE SHOPPING CENTER - FOR SALE AKONI PULE HIGHWAY KAMUELA, HI Gregory G. Ogin, CCIM, CPM Managing Director gogin@svn.com SVN CLARK COMMERCIAL GROUP KUAKINI HIGHWAY, SUITE 214, KAILUA KONA, HI OFFERING MEMORANDUM
2 Disclaimer PROPERTY INFORMATION 4 Property Summary Additional Photos Location Overview Location Maps Aerial Map Floor Plans Demographics Map ABOUT SVN CLARK COMMERCIAL GROUP12 About SVN Core Covenants Advisor Bio & Contact Back Page KAWAIHAE SHOPPING CENTER AKONI PULE HIGHWAY, KAMUELA, HI OFFERING MEMORANDUM
3 Disclaimer The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase of the property within and is not to be used for any other purpose. This information should not, under any circumstances, be photocopied or disclosed to any third party without the written consent of the SVN Advisor or Property Owner, or used for any purpose whatsoever other than to evaluate the possible purchase of the Property. The only party authorized to represent the Owner in connection with the sale of the Property is the SVN Advisor listed in this proposal, and no other person is authorized by the Owner to provide any information or to make any representations other than contained in this Offering Brochure. If the person receiving these materials does not choose to pursue a purchase of the Property, this Offering Brochure must be returned to the SVN Advisor. Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein, and nothing contained herein is or shall be relied upon as a promise or representation as to the future representation of the Property. This Offering Brochure may include certain statements and estimates with respect to the Property. These Assumptions may or may not be proven to be correct, and there can be no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and all liability for representations or warranties, expressed or implied, contained in or omitted from this Offering Brochure, or any other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled to rely solely on those representations and warranties that may be made to it in any final, fully executed and delivered Real Estate Purchase Agreement between it and Owner. The information contained herein is subject to change without notice and the recipient of these materials shall not look to Owner or the SVN Advisor nor any of their officers, employees, representatives, independent contractors or affiliates, for the accuracy or completeness thereof. Recipients of this Offering Brochure are advised and encouraged to conduct their own comprehensive review and analysis of the Property. This Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property and expressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any time with or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the Offering Brochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed Real Estate Purchase Agreement on terms acceptable to Owner, in Owner s sole discretion. By submitting an offer, a prospective purchaser will be deemed to have acknowledged the foregoing and agreed to release the Owner and the SVN Advisor from any liability with respect thereto. To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchaser should not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate Purchase Agreement shall bind the property and each prospective purchaser proceeds at its own risk. KAWAIHAE SHOPPING CENTER AKONI PULE HIGHWAY KAMUELA, HI SVN Clark Commercial Group Page 3 All Sperry Van Ness Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. HI #RB-16614
4 1 PROPERTY INFORMATION Akoni Pule Highway Kamuela, HI KAWAIHAE SHOPPING CENTER AKONI PULE HIGHWAY KAMUELA, HI SVN Clark Commercial Group Page 4
5 Property Summary - Kawaihae Shopping Center OFFERING SUMMARY Sale Price: $3,500,000 Leasehold Lot Size: 36,765 SF Year Built: 1986 Building Size: 15,535 SF PROPERTY OVERVIEW Highly visible, highly trafficked, the Kawaihae Shopping Center offers a large customer base, ease of access and strong street presence. Located at the edge of Kawaihae Harbor and just minutes from the reknown landmark national historic site Puuhokolau Heiau. Quant and charming, the Kawaihae Shopping Center hosts numerous retail attractions for both visitor and kamaaina alike. Two Story Building -- with one story at street level, the other story at Harbor level. Anchor Tenants include Harbor Gallery, Kohala Kitchen, Mountain Gold, Kohala DIvers, Anuenue Shave Ice and Kohala Burger. Fantastic Harbor and ocean views. This is a leasehold property. The current ground lease expires in PROPERTY HIGHLIGHTS Fantastic Opportunity! Zoning: Market: Submarket: CV-10 Hawaii Hawaii Island Kawaihae Harbor -- a popular hub for both locals and visitors alike Fun, casual retail building located in picturesque Kawaihae Highly Trafficked - over 7,000 vehicles/day Strong Visibility & Street Presence Price / SF: $ Great Growth Potential! KAWAIHAE SHOPPING CENTER AKONI PULE HIGHWAY KAMUELA, HI SVN Clark Commercial Group Page 5
6 Additional Photos KAWAIHAE SHOPPING CENTER AKONI PULE HIGHWAY KAMUELA, HI SVN Clark Commercial Group Page 6
7 Location Overview - Kawaihae Shopping Center LOCATION OVERVIEW High visibility, highly trafficked, on the way to Hawi located in picturesque, historic Kawaihae. Adjacent to Kawaihae Harbor. Easily accessible to residents of Waimea and Hawi/Kapaau, and a convenient stopping point for visitors making the journey from Kailua-Kona or Waikoloa to the visitor district of Hawi located at the north end of beautiful Hawaii Island. Wonderful Harbor views. Just minutes from the highly visited Puuhokola Heiau National Historic Site. At the edge of the Pacific Ocean! KAWAIHAE SHOPPING CENTER AKONI PULE HIGHWAY KAMUELA, HI SVN Clark Commercial Group Page 7
8 Located At The North End Of Hawaii Island In Sunny Kawaihae Kawaihae Shopping Center KAWAIHAE SHOPPING CENTER AKONI PULE HIGHWAY KAMUELA, HI Kawaihae Shopping Center SVN Clark Commercial Group Page 8
9 This Leasehold Parcel Sits At The Edge Of Kawaihae Harbor Kawaihae Shopping Center KAWAIHAE SHOPPING CENTER AKONI PULE HIGHWAY KAMUELA, HI SVN Clark Commercial Group Page 9
10 Floor Plans - 1st & 2nd Floors KAWAIHAE SHOPPING CENTER AKONI PULE HIGHWAY KAMUELA, HI SVN Clark Commercial Group Page 10
11 Demographics Map POPULATION 1 MILE 5 MILES 10 MILES Total population 66 2,025 8,924 Median age Median age (male) Median age (Female) HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES Total households ,283 # of persons per HH Average HH income $82,010 $89,963 $92,435 Average house value $580,894 * Demographic data derived from 2010 US Census KAWAIHAE SHOPPING CENTER AKONI PULE HIGHWAY KAMUELA, HI SVN Clark Commercial Group Page 11
12 2 ABOUT SVN Akoni Pule Highway Kamuela, HI KAWAIHAE SHOPPING CENTER AKONI PULE HIGHWAY KAMUELA, HI SVN Clark Commercial Group Page 12
13 About SVN The SVN brand was founded in 1987 out of a desire to improve the commercial real estate industry for all stakeholders through cooperation and organized competition. Today, SVN International Corp., a full-service commercial real estate franchisor of the SVN brand, is comprised of over 1,600 Advisors and staff in over 200 offices across the globe. Geographic coverage and amplified outreach to traditional, cross-market and emerging buyers and tenants is the only way to achieve maximum value for our clients. Our proactive promotion of properties and fee sharing with the entire commercial real estate industry is our way of putting clients needs first. This is our unique Shared Value NetworkSM and just one of the many ways that SVN Advisors create amazing value with our clients, colleagues and communities. Our robust global platform, combined with the entrepreneurial drive of our business owners and their dedicated SVN Advisors, assures representation that creates maximum value for our clients. KAWAIHAE SHOPPING CENTER AKONI PULE HIGHWAY KAMUELA, HI SVN Clark Commercial Group Page 13
14 SVN Clark Commercial Group Core Covenants A company s core values provide clarity on what is truly important for organizational success, personal and professional conduct and what to expect from each other. At SVN our Core Covenants personify our values and culture and differentiate us from the competition. As members of the SVN Shared Value Network, we each commit to do the following: 1 CREATE AMAZING VALUE WITH MY CLIENTS, COLLEAGUES AND COMMUNITY COOPERATE PROACTIVELY AND PLACE MY CLIENTS BEST INTERESTS ABOVE MY OWN. INCLUDE, RESPECT AND SUPPORT ALL MEMBERS OF COMMERCIAL REAL ESTATE INDUSTRY HONOR MY COMMITMENTS. PERSONIFY AND UPHOLD THE SVN BRAND. RESOLVE CONFLICTS QUICKLY, POSITIVELY AND EFFECTIVELY. TAKE PERSONAL RESPONSIBILITY FOR ACHIEVING MY OWN POTENTIAL. EXCEL IN MY MARKET AREA AND SPECIALTY. FOCUS ON THE POSITIVE AND THE POSSIBLE. NURTURE MY CAREER WHILE VALUING THE IMPORTANCE OF FAMILY, HEALTH AND COMMUNITY. KAWAIHAE SHOPPING CENTER AKONI PULE HIGHWAY KAMUELA, HI SVN Clark Commercial Group Page 14
15 Advisor Bio & Contact GREGORY G. OGIN, CCIM, CPM Managing Director PROFESSIONAL BACKGROUND Gregory G. Ogin, CCIM, CPM, serves as President of SVN Clark Commercial Group, a division of Clark Realty Corporation. Since 1996, he has brought the commercial division of Clark Realty Corporation from three buildings in Kailua-Kona to over 700,000 square feet on the island of Hawaii. Greg has managed properties since 1981, when he supervised and managed five resort stores and a 10,000 square foot resort department store for Liberty House of Hawaii Island. He was then appointed by the Mayor as Deputy Managing Director of the County of Hawaii, where he was in charge of County Operations in West Hawaii. Greg later owned a small, independent, commercial real estate firm which started as a division of Gerry Rott and Associates Kuakini Highway Suite 214 Kailua Kona, HI T C gogin@svn.com HI #RB Greg s numerous activities include serving on the Board of Hawaii Island United Way, Lai Opua 2020, Kona Family YMCA and Hawaii Disciplinary Board (Hawaii BAR). He serves as President of Amfac Community Council, Rotary Club Kailua-Kona, Kona Kohala Chamber of Commerce, past-president of Kauai Road Runners, and founding President of Children s Advocacy Center. Greg also chairs the Hokulia Parks and Cultural Services Association, Kona Community Development Plan, and Kailua Village Improvement Plan. EDUCATION North Hennepin State University MEMBERSHIPS & AFFILIATIONS CCIM, CPM KAWAIHAE SHOPPING CENTER AKONI PULE HIGHWAY KAMUELA, HI SVN Clark Commercial Group Page 15
16 Kuakini Highway, Suite 214 Kailua Kona, HI svnccg.com All SVN Offices Independently Owned & Operated 2018 All Right Reserved
KAWAIHAE SHOPPING CENTER -- FOR LEASE
KAWAIHAE SHOPPING CENTER -- FOR LEASE 61-3665 AKONI PULE HIGHWAY KAMUELA, HI 96743 Gregory G. Ogin, CCIM, CPM Managing Director 808.329.6446 gogin@svn.com SVN CLARK COMMERCIAL GROUP 75-5722 KUAKINI HIGHWAY,
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