CBRE Capital Markets, as exclusive advisor, has been retained to sell the Leased Fee interest in the property known as the Fairway Shops, located at 2580 Kekaa Drive, Kaanapali, Maui. The property consists of approximately 3.15 acres of BR zoned land leased through May 31, 2077 (approximately 52 years) with known rent increases throughout the term of the lease. The 34,668 square feet of improvements lies on 3.15 acres and is leased to Fairway Shops Maui, LLC who is responsible for all property expenses.
This property provides high visibility on primary thoroughfare of Hanoapiilani Highway as the gateway into and out of West Maui. The property resides within a strong residential demographic trade area and home to over 13,000 residents and a $108,000 average household income within a 3-mile radius of the subject property.