WAILEA VILLAGE CENTER
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- Shanon Malone
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2 VILLAGE CENTER VILLAGE Located at the primary intersection of Wailea Alanui Drive and Wailea Ike Drive, in the heart of the Wailea Resort, Wailea Village is at the gateway to the greater Wailea/Makena area. Wailea Village is an existing retail village center that will be improved and expanded for additional retail and dining. Current tenants include Wailea Blue Golf Course, Manoli s Italian Restaurant, Waterlily Boutique, Juvenal Salon & Spa, Snorkel Bob s Dive Shop, Coldwell Banker, and Wailea Medical Center, among others. Features: Main & Main location at the intersection of Wailea Ike Drive and Wailea Alanui Drive High visibility location with excellent parking and ingress/egress Across the street from Shops at Wailea Regional Mall, Grand Wailea Hotel, Andaz Hotel, and Four Seasons Hotel New 200-room Marriott opened June 2016 across the street. Marriott is adding 100 rooms on the property it is purchasing next door. Over 3,700 luxury hotel rooms within Wailea alone The Wailea/Makena area is home to Hawaii s most affluent demographic with Hawaii s most prestigious residential communities and has established itself with many luxury residential communities Wailea Blue Golf Course Clubhouse on property with 40,000 to 45,000 rounds of golf annually The most successful restaurants on the island of Maui are located in Wailea
3 AT A GLANCE HONOU ULA FUTURE RESIDENTIAL DEVELOPMENT Hotels... 2,382 Condominium Hotels Under Construction (Hotels) Total Visitor Accommodations... 2,995 Average HH Income... $60,785 Median Single Family Home*... $699,000 Median Condominium*... $519,000 * For year end 2017 TO KAHULUI VIA PIILANI HWY 31 f PUALANI KAPILI ST OKOLANI DR PIILANI HWY 31 GRAND CHAMPIONS VILLAS GATEWAY CENTER KEALA O TOWN CENTER IKI IKI DR DR EKOLU EKOLU KALAI WAA ST FAIRWAY VILLAS GOLF ESTATES THE RIDGE HOTEL HIGHLANDS KAUKAHI ST EMERALD GOLF COURSE PALMS HOKU O KAI MALU FAIRWAY ESTATES ALANUI DR TENNIS CLUB BLUE GOLF COURSE THE SHOPS AT BLUE GOLF CLUB HOUSE BLUE GOLF COURSE HOOLEI GOLF VISTAS ALANUI DR TO DISCOVERY PROPERTIES MAKENA RESORT f S KIHEI RD TO KIHEI f EKAHI MALUHIA ELUA VILLAS POINT
4 S HOTELS ARE RATED IN THE TOP 10 IN HAWAII MAUI RESTAURANTS AMONG 100 BEST FOR FOODIES OPENTABLE.COM SEPTEMBER 2016 AVERAGE DAILY ROOM RATE $ VISITORS CONTRIBUTE OVER $3.5B ANNUALLY TO MAUI S ECONOMY IS CONSISTENTLY RATED AS ONE OF THE WORLD S BEST ES DESTINATION:, MAUI Wailea is a peaceful oasis like no other. It s where the affluent and celebrities gravitate to escape the pressures of day-to-day living and to revitalize their spirits. This self-contained, master-planned resort and residential community is revered for its uncompromising amenities like world-class golf courses, tennis gardens, *Hawaii s best hotels, world s best beaches and shopping. Retail sales in Wailea are driven by both local island residents and the resort visitors. The resort has approximately **2,731 rooms with a median occupancy of 83.4% and an average daily room rate of $492.20, the highest average room rate in the State of Hawaii. Since 2010, spending by those on vacation in Maui has increased by 42%. In 2016, visitors collectively spent $3.5 billion. There are 12 airlines that have direct flights from San Francisco to Maui, making access to Wailea more convenient than ever. According to the Hawaii Tourism Authority, 83% of the people who travel to Maui do so for vacation. * U.S. News & World Report Travel ** Smith Travel Research Copyright 2016 Hospitality Advisors LLC
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6 Site Plan
7 FOR MORE INFORMATION: SCOTT A. CROCKFORD (B), CSM Vice President scott.crockford@cbre.com MOE A. SEARS (B), MBA Associate moe.sears@cbre.com 2017 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. SC:RMP_RE00WaileaVillage_
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