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The Property & Trade Area Highlights Queen Ka ahumanu Center is Maui s only regional shopping center and features the only department stores on the island... Macy s and Sears. The property is a 571,225-square-foot open air center featuring a unique roof structure to protect shoppers from the elements while still providing a true island shopping experience. Located strategically only minutes from Kahului Airport and three blocks from Kahului Harbor, one of the most frequently used ports for cruise ships visiting the island, the center is the prime island lifestyle shopping destination for visitors on the beautiful island of Maui. The Center features more than 100 national and regional stores, restaurants and services including Victoria s Secret, Bath & Body Works, Forever 21, American Eagle and Charlotte Russe. Plus, a Foodland grocery store and Starbucks. Entertainment offerings include an all-digital, six-screen theater featuring first-run movies. The Queen s stage in center court hosts over 300 festivals, island style award-winning performances and Hawaiian cultural celebrations and activities. 3
Prominent Retailers 180 Board Shop American Eagle Bath & Body Works Blue Ginger Charlotte Russe Consolidated Ka ahumanu 6 Theaters Foodland Forever 21 Fun Factory Kay Jewelers Local Motion Longs s Drugs (CVS Pharmacy) Macy s Sears Shapers Starbucks Victoria s Secret Zales 5
Demographics 33% of the residents within a 10-mile radius make more than $100,000 per year, which will grow to more than 38% by 2021. The residential consumer is health conscious and prefers to eat organic. The are price savvy, but will pay for quality brands. They are well-educated, tech savvy, eat out often and lead active lifestyles (enjoy yoga, hiking and more). Population 10-mile radius 86,919 30-mile radius 157,627 Hawai i 1,435,563 Median Home Value 10-mile radius $577,060 30-mile radius Hawai i $632,390 $556,224 Avg. Household Income 10-mile radius $88,895 30-mile radius $92,484 Hawai i $89,117 Queen Ka ahumanu Center is located in central Maui where the majority of the island population resides and works. Directly across the street is the island s only college, University of Hawai i Maui College, and the Maui Arts and Cultural Center, a state-of-the-art visual and performing arts complex. Median Age 10-mile radius 38.7 30-mile radius 40.4 Hawai i 39.1 *Source: ESRI 2017 7
Visitor Market 2.6M Tourists visited Hawai i in 2016 2016 $4.5B Spent spending increased 8.4% 80% 80% of every dollar is generated directly or indirectly by the visitor industry $423.7M Maui visitor spending grew 6.8% in March 2017 $217 Daily spending per person, increased 6.7% in March 2017 #1 island Maui island is rated the top spot in the world by readers of Conde Nast Traveler for 23 consecutive years $1.3B Q1 2017 spending increased 2.7% Q1 660,348 2017 arrivals to Maui increased 1.2% 275,441 cruisers In 2016, visitors debarked at the harbor located just three blocks from the center Source: HTA 9
Marketing Sparkles At Queen Ka ahumanu Center, marketing drives extensive traffic through an outstanding and aggressive experiential events program. More than 300 events take place each year featuring signature events such as... Fish & Poi Festival - Hawaiin-style culinary competition Crown on Maui Festival - Celebrating our multi-cultural community Kama aina Nights - Monthly concert series The Queen s Lei Day - Annual lei competition Live Local. Live Healthy. Expo - Healthy Maui living Maui Fresh Farmers Market - Weekly locally grown produce Maui Made Sundays - Monthly Maui artisan showcase Queen Ka ahumanu s Birthday Celebration & Festival - Honoring our Queen Let It Snow! - Family holiday entertainment Additionally, the center stays connected with guests and visitors through its website, social media programming, newsletters, text messaging and its Premier Rewards program. 11
Site Plan We offer a variety of options and pricing at the Center for traditional retail as well as non-traditional uses such as office, medical, educational training centers and more. We offer short-term, seasonal and long-term leases. 13
Lease Plans Good-to-Know Center Built 1972 Renovation Dates 1994 and 2005 New Renovation Dates 2017 Site 33 Acres Property Type Open-air regional mall Center Parking Spaces 2,858 spaces Stores 110 Total GLA 571,225 sf Small Shops 289,648 sf Outparcels 41,025 sf Anchors (Total) 240,552 sf 15
Deven D. Higa (S) Vice President, Retail Brokerage T +1 808 247 0616 F +1 808 235 3279 deven.higa@am.jll.com 1585 Kapiolani Boulevard, Suite 1750 Honolulu, Hawai i 96814-4524 jllretail.com/hawaii