INVESTMENT HIGHLIGHTS
Flexible Fee Simple Offering – The property is offered for sale with consideration for a new long term ground lease or space lease.
Redevelopment Potential – The site’s B-2 zoning regulations offers opportunities for redevelopment or expansion to suit various commercial needs.
Strategic Location with Highway Frontage – Situated on Aiea’s main thoroughfare, Kamehameha Highway, the property benefits from high visibility and accessibility, making it ideal for retail, office, or mixed-use developments.
Proximity to Amenities – The area is near various amenities, including shopping centers, restaurants, and medical facilities, with convenient access to the H-1 Freeway, enhancing convenience for both businesses and residents.
Transportation Access – Easy access to major highways and public transportation options facilitates commuting and attracts a steady flow of potential customers or tenants.
Community Engagement – Aiea is a vibrant community with a mix of residential and commercial establishments, providing a supportive environment for new developments.
Enhanced Urban Connectivity – Being nestled between the Pearl Highlands and Pearlridge stations of Honolulu’s Skyline rail system, the property benefits from improved connectivity to both regional and urban Honolulu. This strategic location facilitates easy commutes for residents and employees, making it an attractive site for redevelopment.
THE PROPERTY IS ALSO AVAILABLE THROUGH A LONG-TERM GROUND LEASE OR FOR SALE.
Sale Price: $3,800,000
GROUND LEASE:
Asking Rent: $25,100/Mo
Term: 20+ Years