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
Basic Facts
| Status: Open | Type: Industrial Retail | Purchase Type: Fee Simple | Area: 4872 sq ft |
| Lot size: 22793 sq ft | Year built: 1937 | Zoning: B-2 |
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- Senior Associate
As a Senior Associate at Cushman & Wakefield Chaney Brooks (CWCB) in Oahu, Kelly is a specialist in the Industrial Commercial Real Estate arena. With over half a decade of experience she provides excellent client service and is a leader in the Hawai’i market. Kelly has completed over 250 transactions for both landlords, tenants, buyers and sellers. Her commitment to her clients is unparalleled. As a major force for the Industrial Division at CWCB Hawai'i, she oversees more than 500,000 square feet of industrial space, always ensuring her clients are met with nothing but the best. Kelly is an active participant in key industry organizations, such as NAIOP and CCIM. she will be acquiring her CCIM designation in 2024, this shows her dedication to ongoing professional enhancement, always aiming to elevate the value she offers to her clientele. Oahu-born and raised, Kelly's connection with the island goes beyond her profession. Her local insights are enriched by her dual BBA in Finance and MIS from the University of Hawaii at Manoa. Beyond this academic rigor, she passionately serves as the Secretary for the Shidler College of Business Alumni Association, where she contributed to securing $65,000 for student scholarships in 2023.
- Licensed Real Estate Salesperson, State of Hawaii: RS-79079
- (808) 544-1781
- kvea@chaneybrooks.com
