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    98-199 Kamehameha Hwy Aiea, HI 96701

    For Lease
    $38 SF/Yr

    Prime Aiea location, fully equipped restaurant, lease assignment.

    Lot size:
    2,155 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional turnkey restaurant opportunity is located in the Pearl Kai Shopping Center, Suite F5, at 98-199 Kamehameha Highway in Aiea, Honolulu County, Hawaii, 96701. The property is classified as a single-tenancy retail space, specifically designed for restaurant use. The space is available via an assignment of lease, offering a seamless transition for a new operator. The lease term extends until February 28th, 2031, providing long-term stability. This is a premium offering, with an assignment price of $275,000. The property's prime location within the Pearl Kai Shopping Center ensures high visibility and accessibility for customers. Situated in Aiea, Hawaii, the restaurant benefits from a thriving local community and convenient access to major transportation routes. The fully equipped nature of the space minimizes upfront investment and allows for a rapid commencement of operations. This presents a unique chance to acquire an established restaurant space with a significant remaining lease term, eliminating the need for extensive build-out and permitting processes. Interested parties should act quickly to secure this exceptional opportunity. The property's coordinates are 21.3806566 latitude and -157.9426567 longitude.

    Property Features for 98-199 Kamehameha Hwy

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,155 SF

    Unit(s) available at that property

    Space
    Size
    2,155 SF
    Rate per SF
    $38

    HighLights

    • Turnkey hot pot restaurant available for assignment in Aiea, HI.
    • Includes existing furniture, fixtures, and equipment (FF&E).
    • Located in a high‑traffic retail center with ample free parking.
    • Lease assignment price: $275,000.
    • No percentage rent.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    H&R Block Tax Preparation Service Pearl Kai Dentistry Cosmetic Dentist Gale Marana DDS Dentist Yakiniku Jang Su Korean Barbecue Restaurant Powerhouse Gym Aiea Gym

    Map

    City
    Aiea
    County
    Honolulu
    State
    Hawaii
    Longitude
    -157.9426567
    Latitude
    21.3806566

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    FAQs

    What type of property is this?
    Restaurant - Prime Aiea location, fully equipped restaurant, lease assignment.
    Where is this restaurant located?
    The property is located at 98-199 Kamehameha Hwy Aiea, HI.
    What is the lease rate?
    The lease rate is $38 SF/Yr.
    What are key features of this property?
    This property features: Turnkey hot pot restaurant available for assignment in Aiea, HI.; Includes existing furniture, fixtures, and equipment (FF&E).; Located in a high-traffic retail center with ample free parking.
    Request Owner's contact information
    98-199 Kamehameha Hwy Aiea, HI 96701
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    Aiea, HI 96701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    98-199 Kamehameha Hwy Aiea, HI 96701
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