Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Pearlridge Center Restaurant Opportunity Title is generated by Realmo AI

    98-1005 Moanalua Road 1201B, Aiea, HI 96701

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Established restaurant business for sale in Pearlridge Center.

    Type:Land
    Property size:
    640 SF
    Price / SF:
    $328/SF
    Added:
    Mar 14, 2026
    Days on Market:
    60
    Last Refresh:
    Mar 19 at 11:30 pm

    Property Features for 98-1005 Moanalua Road 1201B

    General Information

    Standard status
    Active
    Size
    640 SF
    Property subtype
    Land

    Building Details

    Year Built
    2018

    We can help!

    Listing Contact
    Charlene W Lee

    Listing agent Charlene W Lee License #HI

    Listing office CENTURY 21 iProperties Hawaii

    Listing date Mar 14, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 iProperties Hawaii

    HighLights

    • Thriving, well‑established business.
    • Located in a high‑traffic area (Pearlridge Center).
    • Consistent foot traffic.
    • Loyal customer base.
    • Highly visible food concept.
    • Built in 2018.

    Overview

    This is an opportunity to own a business in a shopping destination. Steves Chicks is a food concept located in Pearlridge Center. The property size is 640 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Torrid Clothing & Fashion Store Pipe Dreams Lifestyle Clothing Store Subway Take-out & Catering Island Piano Studio, ... Tutoring Service Jeans Warehouse Clothing & Fashion Store

    Map

    City
    Aiea
    County
    Honolulu
    State
    Hawaii
    Longitude
    -157.939246
    Latitude
    21.386394

    Nearby Similar for Sale

    • $400,000

      Retail Space in Pearlridge Center

      Retail space in a high-traffic area of Pearlridge Center.
      98-1005 Moanalua Road unit: 2204, Aiea, HI 96701
      View Details
    • $85,000

      Established Dessert Business in Aiea

      Turnkey dessert business opportunity in a high-traffic Aiea location.
      99-082 Kauhale Street, Aiea, HI 96701
      View Details
    • $325,000

      Industrial Flex Commercial Business Opportunity

      Existing business with prime street frontage and expansion potential.
      98-019 Kamehameha Highway #3&4, Aiea, HI 96701
      View Details
    • $99,000

      Established Snack Shop in Waimalu

      Thriving snack shop with strong cash flow and minimal overhead.
      98-023 Hekaha Street #BLDG 6-001, Aiea, HI 96701
      View Details
    • $455,000

      Aiea Restaurant Opportunity For Sale

      Established Aiea restaurant with loyal customer base and steady revenue.
      98-20 Kamehameha Highway, Aiea, HI 96701
      View Details
    • $650,000

      Turn-Key Medical Office Suite

      Ground-floor office suite with recent renovations and 24/7 access.
      98-1247 Kaahumanu St Suite 106, Aiea, HI 96701
      View Details
    • $575,000

      Built-Out Office with Multiple Suites

      Office unit with multiple suites, wet bar, and restroom.
      98-1247 Kaahumanu Street Suite 311, Aiea, HI 96701
      View Details
    • $650,000
      4,955 SF

      Halawa Business Park Warehouse

      Warehouse in Halawa Business Park with freeway access.
      99-1392 Koaha Pl, Aiea, HI 96701
      View Details

    FAQs

    What type of property is this?
    Restaurant - Established restaurant business for sale in Pearlridge Center.
    Where is this restaurant located?
    The property is located at 98-1005 Moanalua Road 1201B Aiea, HI.
    What is the asking price?
    The asking price for this property is $210,000.
    What are key features of this property?
    This property features: Thriving, well‑established business.; Located in a high‑traffic area (Pearlridge Center).; Consistent foot traffic.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Charlene W Lee
    Real Estate License ID: HI
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    98-1005 Moanalua Road 1201B, Aiea, HI 96701
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!