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Signalized-Corner Commercial Land
For Lease
$41,656

98-135 Kamehameha Hwy and 98-108 Lipoa Place, Aiea, HI 96701

BMX-3-zoned land offered through a long-term ground lease.

Space SizeContact for details
Days on Market187

Property Features for 98-135 Kamehameha Hwy and 98-108 Lipoa Place

General Information

Standard status Active
Property subtype Retail
Listing Agency: Hawaii - Honolulu
Listed By: Kelli Wilinski · License #RS-62770
Source: Colliers
Added: Feb 26 Changed: Aug 30 Last Checked: Aug 30 at 7:20PM

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 Hawaii - Honolulu

Investment Insights

Based on property information with market context.

This commercial land offering provides up to 41,656 SF across two parcels at 98-135 Kamehameha Highway and 98-108 Lipoa Place. The 20,656 SF parcel is available immediately, while the adjoining 21,000 SF parcel is scheduled to become available August 1, 2026. The property is offered for a long-term ground lease and carries BMX-3 zoning, with the source information identifying commercial and mixed-use development potential.

The site occupies a signalized corner along Kamehameha Highway in Aiea, directly across from Pearlridge Center. Its location provides highway exposure and convenient access, with potential applications identified for retail, showroom, or redevelopment uses.

Key Highlights

  • Up to 41,656 SF across two parcels
  • 20,656 SF parcel available now
  • Adjacent 21,000 SF parcel available August 1, 2026

Property Analytics

Current Use

Commercial land

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Demographics for 96701, HI

42,833
Population
15,407
Households
2.8
Avg Household Size
45
Median Age
39%
College-Educated
94%
High-School Grad
25.3 sq mi
ZIP Area
1,693
Density / Sq Mi
$107,888
Median Household Income
$58,224
Median Earnings
$1,930
Median Rent
$913,300
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - BMX-3-zoned land offered through a long-term ground lease.
Where is this commercial land located?
The property is located at 98-135 Kamehameha Hwy and 98-108 Lipoa Place Aiea, HI.
What is the lease rate?
The lease rate is $41,656.
What are key features of this property?
This property features: Up to 41,656 SF across two parcels; 20,656 SF parcel available now; Adjacent 21,000 SF parcel available August 1, 2026
More about this property
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