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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

935 California Ave Wahiawa, HI 96786

123,720 SF 3.73 ac lot Built 1970
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity encompasses two adjacent retail centers in Wahiawa, Hawaii, totaling 123,720 square feet on 3.727 acres. The property features three single-story buildings, built in 1970, with a combined 31 suites and 200 parking spaces. Currently, the centers boast a strong tenant roster including Longs Drugs, Central Pacific Bank, Super Cuts, Foodland, Goodwill, Cricket Wireless, Pizza Hut, and Taqueria El Ranchero, ensuring a consistent income stream. The property enjoys a highly desirable location on California Avenue, near Muliwai Street, benefiting from its proximity to Wahiawa General Hospital, Schofield Barracks, Whitmore Village, and Wheeler Army Airfield, as well as a large residential population. With over 1.7 million annual visits, this property presents a compelling investment opportunity. The B-2 zoning allows for a variety of uses. Currently, 920 square feet of space is available for lease, with individual suites ranging from 300 to 2,200 square feet. The property's APN is 1-7-4-012-014-0000. This established retail center offers a unique blend of stability and growth potential in a thriving community. The property's strategic location and strong tenant mix make it an attractive investment for both seasoned and emerging investors seeking a high-return opportunity in the Hawaiian market.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1970
Total area 123,720 SF
Lot 3.73 ac (162,348 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Islander Drive Inn Restaurant
  • Aloha Korean BBQ Restaurant
  • Gordon Yang, Attorney At Law Law Firm
  • Rajah Dat Snack Shop Grocery & Convenience Store Specialty Food Shop
  • Malai Thai Kitchen Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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