935 California Ave Wahiawa, HI 96786
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.
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Islander Drive Inn Restaurant
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Aloha Korean BBQ Restaurant
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Gordon Yang, Attorney At Law Law Firm
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Rajah Dat Snack Shop Grocery & Convenience Store Specialty Food Shop
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Malai Thai Kitchen Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.