FOR LEASE | BMX-3 ZONED LAND

BMX-Zoned Land

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

Available

41,656 SF

Land Area

0.96 Acres

Available

20,656 SF available now; 21,000 SF available August 1, 2026

Property Overview

Facts

Location: Aiea
Address: 98-135 Kamehameha Highway and 98-108 Lipoa Place, Aiea, HI, 96701
TMK: 1-9-8-014-018 and 1-9-8-014-019
Zoning: BMX-3
Land Area: 0.96 acres
Space Available: 41,656 SF
Real Property Tax: Tenant shall be responsible for real property tax under NNN lease structure.
Term: 20+ Years
Date Available: 20,656 SF available now; 21,000 SF available August 1, 2026

An exceptional long-term ground lease opportunity offering up to 41,656 square feet of highly visible BMX-3 zoned land at the signalized corner of Kamehameha Highway and Lipoa Place in Aiea. Positioned directly across from Pearlridge Center and near major retail, transit, and transportation corridors, the property provides outstanding exposure along a high-traffic Central Oahu commercial corridor. The offering includes a 20,656 square foot parcel available now and an adjacent 21,000 square foot parcel becoming available August 1, 2026, creating flexibility for retail, quick-service restaurant, showroom, commercial redevelopment, or mixed-use concepts. Base rent is negotiable, and the lease is structured as NNN with tenant responsibility for maintenance, real property tax, and insurance.

Highlights

Prime Corner:

Located at a signalized corner on Kamehameha Highway and Lipoa Place, the site offers excellent visibility and convenient access for customers and tenants.

Highway Exposure:

The property benefits from prominent frontage along Kamehameha Highway with reported traffic counts of 44,434 ADT, supporting strong retail and commercial visibility.

Flexible Zoning:

BMX-3 zoning provides flexibility for a range of commercial, retail, showroom, redevelopment, or mixed-use concepts in a central Aiea location.

Phased Availability:

The site includes a 20,656 square foot parcel available now and an adjacent 21,000 square foot parcel available August 1, 2026, allowing users to plan for current or future expansion.

Retail Proximity:

Directly across from Pearlridge Center and near Pearl Kai Shopping Center, Pearl City Shopping Center, Waimalu Plaza, and other retail destinations, the property is surrounded by strong consumer demand drivers.

Long-Term Control:

A 20+ year ground lease structure offers users and developers the ability to secure a prominent Central Oahu site for a long-term operating strategy.

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