65 Walker Ave - Storefront Retail/Office FOR SALE


Wahiawa, HI 96786
$2,300,000 USD
619-507-1275
65 Walker Ave, Wahiawa, HI for Sale
$2,300,000 USD
Storefront Retail/Office - FOR SALE
1/4
null | 6.31% Cap Rate

65 Walker Ave
Wahiawa, HI 96786


HIGHLIGHTS

  • Central Wahiawa Commercial Location
  • Neighborhood-Serving Retail Corridor
  • Stable Local Trade Area
  • Military & Public-Sector Employment Influence
  • Value-Add Retail Opportunity
  • Supply-Constrained Hawaiian Retail Market

OVERVIEW

Central Wahiawa Commercial Location Located along South Kamehameha Highway, the property benefits from direct frontage on Wahiawa’s primary commercial corridor serving Central O’ahu. Wahiawa functions as a key connector between Honolulu, the North Shore, and nearby military installations, capturing consistent daily traffic from residents, commuters, and service-oriented users. The site’s visibility and accessibility support ongoing retail and service demand. Neighborhood-Serving Retail Corridor The property sits within Wahiawa’s established retail and service strip, characterized by locally focused businesses, essential services, and longstanding community operators. This corridor supports necessity-based retail and service uses that rely on repeat local traffic rather than destination shopping, reinforcing the property’s role as a functional neighborhood commercial location. Stable Local Trade Area Wahiawa is supported by a stable residential population with long-term occupancy and consistent demand for everyday goods and services. The surrounding trade area benefits from limited retail alternatives, encouraging reliance on nearby commercial offerings. These dynamics create a dependable customer base for value-oriented retail and service tenants. Military & Public-Sector Employment Influence Proximity to major military installations, including Schofield Barracks and Wheeler Army Airfield, provides a steady employment base and daily population flow into the surrounding area. Combined with education, healthcare, and public-sector employment, these drivers contribute to consistent weekday and weekend activity along the corridor. Value-Add Retail Opportunity The property presents an opportunity to reposition, re-tenant, or improve an existing retail structure in a supply-constrained Central O’ahu market. With limited new commercial development and high replacement costs, well-located assets along Kamehameha Highway offer investors the ability to enhance income through leasing, light renovation, or operational improvements. Supply-Constrained Hawaiian Retail Market Central O’ahu remains a highly supply-constrained retail market, where zoning limitations, entitlement hurdles, and elevated construction costs restrict new development. Investors benefit from owning infill commercial real estate with underlying land value and long-term relevance, even for secondary-quality improvements.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$390 USD /SF

CAP RATE

6.31%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

B-2

APN/PARCEL ID

1-7-4-003-064-0000

ASK ABOUT THIS PROPERTY

Adam AttiaMarcus & MillichapMore Info
619-507-1275

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Adam AttiaMarcus & MillichapMore Info
619-507-1275

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.