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Midas Auto Service 25 N Kamehameha Hwy 5,196 SF Retail Building Wahiawa, HI 96786 $2,511,005 CAD ($483.26 CAD/SF)

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Executive Summary

Rare ground lease investment opportunity with tenant in place through February 2040. Renegotiation in Feb 2030 for 7% of land market value (does not include improvements). Situated on an unusually large 10,000+ sq ft lot with direct access from Kamehameha Highway. Prime location in the heart of Wahiawa, ideal for long-term commercial use. The ground lease structure provides stable, predictable income with minimal landlord responsibilities and no building maintenance or operating expenses, along with future land value potential. Please do not disturb tenant. Existing business (Midas) is not included in the sale.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $85,266 $16.41
Other Income - -
Vacancy Loss - -
Effective Gross Income $85,266 $16.41
Net Operating Income - -

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $85,266
Annual Per SF $16.41
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $85,266
Annual Per SF $16.41
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Auto Repair
Building Size
5,196 SF
Building Class
C
Year Built
1980
Price
$2,511,005 CAD
Price Per SF
$483.26 CAD
Tenancy
Single
Building Height
1 Story
Slab To Slab
10’
Building FAR
0.48
Lot Size
0.25 AC
Zoning
B-2
Parking
10 Spaces (1.92 Spaces per 1,000 SF Leased)
Frontage
216’ on Kukui St

Amenities

  • Bus Line
  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Services
  • -
  • -
  • -

Midas is one of the world's largest providers of automotive service, including brake, maintenance, tires, steering, suspension, and exhaust services. In April 1956, Midas began life as a groundbreaking auto repair outlet with a reputation for service, quality, and reliability. Now after more than 60 years, the success story continues thanks to the tireless efforts of Midas franchisees and employees, whose neighborhood focus and day-to-day involvement fuel the worldwide appeal of their famous brand. Today more than ever, you can rely on them for expert brake repair, scheduled car maintenance, exhaust repair, new tires, oil change, steering repair, suspension systems repair, wheel alignment, and more.

  • Services
  • -
  • -
  • -

The first SpeeDee Oil Change opened in December 1980 in Metairie, Louisiana. Back then, automotive service stations were on the decline, but drivers’ needs for oil change service was on the rise. That’s where SpeeDee came in. SpeeDee swiftly grew into a quick lube and automotive tune-up service business and became SpeeDee Oil Change & Tune-Up to reflect these new service additions. Store numbers also multiplied as franchise opportunities opened. By the mid-90s, SpeeDee had added complete brake service and grown to a full-service auto maintenance and repair facility. In February 2017, SpeeDee became a subsidiary of Grease Monkey International LLC, providing franchisees with the opportunity to be part of one of the nation’s largest independent franchisors of automotive fast lube centers. SpeeDee has built trusted customer relationships based on reliability and professional service.

Tenant Industry SF Occupied Rent/SF Lease End
Services - - -
Services - - -
Walk Score®
Very Walkable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Foodland
American Savings Bank
First Hawaiian Bank
Zippy's
Rent-A-Center
Central Pacific Bank
L & L Hawaiian Barbecue

Property Taxes

Property Taxes

Parcel Number
1-7-3-004-003-0000
Land Assessment
$1,748,879 CAD
Improvements Assessment
$431,663 CAD
Total Assessment
$2,180,542 CAD
  • Listing ID: 39392337

  • Date on Market: 2026-02-10

  • Last Updated:

  • Address: 25 N Kamehameha Hwy, Wahiawa, HI 96786

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