276 Olive Ave
Wahiawa, HI 96786
Olive Garden · Multifamily Property For Sale · 7 Units

Central Wahiawa Commercial Location
Located just off of South Kamehameha Highway, the property benefits from easy access to 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 long-standing 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.
Steady Demand Driven by Local and O’ahu-wide Dynamics
Hawaii’s overall housing pressure — with persistent demand for housing units and limited supply — supports long-term rent growth fundamentals. Wahiawa’s rental market is poised for steady, positive growth over the next several years and its proximity to military bases (e.g., Schofield Barracks) and employment centers creates a stable renter base, helping insulate rent growth from major downturns.
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.