Maili Aloha Petroleum 87-718 Farrington Highway

The Maili Aloha Petroleum is located at 87-718 Farrington Highway in Waianae, Hawaii and represents a rare opportunity to acquire the fee simple interest (land and building) in a NNN leased free-standing investment on Oahu. The property is tenanted by Aloha Petroleum, Ltd., operating a fuel station paired with a 2,680 square foot convenience store occupied by 7-Eleven. The property benefits from exceptional visibility and consistent traffic volume along Farrington Highway (27.6K VPD). The tenant has 11+ years remaining on the current lease term, currently set to expire June 30, 2037. The lease features two rent re-openings in 2027 and 2032, offering near term NOI growth and future upside.

In addition to the net leased investment, the offering also includes nearly 2 acres (86,510 SF) of undeveloped B-2 zoned land directly behind the fueling and retail structures. This vacant land adds significant long term upside through ground leasing, expansion, or value add commercial improvements. Situated in the growing Waianae submarket, the property combines stable in place income with strategic development potential, making it a compelling investment for buyers seeking both security and long term appreciation.