Listed by CBRE - Honolulu
Undisclosed Rate
138 Maa Street
Building Details
Property Type Land
Sub Type Commercial
Tenancy Single
Spaces
Ground Lease Price: Negotiable
Land | Single tenant | 2 acre
Building description
The property is offered either as a Fee Simple sale OR under a longterm Ground Lease, providing flexibility for developers, investors, and owner-users seeking a strategically located mixed use development site in Maui’s dominant industrial and commercial market.
Explore this fee simple land offering in the heart of Maui Lani Village Center. This large-format parcel provides highly flexible VMX (Village Mixed Use) zoning, allowing for a wide range of development possibilities including retail, medical, office, industrial, storage, logistics, or outdoor yard uses.
While commercial land isn’t technically scarce in Maui, meaningful development opportunities remain limited because of lengthy entitlement cycles, infrastructure requirements, and high construction costs, which naturally restrict the pace of new supply. Recent groundup projects have faced construction budgets that require significantly above market rents to pencil which makes well located fee simple land especially attractive for owner-users who can control their own costs rather than paying premium rents created by today’s development environment.
Located in Kahului within the master-planned Maui Lani Village Center, this property sits in one of Maui’s strong commercial trade areas. Surrounded by established mixed-use developments, new infrastructure, schools, retail, medical facilities, and residential communities, the site offers great access and connectivity throughout Maui.
For developers, investors, and owner-users, this parcel represents a new opportunity to acquire or lease a large, centrally located, and highly functional mixed-use development site in Maui’s dominant industrial and commercial markets.
Building highlights
- Location: Strategically located within the Maui Lani Village Center, a well-established and thriving planned community situated between Kahului and Wailuku.
- Zoning: VMX zoning provides a broad range of permitted uses, offering significant flexibility for development and investment. This zoning allows for mixed-use development, including commercial, retail, office, and potentially residential components.
- Frontage: Excellent visibility and accessibility with frontage on both Maa Street and Paa Street, providing multiple access points and enhancing development potential.
- Neighborhood: Situated within the Maui Lani planned community, known for its residential, recreational, and commercial offerings.
- Community context : Maui Lani is a designed community offering a blend of residential neighborhoods, recreational amenities, and commercial centers
- Adjacent properties: The property is conveniently located adjacent to Spectrum and Retina Eye Institute, adding to the commercial and professional appeal of the location.
- Supply & High Barriers to Entry – Permitting & development timelines have been seen between 9 20 months.
- High Demand for Commercial Lots – Owner-users & investors competing for properties, while vacancy rates remain tight.
- Rising Industrial Lease Rates & Property Values – Industrial sectorremains a top-performing asset class in Hawaii
- Strategic Location & Connectivity – Benefiting from close proximity to the Kahului Harbor and the airport, the parcel is well suited for logistics and distribution users, while the surrounding blend of retail, fitness, pet care, building supply, medical, and service oriented businesses underscores its appeal for a broad range of commercial occupiers.
Listing Contacts
Listed by CBRE - Honolulu
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