On average, listings lease in the $10's per square foot per year. The Downtown Honolulu region is seeing a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 4% increase in rent.
In the last 90 days, 566 listings have come on the market, so you'll want to check back regularly for new listings. About 11% of the available leases in the Downtown Honolulu are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,980 sqft. Most properties in this market are close to 8 stories. Most buildings in this area were built in 1972 and are Class A.
Education is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Downtown Honolulu residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Downtown Honolulu.
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