Waikiki Commercial Real Estate

444 Niu St - Space Waikiki, Urban Honolulu, HI  
Aug 10
760
sqft
Industrial Retail

Waikiki

Market Report

Number of Listings
Posted in the last 90 days
19
Median Rate ($/sqft/yr)
$51
Median Size (sqft)
1,040

Waikiki Rates

Most listings are in the $50's per square foot per year. The Waikiki region is seeing a an increase in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 8% rise in rent.

Waikiki Listing Supply

In the last 90 days, 93 listings have been made available, so you'll want to check back regularly for new listings. About 16% of the available space in the Waikiki 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,100 sqft. Most properties in this area are approximately 7 stories. Most buildings in this market were built in 1978 and are Class A.

Waikiki Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Most of the folk of Waikiki work from home. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Waikiki.
Research