Hilo Retail Space

Hilo

Market Report

Number of Listings
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
12,000

Hilo Rates

Most listings are in the $30's per square foot per year. The Hilo region is experiencing a a rise in rates. In the last 3 months, the median rate increased $12 per sqft per year. That's a 60% rise in rent.

Hilo Listing Supply

In the last 90 days, 28 listings have been posted online, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 4% of the listings in the Hilo are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 12,000 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are around 1 floors. Most buildings in this market were built in 1971 and are Class A.

Hilo Community

Market Data

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