On average, listings lease in the $20's per square foot per year. The Urban Honolulu submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decline in rent.
In the last 90 days, 132 listings have been posted online, so you'll want to check back regularly for new listings. About 5% of the office spaces in the Urban Honolulu are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 780 sqft. Most buildings in this region are around 3 floors. Most buildings in this market were built in 1972 and are Class A.