The typical asking rate per listing is in the $10's per square foot per year. The Downtown Honolulu region is going through a decline in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 29% decrease in rent.
In the last 90 days, 36 listings have been made available, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 311% of the available leases in the Downtown Honolulu are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,050 sqft. Most properties in this region are approximately 10 stories. Most buildings in this area were built in 1972 and are Class A.
Education is the dominant industry in this market. 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.