Honolulu County Office Space

1500 Kapiolani Blvd Space
Urban Honolulu, HI
# 1500 Kapiolani > Retail and Office Space **Retail Description** Ground and mezzanine level retail or professional service spaces available for immediate lease. Its central location in the urban core is attractive to residents and businesses. 1500 Kapiolani is situated across the street from Hawaii' s largest mall, walking distance from the convention center and Waikiki. New high-rise condos are slated for the area, putting thousands of housing units on the market and increasing the population density. The building is surrounded by public transportation stops, easily accessible from the H-1 freeway and minutes from the Central Business District.   **Office Description** 1500 Kapiolani is a five story building located in the heart of the highly desirable Kapiolani Corridor. There are many full floor opportunities with various sizes of office space. Each floor can be accessed through the elevator, and has its own restrooms, plenty of water, and a multitude of layouts to support a variety of uses. Formerly a small college, the office space includes rare types of build out such as kitchen space with cafeteria, sterile labs, class room settings, various computer work stations, and plenty of furniture available for tenant' s use. Parking on the mezzanine level allows direct access into the building. Its central location in the urban core is attractive to residents and businesses. 1500 Kapiolani is situated across the street from Hawaii' s largest mall, blocks from the convention center, and within walking distance from the Ala Moana Beach Park and Waikiki. New high-rise condos are slated for the area, putting thousands of housing units on the market and increasing the population density nearby. The building is surrounded by public transportation stops, easily accessible form the H-1 freeway and minutes from the Central Business District.

Honolulu County

Office Space Market Report

Number of Listings (last 90 days)
225
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
1,160
As of: May 21, 2017

Honolulu County Rates

Most listings are in the $20's per square foot per year. The Honolulu County submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $8 per sqft per year. That's a 21% decline in rent.

Honolulu County Listing Supply

In the last 90 days, 225 listings have been posted online, so you'll want to check back regularly for new listings. About 4% of the listings in the Honolulu County 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 1,060 sqft. Most buildings in this market are close to 2 stories. Most buildings in this region were built in 1970 and are Class A.

Honolulu County Community

Market Report

Trends and status of the commercial real estate market in Honolulu County.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Honolulu County.
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