On average, listings lease in the $30's per square foot per year. The Makakilo - Kapolei - Honokai Hale submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decline in rent.
In the last 90 days, 7 listings have been made available, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,250 sqft. Most properties in this market are close to 1 floors. Most buildings in this region were built in 0 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Makakilo - Kapolei - Honokai Hale residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.