Honolulu, HI
Commercial Real Estate Market Trends & Data

$557 Avg asking sale price
$114 Avg asking lease rate
10,451 SF Avg unit lease size
11,774 SF Avg building size for sale
4.70% Average cap rate

Honolulu's Demographic Profile

Honolulu has 155,940 households and a median income of $82,847, providing context for rent absorption and tenant demand across retail and multifamily assets. A -2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 397,689
# Households 155,940
Median age 45
Median household income $82,847
Avg household size 2.0
Renter-occupied housing units 81,848
5-year population change -2%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Honolulu, HI

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Honolulu $462 5,858 SF 5.00%
Mililani $400 26,248 SF 5.77%
Nearby Retail Markets Avg Cost/SF Typical Size
Honolulu $568 19,088 SF
Kailua $731 20,359 SF
Aiea $403 25,268 SF
Kaneohe $653 2,220 SF
Pearl City $780 4,872 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Honolulu $555 20,440 SF 6.26%
Mililani $481 24,108 SF 5.57%
Wahiawa $342 24,108 SF 5.57%
Waianae $363 10,200 SF 5.94%

Commercial Properties For Sale in Honolulu

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Kuakini Medical Plaza

Honolulu, HI 96817

  • 95,725 SF Office Building
  • $220,000
For Sale

1079-1085 S Beretania St

Honolulu, HI 96814

  • 12,573 SF Retail Building
  • $5,750,000
For Sale

2517 Ala Wai Blvd

Honolulu, HI 96815

  • 6,259 SF Multifamily
  • 5.39% Cap Rate
  • $3,800,000
For Sale

3154 Waialae Ave

Honolulu, HI 96816

  • 8,661 SF Multifamily
  • $2,595,000
For Sale

501 Sumner St

Honolulu, HI 96817

  • 232,019 SF Industrial Building
  • 5.00% Cap Rate
  • $1,850,000
For Sale

The Cambridge

Honolulu, HI 96826

  • 8,886 SF Multifamily
  • 3.76% Cap Rate
  • $4,300,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Honolulu pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Honolulu $557 11,774 SF
Kailua $595 18,194 SF
Waimanalo $278 37,711 SF
Aiea $436 7,960 SF

Multifamily Properties For Sale in Honolulu

For Sale

3154 Waialae Ave

Honolulu, HI 96816

  • 8,661 SF Multifamily
  • $2,595,000
For Sale

The Cambridge

Honolulu, HI 96826

  • 8,886 SF Multifamily
  • 3.76% Cap Rate
  • $4,300,000
For Sale

311 Puuhue Pl

Honolulu, HI 96817

  • 18,414 SF Multifamily
  • 5.01% Cap Rate
  • $7,300,000
For Sale

Waikiki Walina Apartments

Honolulu, HI 96815

  • 55,451 SF Multifamily
  • Price Upon Request

Regional Demographic Comparison

This comparison places Honolulu alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Honolulu or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Honolulu 397,689 155,940 45 $82,847 2 81,848 -2%
Kailua 34,003 11,638 43 $138,176 3 3,925 -5%
Waimanalo 4,806 1,153 39 $120,950 4 451 -8%
Aiea 8,623 2,662 45 $109,585 3 870 -9%
Kaneohe 33,966 10,706 43 $119,417 3 3,531 -5%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Honolulu, HI and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Honolulu

View All Commercial Real Estate For Sale in Honolulu
Is Honolulu a good market for a first-time commercial real estate investor?

Honolulu offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Honolulu?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Honolulu. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Honolulu?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Honolulu. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Honolulu compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Honolulu. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Honolulu acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Honolulu, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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