honolulu Retail Market Report
By CREhunt Research · Data through Q2 2025 · Aggregated from JLL
Quarterly retail market indicators for honolulu, aggregated by CREhunt from JLL. As of Q2 2025, average asking rent was $53.64/SF/yr and vacancy was 4.1%, per JLL.
Projected current retail pricing — honolulu
Modeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for honolulu retail yet, so this applies the typical cap rate across comparable retail markets — treat it as a rough, indicative range that sharpens as sourced cap rates arrive. Projected asking rent × occupancy × net-operating-income margin band ÷ a benchmark cap rate, from Q2 2025 JLL asking-rent data (benchmark cap rate 6.1%–7.2%, asking rent held flat). Assumes ~96% occupancy and a 65–82% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q2 2025 JLL | $53.64/SF/yr | 4.1% | -106K SF | — | JLL |
Frequently asked questions
- What is the average asking rent for retail space in honolulu?
- As of Q2 2025, the average asking rent for retail space in honolulu was $53.64/SF/yr, per JLL.
- What is the retail vacancy rate in honolulu?
- The retail vacancy rate in honolulu was 4.1% as of Q2 2025 (JLL).
- Where does CREhunt's honolulu market data come from?
- This report aggregates quarterly retail market data for honolulu from JLL.