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Honolulu Shopping Centers for Sale
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Shopping Centers For Sale in Honolulu
Honolulu stands as Hawaii's primary gateway and a key center for business and finance, presenting significant opportunities for commercial real estate investing, especially in shopping centers. With numerous listings available, these properties are attractive due to Honolulu's substantial annual tourist numbers and a local population that provides a diverse and dynamic market. The city's infrastructure fosters a strong hospitality industry, and its importance in military defense contributes to economic stability. Educational institutions like the University of Hawaiʻi benefit the community, making it a prime location for retail. The area's mix of urban and natural attractions ensures a constant stream of visitors, boosting the potential of shopping centers here.
Shopping centers in Honolulu gain from the city's status as a major tourist hub and its strategic Pacific location, blending Eastern, Western, and Pacific cultures. This cultural diversity draws millions of visitors each year and supports a strong local consumer base. These centers often lie near beaches, cultural sites, and residential areas, making them accessible and appealing. For investors interested in a 1031 exchange, Honolulu offers a range of properties including apartment buildings catering to both short-term and long-term residents; restaurants reflecting the city's diverse culinary scene; specialty properties in hospitality or leisure; and office spaces for the business sector. These options, along with shopping centers, highlight the wide spectrum of commercial real estate opportunities in Honolulu, each benefiting from the city's demographic richness, strategic location, and solid infrastructure, positioning Honolulu as an all-encompassing and appealing market for CRE investments.
Learn About Shopping Centers For Sale in Honolulu
How many shopping centers listings are available for sale in Honolulu?
There are currently 15 shopping centers listings available for sale in Honolulu.
What factors should I consider when searching for shopping centers for sale in Honolulu?
When looking for shopping centers for sale in Honolulu, it's important to consider several key factors that can impact the success and viability of your investment.
- Evaluate the economic landscape of Honolulu, noting its role as a major hub for tourism, business, and finance in the Pacific, which supports a steady flow of potential customers.
- Consider the proximity to key infrastructure and amenities, including transportation links, tourist attractions, and residential areas, to ensure accessibility for both tenants and customers.
- Analyze the local market and competition by understanding the current demand for retail space and the presence of existing shopping centers to gauge market saturation and potential for growth.
How much does it cost to buy a shopping center in Honolulu?
The cost to buy a shopping center in Honolulu varies, with the current market offering an average price per square foot of $716, and an average of size of 6,062 SF.
What is the largest shopping center available to buy in Honolulu?
The largest shopping center available for sale in Honolulu spans 25,645 SF.
Why is Honolulu an ideal location for shopping centers for sale?
With Honolulu's role as Hawaii's primary gateway and a hub for tourism, business, and military defense, coupled with a high annual tourism revenue and a diverse, dynamic population, it presents a strategic location for the 15 shopping centers for sale, benefiting from the city's robust economic landscape and high visitor turnover.
Size Summary For Honolulu Shopping Centers
| Shopping Center Size | Square Feet |
|---|---|
| Maximum | 25,645 SF |
| Average | 6,062 SF |
| Minimum | 590 SF |
Prices for Honolulu Shopping Centers
| Shopping Center Price | Price Per SF |
|---|---|
| Maximum | $2,743 Per SF |
| Average | $716 Per SF |
| Minimum | $338 Per SF |
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