Westminster Commercial Real Estate

66 E Main St - 6 Spaces Westminster, MD former firehouse of westminster
Aug 14
130 - 440
sqft
Office
66 E Main St - 6 Spaces Westminster, MD former firehouse of westminster
Aug 14
260 - 6,700
sqft
Office Retail
150 Airport Dr - Space Westminster, MD roll up door
May 22
3,410
sqft
Industrial Mixed Use Office
15 E Main St - Unit 225 Westminster, MD HVAC
May 15
520
sqft
Office

Westminster

Market Report

Number of Listings
Posted in the last 90 days
14
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
440

Westminster Rates

Most listings are in the $10's per square foot per year. The Westminster region is going through a a boost in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 17% increase in rent.

Compared to the rest of the Greater Baltimore market, the Westminster submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

Westminster Listing Supply

In the last 90 days, 61 listings have been made available, so you'll want to check back regularly for new listings. About 23% of the office spaces in the Westminster are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 440 sqft. Most properties in this market are close to 2 floors. Most buildings in this market were built in 1988 and are Class B.

Westminster Community

Market Data

Real time and historical data on commercial real estate listings in Westminster.
Research