Northeast Westminster Industrial

Northeast Westminster

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
4,180
As of: January 23, 2017

Northeast Westminster Rates

Most listings are in the $30's per square foot per year. The Northeast Westminster region is seeing a a boost in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 9% rise in rent.

Compared to the rest of the Denver Metro market, the Northeast Westminster submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.

Northeast Westminster Listing Supply

In the last 90 days, 5 listings have come on the market, which means office spaces are probably 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 posted, so finding a space for a small business might be tough.

Even though the median size is 4,180 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are approximately 3 floors. Most buildings in this area were built in 2001 and are Class B.

Northeast Westminster Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Northeast Westminster occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Northeast Westminster.
Market Report

Market Data

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