West Westminster Industrial

West Westminster

Office Space Market Report

Number of Listings (last 90 days)
18
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
4,200
As of: May 21, 2017

West Westminster Rates

The typical asking rate per listing is in the $20's per square foot per year. The West Westminster submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 25% increase in rent.

Compared to the rest of the Denver Metro market, the West Westminster submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

West Westminster Listing Supply

In the last 90 days, 18 listings have been made available, which means new availabilities are probably leasing quickly. 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 4,200 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this area were built in 1999 and are Class A.

West Westminster Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Most of the residents of West Westminster work from home. Commuting between 30 and 45 minutes 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 West Westminster.
Market Report

Market Data

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