West Westminster Industrial

West Westminster

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 21, 2016

West Westminster Rates

On average, listings lease in the $20's per square foot per year. The West Westminster submarket is going through a an increase in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 9% increase in rent.

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

West Westminster Listing Supply

In the last 90 days, 16 listings have been listed, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 6% of the available space in the West Westminster are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,770 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this region 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 region. Most of the occupants 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.