Westminster Retail

Westminster

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$27
Median Size (sqft)
1,800
As of: December 2, 2016

Westminster Rates

On average, listings lease in the $20's per square foot per year. The Westminster region is seeing a a boost in rates. In the last 3 months, the median rate increased $27 per sqft per year. That's a Inf% increase in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Westminster region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.

Westminster Listing Supply

In the last 90 days, 4 listings have come on the market, which means new listings most likley are 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,800 sqft. Most buildings in this market are approximately 1 stories. Most buildings in this market were built in 1981 and are Class B.

Westminster Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Most of the occupants of Westminster work from home. 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 Westminster.
Market Report

Market Data

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

Westminster Submarkets