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87 Commercial Real Estate Listings in Westminster, CA

Westminster, CA Commercial Real Estate

There are currently 91 commercial listings available in Westminster, CA. These listings include 21 commercial spaces that encompass a total of 366,349 square feet. Available commercial spaces in Westminster, CA range in size from 965 square feet to 197,904 square feet. A total of 77 off-market commercial properties located in Westminster, CA are also available for research.

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Westminster, CA Economic Overview

Location Photo

Westminster is located in Orange County, the most populated county in California, behind the Los Angeles and San Diego counties. With a population of nearly 92,000 residents, this small 10-square-mile city is home to the largest percentage of Vietnamese-Americans in the U.S., accounting for over 40% of the population. The commercial real estate market in Westminster is driven by its centralized location in Orange County, its Vietnamese-populated Little Saigon area, and the city's strategic approach to business development.

The economy of Westminster is multi-faceted, and mostly driven by the number of car dealerships in the city, it's thriving retail businesses including Westminster Mall, and Little Saigon, which is the main attraction for Vietnamese tourists and businesses.

With a median household income of over $53,000/year and an unemployment rate of just 6.1%, the economy in Westminster continues to grow, particularly in the area of retail development.

Westminster, CA Commercial Inventory Breakdown

In 2022 the Westminster, CA commercial real estate market totaled 183,826 square feet of office spaces, 2,827,355 square feet of office spaces with retail, and 1,200,003 square feet of industrial space.

Office Spaces

Total: 183,826 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
50k to 100k SqFt 183,826 SqFt 100% of total office
By class:
Class B 183,826 SqFt 100% of total office

Industrial

Total: 1,200,003 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 726,258 SqFt 60.52% of total industrial
100k to 500k SqFt 473,745 SqFt 39.48% of total industrial
By class:
Class A 457,458 SqFt 38.12% of total industrial
Class B 665,693 SqFt 55.47% of total industrial
Class C 76,852 SqFt 6.4% of total industrial
There are 473,745 square feet of commercial real estate properties between 100k to 500k square feet, representing 39.48% of the Westminster, CA industrial inventory. Class A assets total 457,458 square feet of industrial space, with an additional 665,693 square feet of Class B and 76,852 square feet of Class C properties.

Office Spaces with Retail

Total: 2,827,355 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 955,704 SqFt 33.8% of total office with retail
100k to 500k SqFt 1,871,651 SqFt 66.2% of total office with retail

Westminster, CA Currently Available Listings & Spaces

Number of Available Listings
City Property Type Count of listings Total SF
Westminster, CA Office 2 5,500
Westminster, CA Retail 6 218,774
Westminster, CA Industrial 4 94,719
Westminster, CA Other 12 318,993
Ofice Icon

2

Office

Industrial Icon

4

Industrial

Retail Icon

6

Retail

Current local active listing encompass 637,986 square feet of commercial space for lease in Westminster. There are 2 active office listings, which amount to 5,500 square feet and account for 8% of commercial spaces on the market. Local retail availability includes 218,774 square feet across 6 listings. Current industrial offerings on the market amount to 94,719 square feet across a total of 4.

Employment in Westminster, CA

Employed Population 43,289

Employed population - Industry % Distribution

Management, business, science, and arts occupations

27%

Service occupations

25%

Sales and office occupations

24%

Production, transportation, and material moving occupations

16%

Natural resources, construction, and maintenance occupations

8%

In 2020, roughly 27% of a total of 43,289 employed in Westminster worked in Management, business, science, and arts occupations, followed by 25% in Service occupations and 24% in Sales and office occupations.

Income per capita $27,609  Median household income $56,378

Household income

44%

Under $50k

24%

$50k - $100k

22%

$100k - $200k

10%

Over $200k

The median household income in Westminster stands at $56,378, with per capita income at $27,609. Households earning between $50k and $100k represent 24% of the total, while those earning over $200k make up 10%. Approximately 44% of Westminster households earn less than $50k per year.

Commuting in Westminster, CA

Mean travel time to work 29 minutes

Means of transportation to work

75.70%

Driving alone

15.00%

Carpool

2.10%

Public transit

0.20%

Bicycle

2.10%

Walking

1.10%

Other

3.70%

Work at Home

*Universe: Workers 16 and over

Education in Westminster, CA

High school grad or higher 77%

Bachelor's degree or higher 27%

Population by minimum level of education

23%

No degree

25%

High school

25%

Some College

20%

Bachelor's

7%

Post-grad

*Universe: Workers 25 and over

An estimated 77% of Westminster residents aged 25 or over hold a high school degree or higher. Of those, 25% are high school graduates, 25% attended some college, 20% earned a bachelor's degree, with an additional 7% holding post-graduate degrees.

Westminster, CA Demographics

As of 2020, Westminster had a total population of 90,642, with a median age of 39.60 years. Roughly 66.00% of the total population was between the ages of 16 and 64 years old.