Westminster Office Rent Price & Sales Report

Highlights

  • The average rent for office space in Westminster is $27.42 per square foot, 0.40% higher compared to the previous year.
  • The market’s vacancy rate stands at 12.99%, lower than the state average of Colorado, which is 17.03%.

2025 Office Space Rent & Sales

  • $27.42 2025 Avg. Asking Rent
  • 0.40% Y-o-Y Avg. Asking Rent Change
  • 12.99% 2025 Office Vacancy Rate
  • $60.9M2025 Total Office Sales
  • $94.30Avg. Sale Price/SF

What is the average asking rent price for office space in Westminster?

Average asking rents for office space here stand at $27.42 per square foot. The local office market recorded an average vacancy rate of 12.99% in 2025, unchanged from 12.99% in 2024.

Office transactions in the local market in 2025 totaled a sales volume of $60.9M across 4 sales. These transactions commanded an average sale price per square foot of $94.30.

Westminster, CO Office Asking Rents by Class

What is the average office rent per square foot by property class in CO?

  • Avg. Asking Rent Class A & A+$36.26
  • Avg. Asking Rent Class B$23.35
  • Avg. Asking Rent Class C$18.67

For comparison, the average rent for Class A and A+ office space in Colorado was $36.26 per square foot. The state-wide average for Class B space was $23.35 per square foot, and Class C office spaces averaged $18.67 per square foot.

Westminster, CO Office Indicators by Submarket

In 2025, the submarket with the lowest office vacancy rate in Westminster was I-25 Corridor at 9.58%. Meanwhile, the highest office vacancy rate in the market was 13.35%, recorded in Denver Boulder Turnpike.
Submarket Asking Rents Vacancy Rates
Denver Boulder Turnpike $27.95 13.35%
I-25 Corridor $22.66 9.58%
Arvada $21.57 11.22%
Data provided by Yardi Research

Explore Top Office Markets in Colorado

2025 Office Sales Volume

  • $94.302025 Avg. Price per SF
  • $60.9M2025 Office Sales Volume
  • 42025 Number of Transactions

What is the average sale price per square foot for office space in Westminster?

Average sale prices for office space in this market recorded a -54.10% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $94.30 per square foot. For comparison, the statewide Colorado average during the same time period stood at $109.34 per square foot, while the national average was $182.48 per square foot.

Westminster, CO Sale Price per SF Trend

  • Westminster Avg. Sale Price per SF in 2025$94.30
  • Colorado Avg. Sale Price per SF in 2025$109.34

What was the total office sales volume in Westminster in 2025?

The local office market recorded 4 deals in 2025, adding up to a yearly sales volume of $60.9M.

  • Westminster, CO Total Office Sales Volume in 2025 $60.9M
  • Westminster, CO Total Number of Office Sales Closed in 2025 4
Data provided by Yardi Research

Office Construction in Westminster, CO

What are the largest recent office completions in Westminster?

The largest recent office completion here is Church Ranch Corporate Center at 151,746 square feet, completed in 2001. The next largest completions are Walnut Creek Business Park and Church Ranch Corporate Center IV.

Office building Address SF Completed
12170 Tejon St #900 12170 Tejon St #900, 80234 2,536 2018
Northridge at Park Center Bldg. A-Ph.II 1665 West 121st Avenue, 80234 41,900 2014
905 West 124th Avenue 905 West 124th Avenue, 80234 30,368 2007
Walnut Creek Business Park 10835 Dover Street, 80021 149,568 2002
Walnut Creek Business Park 10875 Dover St, 80021 22,478 2002
Church Ranch Corporate Center 7237 Church Ranch Blvd, 80021 151,746 2001
Church Ranch Corporate Center IV 10170 Church Ranch Way, 80021 124,098 2001
Church Ranch Corporate Center II 10249 Church Ranch Way, 80021 63,057 2001
Standley Lake Marketplace 10138 Wadsworth Pkwy, 80021 55,446 2000
12365 Huron Street 12365 Huron Street, 80234 29,381 2000
Data provided by Yardi Research

See reports for other markets

Disclaimer

All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.

While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.