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159 Commercial Real Estate Listings in Westminster, CO

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Westminster, CO Commercial Real Estate

There are currently 161 commercial listings available in Westminster, CO. These listings include 109 commercial spaces that encompass a total of 968,534 square feet. Available commercial spaces in Westminster, CO range in size from 800 square feet to 150,786 square feet. A total of 91 off-market commercial properties located in Westminster, CO are also available for research.

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Westminster, CO Commercial Inventory Breakdown

In 2022 the Westminster, CO commercial real estate market totaled 6,271,289 square feet of office spaces, 5,839,575 square feet of office spaces with retail, and 2,385,832 square feet of industrial space.

Office Spaces

Total: 6,271,289 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
50k to 100k SqFt 1,293,462 SqFt 20.63% of total office
100k to 500k SqFt 3,277,827 SqFt 52.27% of total office
500k to 1M SqFt 650,000 SqFt 10.36% of total office
> 1M SqFt 1,050,000 SqFt 16.74% of total office
By class:
Class A 2,518,711 SqFt 40.16% of total office
Class B 1,203,229 SqFt 19.19% of total office
Roughly 10.36% of the total office space in Westminster, CO is comprised of properties between 500K to 1M square feet, and buildings between 50k to 100k square feet represent 20.63% of the office inventory.

Class A office space holds a 40.16% share of the overall Westminster, CO office market, while Class B office assets make up approximately 19.19%.

Industrial

Total: 2,385,832 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 189,617 SqFt 7.95% of total industrial
100k to 500k SqFt 1,662,081 SqFt 69.66% of total industrial
500k to 1M SqFt 534,134 SqFt 22.39% of total industrial
By class:
Class A 1,026,607 SqFt 43.03% of total industrial
Class B 1,359,225 SqFt 56.97% of total industrial
There are 1,662,081 square feet of commercial real estate properties between 100k to 500k square feet, representing 69.66% of the Westminster, CO industrial inventory.

Office Spaces with Retail

Total: 5,839,575 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 1,082,317 SqFt 18.53% of total office with retail
100k to 500k SqFt 3,557,258 SqFt 60.92% of total office with retail
> 1M SqFt 1,200,000 SqFt 20.55% of total office with retail

Westminster, CO Currently Available Listings & Spaces

Number of Available Listings
City Property Type Count of listings Total SF
Westminster, CO Office 29 513,359
Westminster, CO Retail 33 403,200
Westminster, CO Industrial 4 65,450
Westminster, CO Other 71 993,512
Ofice Icon

29

Office

Industrial Icon

4

Industrial

Retail Icon

33

Retail

Current local active listing encompass 1,975,521 square feet of commercial space for lease in Westminster. There are 29 active office listings, which amount to 513,359 square feet and account for 21% of commercial spaces on the market. Local retail availability includes 403,200 square feet across 33 listings. Current industrial offerings on the market amount to 65,450 square feet across a total of 4.

Employment in Westminster, CO

Employed Population 66,257

Employed population - Industry % Distribution

Management, business, science, and arts occupations

44%

Sales and office occupations

22%

Service occupations

15%

Natural resources, construction, and maintenance occupations

10%

Production, transportation, and material moving occupations

10%

In 2020, roughly 44% of a total of 66,257 employed in Westminster worked in Management, business, science, and arts occupations, followed by 22% in Sales and office occupations and 15% in Service occupations.

Income per capita $41,075  Median household income $81,322

Household income

24%

Under $50k

37%

$50k - $100k

28%

$100k - $200k

11%

Over $200k

The median household income in Westminster stands at $81,322, with per capita income at $41,075. Households earning between $50k and $100k represent 37% of the total, while those earning over $200k make up 11%. Approximately 24% of Westminster households earn less than $50k per year.

Commuting in Westminster, CO

Mean travel time to work 28 minutes

Means of transportation to work

79.40%

Driving alone

8.20%

Carpool

4.20%

Public transit

0.90%

Bicycle

0.50%

Walking

0.90%

Other

5.70%

Work at Home

*Universe: Workers 16 and over

Education in Westminster, CO

High school grad or higher 92%

Bachelor's degree or higher 41%

Population by minimum level of education

8%

No degree

21%

High school

29%

Some College

27%

Bachelor's

15%

Post-grad

*Universe: Workers 25 and over

An estimated 92% of Westminster residents aged 25 or over hold a high school degree or higher. Of those, 21% are high school graduates, 29% attended some college, 27% earned a bachelor's degree, with an additional 15% holding post-graduate degrees.

Westminster, CO Demographics

As of 2020, Westminster had a total population of 113,179, with a median age of 36.20 years. Roughly 69.10% of the total population was between the ages of 16 and 64 years old.