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259 Commercial Real Estate Listings in Westminster, CO

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Westminster, CO Commercial Real Estate

There are currently 260 commercial listings available in Westminster, CO. These listings include 87 commercial spaces that encompass a total of 629,834 square feet. Available commercial spaces in Westminster, CO range in size from 1 square feet to 107,593 square feet. A total of 195 off-market commercial properties located in Westminster, CO are also available for research.

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Westminster, CO Commercial Inventory Breakdown

In 2023 the Westminster, CO commercial real estate market totaled 4,252,310 square feet of office spaces, 6,032,863 square feet of office spaces with retail, and 2,385,832 square feet of industrial space.

Office Spaces

Total: 4,252,310 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
Range Total square feet Share of total
50k to 100k SqFt 1,290,483 SqFt 30.35% of total office
100k to 500k SqFt 2,961,827 SqFt 69.65% of total office
By class:
Class Total square feet Share of total
Class A 2,518,711 SqFt 59.23% of total office
Class B 1,203,229 SqFt 28.3% of total office


Class A office space holds a 59.23% share of the overall Westminster, CO office market, while Class B office assets make up approximately 28.3%.

Industrial

Total: 2,385,832 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
Range Total square feet Share of total
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 Total square feet Share of total
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: 6,032,863 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
Range Total square feet Share of total
50k to 100k SqFt 1,275,605 SqFt 21.14% of total office with retail
100k to 500k SqFt 3,557,258 SqFt 58.96% of total office with retail
> 1M SqFt 1,200,000 SqFt 19.89% 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 26 322,588
Westminster, CO Retail 22 134,058
Westminster, CO Industrial 3 26,704
Westminster, CO Other 64 596,142
Ofice Icon

26

Office

Industrial Icon

3

Industrial

Retail Icon

22

Retail

Current local active listing encompass 1,079,492 square feet of commercial space for lease in Westminster. There are 26 active office listings, which amount to 322,588 square feet and account for 22% of commercial spaces on the market. Local retail availability includes 134,058 square feet across 22 listings. Current industrial offerings on the market amount to 26,704 square feet across a total of 3.

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 2021, 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

Under $50k
24%
$50k - $100k
37%
$100k - $200k
28%
Over $200k
11%

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

DroveAlone
79.40%
Carpool
8.20%
Public transit
4.20%
Bicycle
0.90%
Walking
0.50%
Work at Home
0.90%
Other
5.70%

*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

No degree
8%
High school
21%
Some College
29%
Bachelor's
27%
Post-grad
15%

*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 2021, 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.

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