Westminster, CO
Commercial Real Estate Market Trends & Data

Westminster's Demographic Profile

Westminster has 47,129 households and a median income of $85,440, providing context for rent absorption and tenant demand across retail and multifamily assets. A +2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 116,986
# Households 47,129
Median age 38
Median household income $85,440
Avg household size 2.0
Renter-occupied housing units 18,955
5-year population change +2%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Westminster, CO

↻ Updated Monthly

{{marketTabDescriptions[activeMarketTab]}}

Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Westminster $246 9,079 SF 7.00%
Broomfield $281 11,125 SF 8.03%
Arvada $263 9,087 SF 7.25%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Westminster $270 33,888 SF 7.00%
Broomfield $283 18,152 SF 8.79%
Arvada $311 13,242 SF 7.25%
Louisville $286 22,409 SF 4.73%
Nearby Retail Markets Avg Cost/SF Typical Size
Westminster $412 35,861 SF
Broomfield $374 61,773 SF
Arvada $425 9,729 SF
Superior $250 12,000 SF
Louisville $453 11,285 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Westminster $230 8,229 SF 6.72%
Arvada $228 20,554 SF 7.47%
Wheat Ridge $265 13,283 SF 7.58%
Lafayette $454 1,984 SF 5.00%
Erie $454 1,984 SF 5.00%

Commercial Properties For Sale in Westminster

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Downtown Westminster Land Portfolio

Westminster, CO

  • Lots
  • Price Upon Request
For Sale

7223 W 118th Pl

Broomfield, CO 80020

  • 25,684 SF Flex Building
  • $425,000
For Sale

Raising Cane's at Towne Center Brookhill

Westminster, CO 80021

  • 3,331 SF Retail Building
  • 4.50% Cap Rate
  • $4,444,444
For Sale

11730 Wadsworth Blvd

Broomfield, CO

  • 5.00% Cap Rate
  • $2,200,000
For Sale

641 E 112th Ave

Northglenn, CO 80233

  • 3,253 SF Retail Building
  • $775,000
For Sale

Bldg 14

Westminster, CO 80031

  • 11,104 SF Office Building
  • $1,200,000

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Westminster pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Westminster $300 28,837 SF
Federal Heights $454 9,625 SF
Broomfield $318 24,058 SF
Arvada $327 14,468 SF
Superior $611 7,521 SF

Regional Demographic Comparison

This comparison places Westminster alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Westminster or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Westminster 116,986 47,129 38 $85,440 2 18,955 2%
Federal Heights 15,398 5,589 34 $50,362 3 2,654 5%
Broomfield 79,088 31,681 40 $111,804 2 12,584 8%
Arvada 113,277 45,173 42 $99,938 2 12,742 -1%
Superior 13,854 5,153 38 $132,628 3 2,091 1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Westminster, CO and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Westminster

View All Commercial Real Estate For Sale in Westminster
Is Westminster a good market for a first-time commercial real estate investor?

Westminster offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Westminster?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Westminster. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Westminster?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Westminster. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Westminster compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Westminster. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Westminster acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Westminster, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.