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    1035 S State Rd, Unit 7 Wellington, FL

    For Lease
    $32 SF/Yr ($7,800 /Mo)

    Upscale office, medical, and retail space for lease.

    Property size:
    2,925 SF
    Lot size:
    9.98 Acres

    Property Features for 1035 S State Rd

    General Information

    Size
    2,925 SF
    Lot size
    9.98 Acres

    Source: NAI Merin Hunter Codman, Inc.| West Palm Beach Agent Jason L. Sundook

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wellington Reserve Professional Park Space

    Office, medical, and retail spaces are available for lease at Wellington Reserve, an upscale multi-building professional park located in the Western Communities. The property benefits from its location on the west side of State Road 7, which sees a daily traffic flow of over 56,000 vehicles. It also offers convenient access to the Florida Turnpike and proximity to the Mall at Wellington Green and Wellington Regional Medical Center. The park provides an on-site café, advanced fiber optic cabling, abundant surface parking, and prominent signage opportunities. The available space is 2,925 square feet. The estimated CAM for 2024 is $15 per square foot, in addition to the base rent, net of electricity and cleaning. This location is situated in the Wellington/Royal Palm Beach area.
    Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Wellington
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.2542513
    Latitude
    26.6552309

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    FAQs

    What type of property is this?
    Office space - Upscale office, medical, and retail space for lease.
    Where is this office space located?
    The property is located at 1035 S State Rd, Unit 7 Wellington, FL.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: - Strategic location on State Road 7 with high visibility (56,000+ vehicles daily).; - Upscale multi-building professional park in the Western Communities.; - Easy access to the Florida Turnpike.
    (561) 762-3131
    Request Owner's contact information
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    Wellington, FL
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1035 S State Rd, Unit 7 Wellington, FL
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