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    123 S State Rd, Unit 7 Wellington, FL

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    For Lease
    $21 SF/Yr ($3,675 /Mo)

    Retail and restaurant spaces available in high-traffic Wellington center.

    Property size:
    2,100 SF
    Lot size:
    16.20 Acres

    Property Features for 123 S State Rd

    General Information

    Size
    2,100 SF
    Lot size
    16.20 Acres

    Source: Crossman & Company - Corporate Agent Michael Rautbord

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

    Overview

    Publix-Anchored Center on State Road 7

    Located within the West Palm Beach MSA, this property features available spaces including a 1,500-square-foot dental office and a 2,100-square-foot restaurant end cap. The property is situated in a high-traffic, Publix-anchored center on State Road 7, just south of Southern Boulevard. The surrounding area is characterized by high-density multifamily residences. The location is approximately two miles from The Mall at Wellington Green. The traffic count is 63,500 vehicles per day.
    Location Intelligence

    Current Use by Public Records

    Medical offices

    Similar Places Nearby

    Courtyard shops, Courtyard Shops at Wellington, Courtyard Plaza, At & T, movie theater in wellington mall

    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?
    Shopping center - Retail and restaurant spaces available in high-traffic Wellington center.
    Where is this shopping center located?
    The property is located at 123 S State Rd, Unit 7 Wellington, FL.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: - High traffic location: 63,500 VPD; - Publix-anchored center; - Surrounded by high density multifamily
    (407) 423-5400
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    123 S State Rd, Unit 7 Wellington, FL
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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
    123 S State Rd, Unit 7 Wellington, FL
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