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    8708-8776 Lantana Rd Wellington, FL 33467

    Sponsored
    For Lease
    $40 SF/Yr

    Prime Palm Beach County location, multiple suites available.

    Lot size:
    36,094 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Merchant's Walk, located at 8708-8776 Lantana Rd in Lake Worth, Florida (zip code 33467), offers exceptional retail, office, and restaurant space in Palm Beach County. This new development comprises three single-story buildings totaling 36,094 square feet, with three suites available. The property features a variety of space options, suitable for traditional office, medical office, and creative office uses, as well as restaurant tenants. Suite sizes range from a minimum of 1,320 square feet to a maximum of 17,364 square feet, allowing for flexibility to accommodate various business needs. The development is conveniently situated on Lantana Road, just east of Lyons Road, providing easy access to the 441 corridor and the Turnpike. The property's location within the vibrant community of Wellington offers high visibility and strong potential for attracting customers and employees. The anticipated completion date is March 2024. This development is ideal for businesses seeking a modern, well-located space in a thriving area. The property type includes retail, office, and restaurant options, with a drive-thru available for qualifying restaurant tenants.

    Property Features for 8708-8776 Lantana Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    36,094 SF
    Total Rate
    120313.33

    Building Details

    Buildings
    3
    Stories
    1

    Unit(s) available at that property

    Space
    Building C
    Size
    4,500 SF
    Rate per SF
    $45
    Space
    Building B
    Size
    15,072 SF
    Rate per SF
    $45
    Space
    Building A
    Size
    17,364 SF
    Rate per SF
    $45

    HighLights

    • 1,320 - 36,936 square feet of available space, with a maximum contiguous block of 17,364 square feet.
    • Two new office/retail buildings available.
    • One restaurant space with drive‑thru available.
    • Excellent demographics.
    • High traffic counts and ample parking.
    • Located adjacent to the Florida Turnpike and Highway 441.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wellington
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.185291343762
    Latitude
    26.590681501272

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    FAQs

    What type of property is this?
    Restaurant - Prime Palm Beach County location, multiple suites available.
    Where is this restaurant located?
    The property is located at 8708-8776 Lantana Rd Wellington, FL.
    What is the lease rate?
    The lease rate is $45 SF/Yr.
    What are key features of this property?
    This property features: 1,320 - 36,936 square feet of available space, with a maximum contiguous block of 17,364 square feet.; Two new office/retail buildings available.; One restaurant space with drive-thru available.
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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
    8708-8776 Lantana Rd Wellington, FL 33467
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