Property profile

5500 State Road 7 Wellington, FL 33449

OFF-MARKET
Retail properties & Spaces
42,750 SF
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Property summary

AI-generated overview

The Shoppes at Mission Lakes, located at 5500 S State Rd 7 in Wellington, Florida (zip code 33449), presents a compelling investment opportunity in the thriving Lake Worth submarket. This retail and office property totals 42,750 square feet, offering multiple tenancy options. Currently, there are three vacant spaces available, ranging from 1,300 to 1,877 contiguous square feet, representing a total of 4,477 square feet of readily available space. The property's traditional office subtype caters to a diverse range of businesses. Its strategic location on a strong retail corridor along State Road 7 positions it to benefit from significant growth. The area is experiencing a surge in new housing developments, promising increased customer traffic and demand for commercial space. This presents a unique chance to establish a presence in a rapidly expanding market. The property's prime location and the projected population increase make it an attractive prospect for businesses seeking high visibility and access to a growing consumer base. This is an exceptional opportunity to capitalize on the burgeoning commercial real estate market in Wellington, Florida.

Property profile

Verified
Property type Retail properties & Spaces
Total area 42,750 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Spa & Massage Center Alternative Medicine Practice
  • Alternative Medicine Practice
  • Real Estate Agency
  • Alternative Medicine Practice

Location

5500 State Road 7 Wellington, FL 33449
Wellington metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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