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Property profile & analytics
OFF-MARKET Estimated value $3,945,000
Office buildings

1300 Corporate Ctr Way Wellington, FL 33414-8599

18,400 SF 1.4 ac lot Built 1990
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US18-5201153
Property summary
AI-generated overview

This exceptional offering presents two Class A office buildings totaling 18,400 square feet, ideally situated in Wellington, Florida, at 1300 and 1500 Corporate Center Way, zip code 33414. The property boasts a convenient location, close to parks, schools, and two prominent shopping centers along Wellington Trace. Multiple tenancy options are available, with spaces ranging from a minimum of 3,321 square feet to a maximum contiguous space of 8,492 square feet. Currently, a significant 20,304 square feet of space is vacant, presenting a unique opportunity for businesses seeking immediate occupancy. The property is categorized as Executive Office space, perfect for companies requiring a prestigious and functional workspace. Located in Palm Beach County, this property offers easy access to major roadways and amenities. The buildings are designed to accommodate various business needs, with flexible lease terms available to suit individual requirements. This is an excellent opportunity to establish a presence in a thriving and desirable location within Wellington's vibrant business community. Contact us today to schedule a viewing and explore the possibilities of making this prime office space your new home.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1990
Construction CONCRETE
Total area 18,400 SF
Lot 1.4 ac (61,193 SF)
Zoning code PUD
APN 73-41-44-09-06-000-0020
UPID US18-5201153
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.95M
Owner & transaction history
4750 LLC · 9 yrs held
4750 LLC
since 2016
7 recorded transactions
2020
Price N/A
2018
Price N/A
2017
Price N/A
2017
Price N/A
2016
$6.8M
2015
$7.7M
2013
$3.0M
Zoning & alternative use
PUD · Wellington, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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