1300 Corporate Center WayWellington, FL 33414

  • Office buildings
  • 18,400 SF
For Lease
$23/SF/YR View listing

Property Details for 1300 Corporate Center Way

Year built
1990
Construction
CONCRETE
Lot size
1.40 AC
Property size (Sq ft)
18,400 SF
Zone code
PUD
Property type
Office buildings
APN
73-41-44-09-06-000-0020
APU
73414409060000020

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,656,676
    6.5%
    $5,221,548
    7%
    $4,848,580
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,118,512
    Geo Method
    $5,118,512
  • Alternative Use

    Use
    Valuation
    Residential
    $6,474,718
    Hospitality
    $5,930,808
    Educational
    $4,934,362
    Medical
    $5,104,062
    Retail
    $7,675,674

Location Insight

City
Wellington
County
Palm Beach
State
Florida
Latitude
26.6618
Longitude
-80.2649
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$82,532
$1,180,452
$3,043,455
$4,223,907
-
$1,180,452
$3,043,455
$4,223,907

FAQs

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