1400 Corporate Center WayWellington, FL 33414

Property Details for 1400 Corporate Center Way

Year built

1994

Construction

CONCRETE

Lot size

1.40 AC

Property size (Sq ft)

17,753 SF

Zone code

PUD

Property type

Office properties

Property subtype

Office buildings

APN

73-41-44-09-06-000-0030

APU

73414409060000030

Description

This exceptional Wellington, Florida office property, located at 1400 Corporate Center Way, offers two available suites totaling 2,003 to 2,028 square feet. The space is ideally suited for medical, executive, or traditional office uses, boasting a fully built-out interior. Suite features include five private offices, providing ample space for individual work or team collaboration. The property benefits from abundant parking, ensuring convenient access for staff and clients. A striking two-story lobby enhances the professional image and creates a welcoming atmosphere. The property's location in the heart of Wellington offers excellent visibility and accessibility. This is a fantastic opportunity for businesses seeking a well-appointed and conveniently located office space. Furthermore, the possibility exists to combine this space with Suite 120, creating a larger, contiguous unit of 4,031 square feet, providing even greater flexibility for expanding businesses or those requiring more extensive space. The property is zoned WELL_P and has an APN of 73414409060000030. The building consists of a single suite, offering a unique opportunity for a single tenant to occupy the entire space. This property is situated in Wellington, FL, zip code 33414.

• CAP approach

  CAP return

  Valuation

  6%

  $5,457,770

  6.5%

  $5,037,942

  7%

  $4,678,089

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,938,530

  Geo Method

  $4,938,530

• Alternative Use

  Use

  Valuation

  Residential

  $6,247,048

  Hospitality

  $5,722,262

  Educational

  $4,760,855

  Medical

  $4,924,588

  Retail

  $7,405,774

Location Insight

City

Wellington

County

Palm Beach

State

Florida

Latitude

26.6612

Longitude

-80.2646

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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