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3200 Fairlane Farms Rd

8,200 SF 100% Leased Flex Building Wellington, FL 33414 $4,295,000 ($524/SF) 6% Cap Rate

Investment Highlights

  • 3200 Fairlane Farms Road presents a rare opportunity to purchase a 100% leased multi-tenant investment property in the heart of affluent Wellington.
  • Receive immediate income from national and internationally owned tenants that offer a mix of office, retail, medical, and service businesses.
  • Situated on 2.15 acres, property features include incredible visibility, easy site access, ample on-site parking, and modern building architecture.
  • Palm Beach Polo & Country Club, the Wellington Equestrian Club, the Mall at Wellington Green, and many other points of interest are only moments away.

Executive Summary

Discover an exceptional investment property at 3200 Fairlane Farms Road, a premier multi-tenant commercial flex facility in the bustling heart of Wellington, Florida. This 100% leased property offers immediate income from a stable mix of regional, national, and international tenants. Containing 8,200 square feet and situated on 2.15 acres, this is a rare opportunity to own a commercial property within a thriving community surrounded by tremendous growth.

The versatile property features a spacious layout, accommodating a variety of commercial tenants, including office space, retail, medical, and professional services. Extensive on-site parking provides convenient access for tenants and their customers. Tenants and guests enjoy an attractive and professional environment with the building's contemporary architecture and high-quality finishes.

3200 Fairlane Farms Road is more than just a commercial building; it's a strategic investment in a dynamic area known for prestige and community spirit. Neighboring points of interest include the National Polo Center, the Wellington Equestrian Club, Palm Beach Polo & Country Club, and the Mall at Wellington Green. With modern facilities, a prime location, and a fully leased status, 3200 Fairlane Farms Road offers immediate returns and future growth potential.

Sale Flyer

Data Room Click Here to Access

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts Under Contract

Price $4,295,000
Price Per SF $524
Sale Type Investment
Cap Rate 6%
Sale Conditions 1031 Exchange
Property Type Flex
Property Subtype
Light Distribution
  • General Retail Auto Repair
  • Industrial Warehouse
Building Class B
Lot Size 2.45 AC
Rentable Building Area 8,200 SF
No. Stories 1
Year Built 2008
Parking Ratio 7.32/1,000 SF
No. Dock-High Doors/Loading 8

Amenities

  • Signage

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Retailer
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Apex Automotive is here to help you with all of your tire and auto repair service needs! With a team of ASE-certified technicians and decades of experience serving the local community, Apex Automotive is dedicated to building long-lasting relationships with its customers based on trust, integrity, and professionalism. Their goal is to exceed your expectations in every aspect of our service, from their friendly and knowledgeable staff to our prompt and efficient repairs. We value your time and strive to get everyone back on the road quickly without sacrificing the quality of your work.

  • Krismar USA
  • Retailer
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • NK Wellness
  • Wholesaler
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Piper Properties
  • Construction
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Retailer 99,999 SF $9.99 Lorem Ipsum Jan 0000
Krismar USA Retailer 99,999 SF $9.99 Lorem Ipsum Jan 0000
NK Wellness Wholesaler 99,999 SF $9.99 Lorem Ipsum Jan 0000
Piper Properties Construction 99,999 SF $9.99 Lorem Ipsum Jan 0000

DEMOGRAPHICS

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Hialeah
238,942
63
1 h 24 m
Miami
470,914
65
1 h 24 m
Orlando
285,713
175
3 h 18 m
Tampa
392,890
214
4 h 20 m
Saint Petersburg
265,098
218
4 h 33 m
Jacksonville
903,889
290
5 h 27 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
592,794
Total Labor Force
287,388
Unemployment Rate
2.76%
Median Household Income
$67,220
Warehouse Employees
27,402
High School Education Or Higher
87.30%

Nearby Amenities

Restaurants

Wellington Hay & Grain - - 6 min walk

Retail

United States Postal Service Business/Copy/Postal Services 4 min walk

Hotels

Fairfield Inn
107 rooms
7 min drive
Hampton by Hilton
122 rooms
6 min drive

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
73-41-44-23-03-000-0160
Land Assessment
$1,033,981
Improvements Assessment
$1,379,802
Total Assessment
$2,301,250

zoning

Zoning Code Flex (FLEX—FLEXIBLE USE (73-WELLINGTON))
Flex (FLEX—FLEXIBLE USE (73-WELLINGTON))

Sale Advisor

Sale Advisor

(561) 713-1141
Contact
Wesley Hamilton
(561) 713-1141
Contact
Wesley Hamilton is a Lake Worth, Florida based real estate agent.
  • Listing ID: 31952552

  • Date on Market: 5/29/2024

  • Last Updated:

  • Address: 3200 Fairlane Farms Rd, Wellington, FL 33414

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