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The Plaza at Wellington Green I 2515 State Road 7 3,860 - 7,928 SF of Retail Space Available in Wellington, FL 33414
HIGHLIGHTS
- Located in the Royal Palm Beach/Wellington retail submarket.
- Strategically located on the immediate periphery of the area’s dominant enclosed regional mall, the 1.3 million square feet Mall at Wellington Green.
- Notably, the average household income within a one-mile radius in an impressive $134,032.
- High-profile, regional location along Wellington’s primary retail corridor.
- 205,583 residents within a 5-mile radius with an average household income of $92,554.
- Great diverse tenant mix comprised of services, restaurants, medical and more.
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1 | 4,068 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 3 | 3,860 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
2495 State Road 7 - 1st Floor - Ste 1
JBL will be demising the Office Depot building for 4 smaller format retailers.
- Highly Desirable End Cap Space
- Space In Need of Renovation
2495 State Road 7 - 1st Floor - Ste 3
JBL will be demising the Office Depot for 4 smaller retail users. See attached updated brochure to see how we plan to demise.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Space In Need of Renovation
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT THE PLAZA AT WELLINGTON GREEN I
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Bethesda Health Physician Group, Inc.
- Health Care
- 186
- Local
- First Watch
- Restaurant
- 751
- National
- Flanigan's Seafood Bar and Grill
- Restaurant
- 21
- Local
- Office Depot
- Office Supply
- 895
- International
- Solis Salon Studios
- Services
- 1
- -
- Wells Fargo Bank
- Bank
- 11,342
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Bethesda Health Physician Group, Inc. | Health Care | 186 | Local |
| First Watch | Restaurant | 751 | National |
| Flanigan's Seafood Bar and Grill | Restaurant | 21 | Local |
| Office Depot | Office Supply | 895 | International |
| Solis Salon Studios | Services | 1 | - |
| Wells Fargo Bank | Bank | 11,342 | International |
PROPERTY FACTS
| Total Space Available | 7,928 SF | Center Properties | 5 |
| Center Type | Neighborhood Center | Gross Leasable Area | 66,821 SF |
| Parking | 360 Spaces | Total Land Area | 40.47 AC |
| Stores | 10 | Year Built | 2004 |
| Total Space Available | 7,928 SF |
| Center Type | Neighborhood Center |
| Parking | 360 Spaces |
| Stores | 10 |
| Center Properties | 5 |
| Gross Leasable Area | 66,821 SF |
| Total Land Area | 40.47 AC |
| Year Built | 2004 |
ABOUT THE PROPERTY
Highly visible South Florida community shopping center with an infill location in the affluent and densely populated community of Wellington. Directly located on State Road 7 with over 65,000 cars daily. The property's tenant roster is comprised of food, medical, and service tenants with a strong credit profile. 207,974 residents within a 5 mile radius with an average household income of $94,470. Notably, the average household income within a one mile radius is an impressive $137,688.
NEARBY MAJOR RETAILERS
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The Plaza at Wellington Green I | 2515 State Road 7
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