$3,061,280 USD
561-818-7587
3381 Fairlane Farms Rd
Wellington, FL 33414
Outer Royal Palm Beach/Wellington
HIGHLIGHTS
- Long-Term NNN Lease with Recent Extension: New 10-year lease extension with K9 Resorts
- Demonstrated Long-Term Commitment to the Location: The tenant originally occupied the space in April 2022 and has since renewed and extended its lease
- Expanding National Operator: Luxury Pet Hotel Investments, LLC is the largest franchisee for K9 Resorts
- Prime Wellington Submarket: Located in one of Palm Beach County’s most affluent and highly desirable areas with strong household income levels
- Growth & Development Tailwinds: The property benefits from substantial ongoing investment throughout Wellington
- Strong Real Estate Fundamentals: Well maintained building on more than one acre of land in a supply constrained, high income suburban market
FOR SALE DETAILS
PRICE
$3,061,280 USD
PRICE/SF
$383 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
K9 Resorts
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2001
SPRINKLERS
-
PARKING SPACES
39
LAND DETAILS
LAND ACRES
1.01 AC
LAND SF
43,996 SF
ZONING
PIPD
APN/PARCEL ID
73-41-44-23-03-000-0440
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561-818-7587
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561-818-7587
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