2223 Palm Beach Lakes Blvd
$8,805,380, 27,266 Sqft 1¾ Acres
About This Property
CURRENTLY 100% OCCUPIED HOWEVER, TENANTS BOTH HAVE DEFAULTS WHICH ALLOWS FOR MULTIPLE OPPORTUNITIES FOR OWNER-USER OR INVESTMENT. LANDLORD CAN RE-TENANT BUILDING TO QUICKLY INCREASE VALUE OF BUILDING UP TO $14,500,000 WITH A CREDIT TENANT AT MARKET RENT, BRING ONLY CASH OFFERS. 27, 500 total square feet, 16,500 SF is Leased to a Fitness Gym (Short term lease as there is a new tenant who replaced Rock Fitness and (11,000 SF) Leased to Furniture Direct(5+ locations in S. FL) The Retail property was completely renovated between 2017 - 2018 including a new roof.MINIMUM OF 16,500 SF OF BLDG CAN BE DELIVERED VACANTThe subject property is located near the intersection of Palm Beach Lakes Blvd. and Village Blvd. Next to Red Lobster and PA BBQ across the street from Twin Peaks.
Essential Information
Sub-Type
Retail, Professional Office, Other
Style
Commercial, Income, Medical, Office/Retail, Restaurant, Retail, Shopping Center, Special Purpose
Community Information
Amenities
Utilities
3-Phase Electric, Public Sewer, Public Water, 201+ Amp, 220, Separate Meter
Waterfront
Canal Width 1 - 80, Interior Canal
Interior
Exterior
Additional Information
Listing Details
2223 Palm Beach Lakes Blvd, West Palm Beach (MLS® #RX-10451836) Property History
Price Reduced from $8,861,111 to $8,805,380
Price Increased from $7,800,000 to $8,861,111
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Listing information last updated on May 14th, 2024 at 11:30pm CDT.