Price History
$7,800,000
7/30/2018
$8,861,111
9/5/2023
$8,805,380
3/28/2024
$12,000,001
8/24/2024
2223 Palm Beach Lakes Boulevard, West Palm Beach, FL, 33409
2007
27,266 sqft
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.
Status:
Active
Type:
Commercial Lease
Units:
3
Zoning:
Store , GC
Complex:
PALM BEACH LAKES COMM NO 3 IN
Building Type:
Commercial,Income,Medical,Office/Retail,Restaurant,Retail,Shopping Center,Special Purpose
Heating:
Central, Electric
Cooling:
Central Individual, Electric
Levels:
1
Acreage:
1.75
Est. Taxes:
$50,034
Current Use
Other,Professional Office,Retail
Construction
Block,CBS,Concrete
Utilities
201+ Amp,220,Electric,Public Sewer,Public Water,Separate Meter
Lease Term Type:
1-3 Years,4-6 Years,7-10 Years,Gross Rent,Long Term,Option Available
Owner Pays:
Common Area Maint.,Electric,Sewer,Water
MLS #:
RX-10451836
Community Info
School Info
Walk Score
Yelp
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