2223 Palm Beach Lakes Blvd, West Palm Beach, FL

$7,800,000

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27,266

Square feet

1.75

Acres

About 2223 Palm Beach Lakes Blvd

7.02 CAP, CURRENTLY 100% OCCUPIED HOWEVER, DUE TO COVID TENANTS ARE PAYING LOWER RENTS FOR A SHORT TIME AND ARE NOT PAYING PER LEASE AGREEMENT WHICH ALLOWS FOR MULTIPLE OPPORTUNITIES FOR OWNER-USER OR INVESTMENT. BRING ALL CASH OFFERS. 27, 500 SF (16,500 SF) Leased to Rock Fitness Gym (GYM HAS LEGAL RENT STIPULATION AND IF NOT FOLLOWED WILL BE REMOVED VIA COURT ORDER WITHOUT ANY FURTHER HEARINGS) and (11,000 SF) Leased to Furniture Direct (5 locations in S. FL) Both tenants have new 10+ year leases with options. The Retail property was completely renovated between 2017 - 2018 including a new roof.

Features of 2223 Palm Beach Lakes Blvd

MLS® # RX-10451836
Price $7,800,000
Square Footage 27,266
Acres 1.75
Year Built 2007
Type Commercial
Sub-Type Retail, Professional Office, Other
Style Commercial, Income, Medical, Office/Retail, Restaurant, Retail, Shopping Center, Special Purpose
Status Active

Community Information

Address 2223 Palm Beach Lakes Blvd
Area 5410
Subdivision PALM BEACH LAKES COMM NO 3 IN
City West Palm Beach
County Palm Beach
State FL
Zip Code 33409

Amenities

Utilities 3-Phase Electric, Public Sewer, Public Water, 201+ Amp, 220, Separate Meter
Is Waterfront No
Waterfront Canal Width 1 - 80, Interior Canal

Interior

Appliances Building and Land, Signs
Heating Central, Electric
Cooling Central Individual, Electric
# of Stories 1

Exterior

Lot Description 5500 SF retail/ofc
Roof Other, Built-Up, Steel Joist
Construction Block, CBS, Concrete

Additional Information

Zoning Store , GC
RE / Bank Owned No

Listing Details

OfficeH. Alan Welles Real Est, LLC

Listing Map

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