West Palm Beach, FL 33409 2223 Palm Beach Lakes Boulevard
$8,805,380
8 more
Presented By: H. Alan Welles Real Est, LLC
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
Baths • 20
SQFT • 27,266
Home Details
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.
Presented By: H. Alan Welles Real Est, LLC
Interior Features for 2223 Palm Beach Lakes Boulevard
Other Interior Features
Unit 1: Unit DescShops
Unit 2: Unit DescSuites
CeilingAcoustic, Insulated, Suspended
FlooringCarpet, Marble, Wood Floor
Total Number of Units3
General for 2223 Palm Beach Lakes Boulevard
Area5410
AuctionNo
Built DescResale
ConstructionBlock, CBS, Concrete
CoolingCentral Individual, Electric
For LeaseYes
Geo AreaPB23
Geo Lat26.711242
Geo Lon-80.097533
HeatingCentral, Electric
Legal DescriptionPALM BEACH COMMERCIAL PL 3 LTS 3 & 4
LocationAirport Access, Anchor Center, City, Investment, Shopping Center
Maintenance Fee InclInsurance-Bldg, Lawn Care, Maintenance-Exterior, Real Estate Tax
Min Lease Months36.00
Misc.Landscaped
Misc.Meeting Room, Office, Private Restroom, Public Restroom, Rear Access, Restaurant, Separate Office Area, Showroom, Traffic Auto, Traffic Heavy
PossessionAt Closing, Subject to Lease
Property TypeE
RoofBuilt-Up, Other, Steel Joist
SecuritySecurity Light
Special InfoCity Jurisdiction, Title Insurance
StatusActive
Stories1.0
SubdivisionPALM BEACH LAKES COMM NO 3 IN
Tax Year2017
Tenant PaysCommon Area Maint., Electric, Sewer, Water
Terms ConsideredCash, Conventional, Exchange
TypeIndustrial
Type of BuildingCommercial, Income, Medical, Office/Retail, Restaurant, Retail, Shopping Center, Special Purpose
UseOther, Professional Office, Retail
Utilities201+ Amp, 220, Electric, Public Sewer, Public Water, Separate Meter
Virtual TourClick here
Year Built2007
ZoningStore, GC
Exterior for 2223 Palm Beach Lakes Boulevard
Lot Size1.75
Property Desc5500 SF retail/ofc
WaterfrontNo
WaterfrontCanal Width 1 - 80, Interior Canal
Additional Details
Price History
