2223 Palm Beach Lakes Boulevard
West Palm Beach, FL 33409
27266 sqft | #RX-10451836
Description
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 VACANT
The 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.
Interior Details
- CoolingCentral Individual, Electric
Property Details
- Square Feet27266
Construction Details
- Property TypeRental
Condition
- Year Built2007
Material information
- RoofBuilt-Up, Steel Joist
Community and Neighborhood Details
- SubdivisionPALM BEACH LAKES COMM NO 3 IN
Location
- CountyPalm Beach
- ZoningStore, GC
Financial Details
- Original List Price$6,255,357
- Taxes Annual$50,034
Other
- MLS #RX-10451836
Location
Legal
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Last Updated: . Source: BMLS
Listing Courtesy
Listing Agent: Howard Alan Welles (#60314236)
Listing Office: H. Alan Welles Real Est, LLC (#276539641)