2223 Palm Beach Lakes Boulevard, West Palm Beach, FL

$8,805,380

Price

2007

Year Built

Store , GC

Zoning

Overview
Year Built
2007
Zoning
Store , GC
Roof
["Built-Up", "Steel Joist"]
Floor
["Carpet", "Marble", "Wood Floor"]
Restrooms
20
Cooling
["Central Individual", "Electric"]
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.

Highlights
  • Building Area: 27266.0

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Listing ID: 20180731005011966236000000
Location
Gallery