2223 Palm Beach Lakes BLVD Active Save Request In-Person Tour Request Virtual Tour
West Palm Beach,FL 33409
$ 12000001
- Bed
20 Baths
27266 SqFt
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Rent
Square Footage 27,266 sqft
Subdivision Palm Beach Lakes Comm No 3 In
MLS Listing ID RX-10451836
Year Built 2007
Annual Tax Amount $50,034
Tax Year 2017
Lot Size 1.750 Acres
Property 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 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.
Location
State FL
County Palm Beach
Area 5410
Zoning Store , GC
Interior
Heating Central,Electric
Cooling Central Individual,Electric
Flooring Carpet,Marble,Wood Floor
Fireplaces Type Smoke Alarm,Sprinkler
Exterior
Community Features City Jurisdiction,Title Insurance
Utilities Available 201+ Amp,220,Electric,Public Sewer,Public Water,Separate Meter
Waterfront No
Waterfront Description Canal Width 1 - 80,Interior Canal
Roof Type Built-Up,Other,Steel Joist
Building
Story 100.00
Foundation Block,CBS,Concrete
Others
Acceptable Financing Cash,Conventional,Exchange
Listing Terms Cash,Conventional,Exchange