2223 Palm Beach Lakes Boulevard, West Palm Beach, FL

$8,250,000

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8

Baths

1.74

Acres

About 2223 Palm Beach Lakes Boulevard

The multi-tenant retail storefront is operating with two main units. The building was completely renovated between 2017-2018, roof(2018), and new HVAC's(2025). The first unit (Previously Rock Fitness : 16,000 SF) is vacant and we have had interest from prospective tenants at market rents. The second unit (Furniture Direct : 11,200 SF) is operating and has 3 years remaining on their initial 10 year lease (ending October 2028), which they would like to renew and are amenable to increase their rent to market value. They currently on a NNN lease with 4% annual increases, plus monthly CAM. The 1.74 AC : 76,230 SF Lot, zoned GC, has a wide range of permitted uses. Included but not limited to department store, religious centers, gyms, spas, multifamily, supermarkets, and recreational uses

Features of 2223 Palm Beach Lakes Boulevard

MLS® # R11120696
Price $8,250,000
Bathrooms 8.00
Acres 1.74
Year Built 1980
Type Commercial Sale
Sub-Type Retail
Status Closed

Community Information

Address 2223 Palm Beach Lakes Boulevard
Area 5410
City West Palm Beach
County Palm Beach
State FL
Zip Code 33409

Interior

Heating Electric, Central Individual
Cooling Ceiling Fan(s), Electric, Central Individual

Exterior

Lot Description Landscaped
Roof Built-Up, Other, Steel Joist
Construction Block, Concrete, CBS

Additional Information

Zoning GC(cit
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Realty/P B

Listing Map

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