2223 Palm Beach Lakes Blvd, West Palm Beach, FL

$8,750,000

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27,200

Square feet

1.74

Acres

About 2223 Palm Beach Lakes Blvd

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 Blvd

MLS® # RX-11120696
Price $8,750,000
Square Footage 27,200
Acres 1.74
Year Built 1980
Type Commercial
Sub-Type Retail
Style Commercial, Free Standing, Retail
Status Active

Community Information

Address 2223 Palm Beach Lakes Blvd
Area 5410
Subdivision PALM BEACH LAKES COMM 3
City West Palm Beach
County Palm Beach
State FL
Zip Code 33409

Amenities

Utilities 201+ Amp, 3-Phase Electric, Public Sewer, Public Water, Separate Meter, 220
Is Waterfront No
Waterfront None

Interior

Appliances Building and Land
Heating Central Individual, Electric
Cooling Ceiling Fan, Central Individual, Electric
# of Stories 1

Exterior

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

Additional Information

Zoning GC(cit
RE / Bank Owned No

Listing Details

OfficeKeller Williams Realty/P B

Listing Map

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