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 | $8,250,000 |
| 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 | 3-Phase Electric, Public Sewer, Public Water, Separate Meter, 201+ Amp, 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
| Office | Keller Williams Realty/P B |
|---|