For Lease
$5,281.30/SF/YR

2223 Palm Beach Lakes BlvdWest Palm Beach, FL 33409

27,500 SF Warehouse, Prime Location

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
114
This West Palm Beach industrial property, located at 2223 Palm Beach Lakes Boulevard, offers a significant investment opportunity. The 27,500 square foot warehouse is currently 100% occupied, although existing tenant leases present opportunities for immediate value enhancement. A minimum of 16,500 square feet can be delivered vacant. The building features a single tenant occupancy, with 16,500 square feet leased to a fitness gym and 11,000 square feet leased to Furniture Direct (with multiple South Florida locations). The property underwent a complete renovation between 2017 and 2018, including a new roof. Its strategic location near the intersection of Palm Beach Lakes Boulevard and Village Boulevard, adjacent to Red Lobster and PA BBQ, and across from Twin Peaks, ensures high visibility and accessibility. The property's zoning is Store, GC. The APN is 74434319110000030. Cash offers only are being considered. This presents a unique chance for owner-users or investors to capitalize on the potential for increased value, estimated up to $14,500,000 with a credit tenant at market rent. The property is situated in West Palm Beach, Florida, zip code 33409.

Highlights

  • 27,500 SF industrial warehouse in West Palm Beach, FL (33409).
  • 100% occupied with potential for immediate value enhancement; minimum 16,500 SF vacant upon lease expiration.
  • Tenants include a fitness gym (16,500 SF) and Furniture Direct (11,000 SF).
  • Completely renovated 2017-2018, including new roof.
  • High-visibility location at Palm Beach Lakes Blvd & Village Blvd, near major retailers.
  • Store, GC zoning; APN 74434319110000030.

Property Details for 2223 Palm Beach Lakes Blvd

Property type
Warehouses, Industrial properties
RSF (Rentable sq. ft)
27,266 SF

Unit(s) available at that property

Space
Size
27,266 SF
Rate per SF
$5,281.30

Location Insight

City
West Palm Beach
County
Palm Beach
State
Florida
Latitude
26.7113167
Longitude
-80.097444
2223 Palm Beach Lakes Blvd, West Palm Beach, Florida

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Contacts

H. Alan Welles
H. Alan Welles
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2223 Palm Beach Lakes Blvd, West Palm Beach, Florida, 33409

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

2223 Palm Beach Lakes Blvd
  • H. Alan Welles
    H. Alan Welles
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