2223 Palm Beach Lakes BlvdWest Palm Beach, FL 33409
- Warehouses
Property Details for 2223 Palm Beach Lakes Blvd
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
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.
Location Insight
- City
- West Palm Beach
- County
- Palm Beach
- State
- Florida
- Latitude
- 26.7113
- Longitude
- -80.0974
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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