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Property Description

7.02 CAP, CURRENTLY 100% OCCUPIED HOWEVER, DUE TO COVID TENANTS ARE PAYING LOWER RENTS FOR A SHORT TIME AND ARE NOT PAYING PER LEASE AGREEMENT WHICH ALLOWS FOR MULTIPLE OPPORTUNITIES FOR OWNER-USER OR INVESTMENT. BRING ALL CASH OFFERS. 27, 500 SF (16,500 SF) Leased to Rock Fitness Gym (GYM HAS LEGAL RENT STIPULATION AND IF NOT FOLLOWED WILL BE REMOVED VIA COURT ORDER WITHOUT ANY FURTHER HEARINGS) and (11,000 SF) Leased to Furniture Direct (5 locations in S. FL) Both tenants have new 10+ year leases with options. The Retail property was completely renovated between 2017 – 2018 including a new roof.

Features
: Central, Electric
: Electric, Central individual
: Carpet, Marble, Wood floor
: Other, Built-up, Steel joist
: Electric, Public water, Public sewer, 220, Separate meter, 201+ amp
: Cbs, Concrete, Block
Address Map
US
FL
Palm Beach
West Palm Beach
33409
Palm Beach Lakes
2223
Boulevard
PALM BEACH LAKES COMM NO 3 IN
5410
W81° 54' 9.2''
N26° 42' 40.7''
Additional Information
Active
2017
$50,034
No
20160715212004037164000000
H. Alan Welles Real Est, LLC

Industrial

2223 Palm Beach Lakes Boulevard, West Palm Beach, Florida 33409

20 Bathrooms
$7,800,000
Listing ID #RX-10451836
Basic Details
Listing Type : Industrial
Listing ID : RX-10451836
Price : $7,800,000
Bathrooms : 20
Year Built : 2007
Agent info
Exclusive Real Estate Group
140 Intracoastal Pointe Drive Suite #101 Jupiter, FL 33477
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