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Renovated Retail Space
For Sale
$48,125

2223 Palm Beach Lakes Boulevard Unit 101, West Palm Beach, FL 33409

Two retail areas offer flexible occupancy options with NNN lease structure and canal access.

Property SizeContact for details
Days on Market1533

Property Features for 2223 Palm Beach Lakes Boulevard Unit 101

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Taxes and HOA fees

Annual Taxes $29,600

Amenities

Electric
3
Water Access.
Canal Access.

Building Details

Year Built 2007
Year Renovated 2018
Stories 1
Tenancy Multi
Listing Agency: H. Alan Welles Real Est, LLC
Listed By: Howard Welles
Source: Xome
Added: Jun 21, 2022 Changed: Aug 31 Last Checked: Aug 31 at 1:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of H. Alan Welles Real Est, LLC

Investment Insights

Based on property information with market context.

This retail property includes two separate areas measuring 11,000 SF and 16,500 SF, with the option to combine them into 27,500 SF. The building was renovated in 2018 and received a new roof as part of the work. It is currently 100% occupied and includes a second paying tenant, supporting both owner-user and investment-oriented configurations.

The property is located at 2223 Palm Beach Lakes Boulevard, Unit 101, in West Palm Beach, Florida. Water access and canal access are listed among the exterior features. The property was originally built in 2007 and is offered with an NNN lease structure.

Key Highlights

  • 11,000 SF and 16,500 SF retail areas can combine for 27,500 SF
  • Currently 100% occupied with a second paying tenant
  • Renovated in 2018 with a new roof

Property Analytics

Current Use

World Peace 2k20 Clothing Store Rock Fitness Center Gym & Fitness Center Furniture Direct Furniture & Home Goods Herbalife Club FitFab.Fun ... Pharmacy The Box Expo Center Business Service Center

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Pet Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,583
Businesses Nearby

Demographics for 33409, FL

33,061
Population
13,715
Households
2.4
Avg Household Size
34
Median Age
27%
College-Educated
80%
High-School Grad
6.3 sq mi
ZIP Area
5,248
Density / Sq Mi
$65,206
Median Household Income
$34,994
Median Earnings
$1,633
Median Rent
$282,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Two retail areas offer flexible occupancy options with NNN lease structure and canal access.
Where is this retail space located?
The property is located at 2223 Palm Beach Lakes Boulevard Unit 101 West Palm Beach, FL.
What is the asking price?
The asking price for this property is $48,125.
What are key features of this property?
This property features: 11,000 SF and 16,500 SF retail areas can combine for 27,500 SF; Currently 100% occupied with a second paying tenant; Renovated in 2018 with a new roof
More about this property
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