Two-Tenant NNN Retail
2087 Palm Beach Lakes Blvd West Palm Beach, FL 33409
2087 Palm Beach Lakes Blvd, West Palm Beach, FL, 33409
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For Sale
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Built in 2016, this two-tenant strip center features NNN leases with roof-and-structure landlord obligations.
Days on Market102
Property Features for 2087 Palm Beach Lakes Blvd
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing agency
Solid Investments
Listed by
Derrick Schroeder · License #BK3113265
Source
Crexi
Added: Apr 12 Updated: Jul 21 at 10:33PM Checked: Jul 21 at 10:33PM
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Investment Insights
Based on property information with market context.
This two-tenant NNN strip center is anchored by Dunkin’ Donuts and Tijuana Flats. Built in 2016, the property is leased under 10-year NNN agreements with approximately 6± years remaining. Both tenants are open and paying full rent with no rent deferment or abatement, and the leases include 10% bumps every five years, along with bumps during each 2 x 5-year option period. Under the NNN structure, landlord obligations are limited to roof and structure only.
The property is located along Palm Beach Lakes Blvd in West Palm Beach, Florida, with reported traffic of 50,780+ vehicles per day. It is approximately 3± miles from Downtown West Palm Beach.
The center offers a straightforward, two-tenant NNN configuration designed around long-term lease terms and limited landlord responsibility.
The property is located along Palm Beach Lakes Blvd in West Palm Beach, Florida, with reported traffic of 50,780+ vehicles per day. It is approximately 3± miles from Downtown West Palm Beach.
The center offers a straightforward, two-tenant NNN configuration designed around long-term lease terms and limited landlord responsibility.
Key Highlights
- Two‑tenant NNN strip center anchored by Dunkin’ Donuts and Tijuana Flats
- Built in 2016; both tenants are open and paying full rent with no rent deferment or abatement
- 10‑year NNN leases with 6+ years remaining; 10% rent bumps every 5 years and during each 2 x 5‑year option
Property Analytics
Location Intelligence
Current Use by Public Records
Dunkin'
Cafe & Coffee Shop
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FAQs
What type of property is this?
Shopping center - Built in 2016, this two-tenant strip center features NNN leases with roof-and-structure landlord obligations.
Where is this shopping center located?
The property is located at 2087 Palm Beach Lakes Blvd West Palm Beach, FL.
What are key features of this property?
This property features: Two‑tenant NNN strip center anchored by Dunkin’ Donuts and Tijuana Flats; Built in 2016; both tenants are open and paying full rent with no rent deferment or abatement; 10‑year NNN leases with 6+ years remaining; 10% rent bumps every 5 years and during each 2 x 5‑year option