2223 Palm Beach Lakes Blvd West Palm Beach, FL 33409
- Warehouses
Current Use by Public Records
- World Peace 2k20 / Sticker Manufacturer / Clothing Store
- Rock Fitness Center / Gym / Fitness Center
- Furniture Direct / Furniture Store / Bedroom Furniture Store
- Herbalife Club FitFab.Fun Nutrition / Sports Nutrition Store / Coffee Shop
- The Box Expo Center / Convention Center / Auction House
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- West Palm Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0974
- Latitude
- 26.7113
