Caviar Global Properties - Pompano Beach & Boca Raton Real Estate | Buy or Sell

Courtesy of H. Alan Welles Real Est, LLC.

2223 Palm Beach Lakes Boulevard West Palm Beach, FL 33409
$7,800,000
  • beds
  • 0 baths
  • 27,266 sq ft

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Carola Lueder

Carola Lueder

Founder – Executive Director

LIC#BK3187419

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.

Property Details & Features

Property Type

  • Commercial Industrial

Year Built

  • 2007

Listing

  • Source: Palm Beach
  • List price: $7,800,000
  • MLS ID: 20121115220811115022000000
  • Listing ID: RX-10451836
  • Listing date: 2018-07-30
  • Status: Active
  • For lease?: Yes
  • Lease year: 2018.00
  • 36 minimum lease months
  • $286 per square foot
  • 1-3 Years
  • 4-6 Years
  • 7-10 Years
  • Gross Rent
  • Long Term
  • Option Available

Bathrooms

  • 20 total bathrooms
  • 11 half bathrooms, unit 1
  • 11 half bathrooms, unit 2

House

  • 27,266 total building square feet
  • Built in 2007
  • 1 story
  • 3 units in build
  • Year built description: Resale
  • Square footage source: SimpleTemplate
  • 3 tenants
  • 1 total unit for unit 1
  • 1 total unit for unit 2
  • Block
  • CBS
  • Concrete
  • Smoke Alarm
  • Sprinkler
  • Commercial
  • Income
  • Medical
  • Office/Retail
  • Restaurant
  • Retail
  • Shopping Center
  • Special Purpose

Cooling

  • Central Individual
  • Electric

Floors

  • Carpet
  • Marble
  • Wood Floor

Heating

  • Central
  • Electric

Interior Features

  • Acoustic
  • Insulated
  • Suspended

Location

  • County: Palm Beach
  • Subdivision: PALM BEACH LAKES COMM NO 3 IN
  • Airport Access
  • Anchor Center
  • City
  • Investment
  • Shopping Center

Lot

  • 1 acres

Miscellaneous

  • Unit 1 description: Shops
  • Rent period, unit 1: Month
  • Unit 2 description: Suites
  • Rent period, unit 2: Month
  • Insurance-Bldg
  • Lawn Care
  • Maintenance-Exterior
  • Real Estate Tax
  • Landscaped
  • Meeting Room
  • Office
  • Private Restroom
  • Public Restroom
  • Rear Access
  • Restaurant
  • Separate Office Area
  • Showroom
  • Traffic Auto
  • Traffic Heavy
  • Common Area Maint.
  • Electric
  • Sewer
  • Water
  • Cash
  • Conventional
  • Exchange

Property

  • Property type: E
  • Zoning: Store , GC
  • Waterfront: No
  • Canal Width 1 – 80
  • Interior Canal

Roof

  • Built-Up
  • Other
  • Steel Joist

Security System

  • Security Light

Taxes

  • Real estate taxes: $50,034
  • Year: 2017

Utilities

  • 3.00 meter
  • 201+ Amp
  • 220
  • Electric
  • Public Sewer
  • Public Water
  • Separate Meter

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Contact Details

Telephone:

954-663-8266

Address:

2601 E Oakland Blvd, Suite 101A Fort Lauderdale FL 33306

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