CURRENTLY 100% OCCUPIED HOWEVER, TENANTS BOTH HAVE DEFAULTS WHICH ALLOWS FOR MULTIPLE OPPORTUNITIES FOR OWNER-USER OR INVESTMENT. LANDLORD CAN RE-TENANT BUILDING TO QUICKLY INCREASE VALUE OF BUILDING UP TO $14,500,000 WITH A CREDIT TENANT AT MARKET RENT, BRING ONLY CASH OFFERS. 27, 500 total square feet, 16,500 SF is Leased to a Fitness Gym (Short term lease as there is a new tenant who replaced Rock Fitness and (11,000 SF) Leased to Furniture Direct(5+ locations in S. FL) The Retail property was completely renovated between 2017 - 2018 including a new roof.MINIMUM OF 16,500 SF OF BLDG CAN BE DELIVERED VACANTThe subject property is located near the intersection of Palm Beach Lakes Blvd. and Village Blvd. Next to Red Lobster and PA BBQ across the street from Twin Peaks.
Retail, Professional, Office, Other
Income, Office/Retail, Restaurant, Retail, Commercial, Medical, Shopping Center, Special Purpose
PALM BEACH LAKES COMM NO 3 IN
220, 3-Phase Electric, Public Sewer, Public Water, Separate Meter, 201+ Amp
Interior Canal, Canal Width 1 - 80
Central Individual, Electric
Built-Up, Other, Steel Joist
H. Alan Welles Real Est, LLC
Date | Details | Change | |
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Status Changed from Price Change to Active | – | ||
Status Changed from Active to Price Change | – | ||
Price Reduced from $8,861,111 to $8,805,380 | |||
Status Changed from Price Change to Active | – | ||
Status Changed from Active to Price Change | – | ||
Show More (1) | |||
Price Increased from $7,800,000 to $8,861,111 |
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