Exceptional opportunity to lease prime retail/warehouse space on busy Atlantic Boulevard, just west of I-95, in Pompano Beach, FL.
Up to 58,137 sf retail/ warehouse space will be available within 120 days after existing tenant vacates. Coming available is a 26,627 sf 2-story retail showroom (14,691 sf on ground floor) along with 31,510 sf adjacent warehouse. Zoning is B-3 General Business zoning so space is suitable for many businesses.
The Pool & Patio Depot Building located at 2201 W. Atlantic Boulevard was originally built to the demanding specs of an owner-user, Carl’s Furniture, for a first-class retail showroom and warehouse. Currently occupied by Pool & Patio Depot and New York Quartz, the 70-year-old South Florida Carl’s Furniture chain closed its 3 remaining stores in 2014 after going into Chapter 11 bankruptcy following the major 2008-2009 recession. Pool & Patio Realty, Inc. (P&PR) subsequently purchased the building to house a large showroom and distribution warehouse for its affiliated Pool and Patio Depot, which intended to grow a new chain in Florida as an extension to the 40 stores owned in Quebec, Canada. After a number of years in the market, Pool & Patio Depot has decided to restructure the way it does business in Florida. A large distribution center is no longer needed, and P&PD has decided to sell off its owned real estate. Its space is now available for lease.
The entire building comprises 88,815 rentable square feet; 43,359 of retail showroom, 39,627 of warehouse (much of it airconditioned) and 5,829 square feet of unfinished 2nd floor office. Currently tenant NY Quartz leases 24,849 square feet of which 6,000 square feet is sublet to Atlantic Wallpaper. When Pool & Patio Depot vacates there will be 14,691 sf of ground floor retail, 11,936 sf of mezzanine retail, 5,829 unfinished mezzanine office/retail and 31,510 sf of warehouse available for lease for a total of 63,966 sf.
