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515 S Dixie Hwy, West Palm Beach FL 33401

Commercial For Sale
$4,250,000

BTC: 141.66666667

ETH: 2,125.00000000

28 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

This corporate-backed, absolute NNN lease with Goodyear offers investors true hands-off, bond-style income from a globally recognized, investment-grade tenant. The 15-year lease, commencing in 2022, includes six 5-year renewal options with 10% rent increases every five years, providing predictable growth and long-term security. Located on the high-traffic US-1 corridor in Downtown West Palm Beach, the property benefits from excellent visibility, urban infill, and easy access to Okeechobee Blvd and I-95. With zero landlord responsibility, this 5,500 SF building on an 11,731 SF lot delivers stable cash flow and a 25-year horizon of built-in escalations, making it a rare opportunity for investors seeking reliable, long-term income.

Location

Florida • West Palm Beach • 33401 • Commercial • For Sale

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1965
Lot:
11731 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data
All facts and features

  • Lot

    • Lot: 11731 Square Feet

    Other Property Information

    • Parcel Number: 74434321080550011

    • Zoning: QGD-10 (

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Industrial

  • Other financial information

    • Annual tax amount: $53,835

  • Source details

    • MLS ID: A11909648

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: APEX Capital Realty LLC