Property Description
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.
Features
8
Address Map
FL
Palm Beach County
West Palm Beach
33401
515 S Dixie Hwy
W81° 56' 45.8''
N26° 42' 31.7''
MLS Addon
515 S Dixie Hwy, West Palm Beach, Florida 33401
$4,250,000
11,731 size sq.ft.
Listing ID #A11909648
Basic Details
Property Type Commercial Sale
Listing Type For Sale
Listing ID A11909648
Price $4,250,000
Year Built 1965
Days on Market 0
Building Area 5,500 Sqft
Status Active
Property SubType Industrial
Lot Area 11,731 Sqft
List Date 2026-03-14
On Market Date 06/11/2025
MiamiInvestrealty
