515 S Dixie Hwy, West Palm Beach, FL

$3,800,000

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About 515 S Dixie Hwy

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 of 515 S Dixie Hwy

MLS® # A12026968
USD $3,800,000
CAD $5,244,456
CNY 元25,509,020
EUR €3,268,783
GBP £2,808,002
RUB ₽329,365,000
Bathrooms 0.00
Year Built 1965
Type Business
Sub-Type Industrial
Status Active

Community Information

Address 515 S Dixie Hwy
Area 5420
City West Palm Beach
County Palm Beach
State FL
Zip Code 33401-5809

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

Listing Details

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