515 S Dixie Highway
West Palm Beach, FL 33401
Square Ft.
5,500
$3,800,000
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… Read More 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. Read Less
Courtesy of APEX Capital Realty LLC 305-570-2600
Listing Snapshot
Days Online
56
Last Updated
Property Type
Industrial
Square Ft.
5,500
Lot Size
0.27 Acres
Year Built
1965
MLS Number
A12026968
30 Days Snapshot Of 33401
$738k
+3%
(avg) sold price
34
-26%
homes sold
145
+26%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1965, Toal building area: 5500
Lot
0.27 acres
Property
Zoning: QGD-10 (
Taxes
Annual amount: $37,608
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