515 S Dixie Hwy, West Palm Beach FL 33401

$3,800,000

Overview

Industrial
Property Type

Square Feet
Area Size

Square Feet
Land Area

1965
Year Built

APEX Capital Realty LLC
Listing Office

Miguel Pinto
Listing Agent

A12026968
Property ID

360° Virtual Tour

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.

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