West Palm Beach, FL 33401 515 S Dixie Hwy
$4,250,000



2 more


Presented By: This listing is courtesy of APEX Capital Realty LLC;
Home Details
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.
Presented By: This listing is courtesy of APEX Capital Realty LLC;
Interior Features for 515 S Dixie Hwy
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
General for 515 S Dixie Hwy
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityWest Palm Beach
CountyPalm Beach
Garage Y/NNo
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionMODEL LAND CO ADD LTS 1 TO 3 INC /LESS W 50 FT & E 10 FT RD R/W/ BLK 55
LevelsOne
Lot Size Square Feet11731.0
Lot Size UnitsSquareFeet
MLS Area5420
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeCallAgent
Possible UseAutomotive
PostalCityWest Palm Beach
Property Attached Y/NNo
Property SubtypeIndustrial
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories Count1
Tax Annual Amount53835.0
Virtual TourClick here
Year Built1965
Zoning DescriptionQGD-10 (
Exterior for 515 S Dixie Hwy
Building Area Total5500.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Area11731.0
Private PoolNo
SpaNo
Total Parking8.0
Waterfront Y/NNo
Additional Details
Price History
JOSE ESQUERETE
BROKER / OWNER
SQFT • 5,500