




$4,250,000 USD
Industrial Property for Sale, 515 S Dixie Hwy, West Palm Beach, Florida 33401
- MLS#A11909648
Listed By APEX Capital Realty LLC
The Industrial Property for Sale located at 515 S Dixie Hwy, West Palm Beach, Florida 33401 is currently for sale. 515 S Dixie Hwy, West Palm Beach, Florida 33401 is listed for $4,250,000.
Property features
Lot/Land
- Land/Lot size:
1,090 m² (11,731 ft²)
Construction
- Year built: 1965
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.
Location
515 S Dixie Hwy, West Palm Beach, Florida 33401