West Palm Beach, FL 33401,515 S Dixie Hwy
See all 7 photos
West Palm Beach, FL 33401,515 S Dixie Hwy
West Palm Beach, FL 33401,515 S Dixie Hwy
West Palm Beach, FL 33401,515 S Dixie Hwy
West Palm Beach, FL 33401,515 S Dixie Hwy
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Fri
7
Nov
Sat
8
Nov
Sun
9
Nov
$ 4,250,000
Est. payment /mo
New

515 S Dixie Hwy West Palm Beach, FL 33401

5,500 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 5,500 sqft

Price per Sqft $772

MLS Listing ID A11909648

HOA Y/N No

Year Built 1965

Annual Tax Amount $53,835

Lot Size 0.269 Acres

Property Sub-Type Industrial

Property 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

State FL

County Palm Beach

Area 5420

Exterior

Total Parking Spaces 8

Private Pool Yes

Building

Story 1

Level or Stories One

Others

Tax ID 74434321080550011

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11909648


Miami Association of Realtors (SEFMIAMI MLS)
Listed by APEX Capital Realty LLC
Alex Mendel

Alex Mendel

Agent

+1(561) 827-8449

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

515 S Dixie Hwy