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515 S Dixie Hwy

$4,250,000

515 S Dixie Hwy, West Palm Beach, FL 33401

Active
Last Updated: 11/07/2025

5,500 sqft

Building Size

1965

Year Built

Details:
Building Size:    5,500 sqft
Year Built:    1965
Floors:    1
Parking Spots:    8
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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