$4,250,000

515 S Dixie Hwy, West Palm Beach FL 33401

Industrial
Built in 1965
11,731 Square Feet lot
0 days on market

About this property

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.

Property Details

Exterior

  • Waterfront: No

Interior

  • Building Area Total: 5500
  • Stories: 1

Location

  • City: West Palm Beach
  • County: Palm Beach County
  • State: FL
  • Zoning: QGD-10 (

Construction

  • New Construction: No

Public Info

  • Lot Size: 11,731 Square Feet
  • Year Built: 1965
  • APN: 74434321080550011

Tax Information

  • Annual Tax Amount: $53,835

Price History

11/7/2025 Listed for Sale
Source: Miami REALTORS®
$4,250,000

Walk Score

Walk Score
97
Walk Score®
Walker's Paradise
Transit Score
45
Transit Score®
Some Transit
Full Walk Score
Bike Score
86
Bike Score®
Very Bikeable
Kevin McCarthy
Kevin McCarthy
RACVantage Managing Broker | Commercial Real Estate Advisor






    By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from miamiforward.com and about your inquiry and other home-related matters, but not as a condition of any purchase.






      By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from miamiforward.com and about your inquiry and other home-related matters, but not as a condition of any purchase.