515 Dixie Hwy ,Industrial, Automotive for Sale & Rent

515 Dixie Hwy for Sale & Rent

Price $4,250,000.00

• Lot size 11731
• Year Build 1965
• Waterfront
• Zip 33401
• Style
• Parking Description
• Pool Yes
• Status Active

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.

MODEL LAND CO ADD LTS 1 TO 3 INC /LESS W 50 FT & E 10 FT RD R/W/ BLK 55

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.

City:West Palm Beach,Zoning:QGD-10 (,List A O R:A-Miami Association of REALTORS,Stories:1,Latitude:26.7088145,List Price:4250000,Listing Id:A11909648,Longitude:-80.0539411,Mls Status:Active,Year Built:1965,Postal Code:33401,Street Name:Dixie Hwy,Coordinates:1:26.7088145,Photos Count:7,Lot Size Units:Square Feet,M I A M I R E_ Area:5420,On Market Date:2025-11-06,Parcel Number:74434321080550011,Parking Total:8,Property Type:Commercial Sale,Stories Total:1,Street Number:515,Public Remarks: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.,County Or Parish:Palm Beach County,Expiration Date:2026-04-20,List Office Name:APEX Capital Realty LLC,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:5809,Property Sub Type:Industrial,State Or Province:FL,Street Dir Prefix:S,Tax Annual Amount:53835,Unparsed Address:515 S Dixie Hwy, West Palm Beach FL 33401,Listing Agreement:Exclusive Agency,Building Area Total:5500,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Square Feet:11731,M I A M I R E_ Flood Zone:X,M I A M I R E_ For Sale Y N:1,Original List Price:4250000,Public Survey Range:43,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks: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.,Listing Contract Date:2025-11-06,Originating System I D:miamire,Public Survey Section:21,Street Number Numeric:515,Tax Legal Description:MODEL LAND CO ADD LTS 1 TO 3 INC /LESS W 50 FT & E 10 FT RD R/W/ BLK 55,M I A M I R E_ Current Price:4250000,Public Survey Township:43,M I A M I R E_ Municipal Code:74,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Absolute NNN Goodyear lease on US-1 in Downtown West Palm Beach. Hands-off investment with 15-year term, rent bumps, and zero landlord duties.,M I A M I R E_ Parcel Number M L X:0011,M I A M I R E_ Street View Param:1$26.708815$-80.053934$270.19$13.33$1.00$CAoSFkNJSE0wb2dLRUlDQWdJRHk3OWE5Q2c.,M I A M I R E_ Supplement Count:1,Contract Status Change Date:2025-11-06,Internet Address Display Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:8,M I A M I R E_ Agent Alternate Phone:305-570-2600,M I A M I R E_ Property Description:Single Tenant Net Lease,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:515 S Dixie Hwy,