515 S Dixie Hwy

West Palm Beach, FL 33401

$3,800,000
  • 0.27 Acre

515 S Dixie Hwy
West Palm Beach, FL 33401

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5420 / West Palm Beach / FL

Industrial HIGHLIGHTS

  • Property Type

    Post-War Commercial Sale, Industrial

  • Total Area

    5,500 Sqft ($691/Sqft)

  • Year Built

    1965

Listing courtesy of Miguel Pinto of APEX Capital Realty LLC.

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.

  • Acres

    0.27 Acres

  • Lot Size

    11,730 Sqft

  • MLS #

    A12026968

  • Property Type

    Industrial

  • Year Built

    1965

  • Building Area Total

    5500

  • Structure Type

    Retail

  • Year Built

    1965

  • Zoning Description

    QGD-10 (

  • Annual Taxes

    $37,608

in US Dollars

%

Total/Month

  • Principal & Interest
  • Property Taxes (monthly) $3,134

 *The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.

515 S Dixie Hwy

Location

Nearby Points of Interest

  • Solemar Psychiatry LLC

    Health Care, Independent

  • Mama Bella Gourmet Market

    Common Needs, Independent

  • Ideal Nutrition West Palm Beach

    Food Shops, Independent

  • Grullon, Vanesa M DMD

    Health Care, Independent

  • Premiere Dental Care

    Health Care, Independent

Data courtesy of LocalLogic.co

Downtown
Neighborhood

Downtown

Downtown West Palm Beach is a vibrant urban district that serves as the cultural, business, and entertainment hub of the city. The area features a walkable layout with tree-lined streets, public art installations, and modern infrastructure...

515 S Dixie Hwy

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Information deemed reliable but not guaranteed. Information is provided, in part, by Greater
Miami MLS. This information being provided is for consumer's personal, non-commercial use and may
not be used for any other purpose other than to identify prospective properties consumers may be
interested in purchasing.


This information being provided is for consumer's personal, non-commercial use and may not be
used for any other purpose other than to identify prospective properties consumers may be interested
in purchasing.