515 S Dixie Hwy, West Palm Beach, FL 33401

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Industrial

$4,250,000 Built: 1965

N/A N/A N/A

Type of PropertyIndustrial

Style of PropertyAutomotive

Property Area5500

Living Area

Price per Ft²N/A

PetsN/A

WaterfrontN/A

PoolN/A

FurnitureN/A

Property description of Industrial

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.

Exterior Features

No information about Exterior Features.

Interior Features

No information about Interior Features.

Amenities

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Equipment/Appliances

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Property Features

Name

MLSA11909648

ForeclosureN/A

Short SaleN/A

Parking

Parking Restrictions

Parking Spaces8

Approx. Ft²

Approx. Lot Size

Boat Dock

Last Update1 minute

Pet Restrictions

Floor Number

Cooling Description

Heating Description

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Construction

Flooring Type

Maintenance Fees

Taxes$53,835

Property contact form

Gladys Martinez PA305-321-7889gmrealtor7@gmail.com

MLS Data Source: Miami Association of REALTORS. Copyright SEFMLS © 2025
Listing is a courtesy of APEX Capital Realty LLC. Office (info@apexcapitalrealty.com, 305-570-2600). Agent (miguel@apexcapitalrealty.com, 305-570-2600).
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

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