Property 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.

Overview

At a glance

Property Type

Commercial Sale

Property Sub-Type

Industrial

Address

515 S Dixie Highway, West Palm Beach, FL 33401

Zoning

QGD-10 (

MLS ID

A12026968

Listing Date

2026-05-28

Last Updated

5/29/2026, 2:11:53 AM

Days on Market

14