West Palm Beach, FL 33401,515 S Dixie Hwy
West Palm Beach, FL 33401,515 S Dixie Hwy
West Palm Beach, FL 33401,515 S Dixie Hwy
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Maria Kunigonis

Maria Kunigonis

+1(305) 300-8164
$4,250,000
Est. payment /mo
5,500 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 5,500 sqft

Price per Sqft $772

MLS Listing ID A11909648

HOA Y/N No

Year Built 1965

Annual Tax Amount $53,835

Lot Size 0.269 Acres

Property Sub-Type Industrial

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.

Location

State FL

County Palm Beach

Area 5420

Exterior

Total Parking Spaces 8

Private Pool Yes

Building

Story 1

Level or Stories One

Others

Tax ID 74434321080550011

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11909648

Read Less Info
Miami Association of Realtors (SEFMIAMI MLS)
Listed by APEX Capital Realty LLC

NEARBY SCHOOL & BUSINESS

SCHOOLS PROPERTIES
Elementary Schools 20
  • 9

    Palm Beach Public School

    Public | KG - 5

  • 7

    U. B. Kinsey/Palmview Elementary School

    Public | PK - 5

  • 6

    West Gate Elementary School

    Public | PK - 5

  • 5

    Northboro Elementary School

    Public | PK - 5

  • 4

    Belvedere Elementary School

    Public | KG - 5

  • 4

    Westward Elementary School

    Public | PK - 5

  • 4

    Roosevelt Elementary School

    Public | PK - 5

  • 4

    Pleasant City Elementary School

    Public | PK - 5

  • 3

    Palmetto Elementary School

    Public | KG - 5

  • 1

    Northmore Elementary School

    Public | KG - 5

  • 0

    Renaissance Charter School at Summit

    Public | KG - 8

  • 0

    St Juliana Catholic School

    Private | PK - 8

  • 0

    K-8 Flva Virtual School Continuity Program

    Public | KG - 8

  • 0

    Palm Beach Christian Academy

    Private | PK - 2

  • 0

    Palm Beach Day Academy

    Private | 1 - 9

  • 0

    St Ann Catholic School

    Private | PK - 8

  • 0

    Renaissance Charter School at West Palm Beach

    Public | KG - 8

  • 0

    Rosarian Academy

    Private | PK - 8

  • 0

    Joseph Littles-Nguzo Saba

    Public | KG - 8

  • 0

    The Union Missionary Baptist Church Inc

    Private | KG - 5

Middle Schools 5
  • 10

    Bak Middle School of the Arts

    Public | 6 - 8

  • 4

    Conniston Middle School

    Public | 6 - 8

  • 4

    Roosevelt Middle School

    Public | 6 - 8

  • 0

    Educational Services Program-East

    Public | 6 - 12

  • 0

    Coates Learning Center

    Private | 8 - 12

High Schools 6
  • 9

    Alexander W Dreyfoos Junior School of the Arts

    Public | 9 - 12

  • 1

    Renaissance Learning Academy

    Public | 9 - 12

  • 0

    Matlock Academy

    Private | 9 - 12

  • 0

    Worthington High School

    Public | 9 - 12

  • 0

    Leadership Academy West

    Public | 9 - 12

  • 0

    Cardinal Newman High School

    Private | 9 - 12

School and business data provided by Attom Data.

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Maria Kunigonis

Maria Kunigonis

+1(305) 300-8164

Broker Associate | BK3327478

Broker Associate BK3327478

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515 S Dixie Hwy