515 S Dixie Hwy, West Palm Beach, FL
About this property
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.
Property facts
- Sqft
- 5,500
- Year Built
- 1965
- Location
- West Palm Beach, FL 33401
- County
- Palm Beach County
- FEMA flood zone
- Zone X, minimal risk
- Ground elevation
- 12.6 ft
- Hurricane evacuation zone
- Not in a designated evacuation zone
- Distance to the coast
- 0.2 mi
Sources: FEMA National Flood Hazard Layer (panel 12099C0583G, effective 2024-12-20), USGS 3DEP, Florida Division of Emergency Management, OpenStreetMap coastline. Checked 2026-10-02. Public map data looked up at this location, not a survey or an insurance quote. Confirm with an elevation certificate, the county and your insurer.
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Interested in this property?
Contact Anthony Conners at Atlantic Commercial Advisors to schedule a showing or learn more.