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Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1965
Sq.Footage
N/A
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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Property Type
Commercial Sale
-
Property Sub Type
Industrial
Price
-
Sales Price
$4,250,000
-
Tax Amount
53835.0
-
Zoning
QGD-10 (
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
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Location
County
Palm Beach
Elementary School
Middle School
High School
Listing Courtesy of Miguel Pinto , APEX Capital Realty LLC
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Realtor
JarrodGaylis
Call Jarrod today to schedule a private showing.
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Related Properties
West Palm Beach
5201 Village Blvd
None Beds
None Baths
9,308 Sq.Ft.
$4,100,000
MLS#: A11845229
