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515 S Dixie Hwy
West Palm Beach, FL 33401
SINGLE TENANT NET LEASE GOOD YEAR · Retail Property For Sale
Investment Highlights
- TENANT: The Goodyear Tire & Rubber Company
- LEASE TYPE: Absolute NNN
- CORE LOCATION: Downtown West Palm Beach, minutes to The Square, Clematis, Flagler waterfront, and Palm Beach Island
- USE: Tire sales, installation, and related automotive services
- LEASE OPTIONS: Six (6) five (5)-year options to renew (10% increases at the beginning of each option term)
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
5,500 SF
Building Class
C
Year Built
1965
Price
$3,800,000
Price Per SF
$690.91
Cap Rate
2.39%
NOI
$90,750
Tenancy
Single
Building Height
1 Story
Building FAR
0.47
Lot Size
0.27 AC
Zoning
QGD-10 - Downtown WPB – Quadrille Garden District
Parking
8 Spaces (1.45 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 74-43-43-21-08-055-0011 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,667,668 |
Property Taxes
Parcel Number
74-43-43-21-08-055-0011
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,667,668
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