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515 S Dixie Hwy
West Palm Beach, FL 33401 Downtown West Palm Beach

$4,250,000 USD

Auto Repair For Sale  •  5,500 SF

Property Details

• Property Type Auto Repair
• Total Building Size 5,500 SF
• Lot Size 0.27 AC
• Building Class C
• Year Built 1965
• Cap Rate 2.14 %
• Tenancy Single
• Zoning QGD-10

45 Transit Score

97 Walk Score

Highlights

TENANT: The Goodyear Tire & Rubber Company

USE: Tire sales, installation, and related automotive services

LEASE TYPE: Absolute NNN

LEASE TERM: 15 years (commencement 2022)

LEASE ESCALATIONS:10% increases every five (5) years during the initial term

LEASE OPTIONS: Six (6) five (5)-year options to renew (10% increases at the beginning of each option term)

Property Flyers

Property Brochure

Cap Rate:

2.14 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Goodyear

Amenities

• Pylon Sign
• Signage
• Signalized Intersection

Public Transportation

Commuter Rail	Drive	Walk	Distance
	1 min	6 min	0.3 mi
West Palm Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	3 min	18 min	0.8 mi
Airport	Drive	Walk	Distance
Palm Beach International	11 min	-	4.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	8
Type:	Surface
Included in Rent:	Yes