Automotive Property – 5,500 SF in West Palm Beach, FL – Absolute NNN Goodyear Lease

Category: Automotive (Service / Dealership)

Price:$4,250,000

Location: West Palm Beach, FL

Year Built: 1965

Days on Market: 9

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.

Absolute NNN Goodyear lease on US-1 in Downtown West Palm Beach. Hands-off investment with 15-year term, rent bumps, and zero landlord duties.

Listing Code: 1145851925