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.

Key Features

• 11,731 SquareFeet Lot
• Built in 1965

Property Details

• Type: Single Family Home
• Year Built: 1965
• Lot Size: 11,731 sq ft
• HOA: Contact Agent
• Bedrooms: 0
• Bathrooms: 0
• Feature: 11,731 SquareFeet Lot
• Feature: Built in 1965
• Status: Active
• MLS Number: 1145851925
• Days on Market: 0
• Listed By: MLS Listing
• Zip Code: 33401