Franklin Street is pleased to present the opportunity to acquire 2000 Okeechobee Boulevard in West Palm Beach, Florida, a strategically located automotive property subject to a newly executed lease with Sixt Rent A Car, LLC. The lease provides for initial annual base rent of $200,000 with 2.0% annual increases, a seven-year initial term and two, five-year extension options. The propery is positioned along Okeechobee Boulevard, one of West Palm Beach's primary commercial corridors, providing connectivity between President Donald J. Trump International Airport, I-95, Downtown West Palm Beach/CityPlace and Palm Beach. The location benefits from a diverse demand base driven by tourism, business travel, population growth and the continued expansion of Downtown West Palm Beach as a major South Florida employment and financial center.
Sixt is one of the world's leading premium mobility providers and continues to expand its U.S. platform. The company reported more than $1.5 billion in U.S. revenue in 2025, while Palm Beach county welcomed a record 10.7 million-plus visitors during the same year. The 0.51-acre property benefits from a long-established automotive history, with Palm Beach County confirming that Light Vehicle Sales and Rental remains a vested use for the site. The property is currently being prepared for SIXT occupancy, with the location targeted to open by year--end 2026.