Avis /Budget Corporate-Guaranteed NNN 8027 Front Beach Rd 2,500 SF 100% Leased Retail Building Panama City Beach, FL 32407 $1,200,000 ($480/SF) 5.45% Cap Rate

Premier Commercial Group is pleased to offer the NNN Avis/Budget Rental Car facility located at 8027 Front Beach Road in Panama City Beach, Florida.
This offering features a corporate-operated Avis/Budget location backed by a full corporate lease guarantee from Avis Budget Group, Inc., ensuring strong creditworthiness and reliability. With a robust operating history spanning approximately 25 years as a long-standing store, this site underscores its proven viability and strategic importance within the thriving Panama City Beach market. Corporate ownership has confirmed no plans to close or relocate, affirming its status as a mission-critical, high-performing storefront for the tenant.
The property is secured by an absolute triple net (NNN) lease expiring December 31, 2031, where the tenant is responsible for all property taxes, insurance, and maintenance, providing investors with hands-off ownership, near-term stability, and built-in income growth. The projected NOI is based on the scheduled rent increase
effective January 1, 2027.
The lease also includes a percentage rent clause, structured as minimum base rent or 5% of gross sales, whichever is greater. As a corporate store, Avis reports sales and conducts an annual true-up, offering investors significant potential upside beyond base rent. This structure enables ownership to directly capitalize on the strong tourism-driven demand and exceptional sales performance in the Panama City Beach market.
Situated along Front Beach Road—one of the area's premier commercial and tourist corridors—this fantastic storefront benefits from outstanding visibility, high traffic counts exceeding 30,000 vehicles per day, and immediate proximity to hotels, resorts, and key regional attractions, solidifying its role as an indispensable location for the tenant.