Corporate Avis NNN

Corporate-guaranteed Avis / Budget NNN investment on Panama City Beach’s Front Beach Road at a 5.45% cap.

Premier Commercial Group is pleased to offer the NNN Avis / Budget Rental Car facility at 8027 Front Beach Road in Panama City Beach, Florida. The site is a corporate-operated Avis / Budget location backed by a full corporate lease guarantee from Avis Budget Group Inc. — with approximately 25 years of operating history. Corporate ownership has confirmed no plans to close or relocate, affirming the location's status as a mission-critical storefront. The property is secured by an absolute triple-net (NNN) lease through December 31, 2031, with the tenant responsible for taxes, insurance, and maintenance — providing hands-off ownership and near-term stability. The projected NOI is based on the scheduled rent increase effective January 1, 2027 and includes a percentage-rent clause structured as the greater of minimum rent or 5% of gross sales. As a corporate store, Avis reports sales directly, providing transparency on the upside.