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Informations principales sur l'investissement

  • Corporate-operated Avis/Budget rental car facility with approximately 25 years of operating history and no plans for closure
  • Lease expiration December 31, 2031, providing near-term income stability with built-in rent growth
  • Percentage rent structure: minimum base rent or 5% of gross sales with annual true-up, offering upside tied to sales performance
  • Prime Front Beach Road location in Panama City Beach, benefiting from strong tourism, high traffic counts and proximity to hotels and resorts

Résumé analytique

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.

Informations sur l’immeuble

Type de vente
Investissement triple net
Type de bien
Local commercial
Surface de l’immeuble
232 m²
Classe d’immeuble
B
Année de construction
1984
Prix
1 035 444 €
Prix par m²
4 458,17 €
Taux de capitalisation
5,45 %
RNE
56 390 €
Pourcentage loué
100 %
Occupation
Multi
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,10
Surface du lot
0,23 ha
Zonage
BC05 - Affaires Commerciales
Stationnement
36 places (155 places par 1 000 m² loué)
Façade
29 m sur Front Beach Rd

Caractéristiques

  • Signalisation
  • Climatisation
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100

Principaux commerces à proximité

Waffle House
Guthrie's
Navy Federal Credit Union

Taxes foncières

Taxes foncières

Numéro de parcelle
27887-040-000
Évaluation du terrain
345 148 €
Évaluation des aménagements
192 753 €
Évaluation totale
537 901 €
  • ID de l’annonce: 38970038

  • Date de mise sur le marché: 05/01/2026

  • Dernière mise à jour:

  • Adresse: 8027 Front Beach Rd, Panama City Beach, FL 32407

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