8027 Front Beach Rd – 2,500 SF Retail

Corporate Avis NNN is a single-tenant retail investment at 8027 Front Beach Road in Panama City Beach, FL. The corporate-operated Avis / Budget location has approximately 25 years of operating history, giving buyers an established tenant presence on Front Beach Road.

The 2,500 SF property is 100% occupied under an absolute net lease backed by a full corporate guarantee from Avis Budget Group Inc. The tenant is responsible for taxes, insurance, and maintenance, defining the landlord’s operating role. The lease runs through December 31, 2031, while a percentage-rent clause provides for the greater of minimum rent or 5% of gross sales. For an investor, the lease structure and operating history are the central features of the asset.

Front Beach Road is Panama City Beach’s primary east-west tourism and commercial corridor, with 30,000 AADT at the property. The nearby hotel and resort cluster connects the location to visitors using rental cars, while surrounding retailers include Walmart Supercenter, Publix, Walgreens, and CVS Pharmacy. That mix places the Avis / Budget storefront among visitor accommodations and everyday retail stops, rather than relying on the address alone to explain its position.

The asking price is $1,200,000, or $480 PSF, at a 5.45% cap rate. Projected NOI of $65,351 reflects the scheduled rent increase effective January 1, 2027; the listing also carries 5.2 years of WALT and a gross rent multiplier of 18.36. Buyers can weigh the corporate guarantee and defined lease obligations alongside the sales-linked rent provision. Review the Offering Memorandum for the transaction details.