Avis Car Rental

Absolute NNN Lease: A truly passive investment with zero landlord responsibilities, delivering hands-off ownership and stable income.
Institutional-Quality Tenant: Leased to Avis Budget Car Rental, LLC, a core operating subsidiary of Avis Budget Group (NASDAQ: CAR)
Brand New Construction: Scheduled for 2026 delivery, offering a pristine, low-maintenance asset.
Yearly Rent Escalations: 3% annual rent increases throughout the entire lease term, delivering consistent income growth and a natural hedge against inflation.
Fee Simple Ownership: Provides full ownership of the land and building, offering maximum control, long-term stability, and a depreciation benefits.
Attractive Percentage Rent Feature: The lease includes a unique “greater of” structure, where rent is the higher of the base rent or 10% of Gross Sales—providing investors with direct participation in tenant performance. For example, $1.5M in annual sales equates to $150,000 in rent, translating to an approximate 7.88% cap rate at the list price.

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