| After nearly 25 years of continuous operation at this site, AutoZone has reaffirmed its long-term commitment by executing a new 15-year lease. |
| A truly passive investment in which AutoZone is fully responsible for all taxes, insurance, maintenance, & any expenses incurred over the lease term. |
| The lease includes fixed rental increases throughout both the base term and all option periods, providing built-in rent growth. |
| The lease is corporately guaranteed by AutoZone, Inc. (NYSE: AZO), a publicly traded corporation with an investment-grade S&P credit rating of BBB. |
| AutoZone is the largest auto parts retailer in the U.S., operating over 7,500 locations across the United States, Mexico, and Brazil. |
| Owning investment real estate in Texas offers certain investors the benefit of no state income tax on rental income. |
Jonathan Silver
Sands Investment Group Santa Monica, LLC
