INVESTMENT OFFERING

SAB Capital is pleased to present AutoZone in Elizabethtown, PA, located 58 miles north of Baltimore, MD. The tenant currently has 19 years remaining in the base term of their absolute triple net (NNN) lease. The lease features two rent escalations of 5% each, occurring in year 11 and again in year 16. The building was built in 2023 and is in a high population growth area seeing a 10.6% increase within a 5-mile radius since 2010. The lease is corporately guaranteed by AutoZone Corp. (S&P: BBB) which operates more than 6,000 locations throughout the country and are growing.

• AutoZone In Elizabethtown, PA | Lancaster County MSA Location And 58 Miles East Of Downtown Baltimore
• Zero Landlord Responsibilities | Absolute Triple Net (NNN) Lease Structure
• Strong Tenant Commitment | AutoZone Signed Rare 20-Year Base Term Lease
• Brand New 2023 Construction | Build To Suit
• Strong Corporate Guaranty | AutoZone Corp. Operates 6,000+ Locations (S&P: BBB)
• Robust Local Population Growth | 10.6% Increase In 5 Mile Radius Since 2010
• Extremely Loyal Customer Base | 31% Of Customers Have Visited 5 Or More Times (Placer.ai)
• Close Proximity to Interstate Highway | Under 1.5 Miles From PA-283
• Highly Trafficked Location | South Market Street Oversees 20,177 Vehicles Per Day
• Strong Location Fundamentals | Located a 1/2 Mile From Elizabethtown College
• National Retailers Located Nearby | McDonald’s, Taco Bell, Advance Auto Parts, Wendy’s, and Many More