STRONG LEASE STRUCTURE

• Absolute NNN Ground Lease - Zero Landlord Responsibilities
• 15 Year Term with Six (6) five (5) year extensions
• Rent increases by six percent after year 6 and increases by eight percent in each 5-yr option period

STRATEGICALLY POSITIONED ON DENSE CORRIDOR

• Over 2.2MSF in 1-mile Radius of subject site
• Nearby Retailers include: Willowtree Plaza Shopping Center, Home Depot, Aldi, Lidl, Taco Bell, and many more
• Over 3K apartments located in a 1-mile radius

EASILY ACCESSIBLE & WITH EXCELLENT VISIBILITY

• Fronts W. Patrick St. (47.5k VPD)
• Cross access with adjacent strip center providing access to the light

CORPORATE LEASE FROM CREDIT TENANT

• AutoZone has a credit rating of BBB providing a stable investment
• AutoZone operates more than 7,100 locations across the US, Mexico, and Brazil | 2023 Annual Revenue was $17.457 Billion

EXCELLENT DEMOGRAPHICS & GROWTH

• According to the U.S. Census Bureau, Frederick County is the fastest growing county in Maryland
• AHHI exceeds $100K in 1, 3, and 5 mile radius
• Over 134K people live in a 5-mile radius
• From 2020- 2023 the population in the county grew 7.55% compared to the state population growth of 0.11%

LOCATED BETWEEN TWO MAJOR MSAS

• Positioned between the WashingtonArlington MSA (6.3M+ population) and Baltimore MSA (2.8M+), combining to be the 3rd largest Combined Statistical Area (CSA) in the Nation
• The Baltimore & Washington CSA has the fourth-highest median household income in the United States