SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, corporate guaranteed AutoZone investment property located in Oakland, California. The tenant, AutoZone, recently agreed to extend their lease through September 2045, bringing the remaining lease term to over 19 years with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features a 10% rental increase in 2030 and 7% increases at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities, making it an ideal, low management investment opportunity for a passive investor.