SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased AutoZone investment property located in Rio Grande City, Texas. The tenant, AutoZone, after approximately 25 years of operation at this site, recently signed a new 15-year lease extension with six (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases in January of 2029 and then 5% rental 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, management-free investment opportunity for an investor.