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Automotive Retailers Expanding Nationwide
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Automotive Retailers Expanding Nationwide Genuine Parts Co. trades as NAPA Auto Parts at 5,800 locations nationwide. The stores, featuring auto parts and accessories, occupy spaces of 8,000 sq.ft. in freestanding locations. Plans call for as many as 60 openings during the coming 18 months. Expansion will take place nationwide. Preferred cotenants include Home Depot. The company cites Autozone, Carquest, Discount Auto and Advance Auto as competition. Leases running five years are typical. A vanilla shell is required. A land area of one acre is required. For more information, contact Karl Koenig, Genuine Parts Co., 2999 Circle 75 Parkway, Atlanta, GA 30339; 770-612-2008, Fax 770-956-2208; Email: karl-koenig@genpt.com. Mar-Lac Distributing Co. trades as Parts Plus at 11 locations in WA. The auto parts stores occupy spaces of 4,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout WA during the coming 18 months.For more information, contact Bruce McLachlin, Mar-Lac Distributing Co., 1426 South Dearborn Street, Seattle, WA 98144; 206-322-2686, Fax 206-325-3811. Safelite Glass Corp. trades as Safelite Auto Glass at 700 locations nationwide. The stores, which carry and install auto glass/windshields and repair related items, occupy spaces of 1,800 sq.ft. to 3,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought in selective markets nationwide during the coming 18 months. Leases running five years with two five-year options are typical. For more information, contact Randy Randolph, Safelite Glass Corp., 1105 Schrock Road, Columbus, OH 43229 614-842-3000, Fax 614-842-3252. Consumer Auto Parts Inc. trades as Consumer Auto Parts at 21 locations in CT, MA, NH and RI. The stores, featuring discount automotive parts, occupy spaces of 5,000 sq.ft. to 6,000 sq.ft. in freestanding locations and mixed-use and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Merrill Cohen or Dave Gerry, Consumer Auto Parts Inc., 2222 Summer Street, Worcester, MA 01604; 508-798-1827, Fax 508-799-5734. Joeauto, Inc. operates two Joeauto locations in TX. The auto repair stores occupy spaces of 25,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout Austin, Dallas and Houston, TX during the coming 18 months. The company prefers to acquire property. A land area of 2.5 to three acres is required. The company will consider a pre-existing building of 25,000 sq.ft. to 30,000 sq.ft.For more information, contact Kevin Greve, c/o Evergreen Capital & Development, LLC, 3082 Evergreen Parkway, Suite A, Evergreen, CO 80439; 303-670-2827, Fax 303-670-2837. Carstar Automotive operates 300 locations in 22 states nationwide. The automotive stores occupy spaces of 8,500 sq.ft. to 10,000 sq.ft. in freestanding locations. Growth opportunities are sought nationwide during the coming 18 months. Demographic requirements include a population of 100,000 within a five-mile radius. For more information, contact Steve King, Carstar Automotive, 8400 West 110th Street, Suite 200, Oberland Park, KS 66210; 913-451-1294, Fax 913-451-4436. Straus Frank Co. trades as Carquest Auto Parts at 118 locations in LA, OK and TX. The automotive parts stores occupy spaces of 5,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Leases running five years plus options are typical. The company plans expansion through acquisitions. A land area of 30,000 sq.ft. is required. For more information, contact Roger Pritt, Straus Frank Co., PO Box 600, San Antonio, TX 78292; 210-226-0101, Fax 210-225-7522. Swash Precision Auto Wash operates 18 locations in FL, NC, NY and RI. The car washes occupy spaces of 1,500 sq.ft. to 3,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout CT; Jacksonville, FL; southeastern MA; Rochester, NY and Providence, RI during the coming 18 months. Other sites the company will consider include outparcels at centers anchored by supermarkets or pad locations at large retail home improvement/supermarket co-anchored locations with gas stations or convenience stores. The company will locate in former gas stations or other former car service sites. A daily traffic count of 25,000 vehicles and a land area of 15,000 sq.ft. to 35,000 sq.ft. are required. For more information, contact Steve McLaughlin, c/o Kingsley Management, LLC, 103 Broad Street, Boston, MA 02110; 617-357-9274, Fax 617-357-0845. Tune-It Lube operates 10 locations in LA. The automotive quick lube centers occupy spaces of 1,800 sq.ft. in freestanding locations. Growth opportunities are sought throughout northwestern LA and eastern TX during the coming 18 months. Spaces of 1,800 sq.ft. at street level and 1,200 sq.ft. at basement level are sought to avoid the use of lifts. Leases running 10 years plus options are typical. The company also will consider acquisitions. For more information, contact Todd Burns, Tune-It Lube, 1205 East Bert Kouns, Shreveport, LA 71105; 318-797-0702, Fax 318-797-0504. Lubrication Management Co. trades as Expressway Lube Centers at 20 locations in CT, NY and RI. The automotive centers, offering quick lube services and drive-thru oil changes, occupy spaces of 10,000 sq.ft. to 20,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout CT, MA, NJ, NY and RI during the coming 18 months. Leases running 35 years or 30 years plus options are typical. The company will consider the acquisition of parcels with a land area of 0.5 acre. For more information, contact Steven Chance, Lubrication Management Co., 200 Connecticut Avenue, Norwalk, CT 06854; 203-838-8118, Fax 203-838-7852.
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