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Automotive Retailers expanding Nationwide
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Automotive Retailers expanding Nationwide O’Reilly Auto Parts operates 1,100 locations throughout AL, AR, FL, GA, IA, IL, IN, KS, KY, LA, MO, MS, NC, NE, OK, TN, TX and VA. The automotive stores occupy spaces of 6,800 sq.ft. to 8,000 sq.ft. in freestanding locations. Plans call for 180 openings nationwide during the coming 18 months. The company will lease or acquire sites. For more information, contact Camille Strickland or Alan Fears, O’Reilly Auto Parts, PO Box 1156, Springfield, MO 65801-1156; 417-862-3333, Fax 417-874-7112;Email: cstrickland@oreillyauto.com; Web site: www.oreillyauto.com.
Genuine Parts Co. trades as Napa Auto Parts at 5,800 locations nationwide. The automotive parts stores occupy spaces of 5,000 sq.ft. to 8,000 sq.ft. in freestanding locations. Plans call for 40 to 60 openings nationwide during the coming 18 months. The company requires a land area of 0.75 acres. Typical leases run five years with a five-year option. A vanilla shell is required. Competition is cited as AutoZone, Advance, Checker, Schuck’s and Kragen. For more information, contact Karl Koenig, Genuine Parts Co., 299 Circle 75 Parkway, Atlanta, GA 30339; 770-953-1700, Fax 770-956-2211; Email: karl-koenig@genpt.com; Web site: www.genpt.com.
Somerset Tire Service, Inc. trades as STS Tire And Auto Center at 101 locations throughout NJ, NY and PA. The automotive service stores occupy spaces of 5,600 sq.ft. in freestanding locations. Plans call for five openings throughout NJ, NY and PA during the coming 18 months. Typical leases run 10 years. Preferred demographics include a population of 30,000 within three miles earning $50,000 as the average household income. For more information, contact Ted Haase, Somerset Tire Service, Inc., PO Box 2001, Bound Brook, NJ 08805; 732-356-8500 Ext. 353, Fax 732-356-8821; Email: thaase@ststire.com; Web site: www.ststire.com.
Advance Auto Parts operates 2,600 locations nationwide. The automotive stores occupy spaces of 7,000 sq.ft. in freestanding locations and strip centers. Plans call for 15 openings throughout MA, NY and VT during the coming 18 months, with representation by Vanguard Capital Realty, Inc. Typical leases run 10 to 15 years. Competition is cited as AutoZone. For more information, contact Ken Brownell, Vanguard Capital Realty, Inc., 2050 Western Avenue, Suite 201, Guilderland, NY 12084; 518-862-0861, Fax 518-452-5972; Email: kbrownell@vanguardfine.com; Web site: www.vanguardfine.com.
Ashland, Inc. trades as Valvoline Instant Oil Change at 740 locations nationwide. The automotive stores, which also specialize in maintenance, including oil and lube, occupy spaces of 1,500 sq.ft. in freestanding locations and mixed-use and power centers. Plans call for 70 openings nationwide during the coming 18 months. Typical leases run 25 years. The company requires a land area of 30,000 sq.ft. Preferred cotenants include Target and Kroger. Preferred demographics includes a trade-area population earning $62,000 as the average household income. Competition is cited as Jiffy Lube. The company is franchising. For more information, contact John Baldwin, Ashland, Inc., 3499 Blazer Parkway, LA3N, Lexington, KY 40509; 859-357-7271, Fax 859-357-7049.
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