Tenant: O’Reilly Auto Parts | Booneville, AR
Premises: 7,252 SF
Renewal Options: 4 x 5 Years
Lease Expiration: 6/30/2026
Lease Type: NN
Rental Increases: 5% on 7/1/2021 & At Options
Sands Investment Group is Pleased to Exclusively Offer This NN Investment Opportunity Located at 70 E Main Street in Booneville, Arkansas.
In Cooperation With Sands Investment Group Arkansas, LLC – Lic. # PB00085157
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O’Reilly Automotive, Inc. (NASDAQ: ORLY) is one of the largest specialty retailers of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, serving both professional service providers and do-it-yourself customers. Founded in 1957 by the O’Reilly family, the company currently operates about 5,344 stores in 47 states, including Alaska and Hawaii, as of June 2019.
On July 11, 2008, the company completed the largest acquisition in its history with the purchase of CSK Auto, adding 1,273 stores in 12 states. This, combined with past acquisitions, made O’Reilly the third largest auto parts chain in the country after Advance Auto Parts and AutoZone. In December 2012, O’Reilly announced it was purchasing the auto parts business of VIP Parts, Tires and Service, a Lewiston, Maine-based chain of 56 auto parts stores and service centers with locations in Maine, New Hampshire, and Massachusetts, and one distribution center in Maine. The purchase marked the firm’s expansion into New England. On October 26, 2016, O’Reilly announced that it was acquiring Bond Auto Parts, a 51 store chain headquartered in Vermont with locations in New Hampshire, Massachusetts, and New York as well.