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Automotive Retailers Expanding Nationwide
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Automotive Retailers Expanding NationwideTBC Corporation trades as Big O Tires at 440 locations in AZ, CA, CO, ID, IN, KY, MT, NE, NV, NM, OK, OR, SD, TX, UT, WA, WY and Canada. The automotive stores occupy 5,000 sq.ft. in freestanding locations. Plans call for 50 openings in the coming 18 months in the existing markets. Leases running 10 years are typical. For more information contact Greg Lutz, TBC Corporation, 12650 East Briarwood Avenue, Suite 2D, Englewood, CO 80112; 303-728-5500, Fax 303-728-5700. JoeAuto.com operates two locations in TX. The automotive repair stores occupy spaces of 25,000 sq.ft. in freestanding locations. Plans call for expansion in Austin, Houston and Dallas, TX during the coming 18 months. The company requires land areas of 2.5 to 3 acres, and prefers to purchase sites, but will consider existing 25,000 sq.ft. locations with at least 30 repair bays.For more information, contact Kevin Greve, Trammell Crow, 7535 East Hampden Avenue Suite 650, Denver, CO 80231; 303-224-6386, Fax 303-695-4334, Web site: www.JoeAuto.com V.I.P., Inc. trades as VIP Discount Auto Centers at 49 locations in ME, MA and NH. The automotive stores occupy spaces of 10,500 sq.ft. in urban/downtown areas and freestanding locations. Plans call for six to eight openings annually during the coming 18 months. Expansion opportunities are sought in MA, ME and NH. Sites of 1.2 acres are required, and the company is scouting the eastern half of MA towards RI. Preferred demographics include a population of 25,000 residing within a 10-mile radius earning an average income of $25,000. Leases running 12 to 15 years are typical.For more information, contact Robert Spencer, V.I.P., Inc., 12 Lexington Street, Lewiston, ME 04240; 207-784-5423, Fax 207-784-9178. Grease Monkey International operates 211 locations nationwide and in Mexico. The quick-lube centers occupy 1,800 sq.ft. in strip and power centers and freestanding locations. Plans call for 12 to 24 openings in the coming 18 months and expansion is sought nationwide. Leases running 20 years with options are typical. The company prefers to acquire sites or build-to-suit. The company prefers to cotenant with grocery stores and cites Jiffy Lube as competition. The company lists its typical customer as males between 25 and 45 years old with middle to upper income levels. For more information contact Mike Brunetti, Grease Monkey International, 633 17th Street, Suite 400, Denver, CO 80202-3604; 303-308-1660, Fax 303-308-5908, Email: mikeb@greasemonkeyintl.com. Genuine Parts Company trades as NAPA Auto Parts at 5,800 locations nationwide. The auto parts and accessories retailer occupies spaces of 5,000 sq.ft. to 8,000 sq.ft. in freestanding locations. Plans call for 50 openings in the coming 18 months and expansion opportunities are sought nationwide. Leases running five years are typical and a vanilla shell is required. The company requires a land area of one acre and prefers to cotenant with Home Depot. The company cites Autozone, Pep Boys, Advance Auto Parts, Discount Auto Parts and CSK as competition. For more information contact Karl Koenig, Genuine Parts Company, 2999 Circle 75 Parkway, Atlanta, GA 30339; 770-612-2008, Fax 770-956-2208, Email: karl-koenig@genpt.com. Robbins Auto Parts, Inc. trades as Robbins Auto Parts at 12 locations in NH. The automotive stores occupy spaces of 6,000 sq.ft. to 12,000 sq.ft. in freestanding locations. Plans call for expansion in ME and NH during the coming 18 months. The company seeks land areas of .75 to 1.25 acres, and prefers to own sites. For more information, contact Robert Weisner, Robbins Auto Parts, Inc., 110 Washington Street, Dover, NH 03820-3749; 603-742-2414, Fax 603-742-3057. |