O'Reilly Automotive Leases 520,000-SF Warehouse

STOCKTON, CA-O’Reilly Automotive Inc. has inked a long-term lease for a 519,840-square-foot distribution warehouse here that will replace a smaller building the publicly traded retailer of auto parts and accessories currently utilizes in Dixon, CA, according to the Buzz Oates Group of Companies, which which developed the building. The lease rate reportedly starts at just under $2 million per year.

Based in Springfield, MO, O’Reilly Automotive sells to commercial businesses and consumers through approximately 3,400 stores nationwide under the brand names Checker Auto Parts, Schuck’s Auto Supply, Kragen Auto Parts and Murray’s Discount Auto Stores. Last year, the company acquired CSK Auto Corp., which had 1,342 stores in 22 states operating under four brand names: Checker Auto Parts, Schuck’s Auto Supply, Kragen Auto Parts and Murray’s Discount Auto Parts. Since that time it has been busy integrating the stores and adjusting its distribution center network.

On its third quarter conference call, company executives said that after the addition of our four new distribution centers in the West next year, it will operate from 23 locations providing nightly service to its stores in 38 states. “Based on our distribution capacity, we are in good shape to continue expanding into new market throughout the states we currently operate in,” one executive said.