Sierra Vista and Thatcher, AZ (December 13, 2023) - Debbie Heslop of VOLK Company in Tucson represented O'Reilly Auto Enterprises, LLC, in purchasing two parcels of land in Southern Arizona for expansion.
The first is an approximately 89,298-square-foot parcel of land in Thatcher at Bauer Avenue and Highway 70 in Graham County from DMMK FP LLC for $535,000 ($5.99 PSF). This will be its second store in Thatcher.
The other is an approximately 35,545-square-foot parcel of land in Sierra Vista at 4455 S Hwy in Cochise County from Betsy L Huttsell for $300,000 ($8.44 PSF). This will be the second store in Sierra Vista.
The new owner will develop and operate an O’Reilly Auto Parts retail store at each location.
O'Reilly Auto Parts was founded in 1957 by Charles F. O'Reilly and his son, Charles H. "Chub" O'Reilly, and initially operated from a single store in Springfield, Missouri. It opened for business on December 2, 1957, with one store and 13 employees at 403 Sherman Avenue in Springfield. Due to the hard work and commitment of the original employees, the business grew and prospered from its very first year. By 1961, O'Reilly Automotive and Ozark Automotive Distributors were formed to serve independent automotive jobbers in the area. In March 1975, a 52,000-square-foot facility at 233 South Patterson Avenue was built for the O'Reilly and Ozark warehouse operation. By that time, the Company had nine stores located throughout southwest Missouri.
The long-term plans and stability of the Company were solidified by a public offering of company stock in April 1993. Since then, O'Reilly Auto Parts has grown by opening new stores and through numerous mergers and acquisitions. It currently operates more than 6,000 stores in 48 U.S. states, Puerto Rico, and Mexico.
To learn more, Heslop should be reached at 520.495.2235.