As the economy has recovered from the 2009 recession, the service industry has expanded rapidly. The automotive sector has been steadily growing over the years with the expectation of more growth in the future, particularly for the auto parts industry. …
Auto parts stores don’t usually make the top of the list when investors are looking for “flashy” retail opportunities. But as far as net-lease investments go, these chains are reliable performers providing consistently favorable returns. Let’s look at the industry’s three largest retailers, AutoZone, Advance Auto Parts, and O’Reilly Auto Parts and see how they stack up.
AutoZone is the largest of the auto parts chain with nearly 5,300 stores in the nation having opened 71 stores this year. Advance Auto Parts has just fewer than 5,100 locations of its namesake units. O’Reilly operates approximately 4,660 units which include 209 …