Dallas, Texas – A German Family Office represented by International Capital (IC) acquired an O’Reilly Auto Parts Store in Sarasota, Florida at the beginning of August. The property is located on the Atlantic coast between St. Augustine and Daytona Beach. The new building was completed at the end of July and has been acquired by the German investor with a new 20-year net lease.

The property is located on a busy thoroughfare in the south of Sarasota, ideally positioned alongside leading car dealerships like BMW, Mercedes, Lexus, Acura and Audi.

O’Reilly, the leading American after-market distributor of car parts, is already successfully present in the region with 6 branches. In the US, the company is represented in 47 states with more than 4,900 branches.

The tenant, rated with an investment grade rating of BBB + (S&P), offers a secure and well-calculated real estate investment through long-term net rental contracts. The tenant has been successfully positioned in the US market for 60 years.

The acquistion represented the customer’s second US investment through IC.

Martina Crevecoeur, CCIM, International Capital’s Vice President of Acquisitions/Dispositions represented the Family Office in the transaction.

ABOUT INTERNATIONAL CAPITAL, LLC

International Capital, LLC is a boutique real estate advisory firm with over 35 years experience representing more than 100 legal entities in its capacity as asset manager and as property manager. The company handles a portfolio of more than 20 properties in the southwestern United States. Offering a wide range of commercial real estate services, specialties include the acquisition, disposition, management and administration of commercial investment properties. Land and property development, funds conception, mezzanine financing and cash management are also integral parts of the company’s portfolio.