Posted 5/29/2014 02:20 pm
Updated 5 months ago
4 Wheel Parts of Compton, California, the nation's largest distributor of off-road parts and accessories, has signed a seven-year lease for property at 5620 Warden Road in Sherwood, which will become its first Arkansas location.
Colliers International Arkansas represented the property owner and the retailer in the transaction. Terms of the deal were not disclosed.
The 11,000-SF space, which faces U.S. 67-167, was formerly leased by Enterprise Rent-A-Car. The retailer aims to open this summer.
"We looked at different locations and possibilities across central Arkansas but felt that this Sherwood location was the best fit for 4 Wheel Parts based on its previous use as a rental car company, high traffic counts and visibility," Mason Lewis, a brokerage associate at Colliers, said.
Founded in 1961, 4 Wheel Parts grew from a one-person operation to the nation's largest distributor of off-road parts and accessories. The company has 64 stores and five distribution centers across the country.