Katy, Texas — According to state and local economic development sources Off Lease Only plans to invest $10,000,000.00 to build out 21,258 square feet of new space in Katy. The company plans to occupy the new space at 0 Grand Parkway in Katy, on or about October 1, 2022. According to the company website Off Lease Only began with a vision to provide a unique and transparent used car buying experience that was unlike any other dealer. Our Founders started with just two cars and their life savings, and grew their business into the largest volume used car dealer in Florida. This happened for two reasons caring about every customer before, during and after the sale, and saving customers thousands of dollars on their pre-owned purchase. Since joining the Cerberus family of companies, Off Lease Only is now positioned to serve more customers and expand its reach in automotive retail. Phase 1 of our new growth initiative will be the launch of a brand-new superstore in the great city of Bradenton, Florida. It will open in the Spring of 2021 and will have a 1000+ vehicle capacity. But that’s just the start! Every year, Off Lease Only sells and ships tens of thousands of cars all over the country. We are the disruptor in the car industry because we offer a completely transparent experience for our customers, as they choose from a massive selection of late model vehicles, at prices that our competitors simply cannot match. And together with Cerberus, we will be bringing our signature five-star experience to a much wider audience in the very near future. The future at Off Lease Only, it is very bright indeed.

To learn more about Off Lease Only, visit http://www.offleaseonly.com/

Company Contact:
Alan McLaren, Chief Operating Officer
https://www.linkedin.com/in/alan-mclaren/
561-222-2277

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