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CHICAGO -- NRC Realty Advisors is coordinating the sale of 13 convenience stores with gasoline in the Little Rock and Pine Bluff metro areas of Arkansas.
Eleven of the sites are being sold with real estate and the remaining two are leased sites. All were closed in August of this year. Most of the sites were formerly branded Shell and will be sold without fuel supply agreements. Stores range in size from 1,400 to 3,850 square feet and are located on sites that range from 1/4 to 4 acres.
"These sites are attractive to a variety of buyers," said Hope Mineo, managing director of NRC. "From a jobber looking for incremental volume growth to seasoned dealers, these locations offer a distinct opportunity to those looking to expand their current network."
The locations will be sold through a sealed bid sale in a "buy one, some or all" format with bids due on Tuesday, Dec. 6, 2005. A complete site list is available online at www.nrc.com/524, or by calling the NRC Customer Service Center at (800) 747-3342, ext. 524.
NRC has prepared a color sales brochure and individual property specific packages for each property, which contain store level information and bidding terms of sale. Packets are $35 for a hard copy and $25 for a CD-ROM.