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    BP to Sell Nine ARCO am/pm Sites in Vegas Market

    All sites feature large store areas, gasoline facilities.

    CHICAGO -- BP Products North America Inc. is selling nine branded ARCO am/pm stations in its Las Vegas market and a commercial development site on the Strip.

    Of the 10 sites, seven are located in Las Vegas (with two on the Strip) and three are located in the neighboring Arizona cities of Bullhead City, Kingman and Lake Havasu City. All sites have large convenience stores, which are being sold with 20-year am/pm franchises and fuel supply agreements from BP Products North America Inc.

    “These stations have great gas and merchandise sales,” said Hope Mineo, managing director of NRC Realty Advisors LLC, which is coordinating the sale. “Several are pumping over 300,000 gallons a month, and three sites have additional billboard income.”

    The locations will be sold through a sealed bid sale in a “buy one, some or all” format with bids due on Thurs., July 14. A complete list of sites and information on submitting bids is available online at www.nrc.com/506, or by calling the NRC Customer Service Center at 800-747-3342, extension 506.


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