Knight Enterprises Auctioning Off 40 Gas Stations
CHICAGO --- Knight Enterprises Inc., operators of Midwest-based gas stations and other commercial properties, is looking to sell 35 convenience stores with 15-year fuel supply agreement as well as five shuttered gas stations with convenience store locations. In total, the company, which also serves as a petroleum distributor to more than 155 stores in Michigan, also put on the auction block a 71,000-square foot strip shopping center, 15 commercial lots in Albion, Mich., a 200-acre development in Grayling, Mich. and a closed restaurant.
NRC Realty Advisors will handle the sealed bid sale of the 56 properties located in Michigan, Ohio and Illinois. "These are exceptional properties in high-traffic areas," said Hope Mineo, managing director of NRC. "Knight's national reputation for c-store excellence makes these sites immediately appealing. We expect to generate strong buying interest throughout the entire Midwest, if not beyond."
All locations on auction will be sold in a sealed-bid sale in a "buy one, some or all" format. Bids are due Dec. 14. For guidelines or ordering information, contact NRC's Service Center at (800) 747-3342 Ext. 614.
Knight is also an E85 distributor that has been an important part of the introduction of that fuel to the Midwest.
NRC Realty Advisors will handle the sealed bid sale of the 56 properties located in Michigan, Ohio and Illinois. "These are exceptional properties in high-traffic areas," said Hope Mineo, managing director of NRC. "Knight's national reputation for c-store excellence makes these sites immediately appealing. We expect to generate strong buying interest throughout the entire Midwest, if not beyond."
All locations on auction will be sold in a sealed-bid sale in a "buy one, some or all" format. Bids are due Dec. 14. For guidelines or ordering information, contact NRC's Service Center at (800) 747-3342 Ext. 614.
Knight is also an E85 distributor that has been an important part of the introduction of that fuel to the Midwest.