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CHICAGO -- Sunoco Inc. retained NRC Realty Advisors LLC (NRC) to coordinate the sale of approximately 48 retail outlets in the Southeast market.
The stores, 44 fee and four leased, are primarily located in the Ft. Lauderdale, Jacksonville, Orlando and Tampa, Fla. areas, with a few located in Georgia, Tennessee, and North and South Carolina. A majority of the outlets include convenience stores. The stores will be sold through a sealed bid due on June 25.
The locations are being offered with the intention that Sunoco will continue to supply gasoline through long-term supply agreements with Sunoco distributors. "As we continue to grow the Sunoco brand, we are working to ensure that the existing sites in our chain are matched with the optimal channel of distribution," said Robert W Owens, senior vice president of marketing.
NRC recently sold 78 Sunoco sites in the Midwest.
"Based on the success of Sunoco’s Midwest sale, we expect these sites will have significant appeal to buyers interested in these markets," said Hope Mineo, NRC managing director. "These are quality sites with good merchandise and gasoline sales."
Interested buyers may visit the NRC Web site at www.nrc.com or call NRC for information at 800-747-3342.