For further information please call NRC at 800.747.3342
Sale Information
SEALED BID OFFERING. BP Products North America Inc. ("BPPNA") is offering to sell forty-six (46) properties located in the states of Georgia, Florida, Illinois, Indiana, Ohio and Pennsylvania (hereinafter referred to as "East Coast Properties") and BP West Coast Products LLC ("BPWCP") is offering to sell eight (8) properties in the states of Arizona, California, Oregon and Washington (hereinafter referred to as "West Coast Properties") (and collectively the "Properties") by sealed bid sale. BPPNA and BPWCP (collectively "BP") have retained NRC Realty Advisors, LLC ("NRC") to coordinate the offering and sale of the Properties.
TERMS AND CONDITIONS OF SALE. The offering and sale of the Properties in this sealed bid sale are subject to the Terms and Conditions of Sealed Bid Sale (Terms of Sale) that may be found on the last pages of this brochure, on the NRC website at http://www.nrc.com/bp and in each Bid Package (described below). The Terms of Sale provide the specific conditions by which the sealed bid sale will be conducted. BIDDERS ARE ADVISED TO CAREFULLY REVIEW THE TERMS OF SALE; NON-COMPLIANCE MAY CAUSE A SEALED BID TO BE DISQUALIFIED FROM CONSIDERATION. Please note that a section of this brochure lists Commercial Properties that are Available in Other BP/NRC Sales. ("Other Commercial Properties"). These Other Commercial Properties are listed in the brochure for ease of reference for Commercial site bidders. The specific sale number and Offer Due Date for the Other Commercial Properties are provided. The Terms and Conditions of Sale for the site's specific sale number will apply to the sale of each of the Other Commercial Properties.
CONFIDENTIALITY AGREEMENT. Each prospective bidder is required to sign and return a Confidentiality Agreement and Acknowledgement of Disclaimer (Confidentiality Agreement) to NRC by mail, fax, or electronically via the sale's website. A Confidentiality Agreement has been included with this brochure and is additionally available for download on the NRC website at http://www.nrc.com/bp or by calling NRC.
AVAILABLE INFORMATION.
PSP INFORMATION. A Property Specific Package (PSP) for each Property is available from NRC that contains site specific due diligence information as described below and the Bid Package (Bid Package) for submitting a sealed bid for such Property. Each PSP is available in hard copy and CD-ROM format at a cost of $35 and $25, respectively, including second day shipping. Prior to receiving a PSP, each prospective bidder is required to deliver to NRC a fully completed and signed Franchisee Application and a signed Confidentiality Agreement. PSPs can be ordered by calling NRC at (800) 747-3342, ext. 801. PSPs will contain the following information, as available:
Environmental Reports
Title Report
Leases, as applicable
Tax Bills
Surveys
ALTA/ACSM Land Title Survey
Site Plans
Bid Package
Bidding Instructions
Purchase and Sale Agreement
Sealed Bid Envelope
PROPERTY INSPECTIONS. Properties with currently operating stations may be inspected during normal business hours from 8:30am to 5:00pm local time, Monday through Saturday. UNDER NO CIRCUMSTANCES MAY PROSPECTIVE BIDDERS ASK QUESTIONS OF STORE MANAGERS OR STORE EMPLOYEES. PROSPECTIVE BIDDERS VIOLATING THIS REQUIREMENT MAY BE DISQUALIFIED FROM BIDDING. The store managers and employees have been instructed to refer any questions from a bidder directly to NRC. All pre-bid inspections are limited to non-invasive investigation. Properties that are not currently operating may be inspected by appointment only. Please call NRC at (800) 747-3342, ext. 801 for further information.
BROKER COOPERATION - EAST COAST PROPERTIES ONLY. A cooperating commission of 2% will be paid to brokers who properly register with NRC as the cooperating broker for a buyer who closes on the purchase of an East Coast Commercial Property. Please see the Terms and Conditions for further information and requirements.
DISCLAIMER. Although information in this brochure has been obtained from sources deemed reliable, NRC, BP or any of their representatives, brokers or agents makes no guarantee as to its accuracy, and the Properties are offered without express or implied warranty of any kind. Any Property may be withdrawn from the sale at any time without notice.
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