CHICAGO, IL – February 15, 2006 - NRC Realty Advisors, LLC (NRC) announced today that it has been retained by BP West Coast Products LLC to
coordinate the sale of a 20,000 sf site located at Desert Inn Road and McLeod Drive, approximately three miles east of the Las Vegas Strip.
The site is being offered as a commercial redevelopment property with a 25-year deed restriction prohibiting the construction or operation of
a convenience food store or a facility selling motor fuel. The property will be sold through a sealed bid sale with bids due on Tuesday,
March 28, 2006. Details on the site 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, ext. 506.
NRC has prepared a color sales brochure and a Property Specific Package (PSP) for the site, which contains due diligence information related
to the site and bidding terms of sale. The PSP is available at $35 for a hard copy and $25 for a CD-ROM. To order, please contact the NRC Customer
Service Center at 800.747.3342, ext. 506, or order online at www.nrc.com/506.
NRC Realty Advisors, LLC, specializes in the accelerated sale of petroleum industry property and commercial real estate throughout the U.S.,
Mexico and Canada, and has sold over 10,000 properties since its inception in 1989 Since 2003, NRC has coordinated the sale of more than
1,600 sites aggregating over $560 million in sales. Clients include major oil companies, such as Sunoco, Inc., BP Products North America Inc.
and Shell Oil Company; well-known convenience store chains and leading franchise and commercial lenders, including GE Capital Franchise Finance
Corporation, Bank One Corporation and Wachovia Corp, other retailers including K Mart; and independent retailers and distributors throughout
the country.