Press Releases
2 HIGH PROFILE SAN LUIS OBISPO GASOLINE STATIONS TO BE SOLD
CHICAGO, IL July 19, 2006 – NRC Realty Advisors (NRC) announced today that it has been retained by San Luis Obispo
business leaders Deron and Kimberly Brewer to coordinate and execute a sealed bid sale of 2 San Luis Obispo properties.
The sale portfolio consists of a Chevron-branded gasoline station with convenience store, and a Shell-branded gasoline
station with a deli, convenience store, and car wash.
"These are exceptional properties in high-traffic areas," said Hope Mineo, Managing Director of NRC. "We expect to
generate strong buying interest throughout the region."
The Chevron station is fully-updated and includes a large convenience store. It has serviced the San Luis Obispo community for over 43 years,
and is a popular stop for traffic from nearby Highway 101 ("the 101"). The brand new (January ’06) Shell station opened earlier this year to much
public fanfare. Its massive 4,440 square foot interior includes a deli with on-site chef, whose culinary creations have caught the attention of
regional food critics. In addition, a wireless Internet café and an espresso bar with dedicated baristas round out the property’s amenities.
NRC is offering both an all-inclusive sales brochure as well as individual property specific packages (PSP’s). The free brochure provides
overviews of the property listings, including location and sales volume. The $35 PSP’s ($25 CD-ROM versions available upon request) contain
site-specific bid packages and detailed due diligence information. Bids are due August 24, 2006.
For bid submission guidelines, or to order brochures and PSPs, contact the NRC Customer Service Center at 800.747.3342, extension 613, or visit www.nrc.com/613.
NRC Realty Advisors specializes in the accelerated sale of commercial real estate. With a concentration in the convenience story industry,
NRC provides comprehensive real estate and financial advisory services. Since 1989, NRC has sold more than 10,000 properties, including 1,600
in the last 3 years that generated over $500 million in proceeds. Clients include globally-recognized market leaders in a variety of industries,
including petroleum (BP, Shell, Sunoco), convenience stores (White Hen Pantry), financial institutions (GE Capital, Bank One, Wachovia), retail (Kmart),
and closely-held distributors and independent retailers. For more information, visit www.nrc.com.
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