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Wednesday, February 1, 2012

Seven PA C-Stores in Sealed Bid Sale Process

Source: Citybizlist Pittsburgh

Denver, CO-based Prima Marketing, LLC is selling 22 operating and closed c-stores plus four excess retail pad sites in West Virginia and nearby areas of Pennsylvania and Ohio. The sites are a mix of operating gas stations with c-stores, closed sites, and retail pad sites on corners.

The c-stores themselves are being sold without brand; however, 7-Eleven franchise opportunities may be available. Of the 26 parcels, 15 are fee properties while 11 are leased sites. Included are 16 operating stores, 5 closed stores, 1 subleased property, and 4 land-only pad sites.

The operating and closed properties are being sold either with or without fuel supply or for adaptive reuse.

The Pennsylvania properties are in Erie, Grove City, Indiana, Jeannette, Natrona Heights, and New Station.

The sale will be conducted by NRC Realty & Capital Advisors via bid sale process. The bid deadline is March 22, 2012. A complete list of the properties and information regarding submitting offers is available online at www.nrc.com/1115.