Tuesday, January 7, 2014
Twelve Convenience Stores With Gas For Sale in Texas
SDI Petroleum looks for buyers in sealed-bid auction.
Source: Convenience Store DecisionsBy CSD Staff
NRC Realty & Capital Advisors LLC (NRC) is coordinating the sale of 12 operating convenience stores with gas in Texas for SDI Petroleum LLC of Houston, Texas.
The convenience stores are located in Alamo, Brownsville (2), Donna, Edinburg, Laredo (6) & Pharr, Texas on high-traffic corners. Building sizes for the convenience stores range from 1,090 to 4,000 square feet, with sites ranging from 13,000 square feet to 1.4 acres. Seven sites are being sold with real estate, while five sites will be offered as a leasehold interest. Sites may be sold with or without fuel supply. Sites will be sold without convenience store brand, but will retain the Shell fuel brand.
"This sale offers some great opportunities for qualified operators," said Dennis Ruben, NRC's executive managing director. "Anyone operating or interested in this market should take a serious look at these sites."
The sale is being conducted using NRC's well-known "buy one, some or all" sealed bid sale process. A complete list of the properties and information regarding submitting offers is available online at www.nrc.com/1311. Interested parties can register online for sale updates or by calling the NRC Customer Service Center at (800) 747-3342, extension 1311. Site-specific Property Specific Packages (due diligence packages) are available for download online, with a bid deadline scheduled for Feb. 20, 2014.