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Wednesday, March 16, 2016

Thomaston Land Co. Selling Four C-Stores In Maryland and Pennsylvania

Source: Convenience Store Decisions
By CSD Staff

NRCThe bid deadline for the sales being coordinated by NRC is May 3, 2016.

The sales of four convenience stores with gasoline and one quick service restaurant (QSR) in Johnstown, Pa. and La Vale, Md. are now being coordinated. The lots and stores are of varying sizes, but all of the properties offered are free-owned.

Thomaston Land Co. of Washington, Pa. has retained NRC Realty & Capital Advisors LLC to coordinate the sale.

Lot sizes range from 16,400 square feet to 1.25 acres, while store sizes range from approximately 1,280 square feet to 1,580 square feet. Gas station sites are being sold with or without fuel supply, but will be sold with the BP fuel brand and all c-stores are being sold without convenience store branding.

The properties will be sold 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/1603. Interested parties can register online for sale updates or by calling the NRC Customer Service Center at (800)747-3342, extension 1603.

Property Specific Packages are expected to be available in late-March, with a bid deadline of May 3, 2016.