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Thursday, May 19, 2016

Two C-Stores with Fuel in Arizona Available for Sale

Source: Convenience Store Decisions
By CSD Staff

Two attractive convenience stores and their properties are being offered for sealed bid sale through NRC.

One lender has retained NRC Realty & Capital Advisors LLC to arrange the sale of two convenience stores with fuel in Mesa, Ariz.

The properties are located on Broadway, a heavily trafficked arterial street in Mesa, Ariz. and are being sold without fuel supply or gas brand. The store located at Broadway and Val Vista is 4,383 square feet on a 1.15-acre site which includes a car wash, and the store at Broadway and Gilbert is 2,470 square feet on a 20,700 square foot site.

“These are attractive stores,” according to Evan Gladstone, NRC’s executive managing director. “They should be a good fit for smaller operators or jobbers, and we expect strong interest from the market,” Gladstone said.

The properties will be sold using NRC’s well-known sealed-bid sale process. Information regarding the stores is available online at www.nrc.com/1611. Interested parties can register online or by calling the NRC Customer Service Center at 800-747-3342, extension 1611. Property Specific Packages (PSP) are expected to be available in late-May, with a bid deadline of June 28, 2016.