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Friday, May 20, 2016

Arizona C-stores Come to Market
Sites being sold without fuel supply

Source: Convenience Store News

MESA Ariz. — Two area convenience stores with gas have been given for-sale signs

According to NRC Realty & Capital Advisors LLC, the properties are located on a heavily trafficked arterial street in Mesa and are being sold without fuel supply or gas brand.

The Chicago firm has been retained by a lender to coordinate the sale.

The store located at Broadway and Val Vista is 4,383 square feet on a 1.15-acre site which includes a car wash. The second store at Broadway and Gilbert is 2,470 square feet on a 20,700-square-foot site.

"These are attractive stores," said 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."

The properties will be sold using NRC's sealed-bid sale process. Property Specific Packages are expected to be available in later this month, with a bid deadline of June 28.

To see a list of convenience stores for sale and gas stations for sale, click here.