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Tuesday, July 25, 2017

4 Pennsylvania C-Stores Up for Sale
South-central locations being sold without fuel supply, c-store branding

Source: CSP Daily News

GREENCASTLE, Pa. -- Four convenience stores with gasoline in Greencastle, Carlisle, Hummelstown and Mechanicsburg in south-central Pennsylvania are up for sale by an undisclosed seller.

NRC Realty & Capital Advisors LLC is coordinating the sale for the Keystone State-based small, multiunit convenience retailer and branded fuel jobber.

Lot sizes range from 23,000 square feet to 2.6 acres, while store sizes range from approximately 1,196 square feet to 3,250 square feet. All of the properties offered are fee-owned.

The stores are being sold without fuel supply, although three are branded Gulf and one is branded Sunoco, and all are being sold without c-store branding.

NRC will sell the properties using its “buy one, some or all” sealed-bid sale process. Information regarding submitting offers is available online at www.nrc.com/1714. Property-specific packages (PSPs) are available now, and the bid deadline is Aug. 22, 2017.

Chicago-based NRC provides an array of real-estate and financial advisory services to the convenience-store and petroleum industries and specializes in the accelerated sale of commercial real estate. It offers portfolio evaluation and analysis; refinancing, recapitalization and sale-leaseback financing options; and merger and acquisition advisory services. Since 1989, NRC has sold more than 15,000 properties. Clients include Sunoco, 7-Eleven, BP North America, Circle K, Global Partners and RaceTrac.