Wednesday, March 2, 2016
NRC Realty & Capital Advisors To Sell Convenience Stores With Gas And Car Wash In Fond Du Lac, Wisconsin
CHICAGO, IL (March XX, 2015) – NRC Realty & Capital Advisors, LLC announced today that it has been retained by a specialty lender out of Boston, Massachusetts to coordinate the sale of a convenience store with gasoline and car wash in Fond du Lac, Wisconsin.
The property is located at 665 W Scott Street at the intersection of Prospect Avenue and Scott Street, less than two miles from the southern tip of Lake Winnebago. The lot is approximately 1.7 acres. The convenience store is approximately 4,180 square feet, with additional vacant quick-service restaurant and retail space of approximately 2,430 square feet. The property is owned in fee simple and is being sold without convenience store or fuel branding. The site is also being sold without a fuel supply agreement.
“This sale provides an excellent opportunity for operators currently in the markets and those looking to enter it,” said Evan Gladstone, Executive Managing Director of NRC. “Given the site is being sold without fuel supply agreement, it may be of particular interest to fuel distributors as well. And, given the large parcel size, this creates a unique opportunity for a real estate play as well.”
Details of the property and information regarding submitting offers is available online at www.nrc.com/1607. Interested parties can register online for sale updates or by calling the NRC Customer Service Center at 800-747-3342, extension 1607.
Due diligence materials are expected to be available in early-March, with a bid deadline of April 5, 2016.