NRC Realty & Capital Advisors LLC sets Feb. 20 bid deadline on 24 convenience stores for sale.
Global Partners LP is divesting 24 convenience stores in six states.
NRC Realty & Capital Advisors LLC (NRC), which is facilitating the sale, announced a Feb. 20 bid deadline for the properties.
The convenience stores for sale are located in New York (12 stores), Connecticut (five stores) Maryland (four stores), Massachusetts (two stores) and New Hampshire (one store).
“The New York stores are located in the Albany, Schenectady, Poughkeepsie and Germantown areas,” said Evan Gladstone, executive managing director of NRC. He continued, “Anyone with an interest in these stores or in the other markets should take a serious look at these stores.”
Lot sizes range from 10,000 square feet to 2.1 acres and buildings range from kiosks to 3,355 square feet. Twelve of the sites being offered are fee-owned properties and 12 are leaseholds. Sites are being sold with Global fuel supply agreements.
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/1807.
Interested parties can register online to view detailed information about the sites or by calling the NRC Customer Service Center at 800-747-3342, extension 1807. Due diligence packages on the sites (PSPs) are expected to be available shortly.