Despite an ongoing battle reported by Historic City News to build a new 7-Eleven store on San Marco Avenue across the street from Davenport Park, in Texas today, the company announced that they have retained NRC Realty & Capital Advisors LLC to coordinate the sale of 75 gasoline stations and convenience stores.
This includes 31 locations in Florida, 14 in Virginia, six in Massachusetts and Illinois, three in Texas, two in New York, Delaware, New Jersey and Utah and one each in Arizona, Connecticut, Indiana, Maryland, Michigan, Pennsylvania and Vermont.
None of the Florida locations are in St Johns County.
1117 E Semoran Boulevard Apopka 32703 Fee 7811 W Sample Road Coral Springs 33065 Fee 1628 S Atlantic Avenue Daytona Beach 32118 Lease 2222 S Atlantic Avenue Daytona Beach 32118 Fee 101 S Ridgewood Avenue Edgewater 32132 Lease 1637 E Sunrise Boulevard Fort Lauderdale 33304 Fee 2656 E Oakland Park Boulevard Fort Lauderdale 33306 Fee 1802 Victoria Avenue Fort Myers 33901 Fee 4843 Palm Beach Boulevard Fort Myers 33905 Fee 18421 67th Avenue Hialeah 33015 Lease 23434 FL-54 Lutz 33559 Fee 4777 W Flagler Street Miami 33134 Lease 10520 SW 8th Street Miami 33174 Lease 11980 SW 8th Street Miami 33184 Lease 6350 Pembroke Road Miramar 33023 Fee 3600 N Tamiami Trail Naples 34103 Fee 9039 Ridge Road New Port Richey 34654 Fee 6326 Beau Drive North Fort Myers 33903 Lease 916 Pondella Road North Fort Myers 33903 Fee 924 N US-1 North Palm Beach 33408 Fee 10007 US-19 Port Richey 34668 Lease 101 S Oregon Avenue Sanford 32771 Lease 6104 S Tamiami Trail Sarasota 34231 Lease 1700 N Washington Boulevard Sarasota 34234 Fee 1271 Pasadena Avenue S South Pasadena 33707 Lease 3001 34th Street St Petersburg 33713 Lease 2223 SE Ocean Boulevard Stuart 34996 Lease 753 E Fowler Avenue Tampa 33612 Lease 11211 N Dale Mabry Highway Tampa 33618 Fee 1500 Garden Street Titusville 32796 Fee 2200 S Tamiami Trail Venice 34293 Fee
In announcing the sale, Robbie Radant, 7-Eleven vice president of mergers and acquisitions, said, “There are many nice sites in this package that simply do not fit 7-Eleven’s current business model. All of these stores have solid merchandise sales and should provide good opportunities for the right buyers.”
Lot sizes range from approximately 5,300 square feet to 1.3 acres, while store sizes range from 1,870 square feet to 4,740 square feet. 37 of the sites being offered are fee-owned properties, and the remaining 38 are leaseholds. All sites are being sold without 7-Eleven branding. Most sites that sell fuel are offered for sale with fuel supply, which would be provided by SEI Fuels, Inc., a 7-Eleven subsidiary.
“These properties are located in major metropolitan areas in many of these states and other prime markets,” said Dennis Ruben, executive managing director of NRC. “This sale provides another great opportunity for others already operating in these markets as well as for those looking to enter them.”
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.
Interested parties can register online for sale updates or by calling the NRC Customer Service Center at 800-747-3342, extension 1408.
Property Specific Packages (PSP) are expected to be available in late June, with a bid deadline of July 29, 2014.