7-Eleven stores across nation put up for sale


500px-7-eleven-brand.svgDespite 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.