7-ELEVEN HANGS FOR-SALE SIGNS ON 72 LOCATIONS
DALLAS — 7-Eleven Inc. is putting 72 convenience stores and/or gas stations on the sales block. The stores spread across nine states, with the majority in the retailer’s home state of Texas.
“There are some terrific properties in this package that simply don’t fit 7-Eleven’s business model,” said Robbie Radant, the retailer’s vice president of mergers and acquisitions. “All of these stores were part of the more than 1,000 sites we’ve acquired in the past three years and should provide great opportunities for the right buyers.”
Lot sizes range from approximately 8,000 square feet to 5.6 acres, while store sizes range from kiosks to 4,640 square feet. Fifty of the sites being offered are fee-owned properties, and the remaining 22 are leaseholds.
All the sites are being sold without 7-Eleven branding. Most of the locations are offered for sale with fuel supply, which would be provided by SEI Fuels Inc., a 7-Eleven subsidiary.
The properties will be sold using the “buy one, some or all” sealed-bid process. Property specific packages are expected to be available in mid- to late February, with a bid deadline of April 1.
The Sarasota County properties include;
6104 S Tamiami Trail
1700 N Washington Boulevard
2200 S Tamiami Trail
Contact Sean Dreznin at NAI Tampa Bay for more information.