Laval, Quebec Circle K, a subsidiary of Alimentation Couche-Tard., said Tuesday it is selling off 74 of its de-branded convenience stores and 13 commercial sites in the Midwest, Southeast and Southwest, according to a report in Convenience Store News.
The sale includes 60 operating properties, 22 closed stores and five are vacant sites. All of the c-stores with gasoline being sold have Shell or other branded fuel-supply agreements, according to NRC Realty Capital Advisors LLC, which is assisting the sale.
Most of the sites include real estate, according to NRC. Others are leasehold interests.
NRC is selling the sites under a "buy one, some or all" leased bid sale process. The bid deadline is Sept. 29.