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Sale 1913

Eastern Iowa Acquisition Opportunity

Eight Convenience Stores (Seller prefers to sell as a package)
Large Travel Plaza including McDonald's and Subway
Tobacco Outlet Store
2 Parcels of Development Land

Offers Due December 10, 2019

Site 19131, Plus Tobacco Shop and Development Parcel, 8-Unit C-Store Package, Eastern Iowaunder contract×
Site 19131, Plus Tobacco Shop and Development Parcel, 8-Unit C-Store Package, Eastern Iowaunder contract×
Site 19131, Plus Tobacco Shop and Development Parcel, 8-Unit C-Store Package, Eastern Iowaunder contract×
Site 19131, Plus Tobacco Shop and Development Parcel, 8-Unit C-Store Package, Eastern Iowa
Property 1 of 2
Bid Deadline
December 10, 2019
Offering Summary
Eight convenience stores with gas (sold as one package or indivudually), one tobacco outlet store and one development site in eastern Iowa. All properties are owned in Fee.
C-Store Site List
• Site No. 1 - 1581 1st Avenue, Cedar Rapids, IA
• Site No. 2 - 250 16th Avenue, Cedar Rapids, IA
• Site No. 3 - 1010 E Post Road, Marion, IA
• Site No. 4 - 975 Robins Road, Hiawatha, IA
• Site No. 6 - 1120 Old Marion Road, Cedar Rapids, IA
• Site No. 8 - 2875 Commerce Drive, Iowa City, IA
• Site No. 9 - 4830 Johnson Avenue, Cedar Rapids, IA
• Site No. 10 - 2330 Wiley Boulevard, Cedar Rapids, IA
Consolidated Financial Summary - Convenience Stores with Gas (TTM Aug 2019)
Number of Stores8
Average Lot Size (ac)0.81
Average Store Size (sf)2,451
Development Parcel / Additional Assets
• 10.01 acres in Williamsburg, Iowa. Site located at an on/off ramp for I-80 (optional purchase).

• Currently-operating Tobacco Outlet in Marion, IA (optional purchase).
Bidding Procedures and the Virtual Deal Room (VDR)
NRC, on behalf of the Seller, is seeking definitive offers for all or some of the Convenience Stores with Gas, as well as any combination of the Tobacco Outlet, and/or the Development Parcel, in accordance with the bid process described in the Confidential Information Memorandum (CIM). Offers are due to NRC no later than 5:00 p.m. Mountain Standard Time on Tuesday, December 10, 2019. Upon approval by the Seller of a prospective purchaser’s proposed offer, purchaser will be given access to the Virtual Deal Room (VDR) through e-mail invitation from NRC. The VDR will contain a copy of the CIM, together with various due diligence documents, including, but not limited to, historical store-level income statements, fuel supply agreements, environmental information and reports, title insurance commitments and documentation, surveys, permits and licenses, tax information, and certain other information.

In order to obtain a copy of the CIM, you must first sign the Confidentiality Agreement, which can be acce
Broker Information
NRC Realty & Capital of IA, LLC. Lic. #F05777000.

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