Open & Shut: 11-29-2010

A roundup of recent station and store openings, closings and more nationwide

Published in CSP Daily News

Indiana

The Oppenheim Group is selling the nonbranded Crawfordsville Travel Plaza in Crawfordsville: Approximately eight acres; 5,000-sq.-ft. c-store/trucker store/restaurant; built in 1976.

Kansas

The Oppenheim Group is selling the Shell-branded On The Go Travel Center in Edwardsville: Four acres (additional 2.3 available); 7,500-sq.-ft. retail building; full-line c-store; completed in June 2007; high traffic volume; food court.

Kentucky

A Thorntons is scheduled to open in Louisville on December 16, the company said.

Louisiana

A Pointe-aux-Chenes gas station and community store is open again after being closed for about two years, said Houma Today. The Cajun Corner Stop & CC's Grill, formerly H's Corner Stop & La Pointes PoBoys, is under the management of Chantel and Jamie Ellender. The store was founded by H.L. Hawthorne about 25 years ago, but had incurred storm damage and closed. The Ellenders bought the property at a sheriff's sale this year. Since then, the new owners have put about $100,000 into renovations to reopen the store, including the adjoining restaurant, which will serve burgers, po-boys, pizza, kids' meals and salads.

The Oppenheim Group is selling the nonbranded Bayou Belle Truck Stop/Casino Convenience Store & Restaurant in Henderson: Six acres; 8,724-sq.-ft. retail building; 3,427-sq.-ft. c-store/trucker lounge; 3,095-sq.-ft. video poker casino; 2,202-sq.-ft. restaurant area; 166,422-sq.-ft. concrete parking; completed in 2002; video gaming equipment and gaming and establishment licenses to be conveyed with sale.

Maine

The Ugly Moose c-store closed down on October 15, reported The Sun Journal. Owner Gary Smith cited the stagnant economy and other business priorities for the closure.

Maine

A Valero station in Kennebunkport was auctioned in early November, The Kennebunkport Post said. Tom Saturley, president of Tranzon Properties, served as auctioneer and opened the bidding at $500,000. Seller and mortgage lender Saco & Biddeford Savings Institution bid $550,000 on the property after registered bidders refused to go higher than $250,000. With no counter bids, the property was sold back to the seller. The property, which the bank foreclosed upon, was assessed at $487,800. The location includes a 3,785-sq.-ft. building, nearly half an acre, four gasoline dispensers, eight fueling positions and private water and sewer. Saco & Biddeford Savings will list the property for regular sale.

Maryland

A new gas station was set to open in early November on a lot vacant for four years before Aldo Carbonara and his partner bought the property. After renovations are completed, Carbonara said he expects to open a Liberty station there, said The North Potomac-Darnestown Patch.

Massachusetts

On November 18, 7-Eleven had a grand opening celebration for a new store--formerly a White Hen Pantry--in Swampscott, 7-Eleven New England Celebrations said on Facebook.

Michigan

In late October, under the VG banner, Spartan Stores opened its 25th fuel center, located in Fenton. The 1,100-sq.ft. prototype has been updated inside, and under the canopy there will be the usual four blender dispensers, including one with diesel.

A new 7-Eleven store in Livonia will hold a grand opening celebration December 2, said The Livonia Observer.

Ann Arbor's first 7-Eleven convenience store, a ,500 sq.-ft. building is projected to open December 30, Margaret Chabris, 7-Eleven spokesperson, told The Ann Arbor News. 7-Eleven real estate manager Chris Benne said the store will include an upper-level seating area, with an extension of retail space.

Keywords: 
new store, M&A