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7-Eleven puts ‘for sale’ sign on 18 NJ locations

Kimberly Redmond//October 6, 2022//

7-Eleven puts ‘for sale’ sign on 18 NJ locations

Kimberly Redmond//October 6, 2022//

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7-Eleven Inc. is looking to sell more than 70 of its convenience stores and gas stations across the U.S., including 18 locations in New Jersey.

The Dallas, Texas-based multinational chain of retail convenience stores recently tapped NRC Realty & Capital Advisors LLC to coordinate the sale or sublease of 73 properties.

Bids are due Nov. 1. The locations will be sold through a “buy one, some or all” process and without convenience store branding, according to NRC. 

Of the more than 13,000 stores 7-Eleven operates, franchises or licenses in North America, about 370 of those are located in the Garden State. 

In May 2021, the company acquired Speedway for $21 billion and now operates and franchises the nationwide convenience and gas chain. Within New Jersey, there are 66 Speedway locations.

According to NRC, the New Jersey locations up for sale are:

7-Eleven
7-ELEVEN
  • Speedway, 1215 Saint Georges Ave., Colonia
  • 7-Eleven, 302 Park Ave., Scotch Plains
  • 7-Eleven, 869 Broad St., Newark
  • 7-Eleven, 131 Market St., Newark
  • 7-Eleven, 2 Ferry St., Newark
  • 7-Eleven, 1284 Route 23, Butler
  • Speedway, 121 Broadway, Elmwood Park
  • 7-Eleven, 2145 Route 35, Holmdel
  • Speedway, 317 Main St., Hackettstown
  • 7-Eleven, 42 County Road 517, Hackettstown
  • Speedway, 323 Route 31, Washington
  • 7-Eleven, 886 W. Bay Ave., Barnegat
  • 7-Eleven, 310 Chester Ave., Moorestown
  • 7-Eleven, 18 Haines Mill Road, Delran
  • Speedway, 6807 S. Crescent Blvd., Pennsauken
  • Speedway, 511 Route 33, Mercerville
  • Speedway, 1879 Hooper Ave., Toms River
  • Speedway, 10 Route 31, Flemington