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The Laker/Lutz News

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7-Eleven Inc.

Lutz 7-Eleven sells to Brandon investor

December 10, 2014 By Michael Hinman

Drivers on State Road 54 going by 7-Eleven on Livingston Road may have noticed the 7-Eleven signs are gone.

The corporate parent of the convenience store chain, 7-Eleven Inc. — through its Southland Corp. affiliate — sold the 27-year-old store late last month to Sailfish Real Estate LLC of Brandon. The owner of that company, William McKnight, owns several convenience stores around the region, primarily using Circle K branding.

McKnight owns the much larger Automated Petroleum and Energy Co., which purchases and leases convenience store locations all over the state. The company requires entrepreneurs looking to lease to attend a mandatory 12-day training class, according to the company’s website.

It’s not clear how McKnight will handle the new location, except that it will no longer be a 7-Eleven. McKnight has yet to return a request for comment from late Wednesday morning.

The sale by 7-Eleven was part of a national effort to cut ties with 75 7-Eleven stores.

“There are many nice sites in this package that simply do not fit 7-Eleven’s current business model,” company vice president Robbie Radant said in a release last May. “All of these stores have solid merchandise sales, and should provide good opportunities for the right buyers.”

The store and land sold for $750,000, compared to the $225,000 Southland paid for vacant land back in 1986. Back then, State Road 54 was just two lanes, and far less competition was nearby. Now, however, a RaceTrac is located on just the other side of Livingston.

7-Eleven selling Lutz location, 74 others

May 28, 2014 By Special to The Laker/Lutz News

Competition from a new RaceTrac location just next door may have sealed the fate of a long-time service station in Pasco Lutz. (Photo by Michael Hinman)
Competition from a new RaceTrac location just next door may have sealed the fate of a long-time service station in Pasco Lutz. (Photo by Michael Hinman)

The 7-Eleven store at 23434 State Road 54 in Lutz, is one of 75 stations across the country 7-Eleven Inc. is putting up for sale.

Robbie Radant, a vice president with the company, said 7-Eleven is cutting loose stores like the Lutz one not because it’s underperforming, but because it no longer fits with its overall goals.

“There are many nice sites in this package that simple do not fit 7-Eleven’s current business model,” Radant said in a release. “All of these stores have solid merchandise sales, and should provide good opportunities for the right buyers.”

However, it’s likely that last year’s opening of a competing RaceTrac just next door may have played a role in why the 7-Eleven is hitting the market, after decades of minimal competition on its stretch of State Road 54.

7-Eleven is looking to part ways with 31 stores in Florida, along with 14 in Virginia, six in Massachusetts and Illinois, three in Texas and two in New York, Delaware, New Jersey and Utah. The company is selling single stores in Arizona, Connecticut, Indiana, Maryland, Michigan, Pennsylvania and Vermont.

The Lutz site will not include the 7-Eleven branding, but could include a fuel contract with SEI Fuels Inc., a subsidiary of 7-Eleven, the company said.

7-Eleven has brought in NRC Realty & Capital Advisors of Chicago to conduct the sale, which will accept sealed bids from groups looking to buy single or multiple locations. The bid deadline is July 29.

The Lutz 7-Eleven opened in 1987 with a 3,100-square-foot store along State Road 54 when it was still a two-lane road. It includes a 10-year fuel contract.

For information on the sale, visit NRC.com/1408, or call (800) 747-3342, ext. 1408.

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08/15/2022 – Animal Services temporary closure

Pasco County Animal Services, 19640 Dogpatch Lane in Land O' Lakes, will close to the public on Aug. 15 through Aug. 17. The PCAS team members will be training on a new pet management software, to better serve customers. Offices will re-open for regular business hours on Aug. 18. … [Read More...] about 08/15/2022 – Animal Services temporary closure

08/16/2022 to 08/18/2022 – National Rarities buying event

Kiefer Fine Jewelers will host an exclusive buying event with National Rarities from Aug. 16 to Aug. 18, at both Kiefer locations: 37850 Meridian Ave., in Dade City (Tuesday and Wednesday, 10 a.m. to 6 p.m.; Thursday, 10 a.m. to 5:30 p.m.), and 24144 State Road 54 in Lutz (Tuesday and Wednesday, 10 a.m. to 6:30 p.m.; Thursday, 10 a.m. to 5:30 p.m.). Top dollar is expected to be offered for fine jewelry, coins and currency, scrap gold and silver, fine art, diamonds, sterling silver, watches, and antique toys and advertising. This event serves those looking for a professional evaluation of their items in a convenient setting. Estate specialists will share information about the items and help the seller to consider options. Payment is on the spot should the customer decide to sell, plus a 20% bonus if taken as store credit. The event also will feature an Estate Jewelry Trunk Show, presenting one-of-a-kind pieces. For information, call Dade City store at 352-567-2378, or Lutz at … [Read More...] about 08/16/2022 to 08/18/2022 – National Rarities buying event

08/17/2022 – Bat seminar

The Starkey Ranch Theatre Library Cultural Center, 12118 Lake Blanche Drive in Odessa, will present a master gardener seminar on bats on Aug. 17 at 11 a.m. Topics will include why bats are threatened and misunderstood. Masks are recommended. Registration is required online at PascoLibraries.org. … [Read More...] about 08/17/2022 – Bat seminar

08/17/2022 – Guardian ad litem sessions

Anyone interested in volunteering for abused, neglected or abandoned children in the Pasco County foster care system can attend one of these upcoming sessions for the Guardian ad Litem program: • The New River Library, 34043 State Road 54 in Wesley Chapel, will host a Volunteer Orientation on Aug. 17 at 1:30 p.m. Masks are encouraged. Register online at PascoLibraries.org. For information, call 813-788-6375. • The Starkey Ranch Theatre Library Cultural Center, 12118 Lake Blanche Drive in Odessa, will host an Information Session on Aug. 18 at 1:30 p.m. For information, call 727-834-3493, ext. 2929, or visit HeroToAChild.org. … [Read More...] about 08/17/2022 – Guardian ad litem sessions

08/18/2022 – ZooTampa Story Time

The Hillsborough County Public Library Cooperative will present “Story Time with ZooTampa: Senses in Nature” on Aug. 18 at 10 a.m., for ages 3 to 6, online. The program will use stories, action rhymes, songs and interactive activities to combine an animal experience with early literacy skills, to encourage reading readiness and social interaction. Register online through the calendar feature at HCPLC.org. … [Read More...] about 08/18/2022 – ZooTampa Story Time

08/18/2022 – ZooTampa story time

The Hillsborough County Public Library Cooperative will present “Story Time with ZooTampa: Senses in Nature” on Aug. 18 at 10 a.m., for ages 3 to 6, online. The program will use stories, action rhymes, songs and interactive activities to combine an animal experience with early literacy skills, to encourage reading readiness and social interaction. Register online through the calendar feature at HCPLC.org. … [Read More...] about 08/18/2022 – ZooTampa story time

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