Nano errors with Blink

With respect - I don't mean to be contradictory but there is no "Atmega328p (Old Bootloader)" option that shows as a Processor choice after Arduino Nano is chosen and the Nano is connected. I'm using Arduino version 1.8.5. Is it possible I need a different version?

From what I have read, the Old Bootloader option is available on the menu with earlier verions of the Nano (but I guess it could be related to the IDE version??). The Nano board was purchased from the Arduino store a couple of weeks ago. Is it possible that option is only available when it's detected? I expect that Johnrbryan has the same Nano that I have.

I've tried to attach a pic of what is showing on the Tools menu. This screenshot was taken without the Nano connected so the port is not showing as being highlighted but the options are the same regardless (I do show a connection on the port when connected and the Nano does light up). The options under the Tools|Processor menu only show ATMEGA328P or ATmega168.

Worth noting; the board manager has been updated.