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Unbranded Gas Station for Sale , Santa Barbara CA

Posted by on Feb 8, 2021 in Blog | Comments Off on Unbranded Gas Station for Sale , Santa Barbara CA Petroleum Realty Group Inc. have listed 1502 San Andres Street in Santa Barbara for $2m. This unbranded facility is a rare opportunity to acquire land and improvements in an area of Santa Barbara called the Westside. Timothy Haves the President of Petroleum Realty Group Inc. quoted ‘There has been a gas station serving the community of Santa Barbara on this corner since 1927, I am pleased...
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How will Green politics effect my Gas Station

Posted by on Feb 2, 2021 in Blog | Comments Off on How will Green politics effect my Gas Station   Earlier last month the Energy Information Agency reported that the US will now return to importing more crude and petroleum than it will export. This was huge news, as the agency had just reported the US did not import any Saudi Arabia crude  for the first time in 35 years ……As America became less reliant on OPEC the prices at the pumps decreased in 2020 but margins remained...
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Should I sell my Gas Station

Posted by on Oct 26, 2020 in Blog | Comments Off on Should I sell my Gas Station The quick answer is YES and here’s the reason why. The demand for Gas Stations has reached an all-time high. With little supply, we are seeing sales way above the normal multiples. Most of the buyers are betting on the value of the real estate increasing in the future so it’s a long-term play. We are not seeing as many loans as part of these transactions so much of what is trading is...
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Petroleum Realty Group sell iconic gas station in Brentwood

Posted by on Oct 14, 2020 in Blog | Comments Off on Petroleum Realty Group sell iconic gas station in Brentwood Despite these difficult times Petroleum Realty Group with Partners Westmac commercial brokerage recently sold 11699 San Vicente Los Angeles an iconic station in the heart of Brentwood close to the listing price of $8m. There is a huge demand for Gas Stations at the moment so if you are thinking of selling give us a call on 949-636-3961 an expert will be able to give you an idea of your...
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How will the Governors ban on gas car sales by 2035 effect my business

Posted by on Oct 13, 2020 in Blog | Comments Off on How will the Governors ban on gas car sales by 2035 effect my business I am telling all my clients not to panic. It’s business as usual . Let us set aside that this is a politically motivated illegal executive order for a moment and consider that clearly California can not meet current power needs and will not be able to provide power en masse to millions of electric cars unless the grid is subsatmtailly upgraded. Just so we understand the full extent of the...
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