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Iconic Mobil Gas Station on Sepulveda Blvd for Sale

Posted by on Apr 6, 2021 in Blog | Comments Off on Iconic Mobil Gas Station on Sepulveda Blvd for Sale The Mobil Gas Station on the corner of South Sepulveda and Santa Monica blvd in Los Angeles has been listed by Gas Station Brokers Petroleum Realty Group and local commercial Broker WestMac Commercial Brokerage Company . The Station has been a landmark for many years and features the very popular deli & grill called simply The Corner. I expect a great deal of interest in this...
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California Gas Prices on the rise

Posted by on Mar 1, 2021 in Blog | Comments Off on California Gas Prices on the rise In the last 30 days the policy effects of the peoples new administration has been very evident when you fill up your car at the Gas Station. Suddenly the pump is stopping at $90 (the preset limit) and you have not filled your tank. We are racing towards $4.00 a gallon and that SUV is looking less and less attractive. “PRG Tip” Try using reward cards such as those uses by...
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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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