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4507 Howard Road

Uday Singh Acquires Retail Gas Station From Karim Mehrabi For $1,500,000 In Westley
SOLDRetail

Uday Singh Acquires Retail Gas Station From Karim Mehrabi For $1,500,000 In Westley

4507 Howard Road

$1,500,000

$17/SF

Building Size

87,120 SF

Asset Type

Retail

Closing

Jun 5, 2026

AI

The asset involved in this transaction is a retail property located at 4507 Howard Road, Westley. The sale price for this property was $1,500,000, with a total square footage of 87,120, which equates to a price per square foot of $17.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $1,500,000
  • Address: 4507 Howard Road
  • Market: Westley
  • Buyer: Uday Singh
  • Seller: Karim Mehrabi
  • Seller's Representative: Omar Insignares - Petroleum Realty Group
  • Square Footage: 87,120
  • Price Per Square Foot: $17

Omar Insignares, the Senior Vice President at Petroleum Realty Group, represented the seller, Karim Mehrabi, in this transaction. He specializes in gas station sales and acquisitions, leveraging a deep understanding of the fuel retail and convenience store industries to effectively identify opportunities and deliver results for clients. Petroleum Realty Group is recognized for its dedication to maximizing value and preserving confidentiality in transactions.

Players

Omar Insignares

Petroleum Realty Group

Broker

$1.5M

vol

1 deal

Broker

Westley Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.58%

Cash-on-Cash

-3.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93