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.
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