interested in gas station investment

**nick_bhatt** · 11-06-2007, 04:08 PM

i am a currunt gas station operator and i am leasing my property, i guess not the time has come where i want to buy the proprty, one thing i don't understand that every commercial real estate article or book i read they always write about the apartment complex , retail strip centre or industrial buildings but i have never read anything about the gas station investment.
any kind of suggestion would help. Thanks.

**JonathanLIVE** · 11-12-2007, 02:52 PM

Find another gas station owner.. be nice.. become his friend.. go out for drink.. and find out all you want to know.

All the info out there is for the most popular industries to market to the masses. It is best to get your gas property expertise from a gas property owner.

I know this doesn't answer your question.. I doubt anybody here can.. but it might lead you in the right direction.

Jonathan

**nick_bhatt** · 11-13-2007, 05:24 AM

Thanks Jon i appreciate your reply.

**Greg** · 11-13-2007, 07:18 AM

Make sure you have the contract to purchase contingent on an environmental assessment. You don't want to buy a leaking underground storage tank and the environmental nightmare that goes with it.

It will cost you some money to have the property checked to see if it is contaminated but that would be cheaper than having to pay to fix a leaky tank and clean the gas from the ground after you buy it.

**nick_bhatt** · 11-13-2007, 07:37 AM

Thanks Greg,
from what i understand looking at LOOPNET.COM is if you strictly want to invest in commercial propery and manage it than you get 7.5 or 8.0 % cap rate
i think it's better investment than let your money seat in the bank and make 4.0 or 4.5% interest on it but what do you think is going to happen when the federal rate will go up in future to 6.0 or 7.0 % than why would somebody want to invest in commercial property for 7.5 or 8.0 % return.
does it real mean that if the interest rate go up than the commercial property wan't appreciate like it's doing in recent years
Thanks.

**Rich_in_CT** · 11-19-2007, 08:21 AM

Try this person for financing:

Do you want to buy a gas station? We offer loans from $100,000 to $1 million, with long terms and flexible underwriting for both owner occupied & investors. Visit http://www.profunders.com/gas-station-financing for more info (Principals only).