Are gas stations a bad investment?

[Account Closed]

My dad made a significant amount of money buying and developing gas stations in the 90's. he's held all of them since, collecting rent checks each month, all are on a NNN lease.

He's wanting to buy more now and I personally don't think it's a great investment anymore, seeing as we're trending towards electric vehicles as more time goes on. 

While we'll still need gas for several more years, is it a good idea to invest in NNN gas stations if electric cars become more prominent as the years go on? Is my perspective on this matter wrong?

Note: We live in California and gas stations are selling at a premium right now, prices are CRAZY!!

[Peter Tverdov]

I think you need to step into reality. Gas powered vehicles are not going anywhere anytime soon.

Gas stations are a good investment if you have convenience stores on them and if they're off a major highway where a premium can be charged on the gasoline. Owning a gas station is a very hard business from what I understand. Most make 1-3 cents off each gallon of gas. Their money is made on the convenience store or autobody shop. Like everything in real estate, location is key.