NGKF Sells Popular Gas Station-Convenience Store Investment Property

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Newmark logoArgyris Enterprises LLC & JoAnn Argyris sold 4,600 square feet of retail space at 5680 S. Pecos Rd. Las Vegas, NV 89120 to Ebrahim Kaabipour. Total consideration was $2,450,000.00. Nelson Tressler and Michael Zobrist of Newmark Grubb Knight Frank represented the seller in the transaction. The property locally known as City Express-Sinclair Gas sits at the hard corner of Russell and Pecos.

The approximate aggregate value of this retail center sale is $536.60 per square foot.

A Google search of 5680 S. Pecos reflects a previous sale price of $2,875,000 in March 2006 according to the Clark County Recorder’s Office.