Marcus & Millichap

Armond Aivazyan

Overview

Located in the prestigious founding Palo Alto office of Marcus & Millichap, Armond assists his clients in the acquisition, disposition, and marketing of net-leased assets. He is currently working with investors nationwide who plan to hold, sell, or refinance their properties. Armond advises clients on successful acquisition and disposition strategies and provides consultative services as to how to effectively market and reposition clients' assets to maximize cash flow and disposition value.

Prior to joining Marcus & Millichap, Armond graduated from the University of California, Riverside where he studied Philosophy. Some courses and focuses of study Armond enjoyed were Business Ethics and Philosophy of Law. Armond was also a senator in student government and has participated in several debate tournaments. At his leisure, Armond enjoys cycling, traveling, and hiking.

Palo Alto
Armond Aivazyan

Armond Aivazyan

Senior Associate
Tel: (650) 391-1828
Fax: (650) 391-1710

License:  CA  01954384

International Council of Shopping Centers

Associate Member - National Retail Group
Associate Member - Net Leased Properties Group

Promoted to Senior Associate in May, 2018
Serves as an active member of the International Council of Shopping Centers (ICSC) and is a licensed California real estate agent. 

University of California, Riverside, B.A., Philosophy, cum laude, 2013


Listed Properties

Transactions Closed

  • Jewel Osco

    Jewel Osco

    Net Leased Grocery Store

    Orland Park, IL
    Price: $12,680,000
    Size: 63,400 sqft
    Cap Rate: 5.50%

  • Panera Bread

    Panera Bread

    Net Leased Restaurant

    Chandler, AZ
    Price: $2,574,250
    Size: 4,500 sqft
    Cap Rate: 4.75%

  • Wendy's Sale-Leaseback

    Wendy's Sale-Leaseback

    Net Leased Restaurant

    Jacksonville, FL
    Price: $2,095,238
    Size: 2,786 sqft
    Cap Rate: 5.25%

  • Applebee's - Target/LA Fitness Outparcel

    Applebee's - Target/LA Fitness Outparcel

    Net Leased Restaurant

    Orange City, FL
    Price: $3,545,000
    Size: 5,658 sqft
    Cap Rate: 6.00%

  • 24-Hour Walgreens NNN

    24-Hour Walgreens NNN

    Net Leased Drug Store

    Prescott Valley, AZ
    Price: $5,000,000
    Size: 15,120 sqft
    Cap Rate: 5.83%

  • Raising Cane's - 20 Yr. NNN

    Raising Cane's - 20 Yr. NNN

    Net Leased Restaurant

    Phoenix, AZ
    Price: $4,105,000
    Size: 3,616 sqft
    Cap Rate: 5.85%

  • Raising Cane's - 15 Yr. NNN Lease

    Raising Cane's - 15 Yr. NNN Lease

    Net Leased Restaurant

    Kirkwood (St. Louis), MO
    Price: $3,700,000
    Size: 2,724 sqft
    Cap Rate: 6.15%

  • Taco Bell - Store 35

    Taco Bell - Store 35

    Net Leased Restaurant

    Las Vegas, NV
    Price: $2,880,000
    Size: 2,478 sqft
    Cap Rate: 5.00%

  • New 15-Yr. Hardee's | NNN Lease

    New 15-Yr. Hardee's | NNN Lease

    Net Leased Restaurant

    Moulton, AL
    Price: $1,420,000
    Size: 3,552 sqft
    Cap Rate: 7.23%

  • Denny's

    Denny's

    Net Leased Restaurant

    Surfside Beach, SC
    Price: $1,650,000
    Size: 5,170 sqft
    Cap Rate: 5.89%

  • Pep Boys

    Pep Boys

    Net Leased Auto Parts

    Las Vegas, NV
    Price: $5,175,440
    Size: 20,886 sqft
    Cap Rate: 6.25%

  • Bank of the West

    Bank of the West

    Net Leased Bank

    Albuquerque, NM
    Price: $1,570,000
    Size: 5,769 sqft
    Cap Rate: 5.35%

  • Hardee's

    Hardee's

    Net Leased Restaurant

    Springfield, IL
    Price: $1,618,000
    Size: 4,917 sqft
    Cap Rate: 7.16%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Chandler, AZ
    Price: $6,782,000
    Size: 14,715 sqft
    Cap Rate: 5.75%

  • New 15-Yr. Hardee's | NNN Lease

    New 15-Yr. Hardee's | NNN Lease

    Net Leased Restaurant

    Moulton, AL
    Price: $1,665,000
    Size: 3,552 sqft
    Cap Rate: 5.89%

  • Walgreens - 12 Year NNN

    Walgreens - 12 Year NNN

    Net Leased Drug Store

    Lima, OH
    Price: $4,400,000
    Size: 14,405 sqft
    Cap Rate: 6.70%

  • Access Medical Center (139 Unit Guaranty)

    Access Medical Center (139 Unit Guaranty)

    Single Tenant Office Medical

    Yukon, OK
    Price: $1,375,000
    Size: 3,615 sqft
    Cap Rate: 6.98%

  • Dollar General

    Dollar General

    Net Leased Discount

    Jacksonville, FL
    Price: $1,839,000
    Size: 9,100 sqft
    Cap Rate: 6.35%

  • Dairy Queen Grill & Chill

    Dairy Queen Grill & Chill

    Net Leased Restaurant

    Moore, OK
    Price: $2,112,000
    Size: 3,171 sqft
    Cap Rate: 6.25%

  • 2919 North Broadway

    2919 North Broadway

    Multifamily

    Los Angeles, CA
    Price: $3,500,000
    Size: 8,000 sqft
    Size: 20 units
    Cap Rate: 6.26%

  • Retail Freestanding Building

    Retail Freestanding Building

    Single-Tenant Vacant/User

    Bakersfield, CA
    Size: 1,328 sqft

  • 1175 North New Hampshire Avenue

    1175 North New Hampshire Avenue

    Multifamily

    Los Angeles, CA
    Price: $2,110,000
    Size: 4,600 sqft
    Size: 04 units
    Cap Rate: 5.90%

  • 12800 Oxnard Street

    12800 Oxnard Street

    Multifamily

    (Valley Glen) North Hollywood, CA
    Price: $1,099,000
    Size: 3,240 sqft
    Size: 03 units
    Cap Rate: 3.60%

  • 826 North Coronado

    826 North Coronado

    Multifamily

    Los Angeles, CA
    Price: $2,900,000
    Size: 7,400 sqft
    Size: 08 units
    Cap Rate: 4.83%

  • 1163 North Kingsley Drive

    1163 North Kingsley Drive

    Multifamily

    Los Angeles, CA
    Price: $3,171,950
    Size: 6,400 sqft
    Size: 07 units
    Cap Rate: 5.20%

  • United States Postal Service (USPS)

    United States Postal Service (USPS)

    Net Leased Government

    Rosemead (Los Angeles), CA
    Price: $1,425,000
    Size: 2,597 sqft
    Cap Rate: 4.91%

  • Automotive Center

    Automotive Center

    Shopping Auto Center

    Hawthorne, CA
    Price: $1,450,000
    Size: 7,810 sqft
    Cap Rate: 5.74%

  • 220 East Valencia Avenue

    220 East Valencia Avenue

    Multifamily

    Burbank, CA
    Price: $2,870,000
    Size: 7,766 sqft
    Size: 12 units
    Cap Rate: 4.99%

  • 2317 North Frederic Street

    2317 North Frederic Street

    Multifamily

    Burbank, CA
    Price: $3,930,000
    Size: 9,092 sqft
    Size: 16 units
    Cap Rate: 4.41%

  • Taco Bell

    Taco Bell

    Net Leased Restaurant

    Chattanooga, TN
    Size: 2,378 sqft