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Orbell Ovaness

Marcus & Millichap
Ovaness-Rostamian Group
Senior Vice President | Managing Partner
  • 3Active Listings
  • $6,234,488Active Volume
  • 0Under Contract
  • $0Volume
  • 0Closed Transactions
  • $0Sold Volume

Orbell Ovaness is professionally recognized as a leader in his niche of real estate, focusing on high-street retail, grocery-anchored shopping centers, single tenant net lease and complex mixed-use developments. Orbell has built a team of seasoned advisors to navigate clients through the strategic acquisition; disposition; and re-positioning of retail and mixed-use real estate properties throughout Los Angeles, Southern California, and Major MSA’s throughout the U.S. Throughout his successful 22-year career, Orbell has exclusively listed and sold over $1.3 Billion worth of real estate transactions - a testament of his command in business relationships, financial analysis and underwriting. Working with some of the world’s most visible high net worth families, REIT’s and institutional companies, Orbell offers invaluable insight on current market trends to his national and international clients alike. The evolution of his career has taken him from small-brand to prestigious corporate firms, shaping his unique and undoubtedly accomplished take on the make-up of commercial real estate. Following his 8-year tenure as Executive Vice President of BRC Advisors, Inc., Orbell, in 2016, was named First Vice President of CBRE, Inc. Shortly thereafter, in 2017, Orbell became the number one retail investment sales broker for CBRE’s Beverly Hills office, ranking him in the top ten of investment sales advisors for all of CBRE’s Southern California region. ​

Licensed in: CA
1900 Avenue of the Stars, Suite 2000 Los Angeles, CA 90067

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1928 West Olive Avenue, Fresno, CA , 93728
  • Size SF8,320
  • Built/Renov2014
  • Price/SF$261
  • Lease Start09-21-2012
  • Rent/SF$21.76
  • Lease Type NN+
  • Lot/AC1.00
  • Pop 5MI295,581

2,167,777

  • Cap Rate 8.35%
  • NOI $181,009
  • R. Term/Yrs 4.6
  • Guarantor Corp R + T
  • # Units 8,359
  • Build to suit

  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Highway close

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Favorable NN+ lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant Family Dollar
  • Guarantor Corp T and Rated
  • #Units 8,359
  • Moody's/S&P Baa2/ BBB
  • Stock NASDAQ: DLTR
2780 Belvidere Road, Waukegan, IL , 60085
  • Size SF2,600
  • Built/Renov2001
  • Price/SF$905
  • Lease Start03-30-2016
  • Rent/SF$49.78
  • Lease Type Abs NNN
  • Lot/AC0.70
  • Pop 5MI164,579

2,353,249

  • Cap Rate 5.50%
  • NOI $129,429
  • R. Term/Yrs 11.3
  • Guarantor Franchisee
  • # Units 60
  • Dense retail corridor

  • Shopping Ctr out-parcel

  • Highway close

  • Top 100 MSA

  • Strong demographics

  • New development zone

  • Absolute NNN

  • Long 10+ yr lease

  • Annual rent increases

  • 50+ unit franchisee backed

  • ...
  • Tenant Taco Bell
  • Guarantor Franchisee
  • #Units 60
  • Moody's/S&P Ba2/ BB+
  • Stock NYSE: YUM
2341 Main Street, Los Lunas, NM , 87031
  • Size SF13,500
  • Built/Renov1990/2020
  • Price/SF$127
  • Lease Start03-26-2020
  • Rent/SF$8.25
  • Lease Type NN+
  • Lot/AC1.56
  • Pop 5MI42,964

1,713,462

  • Cap Rate 6.50%
  • NOI $111,375
  • R. Term/Yrs 5.3
  • Guarantor Corp R + T
  • # Units 16,700
  • Signalized intersection

  • Hard corner intersection

  • Dense retail corridor

  • Near major nationals

  • Strong tenant synergy

  • Top 100 MSA

  • Favorable NN+ lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Dollar Tree
  • Guarantor Corp T and Rated
  • #Units 16,700
  • Moody's/S&P Baa2/ BBB
  • Stock NASDAQ: DLTR

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