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Broker

Armond Aivazyan

NNN Pro
New York Office
Senior Vice President
  • 4Active Listings
  • $12,178,333Active Volume
  • 0Under Contract
  • $0Volume
  • 0Closed Transactions
  • $0Sold Volume

Armond Aivazyan is a Senior Vice President with NNN Pro, one of the top-performing net-lease brokerage teams in the country. Armond joined NNN Pro in 2024 and specializes in net-lease property dispositions, acquisitions, 1031 exchange transactions, and sale-leasebacks, providing tailored property valuation and portfolio strategies to clients nationwide. With over a decade of experience, Armond has closed transactions with an aggregate value exceeding $500 million, with transaction sizes ranging from $1 million to $60 million. He has successfully advised REITs, developers, public and private companies, family offices, franchisees, DST sponsors, and high net worth investors. His expertise spans diverse retail and industrial sectors, including net-leased restaurants, automotive properties, grocery stores, dollar stores, medical facilities, Walgreens portfolios, and FedEx distribution centers. Prior to working with NNN Pro, Armond worked at Marcus & Millichap where he originated and executed net-lease transactions, conducted in-depth market research, and provided strategic investment solutions. He graduated cum laude from the University of California, Riverside.

Licensed in: CA , NV , NY
275 Madison Avenue, 13th Floor New York, NY 10016

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6700 Ritchie Highway, Glen Burnie, MD , 21061
  • Size SF14,490
  • Built/Renov2005
  • Price/SF$175
  • Lease Start07-23-2005
  • Rent/SF$15.73
  • Lease Type Abs NNN
  • Lot/AC2.21
  • Pop 5MI180,397

2,533,333

  • Cap Rate 9.00%
  • NOI $228,000
  • R. Term/Yrs 5.10
  • Guarantor Corp R + T
  • # Units 13,532
  • Signalized intersection

  • In location for years

  • High traffic 50M+ VPD

  • Dense retail corridor

  • Highway location

  • Top 100 MSA

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 13,532
  • Moody's/S&P Baa2/ BBB-
  • Stock NASDAQ: WBA
3106 Solomons Island Road, Edgewater, MD , 21037
  • Size SF14,820
  • Built/Renov2006
  • Price/SF$246
  • Lease Start04-28-2006
  • Rent/SF$22.13
  • Lease Type Abs NNN
  • Lot/AC3.19
  • Pop 5MI95,118

3,645,000

  • Cap Rate 9.00%
  • NOI $328,000
  • R. Term/Yrs 6.6
  • Guarantor Corp R + T
  • # Units 13,532
  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Strong tenant synergy

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 13,532
  • Moody's/S&P Baa2/ BBB-
  • Stock NASDAQ: WBA
2880 Allison-Bonnett Memorial Drive, Hueytown, AL , 35023
  • Size SF3,301
  • Built/Renov2009
  • Price/SF$909
  • Lease Start05-26-2022
  • Rent/SF$56.80
  • Lease Type Abs NNN
  • Lot/AC0.91
  • Pop 5MI81,699

3,000,000

  • Cap Rate 6.25%
  • NOI $187,500
  • R. Term/Yrs 17.8
  • Guarantor Franchisee
  • # Units 19
  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Freeway close

  • Strong tenant synergy

  • Top 100 MSA

  • Long 15+ yr lease

  • Absolute NNN

  • Annual rent increases

  • Personal guarantee

  • ...
  • Tenant Zaxby's
  • Guarantor Franchisee
  • #Units 19
  • Stock Private
1133 Lexington Road, Georgetown, KY , 40324
  • Size SF3,810
  • Built/Renov2013
  • Price/SF$787
  • Lease Start05-26-2022
  • Rent/SF$49.21
  • Lease Type Abs NNN
  • Lot/AC0.84
  • Pop 5MI46,313

3,000,000

  • Cap Rate 6.25%
  • NOI $187,500
  • R. Term/Yrs 17.8
  • Guarantor Franchisee
  • # Units 19
  • Dense retail corridor

  • Near major nationals

  • Hospital close

  • Strong tenant synergy

  • Affluent suburb location

  • Major MSA

  • Long 15+ yr lease

  • Absolute NNN

  • Annual rent increases

  • Personal guarantee

  • ...
  • Tenant Zaxby's
  • Guarantor Franchisee
  • #Units 19
  • Stock Private

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