Marcus & Millichap

John P. Nuzman


John Nuzman has been involved in commercial real estate development, site acquisition or investment sales for over 26 years, including the last 12 as a retail specialist with Marcus & Millichap. John’s past experience includes real estate positions with Payless ShoeSource and Frank’s Nursery & Crafts, both national, publicly-traded chains. John was a partner with Quality Cooking, Inc., a former Boston Market franchise in the Midwest, responsible for site acquisitions in Michigan and Indiana. Prior to joining Marcus & Millichap, John spent four years representing national tenants like Rite Aid, Advance Auto Parts, Don Pablo’s restaurants, Schlotzsky’s Deli, Subway, and Fazoli’s restaurants in their site acquisition throughout the Midwest. John has sold nearly $400,000,000 of single and multi-tenant investments in recent years, earning him M&M National Achievement Awards in 2003, 2004, 2005 and 2007, ranking him among the top 20% of agents firm wide.
Since joining Marcus & Millichap in 1999, John has sold over 4,300,000 square feet of investment property in 20 states. Property types have included enclosed malls, regional and community shopping centers, big box retail, manufacturing facilities, office/industrial, General Service Administration government buildings, self-storage facilities, medical clinics, a college and a variety of single tenant investments, including sale/leaseback transactions of restaurants and manufacturing facilities.

John P. Nuzman

John P. Nuzman

Senior Vice President Investments
Tel: (248) 415-2616
Fax: (248) 352-3813

License:  MI  6502389859

Member - National Office and Industrial Properties Group
Senior Director - National Retail Group
Senior Director - Net Leased Properties Group

Promoted to Associate in March, 2002
Promoted to Senior Associate in September, 2003
Promoted to Senior Investment Associate in July, 2006
Promoted to Vice President Investments in January, 2008
Promoted to First Vice President Investments in October, 2015
Promoted to Senior Vice President Investments in January, 2017

Started with Marcus & Millichap in January, 1999
Promoted to Associate in March, 2002
Promoted to Senior Associate in September, 2003
Promoted to Senior Investment Associate in July, 2006
Promoted to Vice President Investments in January, 2008

Kansas State University, BS

National Achievement Award - 2015, 2014, 2007, 2005, 2004, 2003
Sales Recognition Award - 2016, 2015, 2014, 2013, 2012, 2011, 2007, 2006, 2005, 2004, 2003, 2002
Platinum - 2015

National Achievement Award: 2003, 2004, 2005 and 2007
Seven-Figure Club: 2005

Awarded Company Sales Plaque: 2002 - 2007, 2011
ICSC member since 1985


Director, National Retail Group & Net Lease Property Group
28 Years Experience in Commercial Real Estate Including Leasing, Site Selection, Development & Investment Sales

John specializes  primarily in the sale of single and multi-tenant retail  investments across the United States. Since joining the firm in 1999, he has sold properties in nearly 30 states from Montana to Florida. Single tenant investment sales include: Kohl's, BJ's Wholesale Club, LA Fitness, Staples, Dollar Tree, Advance Auto Parts, AutoZone, Walgreens, Rite Aid, Gander Mountain, Jo ann Fabrics, Dollar General, Family Dollar, Shopko, Pamida, Farmer Jack, US Post Office, GSA- Social Security, Hardee's, Tutor Time, Childtime, Goodwill, Buffalo Wild Wings, Arby's, PNC Bank, Dick's Sporting Goods, and others including net lease medical and industrial.
During John's 15 years at Marcus & Millichap he has sold over 5 million square feet of investment property valued at over $425 million. Sold shopping center types include shadow-anchored Walmart centers, value-add centers in secondary markets, grocery-anchored, enclosed commmunity malls, junior centers on out lots of power centers, regional shopping centers and neighborhood centers.

Transactions Closed

  • Petco NN Build-To-Suit

    Petco NN Build-To-Suit

    Net Leased Miscellaneous

    Lima, OH
    Price: $2,393,548
    Size: 11,990 sqft
    Cap Rate: 7.01%

  • Goodwill Sale/Leaseback

    Goodwill Sale/Leaseback

    Net Leased Discount

    Kentwood, MI
    Price: $2,400,000
    Size: 17,210 sqft
    Cap Rate: 7.04%

  • Family Farm & Home

    Family Farm & Home

    Net Leased Miscellaneous

    Coldwater, MI
    Price: $2,969,000
    Size: 46,128 sqft
    Cap Rate: 7.38%

  • Tractor Supply Company

    Tractor Supply Company

    Net Leased Miscellaneous

    Llano, TX
    Size: 25,844 sqft
    Cap Rate: 6.99%

  • Shopko Hometown

    Shopko Hometown

    Net Leased Department Store

    Abilene, KS
    Price: $1,220,000
    Size: 42,542 sqft
    Cap Rate: 8.93%

  • Airport Square Shopping Center

    Airport Square Shopping Center

    Shopping Regional

    Toledo, OH
    Price: $8,500,000
    Size: 187,252 sqft
    Cap Rate: 11.41%

  • Save-A-Lot


    Net Leased Grocery Store

    Benzonia, MI
    Price: $1,067,000
    Size: 15,537 sqft
    Cap Rate: 7.50%

  • Pamida -nnn

    Pamida -nnn

    Net Leased Discount

    Price: $1,330,000
    Size: 28,875 sqft

  • Tractor Supply Company

    Tractor Supply Company

    Net Leased Department Store

    Clifton, TX
    Size: 22,356 sqft
    Cap Rate: 7.35%

  • Tutor Time

    Tutor Time

    Net Leased Child Care

    Mooresville, NC
    Price: $2,625,000
    Size: 10,160 sqft
    Cap Rate: 9.50%

  • Bronson Hospital Medical Center

    Bronson Hospital Medical Center

    Office Medical

    Kalamazoo, MI
    Price: $1,950,000
    Size: 8,800 sqft

  • Orscheln Farm & Home

    Orscheln Farm & Home

    Net Leased Dry Good

    Basehor, KS
    Price: $2,900,000
    Size: 43,100 sqft
    Cap Rate: 7.50%

  • Orscheln Farm & Home

    Orscheln Farm & Home

    Net Leased Dry Good

    Lawrence, KS
    Price: $2,676,056
    Size: 26,900 sqft
    Cap Rate: 7.47%

  • Dick's Sporting Goods- NNN

    Dick's Sporting Goods- NNN

    Net Leased Miscellaneous

    Grand Rapids, MI
    Price: $5,700,000
    Size: 50,000 sqft

  • Goodwill -NNN

    Goodwill -NNN

    Net Leased Discount

    Vero Beach, FL
    Price: $3,760,000
    Size: 13,680 sqft

  • Walgreens


    Net Leased Drug Store

    Chicago, IL
    Price: $5,571,848
    Size: 12,864 sqft
    Cap Rate: 6.82%

  • Tutor Time Learning Center

    Tutor Time Learning Center

    Net Leased Child Care

    Mint Hill, NC
    Price: $3,614,000
    Size: 11,745 sqft
    Cap Rate: 7.15%

  • Culver's Sale/Leaseback

    Culver's Sale/Leaseback

    Net Leased Restaurant

    Midvale, UT
    Price: $3,072,000
    Size: 3,954 sqft
    Cap Rate: 6.25%

  • PNC Bank Net Leased Investment Opportunity

    PNC Bank Net Leased Investment Opportunity

    Net Leased Bank

    Suburban, Chicago, IL
    Price: $6,735,000
    Size: 24,849 sqft

  • Walgreens


    Net Leased Drug Store

    Topeka, KS
    Price: $6,000,000
    Size: 14,820 sqft
    Cap Rate: 6.00%

  • Montessori Academy

    Montessori Academy

    Net Leased Child Care

    Greenacres, FL
    Price: $2,100,000
    Size: 17,000 sqft
    Cap Rate: 8.43%

  • La-Z-Boy


    Net Leased Department Store

    Las Vegas, NV
    Price: $4,000,000
    Size: 20,732 sqft
    Cap Rate: 7.26%

  • Panera Bread

    Panera Bread

    Net Leased Restaurant

    Midland, MI
    Price: $2,760,000
    Size: 3,538 sqft
    Cap Rate: 5.98%

  • Cummins NPower

    Cummins NPower

    Single-Tenant Industrial

    De Pere, WI
    Price: $1,595,000
    Size: 23,206 sqft
    Cap Rate: 7.21%

  • Paris Towne Square

    Paris Towne Square

    Shopping Strip

    Paris, KY
    Price: $4,188,500
    Size: 35,600 sqft
    Cap Rate: 9.13%

  • BJ's Wholesale Club

    BJ's Wholesale Club

    Net Leased Grocery Store

    Port Orange, FL
    Price: $15,131,194
    Size: 86,280 sqft

  • Altamira Village Shopping Center

    Altamira Village Shopping Center

    Shopping Regional

    Port Orange, FL
    Price: $17,142,680
    Size: 63,200 sqft
    Cap Rate: 7.50%

  • CVS


    Net Leased Drug Store

    Brook Park, OH
    Price: $2,400,000
    Size: 10,722 sqft
    Size: 01 units
    Cap Rate: 7.58%

  • Michaels


    Net Leased Miscellaneous

    Commerce Township, MI
    Price: $3,600,000
    Size: 23,838 sqft
    Cap Rate: 7.39%

  • Shopko


    Net Leased Department Store

    Lincoln, NE
    Price: $9,270,482
    Size: 109,950 sqft
    Cap Rate: 9.80%

  • Seminary Square

    Seminary Square

    Shopping Regional

    Galesburg, IL
    Price: $5,150,000
    Size: 36,373 sqft
    Cap Rate: 8.76%

  • AT&T Pure Sleep

    AT&T Pure Sleep

    Shopping Regional

    Midland, MI
    Price: $2,165,000
    Size: 6,500 sqft
    Cap Rate: 8.18%

  • Williams Crossing

    Williams Crossing

    Shopping Community

    Bedford, IN
    Price: $4,800,000
    Size: 50,000 sqft
    Cap Rate: 10.21%