Marcus & Millichap

Mark Thiel

Overview

Mark Thiel specializes in the acquisition and disposition of single-tenant and multi-tenant retail properties nationwide including department stores, health clubs, grocery anchored shopping centers, drugstores, banks, restaurants, and many more. Mark has listed and sold more single-tenant health clubs than any other broker in the country and currently facilitates sale-leasebacks for LA Fitness on a national scale. Throughout his career, Mark has closed more than $425 Million in transaction volume and over Two Million square feet of retail investment properties across the US.  With access to the industry's largest and most powerful sales platform, Mark provides his clients with unsurpassed market knowledge and advisory services. In 2013, Mark was promoted to Vice President Investments and Senior Director of the firm’s Net Leased Properties Group. He has received four consecutive Sales Recognition Awards, National Achievement Awards in 2011, 2013, 2014 and most recently qualified for the prestigious Chairman's Club in 2014 as one of the top agents in all of Marcus & Millichap.  Mark is involved with well-respected organizations such as the International Council of Shopping Centers (ICSC) and the Surfrider Foundation’s San Diego Chapter. A graduate of University of California Santa Barbara, Mark holds a Bachelor of Arts Degree in Business& Economics.

San Diego
Mark Thiel

Mark Thiel

Vice President Investments
Tel: (858) 373-3206
Fax: (858) 373-3110

License:  CA  01469342

International Council of Shopping Centers
Chancellor's Council - University of Calirfornia Santa Barbara
Member of the Surfrider Foundation's San Diego Chapter

Senior Director - Net Leased Properties Group
Senior Director - National Retail Group

Promoted to Associate in October, 2008
Promoted to Senior Associate in April, 2010
Promoted to Associate Vice President Investments in July, 2012
Promoted to Vice President Investments in July, 2013

University of California Santa Barbara, BA Business & Economics
Lund University in Sweden, International Economics

Chairman's Club - 2014
National Achievement Award - 2016, 2015, 2014, 2013, 2011
Sales Recognition Award - 2016, 2015, 2014, 2013, 2012, 2011, 2010

Our Team

Mark Thiel & Jeffrey Myers

Specialized Expertise | Superior Market Knowledge | National Marketing Platform | Unrivaled Access to Investors

Team Members:

  • Jessica Shevel
    Transaction Coordinator
    (858) 373-3100

Listed Properties

  • Campus Point

    Campus Point

    Shopping Regional

    $17,361,000
    SAN DIEGO, CA

    LA Fitness

    LA Fitness

    Net Leased Fitness Center

    $13,997,000
    Bolingbrook, IL

    LA FITNESS

    LA FITNESS

    Net Leased Fitness Center

    $12,068,550
    Memphis, TN

  • LA Fitness

    LA Fitness

    Net Leased Fitness Center

    $11,916,666
    North Wales, PA

    Best Buy

    Best Buy

    Net Leased Electronics

    $10,534,000
    san bernardino, CA

Transactions Closed

  • Verizon Wireless - New Mexico

    Verizon Wireless - New Mexico

    Single-Tenant Office

    Albuquerque, NM
    Price: $31,900,000
    Size: 197,298 sqft
    Cap Rate: 7.03%

  • LA Fitness

    LA Fitness

    Net Leased Fitness Center

    Hayward, CA
    Price: $15,990,000
    Size: 41,000 sqft
    Cap Rate: 6.03%

  • LA Fitness

    LA Fitness

    Net Leased Fitness Center

    Royal Oak, MI
    Price: $14,142,856
    Size: 45,000 sqft
    Cap Rate: 7.00%

  • Burlington Coat Factory

    Burlington Coat Factory

    Net Leased Department Store

    Santa Ana, CA
    Price: $13,750,000
    Size: 58,450 sqft
    Cap Rate: 7.49%

  • Hollywood Walgreens

    Hollywood Walgreens

    Net Leased Drug Store

    Los Angeles, CA
    Price: $13,600,000
    Size: 13,387 sqft
    Cap Rate: 5.31%

  • LA Fitness

    LA Fitness

    Net Leased Fitness Center

    Glendale, AZ
    Price: $12,500,000
    Size: 46,000 sqft
    Cap Rate: 6.21%

  • LA Fitness

    LA Fitness

    Net Leased Fitness Center

    Royal Oak, MI
    Price: $12,375,000
    Size: 45,000 sqft
    Cap Rate: 8.00%

  • LA Fitness

    LA Fitness

    Net Leased Fitness Center

    Federal Way , WA
    Price: $12,188,000
    Size: 45,000 sqft
    Cap Rate: 7.11%

  • LA Fitness

    LA Fitness

    Net Leased Fitness Center

    Brooklyn, OH
    Price: $12,105,000
    Size: 45,000 sqft
    Cap Rate: 6.45%

  • Burlington Coat Factory

    Burlington Coat Factory

    Net Leased Department Store

    Santa Ana, CA
    Price: $12,100,000
    Size: 58,450 sqft
    Cap Rate: 8.82%

  • Best Buy

    Best Buy

    Net Leased Electronics

    Oxnard, CA
    Price: $11,200,000
    Size: 48,168 sqft
    Cap Rate: 7.59%

  • LA Fitness

    LA Fitness

    Net Leased Fitness Center

    Hemet, CA
    Price: $11,175,000
    Size: 50,000 sqft
    Cap Rate: 7.16%

  • LA Fitness

    LA Fitness

    Net Leased Fitness Center

    Casa Grande, AZ
    Price: $11,100,000
    Size: 42,000 sqft
    Cap Rate: 6.69%

  • LA Fitness (20yr Sale-Leaseback)

    LA Fitness (20yr Sale-Leaseback)

    Net Leased Fitness Center

    Roseville, MI
    Price: $10,835,000
    Size: 45,000 sqft
    Cap Rate: 6.09%

  • Hollywood Walgreens

    Hollywood Walgreens

    Net Leased Drug Store

    Los Angeles, CA
    Price: $10,710,000
    Size: 13,387 sqft
    Cap Rate: 6.69%

  • LA Fitness (20-Yr. Sale-Leaseback)

    LA Fitness (20-Yr. Sale-Leaseback)

    Net Leased Fitness Center

    Baton Rouge, LA
    Price: $10,250,000
    Size: 38,000 sqft
    Cap Rate: 5.75%

  • At Home | Brand New Construction | Pad to Mall

    At Home | Brand New Construction | Pad to Mall

    Net Leased Department Store

    Burnsville, MN
    Price: $9,990,000
    Size: 107,400 sqft
    Cap Rate: 7.90%

  • Walgreens - Rent Increases

    Walgreens - Rent Increases

    Net Leased Drug Store

    Miller Place (Long Island), NY
    Price: $9,850,000
    Size: 14,820 sqft
    Cap Rate: 5.69%

  • LA Fitness (20yr Sale-Leaseback)

    LA Fitness (20yr Sale-Leaseback)

    Net Leased Fitness Center

    SAN ANTONIO, TX
    Size: 45,000 sqft

  • LA Fitness (Sale-Leaseback)

    LA Fitness (Sale-Leaseback)

    Net Leased Fitness Center

    Woodhaven, MI
    Price: $9,750,000
    Size: 45,000 sqft
    Cap Rate: 61.54%

  • LA Fitness

    LA Fitness

    Net Leased Fitness Center

    Hemet, CA
    Price: $9,600,000
    Size: 50,000 sqft
    Cap Rate: 7.71%

  • LA Fitness (20yr Sale-Leaseback)

    LA Fitness (20yr Sale-Leaseback)

    Net Leased Fitness Center

    Oro Valley, AZ
    Price: $9,558,750
    Size: 45,000 sqft
    Cap Rate: 7.67%

  • LA Fitness (20yr Sale-Leaseback)

    LA Fitness (20yr Sale-Leaseback)

    Net Leased Fitness Center

    SAN ANTONIO, TX
    Size: 41,045 sqft

  • LA Fitness

    LA Fitness

    Net Leased Fitness Center

    Whittier, CA
    Price: $9,281,250
    Size: 38,000 sqft
    Cap Rate: 7.20%

  • LA Fitness

    LA Fitness

    Net Leased Fitness Center

    Naperville, IL
    Price: $9,200,000
    Size: 45,000 sqft
    Cap Rate: 9.24%

  • LA Fitness (20yr Sale-Leaseback)

    LA Fitness (20yr Sale-Leaseback)

    Net Leased Fitness Center

    Kissimmee, FL
    Price: $8,865,000
    Size: 37,908 sqft
    Cap Rate: 5.58%

  • LA Fitness

    LA Fitness

    Net Leased Fitness Center

    Huntington Park, CA
    Price: $8,850,000
    Size: 30,000 sqft
    Cap Rate: 6.78%

  • LA Fitness

    LA Fitness

    Net Leased Fitness Center

    Hemet, CA
    Price: $8,450,000
    Size: 50,000 sqft
    Cap Rate: 8.88%

  • Bank of America

    Bank of America

    Net Leased Bank

    Monterey, CA
    Price: $8,435,000
    Size: 32,692 sqft
    Cap Rate: 3.50%

  • MOR Furniture 2 property portfolio

    MOR Furniture 2 property portfolio

    Net Leased Department Store

    spokane, WA
    Price: $8,400,000
    Size: 81,431 sqft
    Cap Rate: 8.04%

  • Smart & Final Extra!

    Smart & Final Extra!

    Net Leased Grocery Store

    Coachella, CA
    Price: $8,350,000
    Size: 33,363 sqft
    Cap Rate: 5.28%

  • LA Fitness (Sale-Leaseback)

    LA Fitness (Sale-Leaseback)

    Net Leased Fitness Center

    Decatur, GA
    Price: $8,250,000
    Size: 38,000 sqft
    Cap Rate: 5.76%

  • Best Buy

    Best Buy

    Net Leased Electronics

    Kansas City, KS
    Price: $8,135,000
    Size: 46,267 sqft
    Cap Rate: 8.53%

  • Lowe's Ground Lease

    Lowe's Ground Lease

    Net Leased Miscellaneous

    Kansas City, MO
    Price: $7,650,000
    Size: 124,078 sqft
    Cap Rate: 6.47%

  • Big 5 Sporting Goods

    Big 5 Sporting Goods

    Net Leased Department Store

    Lakewood, CA
    Price: $7,650,000
    Size: 27,826 sqft
    Cap Rate: 6.19%

  • Vacant Orchard Supply Hardware

    Vacant Orchard Supply Hardware

    Net Leased Miscellaneous

    Santa Ana, CA
    Price: $7,100,000
    Size: 53,480 sqft
    Cap Rate: 0.75%

  • 24 Hour Fitness

    24 Hour Fitness

    Net Leased Fitness Center

    Palmdale, CA
    Price: $6,850,000
    Size: 20,240 sqft
    Cap Rate: 6.46%

  • The Anchorage at Lake Pontchartrain

    The Anchorage at Lake Pontchartrain

    Multifamily

    Slidell (New Orleans), LA
    Price: $6,820,000
    Size: 168,878 sqft
    Size: 188 units
    Cap Rate: 19.46%

  • LA Fitness (Fort Lauderdale MSA)

    LA Fitness (Fort Lauderdale MSA)

    Net Leased Fitness Center

    Coral Springs, FL
    Price: $6,800,000
    Size: 32,679 sqft
    Cap Rate: 5.84%

  • Home Depot - Ground Lease

    Home Depot - Ground Lease

    Net Leased Dry Good

    Blaine, MN
    Price: $6,650,000
    Size: 102,513 sqft
    Cap Rate: 6.02%

  • 24 Hour Fitness

    24 Hour Fitness

    Net Leased Fitness Center

    Overland Park, KS
    Price: $6,500,000
    Size: 15,700 sqft
    Cap Rate: 7.07%

  • LA Fitness (20yr Sale-Leaseback)

    LA Fitness (20yr Sale-Leaseback)

    Net Leased Fitness Center

    Moore, OK
    Price: $6,451,750
    Size: 33,656 sqft
    Cap Rate: 5.84%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Palmdale, CA
    Price: $5,537,000
    Size: 13,650 sqft
    Cap Rate: 7.75%

  • Blue Rhino Manufacturing Facility

    Blue Rhino Manufacturing Facility

    Single-Tenant Industrial

    Commerce City, CO
    Price: $4,700,000
    Size: 10,660 sqft
    Cap Rate: 7.44%

  • New Construction McDonald's and SynFast Oil

    New Construction McDonald's and SynFast Oil

    Net Leased Restaurant

    San Diego, CA
    Price: $4,600,000
    Size: 5,302 sqft
    Cap Rate: 4.84%

  • Savers

    Savers

    Net Leased Discount

    Downers Grove, IL
    Price: $4,175,000
    Size: 37,549 sqft
    Cap Rate: 8.71%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Tulsa, OK
    Price: $3,902,000
    Size: 13,650 sqft
    Cap Rate: 7.40%

  • Sterling Savings Bank

    Sterling Savings Bank

    Net Leased Bank

    Meridian, ID
    Price: $3,625,000
    Size: 5,129 sqft
    Cap Rate: 7.80%

  • Office Depot

    Office Depot

    Net Leased Office Supply

    Orange City, FL
    Price: $3,500,000
    Size: 20,478 sqft
    Cap Rate: 8.98%

  • Tutor Time

    Tutor Time

    Net Leased Child Care

    Glendale, AZ
    Price: $3,400,000
    Size: 11,752 sqft
    Cap Rate: 9.35%

  • Diamond Terrace

    Diamond Terrace

    Urban-High Street Retail

    San Diego, CA
    Price: $3,195,000
    Size: 6,274 sqft

  • Office Depot

    Office Depot

    Net Leased Office Supply

    Orange City, FL
    Price: $3,150,000
    Size: 20,478 sqft
    Cap Rate: 9.98%

  • KinderCare

    KinderCare

    Net Leased Child Care

    Laveen, AZ
    Price: $3,000,000
    Size: 10,145 sqft
    Cap Rate: 7.76%

  • National Tire & Battery

    National Tire & Battery

    Net Leased Auto Parts

    Houston, TX
    Size: 11,207 sqft

  • Taco Bell

    Taco Bell

    Net Leased Restaurant

    Meridian, ID
    Price: $2,750,000
    Size: 2,227 sqft
    Cap Rate: 9.41%

  • Carlsbad Plaza Ground Lease

    Carlsbad Plaza Ground Lease

    Shopping Neighborhood

    Carlsbad, CA
    Price: $2,700,000
    Size: 172,996 sqft

  • Chase Bank

    Chase Bank

    Net Leased Bank

    Santee, CA
    Price: $2,475,780
    Size: 5,265 sqft
    Cap Rate: 5.40%

  • Office Depot

    Office Depot

    Net Leased Office Supply

    Stockbridge, GA
    Price: $2,450,000
    Size: 20,509 sqft
    Cap Rate: 10.57%

  • Best Buy

    Best Buy

    Net Leased Electronics (Lease Transaction)

    San Bernardino, CA
    Price: $75,000
    Size: 58,000 sqft

  • CVS Ground Lease

    CVS Ground Lease

    Net Leased Drug Store

    Kenosha, WI
    Price: $2,370,000
    Size: 13,225 sqft
    Cap Rate: 6.75%

  • Lowe's Garden Center Ground Lease

    Lowe's Garden Center Ground Lease

    Net Leased Department Store

    Pasadena, TX
    Size: 219,542 sqft
    Cap Rate: 6.18%

  • Verizon Wireless at CentrePoint Marketplace

    Verizon Wireless at CentrePoint Marketplace

    Net Leased Miscellaneous

    Meridian, ID
    Price: $2,327,000
    Size: 4,345 sqft
    Cap Rate: 6.70%

  • Chase Bank

    Chase Bank

    Net Leased Bank

    Klein (Houston), TX
    Size: 4,243 sqft
    Cap Rate: 5.47%

  • Circle Center

    Circle Center

    Shopping Strip

    Montclair, CA
    Price: $2,017,824
    Size: 19,031 sqft
    Cap Rate: 8.64%

  • McDonald's

    McDonald's

    Net Leased Restaurant

    Modesto, CA
    Price: $1,915,000
    Size: 3,549 sqft
    Cap Rate: 4.00%

  • Chili's Restaurant

    Chili's Restaurant

    Net Leased Restaurant

    Pico Rivera, CA
    Price: $1,850,000
    Size: 6,163 sqft
    Cap Rate: 6.38%

  • Bank of America

    Bank of America

    Net Leased Bank

    Healdsburg, CA
    Price: $1,775,000
    Size: 9,318 sqft
    Cap Rate: 3.67%

  • Christian Brothers Automotive

    Christian Brothers Automotive

    Net Leased Auto Service - Gas/Conv.

    Burleson, TX
    Size: 4,921 sqft
    Cap Rate: 8.52%

  • Union Bank

    Union Bank

    Net Leased Bank

    Dana Point, CA
    Price: $1,683,333
    Size: 10,482 sqft
    Cap Rate: 7.13%

  • US Bank

    US Bank

    Net Leased Bank

    San Diego, CA
    Price: $1,520,000
    Size: 13,000 sqft
    Cap Rate: 4.66%

  • Del Taco

    Del Taco

    Net Leased Restaurant

    Henderson, NV
    Price: $1,500,000
    Size: 2,260 sqft
    Cap Rate: 8.00%

  • 3016 Carlsbad Boulevard and 305 Carlsbad Village D

    3016 Carlsbad Boulevard and 305 Carlsbad Village D

    Net Leased Restaurant

    Carlsbad, CA
    Price: $1,485,000
    Size: 12,073 sqft
    Cap Rate: 5.25%

  • 7-Eleven | Las Vegas

    7-Eleven | Las Vegas

    Net Leased Auto Service - Gas/Conv.

    Las Vegas, NV
    Price: $1,411,000
    Size: 2,400 sqft
    Cap Rate: 5.89%

  • Church's Chicken (Corporate Lease)

    Church's Chicken (Corporate Lease)

    Net Leased Restaurant

    Long Beach, CA
    Price: $1,360,000
    Size: 780 sqft
    Cap Rate: 5.04%

  • Dollar Tree

    Dollar Tree

    Net Leased Discount

    Grants, NM
    Price: $1,184,000
    Size: 10,000 sqft
    Cap Rate: 7.60%

  • McDonald's at Trail Crossing

    McDonald's at Trail Crossing

    Net Leased Restaurant

    Palmdale, CA
    Price: $1,135,000
    Size: 3,425 sqft
    Cap Rate: 5.11%

  • Hardee's

    Hardee's

    Net Leased Restaurant

    Gas City, IN
    Price: $1,126,000
    Size: 2,757 sqft

  • Taco Cabana

    Taco Cabana

    Net Leased Restaurant

    Albuquerque, NM
    Price: $1,066,000
    Size: 36,155 sqft
    Cap Rate: 6.38%

  • Riley Street Apartments

    Riley Street Apartments

    Multifamily

    San Diego, CA
    Price: $1,065,000
    Size: 5,720 sqft
    Size: 06 units
    Cap Rate: 5.67%

  • Kentucky Fried Chicken

    Kentucky Fried Chicken

    Net Leased Restaurant

    Garden Grove, CA
    Price: $950,000
    Size: 1,807 sqft
    Cap Rate: 7.89%

  • 5646 Riley Street

    5646 Riley Street

    Multifamily

    San Diego, CA
    Price: $900,000
    Size: 4,992 sqft
    Size: 05 units
    Cap Rate: 7.18%

  • 1194 Harbor Drive

    1194 Harbor Drive

    Retail Vacant/User

    Slidell, LA
    Price: $850,000
    Size: 8,384 sqft
    Cap Rate: 9.39%

  • Wienerschnitzel

    Wienerschnitzel

    Net Leased Restaurant

    Glendale, AZ
    Price: $835,000
    Size: 1,579 sqft
    Cap Rate: 7.19%

  • Union Bank

    Union Bank

    Net Leased Bank

    Dana Point, CA
    Price: $650,000
    Size: 10,482 sqft
    Cap Rate: 3.23%

In The News

  • Marcus & Millichap Proudly Honors Its Top Professionals for 2014

    AS SEEN IN THE NATIONAL EDITION OF THE WALL STREET JOURNAL, FEBRUARY 11, 2015

    Read More