Marcus & Millichap

Russell Wachtler

Overview

Russell Wachtler joined Marcus & Millichap in 2005 and is affiliated with the NNN Properties Group of Marcus & Millichap Real Estate Advisory Services, the top producing net leased property group at Marcus & Millichap. He specializes in advising both buy and sell-side clients, and has represented clients in both portfolio and individual asset sales ranging in size from $1 million to $25 million across the country. Mr. Wachtler has represented Institutions, REITS, private equity funds, public companies, private companies, franchisees, developers as well as private investors. He has been successful in achieving his clients’ objectives in structuring sale-leaseback transactions in the restaurant, retail, c-store, industrial, and medical office arenas. 

Mr. Wachtler graduated from Lafayette College with a bachelor's in business and economics. Prior to joining Marcus & Millichap, he managed a commercial leasing group at Citi-Habitats. He currently conducts business out of the firm's Manhattan office.

Manhattan
Russell Wachtler

Russell Wachtler

Licensed Real Estate Salesperson
Tel: (212) 430-5132
Fax: (212) 430-5110

License:  NY  40WA0949376

International Council of Shopping Centers

- Net Leased Properties Group

Transactions Closed

  • 12-Unit 7-Eleven Portfolio

    12-Unit 7-Eleven Portfolio

    Net Leased Auto Service - Gas/Conv.

    Painesville, OH
    Price: $35,329,302
    Size: 29,813 sqft
    Cap Rate: 5.12%

  • CVS

    CVS

    Net Leased Drug Store

    Ridgewood (Queens), NY
    Price: $15,845,000
    Size: 13,482 sqft
    Cap Rate: 5.62%

  • 1200 W Main Street

    1200 W Main Street

    Single Tenant Office Medical

    Tomball, TX
    Size: 33,417 sqft

  • Home Depot

    Home Depot

    Net Leased Department Store

    Seabrook, NH
    Price: $15,047,619
    Size: 136,725 sqft
    Cap Rate: 5.25%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Austin, TX
    Size: 14,820 sqft
    Cap Rate: 5.00%

  • Home Depot

    Home Depot

    Net Leased Miscellaneous

    Seabrook, NH
    Price: $14,363,636
    Size: 136,725 sqft
    Cap Rate: 5.50%

  • Mint Hill Medical Commons

    Mint Hill Medical Commons

    Office Medical

    Mint Hill, NC
    Price: $14,125,000
    Size: 42,300 sqft
    Cap Rate: 6.68%

  • Home Depot

    Home Depot

    Net Leased Miscellaneous

    Bridgewater, MA
    Price: $11,550,000
    Size: 132,984 sqft
    Cap Rate: 7.14%

  • Walgreens [24 Hour Store]

    Walgreens [24 Hour Store]

    Net Leased Drug Store

    Milwaukee, WI
    Price: $8,950,000
    Size: 15,740 sqft
    Cap Rate: 5.50%

  • CVS - Bloomington, Indiana

    CVS - Bloomington, Indiana

    Net Leased Drug Store

    Bloomington, IN
    Price: $8,859,203
    Size: 7,500 sqft
    Cap Rate: 4.95%

  • TD Bank

    TD Bank

    Net Leased Bank

    Hialeah, FL
    Price: $8,845,361
    Size: 5,000 sqft
    Cap Rate: 4.85%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Reno, NV
    Price: $8,100,000
    Size: 13,841 sqft
    Cap Rate: 5.05%

  • 74 Wythe Avenue

    74 Wythe Avenue

    Net Leased Miscellaneous

    Brooklyn, NY
    Price: $7,867,000
    Size: 11,424 sqft
    Cap Rate: 4.25%

  • Wawa

    Wawa

    Net Leased Auto Service - Gas/Conv.

    Manalapan, NJ
    Price: $7,638,180
    Size: 156,816 sqft
    Cap Rate: 5.00%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Altoona, PA
    Price: $7,599,999
    Size: 14,280 sqft
    Cap Rate: 5.50%

  • Trophy NYC Walgreens

    Trophy NYC Walgreens

    Net Leased Drug Store

    Brooklyn, NY
    Price: $7,500,000
    Size: 21,000 sqft
    Cap Rate: 5.04%

  • Red Lobster

    Red Lobster

    Net Leased Restaurant

    Miami, FL
    Price: $7,500,000
    Size: 7,059 sqft
    Cap Rate: 5.30%

  • Red Lobster

    Red Lobster

    Net Leased Restaurant

    Murray, UT
    Price: $7,200,000
    Size: 9,304 sqft
    Cap Rate: 5.99%

  • Natural Grocers

    Natural Grocers

    Net Leased Restaurant

    Wheat Ridge, CO
    Price: $7,130,435
    Size: 15,000 sqft
    Cap Rate: 5.75%

  • Huntsville Crossing Shopping Center

    Huntsville Crossing Shopping Center

    Shopping Regional

    Huntsville, TX
    Size: 23,760 sqft
    Cap Rate: 6.44%

  • Middleburg Bank

    Middleburg Bank

    Net Leased Bank

    Ashburn, VA
    Price: $7,000,000
    Size: 3,950 sqft
    Cap Rate: 5.11%

  • Taco Bell Portfolio

    Taco Bell Portfolio

    Net Leased Restaurant

    Lake Mary, FL
    Price: $6,935,019
    Size: 11,878 sqft
    Cap Rate: 7.46%

  • TD BANK [GROUND LEASE]

    TD BANK [GROUND LEASE]

    Net Leased Bank

    Gaithersburg, MD
    Price: $6,704,761
    Size: 4,100 sqft
    Cap Rate: 5.25%

  • Silver Diner

    Silver Diner

    Net Leased Restaurant

    Reston, VA
    Price: $6,700,000
    Size: 5,850 sqft
    Cap Rate: 6.27%

  • CVS

    CVS

    Net Leased Auto Service - Gas/Conv.

    Orlando, FL
    Price: $6,604,000
    Size: 84,942 sqft
    Cap Rate: 5.90%

  • People's United Bank

    People's United Bank

    Net Leased Bank

    Mamaroneck, NY
    Price: $6,545,000
    Size: 2,694 sqft

  • Rite Aid

    Rite Aid

    Net Leased Drug Store

    Troy, NY
    Price: $6,361,678
    Size: 14,673 sqft
    Cap Rate: 8.70%

  • Red Lobster

    Red Lobster

    Net Leased Restaurant

    Las Vegas, NV
    Price: $6,265,461
    Size: 8,248 sqft
    Cap Rate: 5.48%

  • CVS

    CVS

    Net Leased Drug Store

    Plantation, FL
    Price: $6,200,000
    Size: 14,851 sqft
    Cap Rate: 4.68%

  • CVS/Pharmacy

    CVS/Pharmacy

    Net Leased Drug Store

    Austin, TX
    Size: 14,600 sqft
    Cap Rate: 4.59%

  • Red Lobster

    Red Lobster

    Net Leased Restaurant

    Hialeah, FL
    Price: $6,015,582
    Size: 7,520 sqft
    Cap Rate: 5.50%

  • Taco Bell Portfolio

    Taco Bell Portfolio

    Net Leased Restaurant

    Savannah, GA
    Price: $6,000,000
    Size: 11,030 sqft
    Cap Rate: 8.99%

  • CVS

    CVS

    Net Leased Restaurant

    Richardson, TX
    Size: 13,570 sqft
    Cap Rate: 5.15%

  • WAWA (GROUND LEASE)

    WAWA (GROUND LEASE)

    Net Leased Auto Service - Gas/Conv.

    Woodbridge, NJ
    Price: $5,803,571
    Size: 78,233 sqft
    Cap Rate: 5.60%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Summerville, SC
    Price: $5,683,000
    Size: 14,820 sqft
    Cap Rate: 6.00%

  • Red Lobster

    Red Lobster

    Net Leased Restaurant

    Orlando, FL
    Price: $5,666,858
    Size: 7,677 sqft
    Cap Rate: 5.55%

  • Chase Bank

    Chase Bank

    Net Leased Bank

    Pembroke Pines, FL
    Price: $5,600,000
    Size: 4,713 sqft
    Cap Rate: 5.00%

  • SOUTHEND BREWERY

    SOUTHEND BREWERY

    Net Leased Restaurant

    Charleston, SC
    Price: $5,500,000
    Size: 16,313 sqft
    Cap Rate: 5.34%

  • Red Lobster

    Red Lobster

    Net Leased Restaurant

    Nanuet, NY
    Price: $5,400,018
    Size: 8,477 sqft
    Cap Rate: 5.35%

  • CVS

    CVS

    Net Leased Drug Store

    Wilton Manors, FL
    Price: $5,200,000
    Size: 12,046 sqft

  • CHASE BANK (GROUND LEASE)

    CHASE BANK (GROUND LEASE)

    Net Leased Bank

    Houston, TX
    Size: 4,381 sqft
    Cap Rate: 5.20%

  • Golden Corral

    Golden Corral

    Net Leased Restaurant

    Austin, TX
    Size: 14,250 sqft
    Cap Rate: 6.75%

  • WaWa

    WaWa

    Net Leased Auto Service - Gas/Conv.

    Tampa, FL
    Price: $4,895,000
    Size: 5,600 sqft
    Cap Rate: 4.80%

  • WAWA

    WAWA

    Net Leased Auto Service - Gas/Conv.

    New Port Richey, FL
    Price: $4,859,813
    Size: 80,150 sqft
    Cap Rate: 5.35%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    West Seneca, NY
    Price: $4,846,154
    Size: 14,550 sqft
    Cap Rate: 6.50%

  • Red Lobster

    Red Lobster

    Net Leased Restaurant

    Austin, TX
    Size: 8,864 sqft
    Cap Rate: 5.90%

  • Diabetes America

    Diabetes America

    Single Tenant Office Medical

    Houston, TX
    Size: 16,900 sqft
    Cap Rate: 7.36%

  • Red Lobster

    Red Lobster

    Net Leased Restaurant

    Lexington, KY
    Price: $4,805,248
    Size: 8,426 sqft
    Cap Rate: 6.03%

  • Red Lobster

    Red Lobster

    Net Leased Restaurant

    Macon, GA
    Price: $4,805,248
    Size: 9,555 sqft
    Cap Rate: 5.20%

  • CVS

    CVS

    Net Leased Drug Store

    Signal Mountain, TN
    Price: $4,765,806
    Size: 10,125 sqft
    Cap Rate: 5.42%

  • Florida Wendy's Portfolio

    Florida Wendy's Portfolio

    Net Leased Restaurant

    Jacksonville, FL
    Price: $4,629,630
    Size: 11,759 sqft
    Cap Rate: 6.75%

  • 2705 Thonotosassa Road

    2705 Thonotosassa Road

    Net Leased Auto Service - Gas/Conv.

    Plant City, FL
    Price: $4,620,000
    Size: 6,119 sqft
    Cap Rate: 5.19%

  • Joe's Crab Shack

    Joe's Crab Shack

    Net Leased Restaurant

    Arlington, TX
    Size: 11,200 sqft
    Cap Rate: 7.00%

  • Corporate 7-Eleven Gas and Convenience Store

    Corporate 7-Eleven Gas and Convenience Store

    Net Leased Auto Service - Gas/Conv.

    Mentor, OH
    Price: $4,578,982
    Size: 4,679 sqft
    Cap Rate: 5.70%

  • Wawa

    Wawa

    Net Leased Drug Store

    Fort Myers, FL
    Price: $4,500,000
    Size: 84,942 sqft
    Cap Rate: 5.22%

  • Golden Corral

    Golden Corral

    Net Leased Restaurant

    Arlington, TX
    Size: 14,155 sqft
    Cap Rate: 7.27%

  • Golden Corral

    Golden Corral

    Net Leased Restaurant

    Houston, TX
    Size: 14,107 sqft
    Cap Rate: 7.20%

  • Buffalo Wild Wings

    Buffalo Wild Wings

    Net Leased Restaurant

    Manchester
    Price: $4,216,000
    Size: 6,000 sqft
    Cap Rate: 7.50%

  • Brick House Tavern + Tap

    Brick House Tavern + Tap

    Net Leased Restaurant

    San Antonio, TX
    Size: 6,341 sqft
    Cap Rate: 5.05%

  • DaVita

    DaVita

    Single Tenant Office Medical

    Tallahassee, FL
    Price: $4,105,000
    Size: 10,500 sqft
    Cap Rate: 6.90%

  • Creative Color Display

    Creative Color Display

    Single-Tenant Industrial

    New Castle, PA
    Price: $4,100,000
    Size: 135,000 sqft
    Cap Rate: 11.96%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Shawnee, OK
    Price: $4,090,909
    Size: 13,360 sqft
    Cap Rate: 5.50%

  • Golden Corral

    Golden Corral

    Net Leased Restaurant

    Huntsville, AL
    Price: $4,068,640
    Size: 12,460 sqft
    Cap Rate: 7.06%

  • CVS/pharmacy

    CVS/pharmacy

    Net Leased Drug Store

    D'Iberville, MS
    Price: $4,015,000
    Size: 13,225 sqft
    Cap Rate: 5.68%

  • Wawa

    Wawa

    Net Leased Auto Service - Gas/Conv.

    Saint Petersburg, FL
    Price: $3,946,000
    Size: 5,600 sqft
    Cap Rate: 5.60%

  • Premier Pools and Spas' Island of Escape

    Premier Pools and Spas' Island of Escape

    Net Leased Miscellaneous

    Tucson, AZ
    Price: $3,900,000
    Size: 14,750 sqft
    Cap Rate: 7.92%

  • 7-Eleven

    7-Eleven

    Net Leased Auto Service - Gas/Conv.

    Akron, OH
    Price: $3,827,083
    Size: 2,477 sqft
    Cap Rate: 6.00%

  • 7-Eleven

    7-Eleven

    Net Leased Auto Service - Gas/Conv.

    Chagrin Falls, OH
    Price: $3,759,000
    Size: 1,800 sqft
    Cap Rate: 6.00%

  • TGIFridays

    TGIFridays

    Net Leased Restaurant

    Houston, TX
    Size: 8,575 sqft
    Cap Rate: 5.75%

  • CVS

    CVS

    Net Leased Drug Store

    Pinellas Park, FL
    Price: $3,650,000
    Size: 13,013 sqft

  • Red Lobster

    Red Lobster

    Net Leased Restaurant

    North Charleston, SC
    Price: $3,580,000
    Size: 7,080 sqft
    Cap Rate: 5.94%

  • Hooters

    Hooters

    Net Leased Restaurant

    Laredo, TX
    Size: 7,040 sqft
    Cap Rate: 6.29%

  • Dental Arts of South Jersey

    Dental Arts of South Jersey

    Single Tenant Office Medical

    Voorhees, NJ
    Price: $3,466,665
    Size: 16,019 sqft
    Cap Rate: 7.50%

  • Citibank, N.A.

    Citibank, N.A.

    Net Leased Bank

    Pembrook Pines, FL
    Price: $3,464,000
    Size: 3,741 sqft
    Cap Rate: 6.06%

  • 7-Eleven

    7-Eleven

    Net Leased Auto Service - Gas/Conv.

    Stow, OH
    Price: $3,449,004
    Size: 3,409 sqft
    Cap Rate: 5.80%

  • 7-Eleven

    7-Eleven

    Net Leased Auto Service - Gas/Conv.

    Strongsville, OH
    Price: $3,439,417
    Size: 2,700 sqft
    Cap Rate: 6.00%

  • 5501 Brainerd Road

    5501 Brainerd Road

    Net Leased Drug Store

    Chattanooga, TN
    Price: $3,433,492
    Size: 12,418 sqft
    Cap Rate: 6.06%

  • Lehigh Gas

    Lehigh Gas

    Net Leased Auto Service - Gas/Conv.

    Bloomfield, NJ
    Price: $3,400,000
    Size: 8,414 sqft
    Cap Rate: 5.46%

  • Pollo Tropical

    Pollo Tropical

    Net Leased Restaurant

    San Marcos, TX
    Size: 3,548 sqft
    Cap Rate: 5.10%

  • 7-Eleven - Sewickley, PA

    7-Eleven - Sewickley, PA

    Net Leased Auto Service - Gas/Conv.

    Sewickley, PA
    Price: $3,274,000
    Size: 6,730 sqft
    Cap Rate: 5.75%

  • Red Lobster

    Red Lobster

    Net Leased Restaurant

    Jacksonville, FL
    Price: $3,271,144
    Size: 7,758 sqft
    Cap Rate: 5.60%

  • Citibank

    Citibank

    Net Leased Bank

    Glen Ellyn, IL
    Price: $3,265,000
    Size: 8,181 sqft
    Cap Rate: 5.66%

  • Rite Aid - Strong Sales / Absolute NNN

    Rite Aid - Strong Sales / Absolute NNN

    Net Leased Drug Store

    Buffalo, NY
    Price: $3,200,000
    Size: 12,739 sqft
    Cap Rate: 8.78%

  • PNC / Shore Trips

    PNC / Shore Trips

    Urban-High Street Retail

    Milwaukee, WI
    Price: $3,165,000
    Size: 13,847 sqft
    Cap Rate: 7.19%

  • Damon's Grill

    Damon's Grill

    Net Leased Restaurant

    Perry Hall, MD
    Price: $3,150,000
    Size: 6,725 sqft
    Cap Rate: 8.57%

  • Applebee's

    Applebee's

    Net Leased Restaurant

    Tampa, FL
    Price: $3,145,000
    Size: 5,000 sqft
    Cap Rate: 5.56%

  • Old Tappan Ground Lease

    Old Tappan Ground Lease

    Net Leased Miscellaneous

    Old Tappan, NJ
    Price: $3,125,000
    Size: 16,000 sqft
    Cap Rate: 6.14%

  • Lehigh Gas Corporation

    Lehigh Gas Corporation

    Net Leased Auto Service - Gas/Conv.

    Trenton, NJ
    Price: $3,108,302
    Size: 1,453 sqft
    Cap Rate: 6.95%

  • 7-Eleven

    7-Eleven

    Net Leased Auto Service - Gas/Conv.

    Mentor, OH
    Price: $3,002,167
    Size: 1,176 sqft
    Cap Rate: 6.00%

  • Two Property Hardee's Portfolio

    Two Property Hardee's Portfolio

    Net Leased Restaurant

    Buford, GA
    Price: $3,000,000
    Size: 5,900 sqft
    Cap Rate: 6.26%

  • Hooters

    Hooters

    Net Leased Restaurant

    San Antonio, TX
    Size: 5,000 sqft

  • Corporate 7-Eleven Gas and Convenience

    Corporate 7-Eleven Gas and Convenience

    Net Leased Auto Service - Gas/Conv.

    Mayfield Heights, OH
    Price: $2,890,000
    Size: 6,760 sqft
    Cap Rate: 5.73%

  • Wawa

    Wawa

    Net Leased Auto Service - Gas/Conv.

    Apopka, FL
    Price: $2,850,000
    Size: 84,941 sqft
    Cap Rate: 5.96%

  • Rite Aid

    Rite Aid

    Net Leased Drug Store

    New London, CT
    Price: $2,840,000
    Size: 13,205 sqft
    Cap Rate: 7.00%

  • 7-Eleven

    7-Eleven

    Net Leased Grocery Store

    Flanders, NY
    Price: $2,817,000
    Size: 2,700 sqft
    Cap Rate: 5.15%

  • Circle K

    Circle K

    Net Leased Auto Service - Gas/Conv.

    Cape Coral, FL
    Price: $2,773,822
    Size: 2,694 sqft
    Cap Rate: 6.75%

  • Circle K

    Circle K

    Single-Tenant Vacant/User

    Greenwood Village, CO
    Price: $2,755,736
    Size: 3,848 sqft
    Cap Rate: 7.20%

  • Panera Bread Sale-Leaseback

    Panera Bread Sale-Leaseback

    Net Leased Restaurant

    Palm Desert, CA
    Price: $2,695,830
    Size: 4,200 sqft
    Cap Rate: 4.50%

  • Davita

    Davita

    Single Tenant Office Medical

    Wylie, TX
    Size: 6,800 sqft
    Cap Rate: 7.25%

  • Panera Bread Sale Leaseback

    Panera Bread Sale Leaseback

    Net Leased Restaurant

    Stillwater, OK
    Price: $2,625,000
    Size: 4,900 sqft
    Cap Rate: 5.60%

There are additional transactions closed, contact us for more.