Marcus & Millichap

Steve Sauter

Overview

Steve Sauter has over 21 years experience in commercial real estate specializing in retail shopping centers and single tenant investments located nationwide. He is a Senior Director of the company's National Retail Group and has received many sales awards for his outstanding performance. Mr. Sauter has transacted more than $535 million in retail sales and has been honored by Marcus & Millichap with the prestigious designation of Vice President Investments. Steve is highly respected and well-known, both within the firm and the industry.

Palo Alto
Steve Sauter

Steve Sauter

Senior Vice President Investments
Tel: (650) 391-1700
Fax: (650) 494-0213

License:  CA  01084092

International Council of Shopping Centers

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

Promoted to Associate in June, 1997
Promoted to Senior Associate in October, 1998
Promoted to Senior Investment Associate in July, 2001
Promoted to Vice President Investments in January, 2008
Promoted to First Vice President Investments in January, 2012
Promoted to Senior Vice President Investments in January, 2017

National Achievement Award - 2016, 2015, 2014, 2012, 2007, 2006, 2005, 2004, 2003, 2002, 2000
Sales Recognition Award - 2016, 2015, 2014, 2013, 2012, 2011, 2010, 2008, 2007, 2006, 2005, 2004, 2003, 2002, 2001, 2000, 1999, 1998, 1997
Platinum - 2016, 2015

Transactions Closed

  • Fazoli's

    Fazoli's

    Net Leased Restaurant

    Battle Creek, MI
    Price: $1,295,000
    Size: 3,626 sqft
    Cap Rate: 7.41%

  • Burger King

    Burger King

    Net Leased Restaurant

    Memphis, TN
    Price: $1,380,000
    Size: 3,286 sqft
    Cap Rate: 5.76%

  • KFC

    KFC

    Net Leased Restaurant

    Wichita, KS
    Price: $1,754,237
    Size: 4,176 sqft
    Cap Rate: 5.90%

  • Wendy's

    Wendy's

    Net Leased Restaurant

    Plainview, TX
    Size: 2,972 sqft
    Cap Rate: 6.25%

  • Mixed Use Retail

    Mixed Use Retail

    Multifamily & Retail

    Hayward, CA
    Price: $1,460,000
    Size: 6,512 sqft
    Cap Rate: 5.11%

  • 619 Stambaugh St

    619 Stambaugh St

    Multifamily

    Redwood City, CA
    Price: $3,350,000
    Size: 10,172 sqft
    Size: 11 units
    Cap Rate: 3.31%

  • Burger King

    Burger King

    Net Leased Restaurant

    Lee's Summit, MO
    Price: $1,500,000
    Size: 6,000 sqft
    Cap Rate: 6.53%

  • Subway

    Subway

    Net Leased Restaurant

    Fort Wayne, IN
    Price: $600,000
    Size: 1,550 sqft
    Cap Rate: 5.68%

  • Carl's Jr

    Carl's Jr

    Net Leased Restaurant

    Bennett, CO
    Price: $2,600,000
    Size: 3,000 sqft
    Cap Rate: 5.69%

  • Concord Town Center

    Concord Town Center

    Shopping Strip

    Appleton, WI
    Price: $4,500,000
    Size: 24,287 sqft
    Cap Rate: 6.89%

  • Willow Pass Manor

    Willow Pass Manor

    Shopping Strip

    Bay Point, CA
    Price: $1,950,000
    Size: 11,976 sqft
    Cap Rate: 7.83%

  • Whataburger

    Whataburger

    Net Leased Restaurant

    McKinney, TX
    Size: 3,196 sqft
    Size: 01 units
    Cap Rate: 4.62%

  • Taco Bell/KFC

    Taco Bell/KFC

    Net Leased Restaurant

    Sallisaw, OK
    Price: $1,323,000
    Size: 3,000 sqft
    Cap Rate: 6.53%

  • Taco Bueno

    Taco Bueno

    Net Leased Restaurant

    Colorado Springs, CO
    Price: $1,611,792
    Size: 2,850 sqft
    Cap Rate: 5.30%

  • Church's Chicken

    Church's Chicken

    Net Leased Restaurant

    Lacey, WA
    Price: $2,182,000
    Size: 2,320 sqft
    Cap Rate: 5.50%

  • Sherwin-Williams

    Sherwin-Williams

    Net Leased Miscellaneous

    Aurora, CO
    Price: $2,625,000
    Size: 4,500 sqft
    Cap Rate: 5.53%

  • Burger King - Portfolio of 2 in Minnesota

    Burger King - Portfolio of 2 in Minnesota

    Net Leased Restaurant

    Redwood Falls, MN
    Price: $2,368,083
    Size: 6,800 sqft
    Cap Rate: 5.90%

  • Sun Ridge Plaza

    Sun Ridge Plaza

    Shopping Strip

    Vacaville, CA
    Price: $8,290,000
    Size: 42,394 sqft
    Cap Rate: 7.33%

  • McDonald's

    McDonald's

    Net Leased Restaurant

    Evansville, IN
    Price: $1,555,000
    Size: 4,359 sqft
    Cap Rate: 4.22%

  • Chevron

    Chevron

    Net Leased Auto Service - Gas/Conv.

    Suisun City, CA
    Price: $1,225,000
    Size: 1,625 sqft
    Cap Rate: 4.81%

  • Dollar General – 2016 NNN Construction

    Dollar General – 2016 NNN Construction

    Net Leased Discount

    Springfield , IL
    Price: $1,663,962
    Size: 9,100 sqft
    Cap Rate: 6.25%

  • Two-Tenant Commercial Building

    Two-Tenant Commercial Building

    Shopping Auto Center

    Hayward, CA
    Price: $865,000
    Size: 4,923 sqft
    Cap Rate: 6.89%

  • Autozone

    Autozone

    Net Leased Restaurant

    Richmond, TX
    Size: 7,381 sqft
    Cap Rate: 4.84%

  • United Pacific - 76

    United Pacific - 76

    Net Leased Auto Service - Gas/Conv.

    San Ramon, CA
    Price: $1,730,000
    Size: 2,006 sqft
    Cap Rate: 5.20%

  • Black Bear Diner

    Black Bear Diner

    Net Leased Restaurant

    Chubbuck, ID
    Price: $2,750,000
    Size: 5,200 sqft
    Cap Rate: 6.11%

  • Burger King - Crystal Lake

    Burger King - Crystal Lake

    Net Leased Restaurant

    Crystal Lake, IL
    Price: $1,650,000
    Size: 3,931 sqft
    Cap Rate: 5.91%

  • Arby's

    Arby's

    Net Leased Restaurant

    Lubbock, TX
    Size: 1,640,000 sqft
    Cap Rate: 5.79%

  • Jiffy Lube Facility

    Jiffy Lube Facility

    Net Leased Auto Service - Gas/Conv.

    Billings, MT
    Price: $1,900,000
    Size: 4,205 sqft
    Cap Rate: 5.97%

  • BRAKEmax Car Care Center

    BRAKEmax Car Care Center

    Net Leased Auto Service - Gas/Conv.

    Tucson, AZ
    Price: $1,600,000
    Size: 5,464 sqft
    Cap Rate: 6.00%

  • Jack in the Box

    Jack in the Box

    Net Leased Restaurant

    Beaumont, TX
    Size: 2,115 sqft
    Cap Rate: 6.54%

  • Carl's Jr

    Carl's Jr

    Shopping Strip (Lease Transaction)

    San Jose, CA
    Price: $350
    Size: 4,712 sqft

  • KFC

    KFC

    Net Leased Restaurant

    Hilton Head Island, SC
    Price: $1,300,000
    Size: 2,863 sqft
    Cap Rate: 7.15%

  • Gatti's Pizza

    Gatti's Pizza

    Net Leased Restaurant

    Louisville, KY
    Price: $1,750,000
    Size: 12,000 sqft
    Cap Rate: 7.75%

  • Taco Bell (K-Mac)

    Taco Bell (K-Mac)

    Net Leased Restaurant

    Mayfield, KY
    Price: $1,460,000
    Size: 1,592 sqft
    Cap Rate: 5.85%

  • Wendy's

    Wendy's

    Net Leased Restaurant

    Winston Salem, NC
    Price: $876,190
    Size: 3,454 sqft
    Cap Rate: 5.25%

  • United Pacific - 76

    United Pacific - 76

    Net Leased Auto Service - Gas/Conv.

    Vancouver, WA
    Price: $2,343,000
    Size: 1,242 sqft
    Cap Rate: 5.55%

  • Applebee's

    Applebee's

    Net Leased Restaurant

    Auburn, CA
    Price: $1,970,000
    Size: 5,024 sqft
    Cap Rate: 5.08%

  • Krystal Burgers

    Krystal Burgers

    Net Leased Restaurant

    Valdosta, GA
    Price: $1,180,000
    Size: 2,550 sqft
    Cap Rate: 6.18%

  • Raising Cane's

    Raising Cane's

    Net Leased Restaurant

    Arlington, TX
    Size: 2,724 sqft
    Cap Rate: 5.25%

  • Wendy's

    Wendy's

    Net Leased Restaurant

    Modesto, CA
    Price: $2,500,000
    Size: 2,658 sqft
    Cap Rate: 3.74%

  • Arby's

    Arby's

    Net Leased Restaurant

    Fort Worth, TX
    Size: 3,500 sqft
    Cap Rate: 6.08%

  • Peet's Coffee & Tea / FedEx Office

    Peet's Coffee & Tea / FedEx Office

    Shopping Neighborhood

    El Cerrito, CA
    Price: $3,000,000
    Size: 3,573 sqft
    Cap Rate: 4.97%

  • Popeyes

    Popeyes

    Net Leased Restaurant

    Richmond, VA
    Price: $1,200,000
    Size: 2,450 sqft
    Cap Rate: 5.76%

  • KFC

    KFC

    Net Leased Restaurant

    Athens, TN
    Price: $1,497,391
    Size: 3,372 sqft
    Cap Rate: 5.75%

  • Carl's Jr.

    Carl's Jr.

    Net Leased Restaurant

    La Porte, TX
    Size: 2,911 sqft
    Cap Rate: 5.87%

  • Hardee's

    Hardee's

    Net Leased Restaurant

    Wetumpka, AL
    Price: $1,660,000
    Size: 2,600 sqft
    Cap Rate: 6.00%

  • 7-Eleven

    7-Eleven

    Net Leased Auto Service - Gas/Conv.

    Portsmouth, VA
    Price: $1,718,000
    Size: 3,000 sqft
    Cap Rate: 4.65%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Blue Springs, MO
    Price: $4,758,000
    Size: 14,505 sqft
    Cap Rate: 5.85%

  • McDonald's

    McDonald's

    Net Leased Restaurant

    Greeley, CO
    Price: $1,760,000
    Size: 3,788 sqft
    Cap Rate: 3.75%

  • Wendy's

    Wendy's

    Net Leased Restaurant

    Grand Prairie, TX
    Size: 3,245 sqft

  • Captain D's

    Captain D's

    Net Leased Restaurant

    Huntsville, AL
    Price: $1,225,000
    Size: 2,665 sqft
    Cap Rate: 6.12%

  • Carl's Jr.

    Carl's Jr.

    Net Leased Restaurant

    Woodland, CA
    Price: $2,290,000
    Size: 2,909 sqft
    Cap Rate: 4.30%

  • Burger King

    Burger King

    Net Leased Restaurant

    Colorado Springs, CO
    Price: $1,600,000
    Size: 3,674 sqft
    Cap Rate: 6.50%

  • McDonald's

    McDonald's

    Net Leased Restaurant

    Watsonville, CA
    Price: $3,550,000
    Size: 4,365 sqft
    Cap Rate: 0.31%

  • Vacant Fast Food Restaurant

    Vacant Fast Food Restaurant

    Retail Vacant/User

    Hayward, CA
    Price: $680,000
    Size: 2,400 sqft

  • Nawabi's Tire & Auto

    Nawabi's Tire & Auto

    Net Leased Auto Service - Gas/Conv.

    Vallejo, CA
    Price: $430,000
    Size: 6,094 sqft
    Cap Rate: 9.04%

  • Avaya Regional Data, Demo and Support Center

    Avaya Regional Data, Demo and Support Center

    Single-Tenant Office

    Coppell, TX
    Cap Rate: 8.30%

  • Burger King

    Burger King

    Net Leased Restaurant

    Henderson, NC
    Price: $1,145,000
    Size: 3,487 sqft
    Cap Rate: 6.55%

  • Arby's

    Arby's

    Net Leased Restaurant

    McCook, NE
    Price: $1,040,000
    Size: 3,249 sqft
    Cap Rate: 7.40%

  • Wendy's

    Wendy's

    Net Leased Restaurant

    Jacksonville, FL
    Price: $2,252,252
    Size: 3,500 sqft
    Cap Rate: 5.55%

  • 3656 West Shaw Avenue

    3656 West Shaw Avenue

    Shopping Strip

    Fresno, CA
    Price: $2,925,000
    Size: 14,040 sqft
    Cap Rate: 9.17%

  • Arby's

    Arby's

    Net Leased Restaurant

    Eaton, OH
    Price: $1,150,000
    Size: 3,171 sqft
    Cap Rate: 6.54%

  • Midas Muffler

    Midas Muffler

    Net Leased Auto Parts

    Fresno, CA
    Price: $510,000
    Size: 3,999 sqft
    Cap Rate: 7.06%

  • Burger King

    Burger King

    Net Leased Restaurant

    Eureka, CA
    Price: $3,050,000
    Size: 2,624 sqft
    Cap Rate: 5.51%

  • Hooters

    Hooters

    Net Leased Restaurant

    Westminster, CO
    Price: $2,460,000
    Size: 5,000 sqft
    Cap Rate: 6.27%

  • Captain D's Restaurant

    Captain D's Restaurant

    Net Leased Restaurant

    Clanton, AL
    Price: $1,340,000
    Size: 2,749 sqft
    Cap Rate: 7.56%

  • Wendy's

    Wendy's

    Net Leased Restaurant

    Asheboro, NC
    Price: $2,226,087
    Size: 2,994 sqft
    Cap Rate: 5.75%

  • Chipotle

    Chipotle

    Urban-High Street Net Leased

    Raleigh, NC
    Price: $2,084,210
    Size: 2,243 sqft
    Cap Rate: 4.75%

  • 1100 Concord Avenue

    1100 Concord Avenue

    Net Leased Restaurant

    Concord, CA
    Price: $2,900,000
    Size: 9,017 sqft
    Cap Rate: 6.62%

  • IHOP

    IHOP

    Net Leased Restaurant

    Davis, CA
    Price: $3,520,000
    Size: 4,022 sqft
    Cap Rate: 5.50%

  • Wendy's

    Wendy's

    Net Leased Restaurant

    Greensboro, NC
    Price: $2,200,000
    Size: 2,731 sqft
    Cap Rate: 5.50%

  • Chili's

    Chili's

    Net Leased Restaurant

    Martinsville, IN
    Price: $2,450,000
    Size: 4,214 sqft
    Cap Rate: 6.69%

  • Farmer Boy's

    Farmer Boy's

    Net Leased Restaurant

    Lancaster, CA
    Price: $1,620,000
    Size: 3,200 sqft
    Cap Rate: 5.16%

  • NAPA Auto Parts (Kansas City MSA)

    NAPA Auto Parts (Kansas City MSA)

    Net Leased Auto Parts

    Olathe, KS
    Price: $1,390,956
    Size: 7,714 sqft
    Cap Rate: 6.25%

  • Pizza Hut

    Pizza Hut

    Net Leased Restaurant

    Cottondale, AL
    Price: $1,105,000
    Size: 3,479 sqft
    Cap Rate: 7.50%

  • Taco Bell

    Taco Bell

    Net Leased Restaurant

    Springfield, MO
    Price: $1,445,000
    Size: 2,797 sqft
    Cap Rate: 7.16%

  • IHOP Restaurant

    IHOP Restaurant

    Net Leased Restaurant

    Madera, CA
    Price: $2,495,000
    Size: 4,558 sqft
    Cap Rate: 6.70%

  • FATZ Cafe'

    FATZ Cafe'

    Net Leased Restaurant

    Pooler , GA
    Price: $1,630,829
    Size: 4,755 sqft
    Cap Rate: 6.96%

  • Burger King

    Burger King

    Net Leased Restaurant

    Minneapolis, MN
    Price: $1,305,000
    Size: 1,848 sqft
    Cap Rate: 6.42%

  • O'Charley's

    O'Charley's

    Net Leased Restaurant

    Oxford, AL
    Price: $2,150,000
    Size: 6,650 sqft
    Cap Rate: 7.70%

  • Citibank

    Citibank

    Net Leased Bank

    Modesto, CA
    Price: $2,945,000
    Size: 5,260 sqft
    Cap Rate: 0.35%

  • Wendy's

    Wendy's

    Net Leased Restaurant

    Lake Worth, TX
    Size: 29,185 sqft
    Cap Rate: 4.75%

  • Buffalo Wild Wings

    Buffalo Wild Wings

    Net Leased Restaurant

    Albuquerque, NM
    Price: $3,225,000
    Size: 8,018 sqft
    Cap Rate: 7.72%

  • 900 North Main Street

    900 North Main Street

    Net Leased Restaurant

    Nicholasville, KY
    Price: $1,108,800
    Size: 4,150 sqft
    Cap Rate: 6.25%

  • 7-Eleven

    7-Eleven

    Net Leased Miscellaneous

    Lakewood, WA
    Price: $808,000
    Size: 2,160 sqft
    Cap Rate: 5.50%

  • Burger King

    Burger King

    Net Leased Restaurant

    Omak, WA
    Price: $1,100,000
    Size: 2,953 sqft
    Cap Rate: 6.22%

  • Buca di Beppo (Atlanta MSA)

    Buca di Beppo (Atlanta MSA)

    Net Leased Restaurant

    Alpharetta, GA
    Price: $2,710,000
    Size: 9,067 sqft
    Cap Rate: 7.55%

  • Cropley Center

    Cropley Center

    Shopping Neighborhood

    San Jose, CA
    Price: $6,250,000
    Size: 18,429 sqft
    Cap Rate: 5.40%

  • Taco Bell

    Taco Bell

    Net Leased Restaurant

    Huntsville, AL
    Price: $1,450,000
    Size: 2,460 sqft
    Cap Rate: 6.72%

  • 7-Eleven Convenience Store/Gas Station

    7-Eleven Convenience Store/Gas Station

    Net Leased Auto Service - Gas/Conv.

    Orange Park, FL
    Price: $1,177,000
    Size: 2,554 sqft
    Cap Rate: 5.60%

  • Sun Ridge Plaza

    Sun Ridge Plaza

    Shopping Strip

    Vacaville, CA
    Price: $7,675,000
    Size: 42,394 sqft
    Cap Rate: 8.02%

  • 702 & 704 N 3rd Street

    702 & 704 N 3rd Street

    Multifamily

    San Jose, CA
    Price: $570,000
    Size: 1,650 sqft
    Size: 02 units
    Cap Rate: 1.87%

  • 703, 707 & 711 N 3rd Street

    703, 707 & 711 N 3rd Street

    Multifamily

    San Jose, CA
    Price: $596,000
    Size: 1,694 sqft
    Size: 03 units
    Cap Rate: 1.88%

  • Wells Fargo

    Wells Fargo

    Net Leased Bank

    Atlanta, GA
    Price: $1,325,000
    Size: 4,077 sqft
    Cap Rate: 6.26%

  • Christian Brothers Automotive

    Christian Brothers Automotive

    Net Leased Auto Service - Gas/Conv.

    Aurora, CO
    Price: $2,410,000
    Size: 4,945 sqft
    Cap Rate: 6.97%

  • Burger King

    Burger King

    Net Leased Restaurant

    McKinleyville, CA
    Price: $1,893,000
    Size: 3,000 sqft
    Cap Rate: 6.34%

  • Burger King

    Burger King

    Net Leased Restaurant

    Susanville, CA
    Price: $1,985,000
    Size: 2,888 sqft
    Cap Rate: 6.05%

  • McDonald's

    McDonald's

    Net Leased Restaurant

    Wesley Chapel, NC
    Price: $1,840,000
    Size: 4,135 sqft
    Cap Rate: 4.35%

  • 3727 Peacock Court

    3727 Peacock Court

    Multifamily

    Santa Clara, CA
    Price: $2,050,000
    Size: 6,440 sqft
    Size: 08 units
    Cap Rate: 5.23%

  • Ruby Tuesday

    Ruby Tuesday

    Net Leased Restaurant

    Greenville, SC
    Price: $1,998,000
    Size: 5,654 sqft
    Cap Rate: 6.25%

There are additional transactions closed, contact us for more.