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

First 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

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

Transactions Closed

  • 1291 South Park Victoria Drive

    1291 South Park Victoria Drive

    Office (Lease Transaction)

    Milpitas, CA
    Price: $2,500
    Size: 9,696 sqft

  • Carl's Jr

    Carl's Jr

    Shopping Strip (Lease Transaction)

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

  • Los Gatos Village Square

    Los Gatos Village Square

    Shopping Neighborhood

    Los Gatos, CA
    Price: $19,100,000
    Size: 45,738 sqft
    Cap Rate: 5.50%

  • Avaya Regional Data, Demo and Support Center

    Avaya Regional Data, Demo and Support Center

    Single-Tenant Office

    Coppell, TX
    Cap Rate: 8.30%

  • Southwest Pavillion

    Southwest Pavillion

    Shopping Neighborhood

    Reno, NV
    Price: $11,450,000
    Size: 80,137 sqft

  • Creekside Apartment Homes

    Creekside Apartment Homes

    Multifamily

    Fairfax, CA
    Price: $10,250,000
    Size: 36,472 sqft
    Size: 48 units
    Cap Rate: 8.38%

  • Natividad Plaza

    Natividad Plaza

    Shopping Strip

    Salinas, CA
    Price: $9,850,000
    Size: 37,281 sqft
    Cap Rate: 7.13%

  • Union Landing (portion)

    Union Landing (portion)

    Shopping Strip

    Union City, CA
    Price: $8,450,000
    Size: 38,625 sqft
    Cap Rate: 8.04%

  • Sun Ridge Plaza

    Sun Ridge Plaza

    Shopping Strip

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

  • Sun Ridge Plaza

    Sun Ridge Plaza

    Shopping Strip

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

  • Alterra Apartments

    Alterra Apartments

    Multifamily

    San Rafael, CA
    Price: $6,900,000
    Size: 25,310 sqft
    Size: 30 units
    Cap Rate: 5.39%

  • Cropley Center

    Cropley Center

    Shopping Neighborhood

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

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Round Rock, TX
    Size: 13,965 sqft
    Cap Rate: 6.20%

  • Natomas Garden Shopping Center

    Natomas Garden Shopping Center

    Shopping Neighborhood

    Sacramento, CA
    Price: $5,300,000
    Size: 82,402 sqft
    Cap Rate: 8.55%

  • Buffalo Center

    Buffalo Center

    Shopping Strip

    Las Vegas, NV
    Price: $5,135,000
    Size: 27,596 sqft
    Cap Rate: 9.49%

  • Dynasty Plaza

    Dynasty Plaza

    Shopping Strip

    San Jose, CA
    Price: $4,990,000
    Size: 19,993 sqft
    Cap Rate: 9.23%

  • Northwood Square Shopping Center

    Northwood Square Shopping Center

    Shopping Community

    San Jose, CA
    Price: $4,990,000
    Size: 37,563 sqft
    Cap Rate: 8.61%

  • Walgreens

    Walgreens

    Net Leased Drug Store

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

  • 2909 25th East

    2909 25th East

    Net Leased No Tenant Specified

    Ammon, ID
    Price: $4,200,000

  • El Portal Plaza

    El Portal Plaza

    Shopping Neighborhood

    Santa Rosa, CA
    Price: $4,154,000
    Size: 18,586 sqft
    Cap Rate: 7.14%

  • 3150 Mission Drive

    3150 Mission Drive

    Office Medical

    Santa Cruz, CA
    Price: $3,725,000
    Cap Rate: 6.76%

  • Shane Company

    Shane Company

    Net Leased Miscellaneous

    Duluth, GA
    Price: $3,648,649
    Size: 10,143 sqft
    Cap Rate: 7.40%

  • McDonald's

    McDonald's

    Net Leased Restaurant

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

  • IHOP

    IHOP

    Net Leased Restaurant

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

  • National Tire & Battery

    National Tire & Battery

    Net Leased Auto Parts

    Kansas City, MO
    Price: $3,458,000
    Size: 7,964 sqft
    Cap Rate: 6.25%

  • Simplex Grinnel Building

    Simplex Grinnel Building

    Single-Tenant Office

    Las Vegas, NV
    Price: $3,429,000
    Size: 30,467 sqft
    Cap Rate: 8.90%

  • Buffalo Wild Wings

    Buffalo Wild Wings

    Net Leased Restaurant

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

  • Fresno Strip Center

    Fresno Strip Center

    Shopping Strip

    Fresno, CA
    Price: $3,185,000
    Size: 14,040 sqft
    Cap Rate: 7.64%

  • Applebee's

    Applebee's

    Net Leased Restaurant

    Auburn, CA
    Price: $3,150,000
    Size: 5,200 sqft
    Cap Rate: 6.43%

  • El Torito Restaurant

    El Torito Restaurant

    Net Leased Restaurant

    Yorba Linda, CA
    Price: $3,125,000
    Size: 9,600 sqft
    Cap Rate: 5.81%

  • Burger King

    Burger King

    Net Leased Restaurant

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

  • 34 South White Road & 3120 Alum Rock Avenue

    34 South White Road & 3120 Alum Rock Avenue

    Shopping Strip

    San Jose, CA
    Price: $3,000,000
    Size: 15,586 sqft
    Cap Rate: 4.15%

  • 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%

  • Chase Bank

    Chase Bank

    Net Leased Bank

    Fort Worth, TX
    Size: 4,520 sqft
    Cap Rate: 5.08%

  • Citibank

    Citibank

    Net Leased Bank

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

  • 3656 West Shaw Avenue

    3656 West Shaw Avenue

    Shopping Strip

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

  • 1100 Concord Avenue

    1100 Concord Avenue

    Net Leased Restaurant

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

  • Shopping Strip

    Martinez, CA
    Price: $2,880,000

  • Arby's

    Arby's

    Net Leased Restaurant

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

  • PONDEROSA SHOPPING CENTER

    PONDEROSA SHOPPING CENTER

    Shopping Strip

    Idaho Falls, ID
    Price: $2,853,000
    Size: 32,906 sqft
    Cap Rate: 9.91%

  • San Ramon Plaza

    San Ramon Plaza

    Shopping Strip

    San Ramon, CA
    Price: $2,850,000
    Size: 10,941 sqft
    Cap Rate: 9.38%

  • Shopping Strip

    San Jose, CA
    Price: $2,845,000

  • 1289 South Park Victoria Drive

    1289 South Park Victoria Drive

    Office

    Milpitas, CA
    Price: $2,837,000
    Size: 9,696 sqft
    Cap Rate: 7.27%

  • Romano's Macaroni Grill

    Romano's Macaroni Grill

    Net Leased Restaurant

    Folsom, CA
    Price: $2,830,000
    Size: 7,042 sqft
    Cap Rate: 6.75%

  • 113 Sunset Ave.

    113 Sunset Ave.

    Retail Vacant/User

    Suisun City, CA
    Price: $2,800,000
    Size: 34,848 sqft

  • Black Bear Diner

    Black Bear Diner

    Net Leased Restaurant

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

  • 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%

  • 2907 - 2917 El Camino Real

    2907 - 2917 El Camino Real

    Shopping Neighborhood

    Santa Clara, CA
    Price: $2,700,000
    Size: 11,440 sqft
    Cap Rate: 2.90%

  • 4200 Steels Pointe Road

    4200 Steels Pointe Road

    Net Leased Restaurant

    Stow, OH
    Price: $2,688,000
    Size: 7,330 sqft
    Cap Rate: 8.21%

  • Buffalo Wild Wings

    Buffalo Wild Wings

    Net Leased Restaurant

    Albuquerque, NM
    Price: $2,650,000
    Size: 8,018 sqft
    Cap Rate: 8.56%

  • Sherwin-Williams

    Sherwin-Williams

    Net Leased Miscellaneous

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

  • Coco's Bakery Restaurant

    Coco's Bakery Restaurant

    Net Leased Restaurant

    Livermore, CA
    Price: $2,600,000
    Size: 7,436 sqft
    Cap Rate: 6.50%

  • Chevy's Restaurant

    Chevy's Restaurant

    Net Leased Restaurant

    Modesto, CA
    Price: $2,580,000
    Size: 5,200 sqft
    Cap Rate: 6.28%

  • Cal-abco Plaza

    Cal-abco Plaza

    Office

    Santa Clara, CA
    Price: $2,550,000
    Size: 17,793 sqft
    Cap Rate: 8.91%

  • 629 Homer Avenue

    629 Homer Avenue

    Multifamily

    Palo Alto, CA
    Price: $2,525,000
    Size: 5,650 sqft
    Size: 09 units
    Cap Rate: 1.24%

  • Wendy's

    Wendy's

    Net Leased Restaurant

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

  • IHOP Restaurant

    IHOP Restaurant

    Net Leased Restaurant

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

  • Hooters

    Hooters

    Net Leased Restaurant

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

  • Chili's

    Chili's

    Net Leased Restaurant

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

  • Buca di Beppo

    Buca di Beppo

    Net Leased Restaurant

    Alpharetta, GA
    Price: $2,419,210
    Size: 8,160 sqft
    Cap Rate: 7.85%

  • 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%

  • Chili's

    Chili's

    Net Leased Restaurant

    Shawnee, KS
    Price: $2,400,000
    Size: 3,000 sqft
    Cap Rate: 7.50%

  • 9906 West Thunderbird Boulevard

    9906 West Thunderbird Boulevard

    Net Leased Restaurant

    Sun City, AZ
    Price: $2,390,000
    Size: 2,748 sqft
    Cap Rate: 5.82%

  • Marie Callender's

    Marie Callender's

    Shopping Strip

    Santa Rosa, CA
    Price: $2,385,000
    Size: 9,170 sqft
    Cap Rate: 6.80%

  • 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%

  • 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%

  • Ross Dress for Less

    Ross Dress for Less

    Net Leased Department Store

    San Jose, CA
    Price: $2,322,000
    Size: 27,118 sqft
    Cap Rate: 9.09%

  • South Main and Luther Road

    South Main and Luther Road

    Shopping Strip

    Red Bluff, CA
    Price: $2,315,000
    Size: 23,200 sqft
    Cap Rate: 13.61%

  • Crossroads Shopping Center

    Crossroads Shopping Center

    Shopping Strip

    San Jose, CA
    Price: $2,300,000
    Size: 17,050 sqft
    Cap Rate: 14.25%

  • Applebee's Restaurant

    Applebee's Restaurant

    Net Leased Restaurant

    Calexico, CA
    Price: $2,300,000
    Size: 5,400 sqft
    Cap Rate: 7.07%

  • Jack in the Box

    Jack in the Box

    Net Leased Restaurant

    Campbell, CA
    Price: $2,294,333

  • Carl's Jr.

    Carl's Jr.

    Net Leased Restaurant

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

  • Wendy's

    Wendy's

    Net Leased Restaurant

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

  • Hooters

    Hooters

    Net Leased Restaurant

    Westminster, CO
    Price: $2,250,000
    Size: 5,000 sqft
    Cap Rate: 6.09%

  • Brier Creek Shopping Strip

    Brier Creek Shopping Strip

    Shopping Strip

    Raleigh, NC
    Price: $2,250,000
    Size: 6,238 sqft
    Cap Rate: 7.22%

  • McDonald's

    McDonald's

    Net Leased Restaurant

    Ripon, CA
    Price: $2,250,000
    Size: 3,555 sqft
    Cap Rate: 4.44%

  • Carl's Jr.

    Carl's Jr.

    Net Leased Restaurant

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

  • Lyon'S Restaurant

    Lyon'S Restaurant

    Net Leased Restaurant

    San Francisco, CA
    Price: $2,230,000
    Size: 5,292 sqft
    Cap Rate: 8.10%

  • Wendy's

    Wendy's

    Net Leased Restaurant

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

  • Furr's Fresh Buffet

    Furr's Fresh Buffet

    Net Leased Restaurant

    Abilene, TX
    Size: 11,460 sqft
    Cap Rate: 8.31%

  • Wendy's

    Wendy's

    Net Leased Restaurant

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

  • Church's Chicken

    Church's Chicken

    Net Leased Restaurant

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

  • IHOP

    IHOP

    Retail Vacant/User

    Davis, CA
    Price: $2,150,000
    Size: 4,022 sqft
    Cap Rate: 7.44%

  • O'Charley's

    O'Charley's

    Net Leased Restaurant

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

  • Chili's

    Chili's

    Net Leased Restaurant

    Martinsville, IN
    Price: $2,140,000
    Size: 4,214 sqft
    Cap Rate: 7.01%

  • Jack in the Box

    Jack in the Box

    Net Leased Restaurant

    Santa Clara, CA
    Price: $2,135,000
    Size: 2,817 sqft
    Cap Rate: 6.26%

  • Shopping Strip

    San Jose, CA
    Price: $2,130,000
    Size: 6,750 sqft
    Cap Rate: 6.99%

  • CARROW'S RESTAURANT

    CARROW'S RESTAURANT

    Net Leased No Tenant Specified

    Sunnyvale, CA
    Price: $2,130,000
    Size: 5,170 sqft
    Cap Rate: 6.76%

  • 10615 S. De Anza Boulevard

    10615 S. De Anza Boulevard

    Single-Tenant Office

    Cupertino, CA
    Price: $2,125,000
    Size: 3,550 sqft
    Cap Rate: 5.91%

  • 2710 McKee Road & 298 Capital Avenue

    2710 McKee Road & 298 Capital Avenue

    Shopping Strip

    San Jose, CA
    Price: $2,100,000
    Size: 5,390 sqft
    Cap Rate: 1.98%

  • Applebee's

    Applebee's

    Net Leased Restaurant

    Lubbock, TX
    Size: 5,395 sqft
    Cap Rate: 6.75%

  • Chipotle

    Chipotle

    Urban-High Street Net Leased

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

  • 100 W. Hamilton Avenue

    100 W. Hamilton Avenue

    Shopping Strip

    Campbell, CA
    Price: $2,065,000
    Size: 7,465 sqft
    Cap Rate: 7.26%

  • Jack in the Box

    Jack in the Box

    Net Leased Restaurant

    Humble, TX
    Size: 2,518 sqft
    Cap Rate: 7.00%

  • 2538 Old Middlefield Road

    2538 Old Middlefield Road

    Industrial Office Warehouse

    Mountain View, CA
    Price: $2,050,000
    Cap Rate: 7.02%

  • Sizzler

    Sizzler

    Net Leased Restaurant

    Newark, CA
    Price: $2,050,000
    Size: 6,700 sqft
    Cap Rate: 5.86%

  • 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%

  • Damon's

    Damon's

    Net Leased Restaurant

    Martinsville, IN
    Price: $2,047,058
    Size: 7,674 sqft
    Cap Rate: 8.50%

  • IHOP Restaurant

    IHOP Restaurant

    Net Leased Restaurant

    Pasadena, TX
    Size: 4,662 sqft
    Cap Rate: 6.25%

  • Jack in the Box

    Jack in the Box

    Net Leased Restaurant

    Broomfield, CO
    Price: $2,030,000
    Size: 2,771 sqft
    Cap Rate: 7.00%

There are additional transactions closed, contact us for more.