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Glen Allen, Virginia

Richmond Office

Contact Our Office

4401 Waterfront Drive, Suite 230
Glen Allen, VA 23060
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Phone: (804) 802-6900

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Connect With Our Team

In 1971, Marcus & Millichap was founded on a unique set of principles to maximize value for real estate investors and, in the process, revolutionized the brokerage industry.

Benjamin Yelm

Benjamin Yelm

Vice President/Regional Manager
Direct: (843) 952-2300
Charles Gallagher

Charles Gallagher

Sales Manager
Direct: (804) 802-6881
View Richmond agents & originators

The Richmond Office

The Richmond office of Marcus & Millichap provides real estate investment sales, research information and advisory services for multifamily, retail, office, single-tenant net-lease, self-storage, seniors housing, manufactured homes, hospitality, land and special assets. Richmond agents leverage the firm's national marketing platform to provide real estate investors with access to the industry's largest inventory of deliverable commercial property as well as to the largest pool of qualified private and institutional buyers and sellers. Investment specialists conduct business within the Mid-Atlantic market and throughout the state of Virginia. The office also offers loan origination services through Marcus & Millichap Capital Corporation (MMCC) representatives.

CURRENT MID-ATLANTIC LISTINGS

Your Property Search Starts Here

Finding the right investment opportunity is easy when choosing from the industry’s largest, most diverse collection of exclusive commercial real estate listings. Start your search now.

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Net Lease

Dollar General Market | Petersburg, VA

Petersburg, VA

Years Remaining On Lease: 15.0

Cap Rate: 6.40%

Listing Price: $2,508,806

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Jefferson Health | Annual Rent Increases

Lansdale, PA

Years Remaining On Lease: 8.8

Cap Rate: 6.25%

Listing Price: $3,328,000

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Industrial

214 Eastern Ave

Annapolis, MD

Price/Gross SF: $228.51

Cap Rate: 5.60%

Listing Price: $2,300,000

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Family Dollar Abs. Net

Princess Anne, MD

Years Remaining On Lease: 8.0

Cap Rate: 6.75%

Listing Price: $1,913,081

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Flagship Car Wash

Fairfax, VA

Cap Rate: 6.35%

Listing Price: $5,923,077

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Flagship Car Wash

Manassas, VA

Cap Rate: 6.65%

Listing Price: $5,187,970

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Ultimate Shine Car Wash

Cave Spring, VA

Cap Rate: 6.50%

Listing Price: $5,846,154

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Bank of America

Fredericksburg, VA

Years Remaining On Lease: 9.6

Cap Rate: 6.25%

Listing Price: $5,430,000

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Hospitality/Golf

Microtel Inn & Suites by Wyndham Hazelton Bruceton Mills

Hazelton, WV

Price/Room: $61,017

Cap Rate: 8.50%

Listing Price: $3,600,000

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Retail

Walmart Shadow Center

Morgantown, WV

Price/Gross SF: $208.06

Cap Rate: 8.00%

Listing Price: $5,080,000

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Dollar General | Absolute NNN | 8.5+ Year Left on Lease

Harrisville (Barkeyville), PA

Years Remaining On Lease: 8.5

Cap Rate: 7.25%

Listing Price: $1,370,000

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Firestone Complete Auto Care | Virginia

Staunton, VA

Years Remaining On Lease: 15.0

Cap Rate: 5.10%

Listing Price: $4,952,137

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Mixed-Use

1421 H Street NE

Washington, DC

Gross SF: 2,276

Cap Rate: 9.31%

Listing Price: $975,000

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Self-Storage

Centerville Mini Storage

South Boston, VA

Year Built: 1990

Cap Rate: 7.21%

Listing Price: $925,000

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Dollar General Market | New 15-Yr. NNN with 5% Increases

Honaker, VA

Years Remaining On Lease: 14.9

Cap Rate: 6.88%

Listing Price: $1,998,000

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Properties

RECENT MID-ATLANTIC RESEARCH

Essential Market Insights

Marcus & Millichap’s research services division is dedicated to providing our clients with cutting-edge market research and innovative insights. Browse our recent reports and videos focused on your areas of interest.

VIEW ALL MID-ATLANTIC RESEARCH VIEW ALL U.S. & CANADA RESEARCH

Research Video

Key Insights From BEC 2024

April 15, 2024

GDP

Research Brief

Inflation

April 2024

Industrial

Special Report

Cold Storage

April 2024

Retail

Special Report

Unanchored Strip Centers

April 2024

Employment

Research Brief

Employment

April 2024

Office

Special Report

Office Indicators

April 2024

Research Video

Perceptions of the Investment Market

April 1, 2024

Housing

Research Brief

Housing

March 2024

mm manufactured housing

Special Report

Manufactured Home Communities National Report

1H 2024

Research Video

Impact of the March Fed Meeting

March 25, 2024

GDP

Research Brief

Inflation

March 2024

Research Video

Why Aren't We Seeing More CRE Distress?

March 18, 2024

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Research

RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

Stay informed with the news and events impacting your investment strategy.

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Choice Hotels Annual Convention
Industry Events

Choice Hotels Annual Convention

Mandalay Bay, Las Vegas, NV
April 30 – May 2, 2024
Bay Street Estates

Press Releases

Marcus & Millichap Announces $7.8 Million Sale of Multifamily Property in Maryland

Marcus & Millichap announced today the sale of Bay Street Estates, a 56-unit multifamily property located in Berlin, Maryland.

April 03, 2024

Northbay Professional Pavilion

Press Releases

Marcus & Millichap Arranges $4.5 Million Sale of Medical Office Property in Maryland

Marcus & Millichap announced today the sale of Northbay Professional Pavilion, a medical office property located in Elkton, Md.

April 03, 2024

Globest 2024 Best Places To Work Emblem

Media

GlobeSt. 2024 Best Places to Work

CRE's Best Places To Work

April 02, 2024

San Fernando Valley Business Journal

Media

Marcus & Millichap Gets Proptech Right - San Fernando Valley Business Journal

Proptech is increasingly important to the real estate industry, and Marcus & Millichap is hoping to lead the charge. 

April 01, 2024

Rosewick Corner

Press Releases

Marcus & Millichap Arranges Sale of New Retail Center in Southern Maryland

Marcus & Millichap announced today the sale of Rosewick Corner, a newly constructed two-tenant strip center located in La Plata, Maryland.

March 29, 2024

Royersford Wawa

Press Releases

Marcus & Millichap Brokers $3.5 Million Sale of Pennsylvania Wawa

Marcus & Millichap announced today the sale of a net-leased Wawa property located at 451 W. Ridge Pike in Royersford, Penn.

March 27, 2024

The Car Wash Show
Industry Events

The Car Wash Show

Nashville, TN
May 13 – May 15, 2024
Effingham Green Condos

Press Releases

Marcus & Millichap Brokers 17-Unit Multifamily Property in Portsmouth

Marcus & Millichap announced today the sale of 1007 Green Street, a 17-unit apartment property located in Portsmouth, Va.

March 25, 2024

Highlands Self Storage

Press Releases

Marcus & Millichap Brokers the Sale of Highlands Self Storage in Franklin

Marcus & Millichap announced today the sale of Highlands Self Storage, a 53,865 square foot self-storage facility located in Franklin, N.J.

March 25, 2024

Little Bay Avenue

Press Releases

Marcus & Millichap Arranges $3.1 Million Sale of Apartment Property in Norfolk

Marcus & Millichap announced today the sale of 1314 and 1318 Little Bay Avenue, a 20-unit apartment property located in Norfolk, Va.

March 25, 2024

ICSC Las Vegas
Industry Events

ICSC LAS VEGAS

Las Vegas Concention Center, Las Vegas, NV
May 19 – May 21, 2024
CNBC Features Hessam Nadji

Video

CNBC Features Marcus & Millichap CEO Hessam Nadji

Don’t Judge the Book By Its Cover, The Real Estate Segments With a Favorable Outlook

March 15, 2024

Bloomberg Features Hessam Nadji

Video

Bloomberg Features Marcus & Millichap CEO Hessam Nadji

CRE Nuances the Media’s Been Missing, Office Real Estate Challenges and Opportunities

March 14, 2024

Bletzer Road

Press Releases

Marcus & Millichap Announces $2.6 Million Sale of Industrial Outdoor Storage Space in Maryland

Marcus & Millichap announced today the sale of 8230 Bletzer Rd., a 5.2-acre industrial outdoor storage property located in Dundalk, MD.

March 08, 2024

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News & Events