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Southfield, Michigan

Detroit Office

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2 Towne Square, Suite 450
Southfield, MI 48076
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Phone: (248) 415-2600
Fax: (248) 415-2610

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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.

Steven Chaben

Steven Chaben

Senior Vice President / Regional Manager
View Detroit agents & originators

The Detroit Office

The Detroit 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. Detroit 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 Detroit MSA and throughout the Midwest. The office also offers loan origination services through Marcus & Millichap Capital Corporation representatives.

CURRENT MIDWEST 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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Office

Dexter Drive Office

Elkhart, IN

Price/Gross SF: $105.76

Cap Rate: 7.25%

Listing Price: $1,833,000

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Net Lease

Caliber Collision | NN 9+ Years Remaining | 2% Annual Increases | $42K Renovations | Mansfield, OH

Mansfield, OH

Years Remaining On Lease: 9.5

Cap Rate: 7.10%

Listing Price: $1,166,197

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Net Lease

For Lease or For Sale | Freestanding Health Club | Lansing, IL | 47K+ SF | Chicago MSA

Lansing, IL

Listing Price: $4,000,000

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Hospitality/Golf

Fairfield Inn Battle Creek

Battle Creek, MI

Price/Room: $87,162

Cap Rate: 7.18%

Listing Price: $6,450,000

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Apartments

6501 South Maplewood Avenue

Chicago, IL

Number of Units: 11

Cap Rate: 8.27%

Listing Price: $850,000

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Net Lease

Taco John's - Near University (4,135 Students)

Thief River Falls, MN

Cap Rate: 6.75%

Listing Price: $1,466,000

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Net Lease

Surgery Center Sale-Leaseback | Fairview Heights

Fairview Heights, IL

Cap Rate: 7.15%

Listing Price: $4,282,225

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Net Lease

Surgery Center Sale-Leaseback | O'Fallon

O'Fallon, IL

Cap Rate: 7.15%

Listing Price: $6,276,600

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Industrial

1490 Fort Harrison Rd

Terre Haute, IN

Price/Gross SF: $51.89

Cap Rate: 9.15%

Listing Price: $2,750,000

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Office

The Winbury Professional Center | Class-A Suburb Office

Chagrin Falls, OH

Price/Gross SF: $146.74

Cap Rate: 9.25%

Listing Price: $7,975,000

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Net Lease

o2b Kids! | 2.00% Annual Increases | 19+ Years Remaining on a 20-Year Lease

Columbia, MO

Years Remaining On Lease: 19.4

Cap Rate: 7.00%

Listing Price: $5,177,000

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Net Lease

o2b Kids! | 2.00% Annual Increases | 19+ Years Remaining on a 20-Year Lease

O'Fallon, MO

Years Remaining On Lease: 19.4

Cap Rate: 6.65%

Listing Price: $3,495,000

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Net Lease

o2b Kids! | 2.00% Annual Increases | 14+ Years Remaining on a 15-Year Lease

St. Louis, MO

Years Remaining On Lease: 14.4

Cap Rate: 7.25%

Listing Price: $2,550,000

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Net Lease

Scooter's Coffee

Hiawatha, IA

Cap Rate: 6.75%

Listing Price: $1,200,000

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Net Lease

Dollar General | Cardington, OH

Cardington, OH

Years Remaining On Lease: 9.9

Cap Rate: 7.00%

Listing Price: $1,278,000

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Properties

RECENT MIDWEST 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.

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

mm industrial

Market Report

2024 U.S. Industrial Investment Forecast

2024 Outlook

Retail

Research Brief

Retail Sales

March 2024

Research Video

Why Aren't We Seeing More CRE Distress?

March 18, 2024

Research Video

How Nearshoring Could Impact CRE

March 11, 2024

Employment

Research Brief

Employment

March 2024

Research Video

CRE Transaction Velocity Outlook

March 7, 2024

Research Video

January CRE Foreclosures

March 4, 2024

Seniors Housing

Special Report

Senior Housing National Report

1H 2024

Medical

Special Report

Skilled Nursing National Report

1H 2024

mm hospitality

Market Report

2024 Hospitality Investment Forecast

2024 Outlook

Housing

Research Brief

Housing

February 2024

Keep Exploring

Research

RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

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

Autozone Orland Park

Press Releases

Marcus & Millichap Arranges the Sale of a 13,926-Square-Foot Illinois Retail Center

Marcus & Millichap announced today the sale of an Autozone Anchored Retail Center, a nearly 14,000 square foot retail property located in Orland Park, Illinois

March 19, 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

First Avenue Apartments

Press Releases

Marcus & Millichap Closes Minneapolis Apartment Asset Sale

Marcus & Millichap announced today the sale of 1900-1904 1st Avenue S, a two building apartment community totaling fifty-two units in the City of Minneapolis, Minnesota

March 14, 2024

The Highlands

Press Releases

Marcus & Millichap Arranges the Sale of a 100-Unit Apartment Building in Minnesota

Marcus & Millichap announced today the sale of The Highlands, a 100-unit apartment property located in St. Cloud, Minnesota

March 05, 2024

La Quinta Inn

Press Releases

Marcus & Millichap Arranges the Sale of a 108-Room Hospitality Property in Minnesota

Marcus & Millichap announced today the sale of La Quinta Inn & Suites St. Paul-Woodbury, a 108-room hospitality property located in Woodbury, MN

March 04, 2024

Inside Self-Storage World Expo
Industry Events

Inside Self-Storage World Expo

Caesars Forum Conference Center, Las Vegas, NV
April 2 – April 5, 2024
AAHOACON 2024
Industry Events

AAHOACON 2024

Orange County Convention Center, Orlando, FL
April 2 – April 5, 2024
MHI 2024 Congress & Expo
Industry Events

MHI 2024 Congress & Expo

MGM Grand Las Vegas, NV
April 3 – April 4, 2024
GlobeSt. Net Lease Spring
Industry Events

GlobeSt. Net Lease Spring

New York Marriot Marquis, New York, NY
April 16 – April 17, 2024
Chicago & The Midwest Multifamily Forum
Marcus & Millichap Events

Chicago & The Midwest Multifamily Forum

Hyatt Lodge Oak Brook, Chicago, IL
April 18, 2024
Gallatin Apts

Press Releases

Marcus & Millichap Arranges the Sale of a 27-Unit Apartment Property in Wauwatosa, Wisconsin

Marcus & Millichap announced the sale of Gallatin Apartments, located in Wauwatosa, Wisconsin

February 29, 2024

Onan Senior

Press Releases

Marcus & Millichap Arranges the Sale of 59 Condominium Units in Waukegan, Illinois

Marcus & Millichap announced today the sale of 59 condominium units from Onan Senior Suites, a building that consists of a total of 96 condominium units, located in Waukegan, Illinois

February 29, 2024

MDHHS Hart MI

Press Releases

Marcus & Millichap Arranges the Sale of a 16,040-Square Foot Michigan Office Building

Marcus & Millichap announced today the sale of a 16,040-square foot office property locaed in Hart, Michigan

February 28, 2024

Blaine Strip

Press Releases

Marcus & Millichap Arranges the Sale of a 14,005-Square Foot Retail Property in Minneapolis

Marcus & Millichap announced today the sale of Blaine Strip Center, a 14,005-square foot retail property located in Minneapolis, Minnesota

February 22, 2024

Keep Exploring

News & Events