Marcus & Millichap

Justin R. Sturdivant

Overview

Justin Sturdivant joined Marcus & Millichap in 2007. Since joining Marcus & Millichap, Mr. Sturdivant has been responsible for evaluating over $5 Billion of commercial real estate assets. His experience, attention to detail and ability to audit a property's financials, leases and position in the market place are tremendous assets to his clients. 

Since joining Marcus & Millichap, Justin has played an integral role in over $500 Million of commercial real estate transactions. These transactions include Single Tenant Retail & Office properties, as well as Multi Tenant Shopping Centers and Office and Industrial Buildings nationally. In 2009, Justin built a team of highly skilled associates to accommodate the needs of his clients. In 2013, Justin and his team recorded over $100 Million in sales for the calendar year, and with the team in place has continued that trend of success with his clients.
 
In 2015, Mr. Sturdivant transferred to Marcus & Millichap's Nashville office in order to build and help owners in the middle market arena, "The SEC states," as Justin likes to say. Justin is able to provide clients in the middle markets with a team of seasoned professionals to achieve their goals. Justin's team is dedicated to the success of their clients and by providing them with detailed, accurate and up-to-date market information in order to navigate the market and deliver a smooth, expedited transaction process. 


Mr. Sturdivant graduated from Jacksonville University, with a B.A. in Finance and a concentration in Mathematics. While attending Jacksonville University, Mr. Sturdivant played collegiate football as a middle linebacker for the Dolphins. In his spare time, Justin enjoys spending time with his family and friends, fishing, following SEC football and golfing.  

Nashville
Justin R. Sturdivant

Justin R. Sturdivant

Senior Associate
Tel: (615) 997-2851
Fax: (786) 522-7010

License:  TN  333898

Associate Member - National Retail Group
Member - National Office and Industrial Properties Group
Associate Director - Net Leased Properties Group

Promoted to Senior Associate in June, 2018

Jacksonville University, Finance with a Concentration in Mathematics, 2006

Sales Recognition Award: 2016

Our Team

Justin R. Sturdivant, Dan Shafer, Debra Franklin, Derek Byers


Team Members:

Listed Properties

Transactions Closed

  • Saint Thomas Health

    Saint Thomas Health

    Office Medical

    Murfreesboro, TN
    Price: $12,395,845
    Cap Rate: 6.10%

  • Doral Redevelopment Site

    Doral Redevelopment Site

    Land - Mixed-Use

    Miami, FL
    Price: $6,400,000
    Size: 67,957 sqft

  • Brookshire's Anchored Shopping Center

    Brookshire's Anchored Shopping Center

    Shopping Neighborhood

    Springtown, TX
    Size: 62,718 sqft
    Size: 07 units
    Cap Rate: 8.37%

  • Fort Worth Value Add Shopping Center Portfolio

    Fort Worth Value Add Shopping Center Portfolio

    Shopping Neighborhood

    Fort Worth, TX
    Size: 145,282 sqft
    Size: 29 units
    Cap Rate: 9.17%

  • Outback Steakhouse - Temple Terrace

    Outback Steakhouse - Temple Terrace

    Net Leased Restaurant

    Temple Terrace, FL
    Price: $4,745,727
    Size: 6,163 sqft
    Cap Rate: 5.50%

  • Outback Steakhouse - Ocala

    Outback Steakhouse - Ocala

    Net Leased Restaurant

    Ocala, FL
    Price: $4,744,679
    Size: 5,931 sqft
    Cap Rate: 5.62%

  • Griffin Gate Medical Center

    Griffin Gate Medical Center

    Office Medical

    Hopkinsville, KY
    Price: $4,561,687
    Cap Rate: 8.30%

  • Taco Bell-Jiffy Lube

    Taco Bell-Jiffy Lube

    Net Leased Restaurant

    Biddeford, ME
    Price: $3,942,273
    Size: 7,074 sqft
    Cap Rate: 6.25%

  • Outback Steakhouse | Corporate Guarantee

    Outback Steakhouse | Corporate Guarantee

    Net Leased Restaurant

    Charlotte, NC
    Price: $3,769,800
    Size: 8,031 sqft
    Cap Rate: 5.84%

  • Logan's Roadhouse

    Logan's Roadhouse

    Net Leased Restaurant

    Dickson, TN
    Price: $3,602,400
    Size: 6,500 sqft
    Cap Rate: 7.25%

  • Northwood Shopping Center | NNN | Shreveport, LA

    Northwood Shopping Center | NNN | Shreveport, LA

    Shopping Strip

    Shreveport, LA
    Price: $3,564,000
    Size: 20,920 sqft
    Cap Rate: 8.15%

  • Palmer  Block Building

    Palmer Block Building

    Office & Retail

    Huntsville, AL
    Price: $3,500,000
    Size: 230,000 sqft
    Cap Rate: 7.46%

  • Columbia Square

    Columbia Square

    Shopping Strip

    Columbia, TN
    Price: $3,350,000
    Size: 16,458 sqft
    Size: 08 units
    Cap Rate: 7.22%

  • Outback Steakhouse | Corporate Guaranty

    Outback Steakhouse | Corporate Guaranty

    Net Leased Restaurant

    Cleveland (Chattanooga MSA), TN
    Price: $3,299,450
    Size: 6,547 sqft
    Cap Rate: 5.84%

  • Logan's Roadhouse - 20 Year Lease

    Logan's Roadhouse - 20 Year Lease

    Net Leased Restaurant

    Gallatin, TN
    Price: $3,175,000
    Size: 7,927 sqft
    Cap Rate: 8.08%

  • Villages of Insbrooke

    Villages of Insbrooke

    Shopping Regional

    Murfreesboro, TN
    Price: $3,169,500
    Size: 30,505 sqft
    Size: 06 units
    Cap Rate: 4.07%

  • Outback Steakhouse | Corporate Guaranty

    Outback Steakhouse | Corporate Guaranty

    Net Leased Restaurant

    Clarksville (Nashville MSA), TN
    Price: $3,167,250
    Size: 6,163 sqft
    Cap Rate: 5.84%

  • Kirkland's | Shipley Donuts

    Kirkland's | Shipley Donuts

    Net Leased Miscellaneous

    Flowood, MS
    Price: $3,130,000
    Size: 12,000 sqft
    Cap Rate: 6.84%

  • Zaxby's Antioch, TN

    Zaxby's Antioch, TN

    Net Leased Restaurant

    Antioch, TN
    Price: $3,000,000
    Size: 3,667 sqft
    Cap Rate: 6.60%

  • Outback Steakhouse - Corporate Guaranty

    Outback Steakhouse - Corporate Guaranty

    Net Leased Restaurant

    Cookeville, TN
    Price: $2,949,600
    Size: 6,163 sqft
    Cap Rate: 5.84%

  • Taco Bell - Fleming Island, FL

    Taco Bell - Fleming Island, FL

    Net Leased Restaurant

    Fleming Island, FL
    Price: $2,898,000
    Size: 2,188 sqft
    Cap Rate: 5.50%

  • Burger King - Jacksonville, FL

    Burger King - Jacksonville, FL

    Net Leased Restaurant

    Jacksonville, FL
    Price: $2,804,000
    Size: 2,866 sqft
    Size: 01 units
    Cap Rate: 5.40%

  • Taco Bell - Palm Bay, FL

    Taco Bell - Palm Bay, FL

    Net Leased Restaurant

    Palm Bay, FL
    Price: $2,785,000
    Size: 2,053 sqft
    Size: 01 units
    Cap Rate: 5.27%

  • Zaxby's

    Zaxby's

    Net Leased Restaurant

    Nashville, TN
    Price: $2,750,000
    Size: 4,212 sqft
    Cap Rate: 6.50%

  • Wendy's

    Wendy's

    Net Leased Restaurant

    Spartanburg, SC
    Price: $2,725,000
    Size: 2,972 sqft
    Cap Rate: 7.19%

  • Taco Bell - Minneola, FL

    Taco Bell - Minneola, FL

    Net Leased Restaurant

    Minneola, FL
    Price: $2,722,167
    Cap Rate: 5.40%

  • Arby's (Corporate)

    Arby's (Corporate)

    Net Leased Restaurant

    Hope Mills, NC
    Price: $2,675,000
    Size: 3,003 sqft
    Cap Rate: 6.10%

  • 7-Eleven

    7-Eleven

    Net Leased Auto Service - Gas/Conv.

    Ormond Beach, FL
    Price: $2,625,000
    Size: 3,230 sqft
    Cap Rate: 5.60%

  • Popeyes - Homestead, FL (Miami MSA)

    Popeyes - Homestead, FL (Miami MSA)

    Net Leased Restaurant

    Homestead, FL
    Price: $2,620,000
    Size: 2,287 sqft
    Cap Rate: 5.67%

  • Advance Auto Parts

    Advance Auto Parts

    Net Leased Auto Parts

    Nashville, TN
    Price: $2,606,663
    Size: 6,897 sqft
    Cap Rate: 6.45%

  • Taco Bell

    Taco Bell

    Net Leased Restaurant

    Dunnellon, FL
    Price: $2,600,000
    Size: 2,053 sqft
    Cap Rate: 5.53%

  • Taco Bell | Leesburg, FL

    Taco Bell | Leesburg, FL

    Net Leased Restaurant

    Leesburg, FL
    Price: $2,585,440
    Size: 2,188 sqft
    Cap Rate: 5.90%

  • Popeyes - Jacksonville, FL

    Popeyes - Jacksonville, FL

    Net Leased Restaurant

    Jacksonville, FL
    Price: $2,585,000
    Size: 2,265 sqft
    Cap Rate: 5.88%

  • 2996 Apalachee Pkwy

    2996 Apalachee Pkwy

    Net Leased Restaurant

    Tallahassee, FL
    Price: $2,576,324
    Size: 2,265 sqft
    Cap Rate: 5.85%

  • Taco Bell - Umatilla, FL

    Taco Bell - Umatilla, FL

    Net Leased Restaurant

    Umatilla, FL
    Price: $2,570,000
    Size: 2,079 sqft
    Cap Rate: 5.39%

  • Outback Steakhouse - Corporate Guaranty

    Outback Steakhouse - Corporate Guaranty

    Net Leased Restaurant

    Lebanon (Nashville MSA), TN
    Price: $2,563,900
    Size: 6,163 sqft
    Cap Rate: 5.83%

  • Popeyes - Fort Pierce, FL

    Popeyes - Fort Pierce, FL

    Net Leased Restaurant

    Fort Pierce, FL
    Price: $2,528,486
    Size: 2,265 sqft
    Size: 01 units
    Cap Rate: 5.55%

  • Popeyes - Jacksonville, FL

    Popeyes - Jacksonville, FL

    Net Leased Restaurant

    Jacksonville, FL
    Price: $2,526,220
    Size: 2,265 sqft
    Cap Rate: 5.90%

  • Popeyes - Pace, FL (Pensacola MSA)

    Popeyes - Pace, FL (Pensacola MSA)

    Net Leased Restaurant

    Pace, FL
    Price: $2,505,000
    Size: 2,265 sqft
    Cap Rate: 5.96%

  • Popeyes - Jacksonville (Merrill Road)

    Popeyes - Jacksonville (Merrill Road)

    Net Leased Restaurant

    Jacksonville, FL
    Price: $2,500,000
    Size: 2,265 sqft
    Cap Rate: 5.76%

  • Burger King | Russellville, KY

    Burger King | Russellville, KY

    Net Leased Restaurant

    Russellville, KY
    Price: $2,477,900
    Size: 3,514 sqft
    Cap Rate: 6.17%

  • Popeyes - Savannah, GA

    Popeyes - Savannah, GA

    Net Leased Restaurant

    Garden City, GA
    Price: $2,463,000
    Cap Rate: 5.75%

  • Burger King - Green Cove Springs, FL

    Burger King - Green Cove Springs, FL

    Net Leased Restaurant

    Green Cove Springs, FL
    Price: $2,460,000
    Size: 2,866 sqft
    Cap Rate: 5.80%

  • Burger King - Smyrna

    Burger King - Smyrna

    Net Leased Restaurant

    Smyrna, TN
    Price: $2,451,000
    Size: 3,308 sqft
    Cap Rate: 5.51%

  • Taco Bell

    Taco Bell

    Net Leased Restaurant

    East Palatka, FL
    Price: $2,450,000
    Size: 2,558 sqft
    Size: 01 units
    Cap Rate: 5.51%

  • Popeyes - Ellenton, FL

    Popeyes - Ellenton, FL

    Net Leased Restaurant

    Ellenton, FL
    Price: $2,435,445
    Size: 2,265 sqft
    Cap Rate: 5.95%

  • Popeyes - Warner Robins, GA

    Popeyes - Warner Robins, GA

    Net Leased Restaurant

    Warner Robins, GA
    Price: $2,429,642
    Size: 2,265 sqft
    Cap Rate: 5.60%

  • Zaxby's | Hixson

    Zaxby's | Hixson

    Net Leased Restaurant

    Hixson, TN
    Price: $2,425,000
    Size: 3,500 sqft
    Cap Rate: 7.42%

  • Zaxby's | Murfreesboro

    Zaxby's | Murfreesboro

    Net Leased Restaurant

    Murfreesboro, TN
    Price: $2,419,200
    Size: 2,914 sqft
    Cap Rate: 6.75%

  • Redmond Plaza

    Redmond Plaza

    Shopping Regional

    Cedartown, GA
    Price: $2,375,000
    Size: 52,614 sqft
    Size: 07 units
    Cap Rate: 8.40%

  • SunTrust Bank

    SunTrust Bank

    Net Leased Bank

    Nashville, TN
    Price: $2,327,792
    Size: 5,498 sqft
    Cap Rate: 5.45%

  • Popeyes Louisiana Kitchen

    Popeyes Louisiana Kitchen

    Net Leased Restaurant

    Macclenny, FL
    Price: $2,318,573
    Size: 2,265 sqft
    Size: 01 units
    Cap Rate: 5.75%

  • Popeyes - 15 Years

    Popeyes - 15 Years

    Net Leased Restaurant

    Crestview, FL
    Price: $2,253,658
    Size: 2,265 sqft
    Cap Rate: 5.85%

  • Popeyes - Dublin, GA

    Popeyes - Dublin, GA

    Net Leased Restaurant

    Dublin, GA
    Price: $2,250,000
    Cap Rate: 5.95%

  • Popeyes - Warner Robins, GA

    Popeyes - Warner Robins, GA

    Net Leased Restaurant

    Warner Robins, GA
    Price: $2,249,595
    Size: 2,265 sqft
    Cap Rate: 5.88%

  • Popeyes - Pensacola, FL

    Popeyes - Pensacola, FL

    Net Leased Restaurant

    Pensacola, FL
    Price: $2,235,000
    Size: 2,500 sqft
    Cap Rate: 5.75%

  • Popeyes | 15-Years | 130-Unit Guarantee

    Popeyes | 15-Years | 130-Unit Guarantee

    Net Leased Restaurant

    Brunswick, GA
    Price: $2,192,438
    Size: 2,265 sqft
    Cap Rate: 5.96%

  • POPEYES - PERRY, GA

    POPEYES - PERRY, GA

    Net Leased Restaurant

    Perry, GA
    Price: $2,152,000
    Size: 2,265 sqft
    Cap Rate: 6.15%

  • Burger King - Aiken, SC

    Burger King - Aiken, SC

    Net Leased Restaurant

    Aiken, SC
    Price: $2,150,000
    Size: 2,854 sqft
    Cap Rate: 6.51%

  • Burger King | Columbia, SC MSA

    Burger King | Columbia, SC MSA

    Net Leased Restaurant

    Leesville, SC
    Price: $2,100,000
    Size: 2,727 sqft
    Cap Rate: 6.67%

  • Zaxby's

    Zaxby's

    Net Leased Restaurant

    Corinth, MS
    Size: 4,413 sqft

  • Burger King | 19 Years NNN

    Burger King | 19 Years NNN

    Net Leased Restaurant

    Fredericksburg, VA
    Price: $2,059,548
    Size: 4,074 sqft
    Cap Rate: 5.75%

  • Popeyes - East Palatka, FL

    Popeyes - East Palatka, FL

    Net Leased Restaurant

    East Palatka, FL
    Price: $2,058,500
    Size: 47,378 sqft
    Cap Rate: 5.85%

  • Burger King | Nashville MSA

    Burger King | Nashville MSA

    Net Leased Restaurant

    Clarksville, TN
    Price: $2,050,000
    Cap Rate: 5.83%

  • Burger King - Clayton, NC

    Burger King - Clayton, NC

    Net Leased Restaurant

    Clayton, NC
    Price: $2,050,000
    Size: 4,160 sqft
    Cap Rate: 5.71%

  • AT&T

    AT&T

    Net Leased Electronics

    Columbia, TN
    Price: $2,000,000
    Size: 3,500 sqft
    Cap Rate: 6.65%

  • Burger King | Rio Grande, NJ

    Burger King | Rio Grande, NJ

    Net Leased Restaurant

    Rio Grande, NJ
    Price: $2,000,000
    Size: 2,860 sqft
    Cap Rate: 6.00%

  • Burger King | English Creek, NJ

    Burger King | English Creek, NJ

    Net Leased Restaurant

    Egg Harbor Township , NJ
    Price: $2,000,000
    Size: 3,250 sqft
    Cap Rate: 6.00%

  • Popeyes - Hazlehurst, GA

    Popeyes - Hazlehurst, GA

    Net Leased Restaurant

    Hazlehurst, GA
    Price: $1,968,000
    Size: 43,250 sqft
    Cap Rate: 6.25%

  • Zaxby's | Dickson

    Zaxby's | Dickson

    Net Leased Restaurant

    Dickson, TN
    Price: $1,957,500
    Size: 3,220 sqft
    Cap Rate: 7.06%

  • Burger King - Mayfield

    Burger King - Mayfield

    Net Leased Restaurant

    Mayfield, KY
    Price: $1,900,000
    Size: 3,472 sqft
    Cap Rate: 6.27%

  • I-24 IHop

    I-24 IHop

    Net Leased Restaurant

    Nashville, TN
    Price: $1,900,000
    Size: 4,944 sqft
    Cap Rate: 9.85%

  • Popeyes - Macon, GA MSA

    Popeyes - Macon, GA MSA

    Net Leased Restaurant

    Gray, GA
    Price: $1,886,179
    Size: 2,265 sqft
    Cap Rate: 6.15%

  • Burger King - Raleigh, NC

    Burger King - Raleigh, NC

    Net Leased Restaurant

    Raleigh, NC
    Price: $1,880,000
    Size: 3,540 sqft
    Cap Rate: 5.59%

  • Burger King

    Burger King

    Net Leased Restaurant

    South Holland, IL
    Price: $1,875,000
    Size: 3,446 sqft
    Cap Rate: 6.67%

  • Burger King Ground Lease - Jacksonville, FL

    Burger King Ground Lease - Jacksonville, FL

    Net Leased Restaurant

    Jacksonville, FL
    Price: $1,850,000
    Size: 3,346 sqft
    Cap Rate: 5.14%

  • Popeyes | Florence, AL (Muscle Shoals)

    Popeyes | Florence, AL (Muscle Shoals)

    Net Leased Restaurant

    Florence, AL
    Price: $1,825,000
    Size: 2,157 sqft
    Cap Rate: 5.82%

  • Popeyes - New 15-Year Lease

    Popeyes - New 15-Year Lease

    Net Leased Restaurant

    Perry, FL
    Price: $1,815,383
    Size: 2,265 sqft
    Cap Rate: 6.36%

  • Popeyes - West Point, MS

    Popeyes - West Point, MS

    Net Leased Restaurant

    West Point, MS
    Price: $1,795,000
    Size: 2,746 sqft
    Cap Rate: 6.20%

  • Burger King | 20 Year Lease | Birmingham MSA

    Burger King | 20 Year Lease | Birmingham MSA

    Net Leased Restaurant

    Springville, AL
    Price: $1,770,800
    Cap Rate: 6.00%

  • Burger King | 19-Year NNN Lease

    Burger King | 19-Year NNN Lease

    Net Leased Restaurant

    Spotsylvania, VA
    Price: $1,755,000
    Size: 4,334 sqft
    Cap Rate: 5.55%

  • Burger King | Corsicana, TX

    Burger King | Corsicana, TX

    Net Leased Restaurant

    Corsicana, TX
    Size: 4,025 sqft
    Cap Rate: 6.62%

  • Circle K

    Circle K

    Net Leased Auto Service - Gas/Conv.

    Sarasota, FL
    Price: $1,726,200
    Size: 1,560 sqft
    Cap Rate: 7.94%

  • Starbucks | 11+ Years Remaining

    Starbucks | 11+ Years Remaining

    Net Leased Restaurant

    Clarksville, TN
    Price: $1,712,000
    Size: 1,850 sqft
    Cap Rate: 5.25%

  • Chick-Fil-A (Nashville MSA)

    Chick-Fil-A (Nashville MSA)

    Net Leased Restaurant

    Hermitage, TN
    Price: $1,676,346
    Size: 4,252 sqft
    Cap Rate: 4.69%

  • Former Walgreens / Rite Aid

    Former Walgreens / Rite Aid

    Net Leased Drug Store

    Clarksville, TN
    Price: $1,625,000
    Size: 11,200 sqft
    Cap Rate: 14.29%

  • Popeyes | 20-Year NNN Lease

    Popeyes | 20-Year NNN Lease

    Net Leased Restaurant

    Macon, GA
    Price: $1,515,000
    Size: 2,078 sqft
    Cap Rate: 5.94%

  • Burger King | 19-Year NNN Lease

    Burger King | 19-Year NNN Lease

    Net Leased Restaurant

    Locust Grove, VA
    Price: $1,475,200
    Size: 3,725 sqft
    Cap Rate: 5.59%

  • Burger King | 19-Year NNN Lease

    Burger King | 19-Year NNN Lease

    Net Leased Restaurant

    Fredericksburg, VA
    Price: $1,472,800
    Size: 3,914 sqft
    Cap Rate: 5.50%

  • Walmart Outparcel Shopping Center

    Walmart Outparcel Shopping Center

    Shopping Strip

    Byram, MS
    Price: $1,430,000
    Size: 5,300 sqft
    Cap Rate: -2.26%

  • Bressler Medical Building

    Bressler Medical Building

    Single Tenant Office Medical

    Hopkinsville, KY
    Price: $1,379,229
    Size: 7,360 sqft
    Cap Rate: 7.62%

  • Family Dollar

    Family Dollar

    Net Leased Discount

    Daytona Beach, FL
    Price: $1,342,155
    Size: 10,321 sqft
    Cap Rate: 7.50%

  • Burger King

    Burger King

    Net Leased Restaurant

    Lynchburg, VA
    Price: $1,288,890
    Size: 2,648 sqft
    Cap Rate: 5.50%

  • Popeyes

    Popeyes

    Net Leased Restaurant

    Macon, GA
    Price: $1,175,000
    Size: 2,078 sqft
    Cap Rate: 6.28%

  • Burger King - New Construction

    Burger King - New Construction

    Net Leased Restaurant

    South Milwaukee, WI
    Price: $1,153,800
    Size: 2,908 sqft

  • Sonic | Tampa, FL

    Sonic | Tampa, FL

    Net Leased Restaurant

    Tampa, FL
    Price: $1,115,000
    Size: 1,556 sqft
    Cap Rate: 5.61%

  • Sonic Drive-In

    Sonic Drive-In

    Net Leased Restaurant

    Spartanburg, SC
    Price: $1,075,000
    Size: 1,740 sqft
    Cap Rate: 6.05%

  • Dunkin

    Dunkin

    Net Leased Restaurant

    Cape Girardeau, MO
    Price: $960,000
    Size: 1,928 sqft
    Cap Rate: 6.25%

  • Captain D's

    Captain D's

    Net Leased Restaurant

    Mount Juliet, TN
    Price: $867,809
    Size: 2,991 sqft
    Cap Rate: 5.85%

  • Dairy Queen

    Dairy Queen

    Net Leased Restaurant

    West Chester, OH
    Price: $845,000
    Size: 2,326 sqft
    Cap Rate: 6.56%

There are additional transactions closed, contact us for more.