Marcus & Millichap

Karly Iacono


Karly A. Iacono began her career in real estate in 2004 after leaving a job in litigation consulting. After many successful years selling investment property along the Gulf Coast, she founded and ran Yacht
Smart, a power boat timeshare and charter business in New York harbor. Karly now leads the Iacono Retail Group of Marcus & Millichap which specializes in the sale and acquisition of single tenant net leased investments on a national basis. 

The Iacono Retail Group's extensive market knowledge and access to broad scope national inventory offers assured execution of 1031 exchanges and forward thinking acquisitions. Having represented a broad spectrum of clients from publically traded REITs to new private investors, the team consistently
proves its ability to provide tailored services perfectly matching the needs of the client.

New Jersey
Karly Iacono

Karly Iacono

First Vice President Investments
Tel: (201) 742-6119
Fax: (201) 742-6110

License:  NJ  0345216
License:  NY  10401274993

International Council of Shopping Centers
Commerical Real Estate Women of NJ (CREW NJ)

Member - Net Leased Properties Group
Associate Director - National Retail Group

Washington & Lee University

National Achievement Award: 2019, 2018
Sales Recognition Award: 2019, 2018, 2017

2015 Shooting Star Award for Outstanding Achievement

Our Team

Karly Iacono

Team Members:

  • Rachel Wilson
    Marketing Coordinator
    (201) 742-6100

Transactions Closed

  • DICK's Sporting Goods

    DICK's Sporting Goods

    Net Leased Miscellaneous

    Charlotte, NC
    Price: $16,825,000
    Size: 84,000 sqft
    Cap Rate: 7.59%

  • Miller's Ale House - Rockaway, NJ

    Miller's Ale House - Rockaway, NJ

    Net Leased Restaurant

    Rockaway, NJ
    Price: $5,128,205
    Size: 7,202 sqft
    Cap Rate: 5.85%

  • Walgreens with 10% Increases

    Walgreens with 10% Increases

    Net Leased Drug Store

    West Milford, NJ
    Price: $10,655,238
    Size: 12,350 sqft
    Cap Rate: 5.25%



    Net Leased Drug Store

    Franklin, NJ
    Price: $9,141,200
    Size: 14,820 sqft
    Cap Rate: 5.00%

  • NY Medical College Residential Hall

    NY Medical College Residential Hall

    Student Housing

    Paterson, NJ
    Price: $6,100,000
    Size: 21,350 sqft
    Size: 42 units

  • Popeyes


    Net Leased Restaurant

    Scottsburg, IN
    Price: $1,803,000
    Size: 3,000 sqft
    Cap Rate: 6.10%

  • Starbucks - Kay Jewelers

    Starbucks - Kay Jewelers

    Shopping Strip

    Pace, FL
    Price: $2,825,000
    Size: 4,975 sqft
    Size: 02 units
    Cap Rate: 6.23%

  • Walgreen's - Laurel, MD

    Walgreen's - Laurel, MD

    Net Leased Drug Store

    Laurel, MD
    Price: $7,158,610
    Size: 11,212 sqft
    Cap Rate: 1.87%

  • Dunkin' Donuts

    Dunkin' Donuts

    Net Leased Restaurant

    Philadelphia, PA
    Price: $770,000
    Size: 1,880 sqft
    Cap Rate: 5.95%

  • The Home Depot

    The Home Depot

    Net Leased Miscellaneous

    Euclid, OH
    Price: $8,171,000
    Size: 119,856 sqft
    Cap Rate: 6.50%

  • Pioneer Academy Preschool

    Pioneer Academy Preschool

    Single-Tenant Vacant/User

    Clifton, NJ
    Price: $750,000
    Size: 6,347 sqft
    Cap Rate: 8.00%

  • Walgreens


    Net Leased Drug Store

    Hamilton, NJ
    Price: $5,544,000
    Size: 14,280 sqft
    Cap Rate: 5.05%

  • Northgate Plaza (Value Add)

    Northgate Plaza (Value Add)

    Shopping Community

    Rapid City, SD
    Price: $4,350,000
    Size: 173,678 sqft
    Size: 10 units
    Cap Rate: 10.39%

  • Walgreens Leasehold - Zero Cashflow

    Walgreens Leasehold - Zero Cashflow

    Net Leased Drug Store

    Orlando, FL
    Price: $4,244,908
    Size: 16,064 sqft
    Cap Rate: 6.38%

  • The Learning Experience

    The Learning Experience

    Net Leased Child Care

    Parsippany, NJ
    Price: $3,200,000
    Size: 10,438 sqft
    Cap Rate: 9.45%

  • Texas Roadhouse

    Texas Roadhouse

    Net Leased Restaurant

    Howell, NJ
    Price: $3,100,000
    Size: 7,100 sqft
    Cap Rate: 5.16%

  • Wendy's (20-Year NNN) Cumberland

    Wendy's (20-Year NNN) Cumberland

    Net Leased Restaurant

    Cumberland, MD
    Price: $2,800,000
    Size: 3,076 sqft
    Cap Rate: 6.09%

  • Popeyes Ground Lease

    Popeyes Ground Lease

    Net Leased Restaurant

    North Bergen, NJ
    Price: $2,666,666
    Size: 2,000 sqft
    Cap Rate: 4.50%

  • Hooters Alcoa TN

    Hooters Alcoa TN

    Net Leased Restaurant

    Alcoa, TN
    Price: $2,640,000
    Size: 4,737 sqft
    Cap Rate: 6.25%

  • Burger King Sale-Leaseback

    Burger King Sale-Leaseback

    Net Leased Restaurant

    Memphis, TN
    Price: $2,500,000
    Size: 2,981 sqft
    Cap Rate: 5.85%

  • Walgreens Leasehold - Zero Cashflow

    Walgreens Leasehold - Zero Cashflow

    Net Leased Drug Store

    Orlando, FL
    Price: $2,454,993
    Size: 13,781 sqft
    Cap Rate: 6.30%

  • Burger King

    Burger King

    Net Leased Restaurant

    Ripley, TN
    Price: $2,100,000
    Size: 2,974 sqft
    Cap Rate: 7.14%

  • 107 Westervelt

    107 Westervelt

    Single-Tenant Vacant/User

    North Plainfield, NJ
    Price: $2,100,000
    Size: 17,172 sqft

  • Auto Action

    Auto Action

    Single-Tenant Industrial

    Kenilworth, NJ
    Price: $2,100,000
    Size: 17,108 sqft
    Cap Rate: 7.00%

  • Burger King

    Burger King

    Net Leased Restaurant

    Southaven, MS
    Price: $1,925,000
    Size: 3,063 sqft
    Cap Rate: 7.32%

  • Popeyes


    Net Leased Restaurant

    Johnson City, TN
    Price: $1,850,000
    Size: 3,184 sqft
    Cap Rate: 6.49%

  • Wells Fargo Bank

    Wells Fargo Bank

    Net Leased Bank

    Newnan, GA
    Price: $1,845,000
    Size: 18,300 sqft
    Cap Rate: 6.50%

  • Burger King

    Burger King

    Net Leased Restaurant

    Sanford, FL
    Price: $1,800,000
    Size: 3,861 sqft
    Cap Rate: 4.86%

  • Burger King Ground Lease

    Burger King Ground Lease

    Net Leased Restaurant

    Tampa, FL
    Price: $1,795,000
    Size: 3,800 sqft
    Cap Rate: 5.35%

  • CVS New Brunswick NJ

    CVS New Brunswick NJ

    Net Leased Drug Store

    East Brunswick, NJ
    Price: $1,625,000
    Size: 11,060 sqft
    Cap Rate: 8.58%

  • Burger King - Mountain Home AR

    Burger King - Mountain Home AR

    Net Leased Restaurant

    Mountain Home, AR
    Price: $1,500,000
    Size: 3,216 sqft
    Cap Rate: 6.00%

  • 1211 New York Ave

    1211 New York Ave

    Land - Multi-Family

    Union City, NJ
    Price: $1,600,000
    Size: 37 units

  • Burger King (Meridian Guaranty)

    Burger King (Meridian Guaranty)

    Net Leased Restaurant

    Park Rapids, MN
    Price: $1,395,000
    Size: 4,627 sqft
    Cap Rate: 5.95%

  • Family Dollar

    Family Dollar

    Net Leased Discount

    New Ellenton, SC
    Price: $1,100,000
    Size: 8,503 sqft
    Cap Rate: 6.59%

  • 121 N Michigan Avenue

    121 N Michigan Avenue

    Industrial Vacant/User

    Kenilworth, NJ
    Price: $1,050,000
    Size: 20,000 sqft