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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
Direct: (248) 415-2650
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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.

VIEW AVAILABLE MIDWEST LISTINGS VIEW AVAILABLE U.S. & CANADA LISTINGS
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Net Lease

Herself Health - Crystal, MN

Crystal, MN

Years Remaining On Lease: 14.4

Cap Rate: 7.16%

Listing Price: $4,550,000

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Net Lease

CVS - Midland MI

Midland, MI

Years Remaining On Lease: 16.8

Cap Rate: 6.50%

Listing Price: $6,067,000

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Office

Social Security Administration

Cincinnati, OH

Price/Gross SF: $370.11

Cap Rate: 7.15%

Listing Price: $5,154,839

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Apartments

623 E Groveland Park

Chicago, IL

Number of Units: 6

Cap Rate: 6.82%

Listing Price: $1,525,000

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Walgreens Relocation Store | Fresh 5YR Extension

Markham, IL

Years Remaining On Lease: 5.4

Cap Rate: 7.50%

Listing Price: $943,000

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Manufactured Housing

Junction West Coffeyville RV Park

Liberty, KS

Price/Space: $11,029

Cap Rate: 11.67%

Listing Price: $1,500,000

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Former Burger King (Auction)

Redwood Falls, MN

Listing Price: Request For Offer

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Retail

Crossing of Colerain

Cincinnati, OH

Price/Gross SF: $94.82

Cap Rate: 8.50%

Listing Price: $8,140,000

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Thelma Keller Convention Center

Effingham, IL

Years Remaining On Lease: 0.7

Listing Price: $3,600,000

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Retail

American WildBurger | Thai Square

Des Plaines, IL

Price/Gross SF: $169.20

Cap Rate: 9.50%

Listing Price: $786,758

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Hospitality/Golf

Hyatt Place Milwaukee Airport

Milwaukee, WI

Price/Room: $85,859

Cap Rate: 2.43%

Listing Price: $8,500,000

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Wendy's

Eastpointe, MI

Years Remaining On Lease: 14.2

Cap Rate: 5.80%

Listing Price: $2,700,000

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Tim Hortons Triple Net w/Over 12 Years Remaining

Moraine, OH

Years Remaining On Lease: 12.7

Cap Rate: 6.14%

Listing Price: $1,150,000

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Dollar General

Mount Olive, IL

Years Remaining On Lease: 4.9

Cap Rate: 8.50%

Listing Price: $450,353

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Advance Auto Parts

Indianapolis, IN

Years Remaining On Lease: 3.7

Cap Rate: 7.50%

Listing Price: $1,040,000

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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.

VIEW ALL MIDWEST 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

Research Video

How Aging Baby Boomers Could Impact CRE

April 8, 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

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

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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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Chicago & The Midwest Multifamily Forum
Marcus & Millichap Events

Chicago & The Midwest Multifamily Forum

Hyatt Lodge Oak Brook, Chicago, IL
April 18, 2024
GlobeSt. Net Lease Spring
Industry Events

GlobeSt. Net Lease Spring

New York Marriot Marquis, New York, NY
April 16 – April 17, 2024
Choice Hotels Annual Convention
Industry Events

Choice Hotels Annual Convention

Mandalay Bay, Las Vegas, NV
April 30 – May 2, 2024
Globest 2024 Best Places To Work Emblem

Media

GlobeSt. 2024 Best Places to Work

CRE's Best Places To Work

April 02, 2024

Urgent Care in Lebanon

Press Releases

Marcus & Millichap Arranges the Sale of a Net-Leased Urgent Care Property in Lebanon, OR

Marcus & Millichap announced today the sale of BestMed Urgent Care, a net-leased property located in Lebanon, Oregon

April 01, 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

The Car Wash Show
Industry Events

The Car Wash Show

Nashville, TN
May 13 – May 15, 2024
Urban Heights

Press Releases

Marcus & Millichap Announces the Sale of Urban Heights Storage, a 54,095-Square-Foot Self-Storage Facility in Iowa

Marcus & Millichap announced today the sale of Urban Heights Storage, a 54,095-square-foot self-storage facility located in Des Moines, Iowa

March 21, 2024

Tractor Supply Madison

Press Releases

Marcus & Millichap Announces the Sale of Tractor Supply Co-Anchored Community Shopping Center in the Cleveland MSA

Marcus & Millichap announced today the sale of Madison Shopping Center, a 72,048-square-foot community shopping center

March 20, 2024

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

ICSC Las Vegas
Industry Events

ICSC LAS VEGAS

Las Vegas Concention Center, Las Vegas, NV
May 19 – May 21, 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

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News & Events