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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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Net Lease

Eddie Merlot's (Dividend Restaurant Group) | Solid Rent-to-Sales Ratio

Warrenville, IL

Years Remaining On Lease: 4.5

Cap Rate: 8.00%

Listing Price: $2,250,000

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Industrial

1175 Central Avenue

University Park, IL

Price/Gross SF: $69.28

Cap Rate: 9.01%

Listing Price: $5,300,000

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Net Lease

Chipotle Drive-Thru | 10% Increases Every 5 Years

Dayton, OH

Years Remaining On Lease: 13.9

Cap Rate: 5.50%

Listing Price: $2,314,000

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Net Lease

Dollar General

Polo, IL

Years Remaining On Lease: 5.9

Cap Rate: 8.75%

Listing Price: $851,429

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Net Lease

Outback Steakhouse | Ground Lease | Extremely Strong Demos w/ $210k AHHI

West Chester, OH

Years Remaining On Lease: 9.8

Cap Rate: 5.25%

Listing Price: $3,525,000

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Net Lease

KinderCare

Omaha, NE

Years Remaining On Lease: 14.8

Cap Rate: 5.90%

Listing Price: $6,956,521

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Net Lease

Former Perkins | Strong Performing Location | 3 Parcels

Cambridge, MN

Listing Price: $2,200,000

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Net Lease

Bank of America (Ground Lease)

Chicago, IL

Years Remaining On Lease: 5.3

Cap Rate: 7.00%

Listing Price: $4,461,000

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Net Lease

Chipotle Drive-Thru | 12-Yr. Corporate Lease

Muskegon, MI

Years Remaining On Lease: 10.4

Cap Rate: 6.00%

Listing Price: $1,918,000

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Net Lease

Applebee's Ground Lease

Poplar Bluff, MO

Years Remaining On Lease: 8.0

Cap Rate: 6.50%

Listing Price: $1,262,000

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Net Lease

Dollar General

Atwater, MN

Years Remaining On Lease: 7.1

Cap Rate: 7.75%

Listing Price: $1,029,030

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Net Lease

Dollar General

Deer River, MN

Years Remaining On Lease: 8.3

Cap Rate: 7.75%

Listing Price: $1,120,928

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Net Lease

Walgreens | Franklin, WI

Franklin, WI

Years Remaining On Lease: 6.4

Cap Rate: 8.00%

Listing Price: $3,737,363

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Net Lease

Walgreens | +/-10.5 Years Remaining | Absolute NNN Lease | Next to Walmart | $85K 3-Mile AHHI

Bonner Springs (Kansas City MSA), KS

Years Remaining On Lease: 10.5

Cap Rate: 8.00%

Listing Price: $5,096,400

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Retail

Former Rite Aid

Mount Vernon, OH

Listing Price: $1,975,000

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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.

Research Video

The Forces Pushing the Fed to Cut Rates Soon

July 22, 2024

Retail

Research Brief

Retail Sales

July 2024

Research Video

Has the Fed Finally Reached a Tipping Point?

July 15, 2024

GDP

Research Brief

Inflation

July 2024

Employment

Research Brief

Employment

July 2024

Research Video

How Changing Behavior Is Reshaping CRE

July 8, 2024

Research Video

Get Ahead of The Fed – Why Inflation Isn’t As High As People Think

July 1, 2024

mm retail

Special Report

Retail National Report

2Q 2024

Research Video

Hard or Soft Landing? The Midyear Economic Outlook

June 24, 2024

Office

Special Report

Office National Report

2Q 2024

Medical

Special Report

Medical Office National Report

1H 2024

Research Video

Why The Fed’s So Cautious About Cutting Rates

June 17, 2024

Research Video

Perceptions of the CRE Investment Market

June 10, 2024

Employment

Research Brief

Employment

June 2024

Research Video

What's the Long Term CRE Outlook?

June 3, 2024

Keep Exploring

Research

RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

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

Burger King

Press Releases

Marcus & Millichap Arranges Sale of Chicago MSA Burger King Location for $1.6M

Marcus & Millichap announced today the sale of a net-leased Burger King location in Valparaiso, Indiana.

July 02, 2024

Pine Grove Resort

Press Releases

Marcus & Millichap Announces Sale of Pine Grove Resort in Wisconsin

Marcus & Millichap announced today the sale of Pine Grove Resort, a 45-room hotel property located on the shores of Eagle Harbor in Ephraim, Wisconsin.

July 02, 2024

SureStay Plus

Press Releases

Marcus & Millichap Facilitates Sale of SureStay Plus Hotel in North Dakota

Marcus & Millichap announced today the sale of a SureStay Plus Hotel property located in Minot, North Dakota.

July 02, 2024

Starbucks

Press Releases

Marcus & Millichap Announces Sale of Starbucks Location in Illinois

Marcus & Millichap announced today the sale of net-leased Starbucks location in Channahon, Illinois.

July 11, 2024

Target Shadowed Strip Center

Press Releases

Marcus & Millichap Arranges Sale of Target-Shadowed Retail Strip in Minnesota

Marcus & Millichap announced today the sale of a Target-shadowed retail strip located in Rochester, Minnesota.

July 15, 2024

All-City Self Storage

Press Releases

Marcus & Millichap Facilitates Sale of 441-Unit Self-Storage Property in Tennessee

Marcus & Millichap announced today the sale of All City Self Storage, a 441-unit self-storage property located in Soddy-Daisy, Tennessee in the Chattanooga MSA.

July 09, 2024

Glenstone Apartments

Press Releases

Marcus & Millichap Facilitates Sale of 44-Unit Multifamily Property in Indianapolis

Marcus & Millichap announced today the sale of Glenstone Apartments, a 44-unit multifamily property located in Indianapolis, Indiana.

July 09, 2024

AutoZone

Press Releases

Marcus & Millichap Facilitates Sale of Brand-New AutoZone Location in Florida

Marcus & Millichap announced today the sale of a net-leased AutoZone property located in Naples, Florida.

July 09, 2024

Multi-Tenant Flex

Press Releases

Marcus & Millichap Arranges Sale of Multi-Tenant Flex Properties in Ohio

Marcus & Millichap announced today the sale of 5242 Angola Road, 5333 Secor Road and 3347 McGregor Lane, multi-tenant flex properties located in Toldeo, Ohio.

July 23, 2024

Soleil Apartments

Press Releases

Marcus & Millichap Facilitates Sale of 42-Unit Mixed-Use Property in Minneapolis

Marcus & Millichap announced today the sale of Soleil Apartments, a 42-unit mixed-use property located in Minneapolis, Minnesota.

July 23, 2024

USPS

Press Releases

Marcus & Millichap Arranges $2.025M Sale of Postal Office Property in Richmond

Marcus & Millichap announced today the sale of 1121 Mall Drive, a single-tenant postal office property located in Richmond, Virginia.

July 01, 2024

Andy's Frozen Custard

Press Releases

Marcus & Millichap Arranges Sale of Net-Leased Andy’s Frozen Custard in Illinois

Marcus & Millichap announced today the sale of a net-leased Andy’s Frozen Custard in Mokena, Illinois.

July 01, 2024

Walgreens

Press Releases

Marcus & Millichap Announces Sale of Walgreens Location in Missouri

Marcus & Millichap announced today the sale of a net-leased Walgreens location in Jefferson City, Missouri.

July 09, 2024

Advantage Storage

Press Releases

Marcus & Millichap Facilitates Sale of 432-Unit Self-Storage Property in Texas

Marcus & Millichap announced today the sale of Advantage Storage, a 432-unit self-storage property located in Amarillo, Texas.

July 16, 2024

Commercial Observer

Media

Marcus & Millichap On the Science and Art of Tech and AI in Commercial Real Estate

Hessam Nadji and Richard Matricaria discuss the new era of machine learning and advanced technologies, all to enhance the same goals and policies as 50 years ago

July 17, 2024

Keep Exploring

News & Events