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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

Tractor Supply | Low Price Point | Near Green Bay | New 10 Yr Lease

Chilton, WI

Years Remaining On Lease: 9.1

Cap Rate: 6.25%

Listing Price: $2,784,000

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Industrial

Auction - Chicago MSA 65,000 SF Industrial | 16 FT Clear Height

Lansing, IL

Price/Gross SF: $6.15

Listing Price: $400,000

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Net Lease

Range USA | New 20-Yr. Absolute NNN

Evansville, IN

Years Remaining On Lease: 19.3

Cap Rate: 7.25%

Listing Price: $5,482,700

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Net Lease

Absolute Net Dollar General w/Ten Years Remaining

Columbiaville, MI

Years Remaining On Lease: 9.8

Cap Rate: 7.00%

Listing Price: $1,263,000

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Net Lease

Panera Bread | New 15-Yr. Absolute NNN

Cincinnati, OH

Years Remaining On Lease: 14.8

Cap Rate: 5.35%

Listing Price: $3,754,000

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Hospitality/Golf

Hyatt Place Milwaukee Airport

Milwaukee, WI

Price/Room: $93,434

Cap Rate: 2.00%

Listing Price: $9,250,000

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Self-Storage

Air Tight Storage

Columbia, MO

Year Built: 2002

Cap Rate: 6.62%

Listing Price: $3,400,000

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Office

NORTH CENTRAL AVE OFFICE

Connersville, IN

Price/Gross SF: $24.15

Cap Rate: 9.00%

Listing Price: $500,000

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Net Lease

Dollar General Market | New 15-Yr. NNN with 5% Increases

Chaffee, MO

Years Remaining On Lease: 15.2

Cap Rate: 6.80%

Listing Price: $2,116,000

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Hospitality/Golf

Hampton Inn St. Charles St. Louis

Saint Charles, MO

Price/Room: $75,820

Cap Rate: 8.00%

Listing Price: $9,250,000

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Net Lease

Caliber Collision | 6.90% CAP | 15 Year Absolute Net Lease | Qualifies for Accelerated Depreciation

Wichita, KS

Years Remaining On Lease: 14.8

Cap Rate: 6.90%

Listing Price: $3,977,492

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Net Lease

Brand New Construction Caliber Collision | 15 Year Absolute Net Lease | Accelerated Depreciation

Springfield, MO

Years Remaining On Lease: 15.0

Cap Rate: 6.65%

Listing Price: $5,406,316

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Apartments

Whiting Place Apartments

Stevens Point, WI

Number of Units: 21

Cap Rate: 7.24%

Listing Price: $3,600,000

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Self-Storage

Stor365 Storage

Lima, OH

Year Built: 2000

Cap Rate: 6.34%

Listing Price: $1,300,000

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Net Lease

Chipotle Drive-Thru | 12-Yr. Corporate Lease

Muskegon, MI

Years Remaining On Lease: 10.8

Cap Rate: 5.70%

Listing Price: $2,019,000

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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

What Inflation Means for Investors

February 20, 2024

GDP

Research Brief

Inflation

February 2024

Retail

Market Report

2024 U.S. Retail Investment Forecast

2024 Outlook

Research Video

Employment Market and the Fed

February 12, 2024

Research Video

Suburban Office Performance Breaks From National Trend

February 7, 2024

Employment

Research Brief

Employment

February 2024

Research Video

Insights from the NMHC Conference

February 5, 2024

mm office

Market Report

2024 U.S. Office Investment Forecast

2024 Outlook

Research Video

New Supply Outlook and the Impact on CRE

January 29, 2024

mm multifamily

Market Report

2024 U.S. Multifamily Investment Forecast

2024 Outlook

Research Video

What Retail Sales Trends Mean for CRE

January 22, 2024

Research Video

Supply Chain Inflation Risk

January 16, 2024

GDP

Research Brief

Inflation

January 2024

Employment

Research Brief

Employment

January 2024

Research Video

3 Reasons CRE Activity Should Revive

January 8, 2024

Keep Exploring

Research

RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

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

Light Road Apartments in Illinois

Press Releases

Marcus & Millichap Closes Chicago-Area Apartment Asset Sale

Marcus & Millichap announced today the sale of Light Road Apartments, a 168-unit multifamily asset in Oswego, Illinois.

February 13, 2024

29990 North Skokie Highway

Press Releases

Marcus & Millichap Arranges the Sale of a 67,879-Square-Foot Industrial Building in Illinois

Marcus & Millichap announced today the sale of 29778, 29870, 29990 North Skokie Highway, a 67,879-square-foot industrial property located in Lake Bluff, Illinois. The asset sold for $9,995,000.

February 08, 2024

Dentist Dominos

Press Releases

Marcus & Millichap Arranges the Sale of a Multi-Tenant Retail Property in Raytown, Missouri

Marcus & Millichap announced today the sale of Dentist & Domino's Pizza, a 6,360-square-foot retail property located in Raytown, Missouri.

February 01, 2024

NIC 2024 Spring Conference
Industry Events

NIC 2024 Spring Conference

Omni Dallas Hotel, Dallas, TX
March 5 – March 7, 2024
Great Lakes Bay Surgery

Press Releases

Marcus & Millichap Arranges the Sale of a Multi-Tenant Medical Office in Midland, Michigan

Marcus & Millichap announced the sale of Great Lakes Bay Surgery & Endoscopy Center, a 23,420-square-foot multi-tenant medical office property located in Midland, Michigan

January 31, 2024

SSA 2024 Spring Conference & Trade Show
Industry Events

SSA 2024 Spring Conference & Trade Show

Gaylord National Resort & Convention Center, National Harbor, MD
March 12 – March 14, 2024
Hunter Hotel Investment Conference
Industry Events

Hunter Hotel Investment Conference

Atlanta Marriott Marquis, Atlanta, GA
March 19 – March 21, 2024
Yorktowne Farms Apartments in Indiana

Press Releases

Marcus & Millichap Brokers 264-Unit Multifamily Asset Sale in Suburban Indianapolis

Marcus & Millichap Brokers the Sale of Yorktowne Farms Apartments, a 264-unit Multifamily Asset in Greenwood, Indiana.

January 18, 2024

GlobeSt.com

Media

What Last Week’s Inflation Report Reveals About the State of CRE

How it might change the Fed’s interest rate cuts is only the beginning of the story.

January 17, 2024

Wingate

Press Releases

Marcus & Millichap Arranges the Sale of a 81-Room Hospitality Property in Schaumburg, Illinois

Marcus & Millichap announced today the sale of Wingate by Wyndham Schaumburg, a 81-room hospitality property located in Schaumburg, Illinois.

January 16, 2024

Empire SS

Press Releases

Marcus & Millichap Announces the Sale of Empire Self Storage in Michigan

Marcus & Millichap announced today the sale of Empire Self Storage, a 71,350-square-foot self-storage facility located in Traverse City, Michigan

January 12, 2024

Pepper Valley

Press Releases

Marcus & Millichap Arranges the Sale of a 80-Unit Apartment Building in Geneva, Illinois

Marcus & Millichap announced today the sale of Pepper Valley Apartments, a 80-unit apartment property located in Geneva, Illinois

January 10, 2024

Via Sol in St. Louis

Press Releases

Marcus & Millichap Brokers Multifamily Asset Sale in St. Louis Park Minneapolis

Marcus & Millichap Brokers Multifamily Asset Sale in St. Louis Park Minneapolis

January 09, 2024

11 W Indiana Ave

Press Releases

Marcus & Millichap Arranges the Sale of a 13-Unit Apartment Building in Hamlet, Indiana

Marcus & Millichap announced today the sale of a 13-unit apartment property, with 20 self-storage units, located in Hamlet, Indiana

January 08, 2024

Dispensary Trop Smoothie

Press Releases

Marcus & Millichap Arranges the Sale of a Retail Property, Featuring a Dispensary and Tropical Smoothie Café in Illinois

Marcus & Millichap announced today the sale of a 7,100-square-foot retail property, featuring a dispensary and Tropical Smoothie Café, located in Waukegan, Illinois, according to Steven D. Weinstock, Regional Manager and Senior Vice President of the firm’s Chicago Oak Brook office.

January 05, 2024

Keep Exploring

News & Events