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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.

Hospitality/Golf

Baymont by Wyndham Decatur

Decatur, IL

Price/Room: $28,368

Cap Rate: 0.12%

Listing Price: $2,695,000

Net Lease

Walgreens NNN | Zero Competition | High Store Sales

Garden City, KS

Years Remaining On Lease: 7.8

Cap Rate: 5.65%

Listing Price: $5,900,884

Net Lease

Bob Evans

Fairborn, OH

Years Remaining On Lease: 12.8

Cap Rate: 5.65%

Listing Price: $3,640,035

Net Lease

Dunkin'

Stevens Point, WI

Years Remaining On Lease: 10.0

Cap Rate: 4.65%

Listing Price: $1,700,000

Industrial

Vacant Industrial Service Facility

Palatine, IL

Price/Gross SF: $220.10

Listing Price: $2,420,000

Net Lease

Dollar Tree

Milwaukee, WI

Years Remaining On Lease: 5.2

Cap Rate: 7.00%

Listing Price: $1,235,000

Net Lease

Valvoline Ground Lease

Gahanna, OH

Years Remaining On Lease: 15.3

Cap Rate: 4.75%

Listing Price: $1,579,000

Net Lease

International Car Wash Group

Orange, OH

Cap Rate: 5.50%

Listing Price: $3,461,818

Apartments

3100 W Lexington St

Chicago, IL

Number of Units: 7

Cap Rate: 8.05%

Listing Price: $925,000

Net Lease

Anytime Fitness

Baldwin, WI

Years Remaining On Lease: 8.4

Cap Rate: 7.50%

Listing Price: $1,127,000

Apartments

830 Union St

Platteville, WI

Number of Units: 29

Cap Rate: 6.12%

Listing Price: $2,975,000

Hospitality/Golf

AmericInn Lodge and Suites Madison South Dakota

Madison, SD

Price/Room: $60,526

Cap Rate: 13.00%

Listing Price: $2,300,000

Land

Corner 0.36 AC Commercial Land | Adjacent to McDonald's and Chicago O'Hare International Airport

Bensenville, IL

Lot Size: 0.36 acres

Listing Price: $899,900

Land

Brownstown Development - Assisted Living and Memory Care

Brownstown Charter Township, MI

Lot Size: 4.00 acres

Listing Price: $2,500,000

Net Lease

Orscheln Farm & Home - California, MO

California, MO

Years Remaining On Lease: 10.4

Cap Rate: 6.75%

Listing Price: $1,817,000

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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.

Health crisis July 6

Research Video

Is the U.S. Housing Shortage Poised to Get Worse?

July 26, 2021

mm multifamily

Special Report

Multifamily Midyear Outlook

Midyear 2021

mm hospitality

Special Report

Hospitality Midyear Outlook

Midyear 2021

mm industrial

Special Report

Industrial Midyear Outlook

Midyear 2021

mm office

Special Report

Office Midyear Outlook

Midyear 2021

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Special Report

Retail Midyear Outlook

Midyear 2021

Retail

Research Brief

Retail Sales

Rising Prices Fuel Increase in Retail Sales in June

Health crisis July 6

Research Video

Is Rising Inflation a Growing Concern for Real Estate?

July 19, 2021

Health crisis June 1

Research Video

Deal Maker Live Presentation: U.S. Multifamily Outlook

July 16, 2021

Will distressed

Research Video

Return to Office Could Have Major Impact on Real Estate

July 12, 2021

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Special Report

Seniors Housing Midyear Outlook

Midyear 2021

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Special Report

Skilled Nursing Midyear Outlook

Midyear 2021

Three ways

Research Video

Will a Summer Travel Surge Bolster CRE Performance?

July 6, 2021

Employment

Research Brief

Employment

Job Creation Speeds Up in June, Some Hurdles Yet to Be Cleared

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Special Report

Global Capital Outlook

Midyear 2021

Keep Exploring

Research

RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

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

GlobeSt.com

Media

CRE Transactions Reach Pre-Pandemic Levels In Q2

The hot industrial and apartment sectors posted the strongest second quarter on record for sales across all deal structures.

July 26, 2021

Connect Media 2019 Logo

Media

2021 Top Mortgage Brokers and Lenders

Michael Derk has more than 10 years of commercial real estate finance experience and has closed more than $1 billion in transactions.

July 23, 2021

Marcus & Millichap

Press Releases

Marcus & Millichap Arranges Sale Of 91,098sf Self-Storage Facility

Marcus & Millichap announced today the sale of Premier Boat & RV Storage, a 91,098SF self-storage facility located in St. Augustine, FL

July 21, 2021

Marcus & Millichap

Press Releases

Marcus & Millichap Arranges Sale Of 2,400SF Office Building

Marcus & Millichap announced today the sale of BMO Harris Bank, a 2,400SF office property located in Indianapolis, IN

July 21, 2021

Marcus & Millichap

Press Releases

Marcus & Millichap Arranges Sale Of 79,246SF Office Portfolio

Marcus & Millichap announced today the sale of Banta Trails Four-Building Office Portfolio a 79,246SF office park located in Indianapolis, IN

July 21, 2021

Marcus & Millichap

Press Releases

Marcus & Millichap Arranges Sale Of 6,546-SF Net-Leased Property

Marcus & Millichap announced the sale of KinderCare, a 6,546-sf net-leased property located in New Berlin, WI.

July 19, 2021

MediaAppearance7.21

Video

Fox Business: Can CRE Resurgence Last?

Marcus & Millichap’s President and CEO Hessam Nadji joins Steve Forbes and Shana Sissel on Fox Business: What Post-pandemic Resurgence, Hybrid Work Models Mean for the Future of CRE

July 19, 2021

Marcus & Millichap

Press Releases

Marcus & Millichap Arranges Sale Of 23-Unit Apartment Building

Marcus & Millichap announced the sale of 2865 W. Shakespeare Ave located in Chicago's Logan Square neighborhood.

July 15, 2021

ReBusiness Online

Media

‘Power Panel’ at InterFace Event Provides Positive Outlook for Student Housing Sector Post-COVID-19

‘Power Panel’ at InterFace Event Provides Positive Outlook for Student Housing Sector Post-COVID-19

July 15, 2021

New York Times

Media

New York Times: New Tax Proposals Take Aim at 1031 Exchange Transactions

The New York Times Features Marcus & Millichap’s President and CEO Hessam Nadji New Tax Proposals Take Aim at 1031 Exchange Transactions

July 15, 2021

Marcus & Millichap

Press Releases

Marcus & Millichap Arranges Sale Of Net-Leased Tesla Property

Marcus & Millichap announced today the sale of Tesla Store & Service Center, a 29,831-square foot net-leased property located in Glen Allen, VA

July 14, 2021

Marcus & Millichap

Press Releases

Marcus & Millichap Arranges Sale Of 3,500SF Net-Leased Property

Marcus & Millichap announced today the sale of Sherwin Williams, a 3,500-square-foot net-leased property located in Saint Charles, MO

July 14, 2021

Marcus & Millichap

Press Releases

Marcus & Millichap Arranges Sale Of Net-Leased Piggly Wiggly Property In Kenosha, WI

Marcus & Millichap announced today the sale of Piggly Wiggly, a 49,936-square foot net-leased grocer located in Kenosha, WI

July 14, 2021

Marcus & Millichap

Press Releases

Marcus & Millichap Arranges Sale Of 74,270SF Self-Storage Facility

Marcus & Millichap announced today the sale of Union Road Self Storage, a 74,270-square-foot self-storage facility located in White House, TN

July 14, 2021

Marcus & Millichap

Press Releases

Marcus & Millichap Arranges Sale Of 3,000SF Net-Leased Property

Marcus & Millichap announced today the sale of Sleep Number, a 3,000-square foot net-leased property located in Rochester, MN

July 14, 2021

Keep Exploring

News & Events