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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.

Steve Chaben

Steve 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

Mavis Discount Tire

Calumet City, IL

Years Remaining On Lease: 16.8

Cap Rate: 6.25%

Listing Price: $1,843,000

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Bidding Starts: Apr 7, 2025
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Self-Storage

Auction - Citizen Self-Storage

Clarklake, MI

Year Built: 2023

Bidding Ends: Apr 9, 2025

Starting Bid: $1,700,000

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Office

Merrillville Professional Office

Merrillville, IN

Price/Gross SF: $141.38

Cap Rate: 9.09%

Listing Price: $4,700,000

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Self-Storage

Northern Indiana Two Property Portfolio

Culver, IN

Year Built: 2020

Cap Rate: 2.02%

Listing Price: $7,900,000

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Net Lease

Dollar Tree | Brand New 2024 Construction | Corporate Guarantee (NASDAQ: DLTR) | Madison MSA

Columbus, WI

Years Remaining On Lease: 10.0

Cap Rate: 7.75%

Listing Price: $2,121,000

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Walgreens NNN Lease with 5% Increases

Saint Charles, MO

Years Remaining On Lease: 13.7

Cap Rate: 6.50%

Listing Price: $3,984,000

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Starbucks | 2024 Build-to-Suit Construction | South Point, OH

South Point, OH

Years Remaining On Lease: 9.5

Cap Rate: 6.15%

Listing Price: $2,682,926

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Industrial

Island Circle

Grand Island, NE

Price/Gross SF: $94.87

Cap Rate: 9.86%

Listing Price: $7,250,000

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Hospitality/Golf

Wrangler Hotel Morris

Morris, MN

Price/Room: $38,462

Cap Rate: 8.44%

Listing Price: $1,500,000

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Hospitality/Golf

Days Inn West Branch

West Branch, IA

Price/Room: $42,714

Cap Rate: 9.34%

Listing Price: $1,495,000

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Industrial

7721 S Ashland Ave

Chicago, IL

Price/Gross SF: $63.64

Listing Price: $1,400,000

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Hospitality/Golf

AmericInn Detroit Lakes

Detroit Lakes, MN

Price/Room: $71,739

Cap Rate: 7.10%

Listing Price: $3,300,000

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Self-Storage

Westside Storage

Beaver Dam, WI

Year Built: 2010

Cap Rate: 7.40%

Listing Price: $1,000,000

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Industrial

GardaWorld - 10-Year Lease Extension

Davenport, IA

Price/Gross SF: $181.67

Cap Rate: 7.50%

Listing Price: $1,090,000

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Dollar General | New 15-Year with 5% Increases Every 5 Years

South Haven (NW of Minneapolis), MN

Years Remaining On Lease: 15.0

Cap Rate: 6.87%

Listing Price: $2,018,000

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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.

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Research Video

The Forces Driving Long-Term Rental Housing Demand

March 24, 2025

Retail

Market Report

2025 U.S. Retail Investment Forecast

2025 Outlook

Research Video

High-Speed Cycles Require Long-Term Thinking

March 17, 2025

whats-in-store-for-investors-in-2023

Research Video

Economic Uncertainty To Favor Real Estate?

March 10, 2025

Employment

Research Brief

Employment

March 2025

Research Video

Is the Economy Slowing?

March 3, 2025

mm office

Market Report

2025 U.S. Office Investment Forecast

2025 Outlook

Research Video

Has Office Space Demand Turned the Corner?

February 21, 2025

Research Video

As Uncertainty Rises, Stability of CRE Stands Out

February 18, 2025

Research Video

Will Tariffs Impact Commercial Real Estate?

February 10, 2025

Employment

Research Brief

Employment

February 2025

Research Video

Will CRE Investors Adapt to Higher Rates?

February 3, 2025

Research Video

Is Multifamily Poised for a Market Rebound in 2025?

January 29, 2025

Research Video

2025 Multifamily Outlook and Leading Investment Markets

January 27, 2025

mm multifamily

Market Report

2025 U.S. Multifamily Investment Forecast

2025 Outlook

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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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Jewel Osco

Press Releases

Marcus & Millichap Announces $9.05M Sale of Jewel-Osco Property in La Grange Park, Illinois

Marcus & Millichap announced today the sale of a net-leased Jewel-Osco property in La Grange Park, Illinois for $9.05 million.

March 27, 2025

Sidney Industrial

Press Releases

Marcus & Millichap Brokers Sale of 165,230-Square-Foot Industrial Facility in Ohio

Marcus & Millichap announced today the sale of a 165,230-square-foot industrial facility in Sidney, Ohio for $3,850,000.

March 27, 2025

Dobbs Tire Auto

Press Releases

Marcus & Millichap Arranges Sale of Net-Leased Dobbs Tire & Auto Property in Ellisville, Missouri

Marcus & Millichap announced today the sale of a net-leased Dobbs Tire & Auto property in Ellisville, Missouri for $2,352,528.

March 27, 2025

Willow Creek Shopping Center

Press Releases

Marcus & Millichap Closes Power Center Sale in Suburban Detroit

Marcus & Millichap announced today the sale of the Willow Creek Shopping Center, a 161,626-square-foot power center in Canton, Michigan.

March 26, 2025

Self Storage Winter Haven

Press Releases

Marcus & Millichap Announces Sale of 554-Unit Self-Storage Property in Winter Haven, Florida

Marcus & Millichap announced today the sale of Self Storage of Winter Haven, a 554-unit self-storage property in Winter Haven, Florida.

March 26, 2025

Andersonville Retail Strip

Press Releases

Marcus & Millichap Brokers $2.25M Sale of Fully Leased Retail Property in Chicago

Marcus & Millichap announced today the sale of 5601 N. Clark St., a multi-tenant retail property located in the Andersonville neighborhood of Chicago, Illinois.

March 19, 2025

Hyatt Place Milwaukee Airport

Press Releases

Marcus & Millichap Arranges Sale of 99-Room Hyatt Place Hotel at Milwaukee Airport

Marcus & Millichap announced today the sale of the 99-room Hyatt Place Milwaukee Airport in Milwaukee, Wisconsin.

March 18, 2025

Hillcrest Apartments

Press Releases

Marcus & Millichap Brokers $1.7M Sale of 23-Unit Apartment Property in Le Sueur, Minnesota

Marcus & Millichap announced today the sale of Hillcrest Apartments, a 23-unit apartment property in Le Sueur, Minnesota.

March 18, 2025

CVS

Press Releases

Marcus & Millichap Facilitates Sale of Net-Leased CVS Property in Westerville, Ohio

Marcus & Millichap announced today the sale of a net-leased CVS property in Westerville, Ohio.

March 18, 2025

Gateway Shoppes at Five Points

Press Releases

Marcus & Millichap Arranges $3.38M Sale and $2.7M Financing of 12-Suite Retail Strip Property in Illinois

Marcus & Millichap announced today the sale of Gateway Shoppes at Five Points, a 12-suite retail strip property located in Urbana, Illinois for $3,375,000.

March 18, 2025

US Bank Arizona

Press Releases

Marcus & Millichap Brokers $3.23M Sale of Net-Leased U.S. Bank Property in Gilbert, Arizona

Marcus & Millichap announced today the sale of a net-leased U.S. Bank property in Gilbert, Arizona for $3,230,000.

March 17, 2025

Diamonds Direct

Press Releases

Marcus & Millichap Facilitates $6.1 Million Sale of Net-Leased Diamonds Direct in Oak Brook, Illinois

Marcus & Millichap announced today the sale of a net-leased Diamonds Direct property located in Oak Brook, Illinois for $6,115,000.

March 17, 2025

Stonebrook Family Physicians

Press Releases

Marcus & Millichap Brokers Sale-Leaseback of a Medical Office Property in Rochester Hills, Michigan

Marcus & Millichap announced today the sale-leaseback of a 9,231-square-foot medical office property leased to Stonebrooke Family Physicians in Rochester Hills, Michigan.

March 17, 2025

7301 183rd St

Press Releases

Marcus & Millichap Brokers $5.85M Sale and Financing of Med-tail Strip in Tinley Park, Illinois

Marcus & Millichap announced today the sale of 7301 183rd St., an 11-suite retail strip property located in Tinley Park, Illinois.

March 13, 2025

Walgreens Lawrenceville

Press Releases

Marcus & Millichap Arranges Sale and Financing of a Net-Leased Walgreens Property in Lawrenceville, Georgia

Marcus & Millichap announced today the sale of a net-leased Walgreens property in Lawrenceville, Georgia for $3,725,000.

March 04, 2025

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News & Events