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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
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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Industrial

Amazon Industrial

La Crosse, WI

Price/Gross SF: $93.99

Cap Rate: 6.78%

Listing Price: $6,250,000

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Retail

New Chipotle VCA Animal Hospital

Wheaton, IL

Price/Gross SF: $699.78

Cap Rate: 6.25%

Listing Price: $4,093,000

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Apartments

Mcgill Terrace Apartments

Chicago, IL

Number of Units: 48

Cap Rate: 7.20%

Listing Price: $6,100,000

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Net Lease

New Construction Dollar General Market | Build-to-Suit in 2024 | Cincinnati MSA

Harveysburg, OH

Years Remaining On Lease: 14.8

Cap Rate: 7.09%

Listing Price: $2,175,000

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Retail

Granville Square Shopping Center

Columbus, OH

Price/Gross SF: $37.04

Cap Rate: 8.65%

Listing Price: $5,000,000

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Net Lease

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

West Chester, OH

Years Remaining On Lease: 9.7

Cap Rate: 5.50%

Listing Price: $3,364,000

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Retail

Starbucks Retail Strip

Green Bay, WI

Cap Rate: 6.15%

Listing Price: $2,860,000

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Net Lease

Chipotle w/ Drive Thru | Rare 15 Year Absolute NNN Lease | Qualifies for Depreciation | Chicago MSA

Crown Point (Chicago MSA), IN

Years Remaining On Lease: 15.3

Cap Rate: 4.75%

Listing Price: $3,263,158

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Net Lease

Bowlero (NYSE: BOWL) - World’s Largest Bowling Operator | Absolute Net | 20+ Year Operating History

Hilliard (Columbus MSA), OH

Years Remaining On Lease: 9.2

Cap Rate: 7.00%

Listing Price: $6,857,143

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Industrial

Multi-Tenant Industrial Warren OH

Warren, OH

Price/Gross SF: $18.90

Cap Rate: 9.80%

Listing Price: $4,800,000

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Net Lease

Dutch Bros Coffee

Lawrence, KS

Years Remaining On Lease: 14.8

Cap Rate: 5.75%

Listing Price: $2,678,200

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Medical Office

Fresenius Kidney Care | Value-Add Opportunity

Chicago, IL

Gross SF: 23,253

Listing Price: $4,400,000

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Apartments

3325 North Sheffield Avenue

Chicago, IL

Number of Units: 5

Cap Rate: 5.95%

Listing Price: $2,400,000

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Apartments

311 W University Dr

Macomb, IL

Number of Units: 25

Cap Rate: 8.05%

Listing Price: $730,000

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Hospitality/Golf

Cobblestone Inn & Suites Newton

Newton, IA

Price/Room: $52,262

Cap Rate: 5.14%

Listing Price: $2,195,000

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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

Will Holiday Spending Impact Real Estate This Year?

December 2, 2024

Research Video

How New Immigration Policies Could Influence CRE

November 25, 2024

Research Video

How the Election is Already Impacting CRE

November 18, 2024

Research Video

The Forces Driving Retail and Industrial CRE

November 11, 2024

Employment

Research Brief

Employment

November 2024

Research Video

Has Commercial Real Estate Performance Turned the Corner?

November 4, 2024

mm retail

Market Report

Retail National Report

4Q 2024

Research Video

Will Elevated Debt Threaten the Economy?

October 28, 2024

Research Video

Why CRE Insurance Costs Are Poised to Surge

October 21, 2024

mm construction

Special Report

East & Gulf Coast Dockworkers Strike

October 2024

Research Video

Will September Job Surge Put Rate Cuts on Hold?

October 14, 2024

Employment

Research Brief

Employment

October 2024

Research Video

Will Black Swan Events Derail The Fed & CRE Outlook?

October 7, 2024

Research Video

Will Multifamily Development Overwhelm the Market?

October 7, 2024

Research Video

Investors’ Top Question About Interest Rates

September 30, 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.

Fourth Avenue Apartments

Press Releases

Marcus & Millichap Facilitates $2.05M Sale of 24-Unit Apartment Property in Wisconsin

Marcus & Millichap announced today the sale of Fourth Avenue Apartments, a 24-unit apartment property located in Stevens Point, Wisconsin.

December 04, 2024

Interstate Secure Storage

Press Releases

Marcus & Millichap Brokers Sale of 233-Unit Self-Storage Property in Wisconsin

Marcus & Millichap announced today the sale of Interstate Secure Storage, a 233-unit self-storage property located in Janesville, Wisconsin.

December 04, 2024

Emergency Animal Hospital

Press Releases

Marcus & Millichap Arranges Sale of Fully Leased Veterinary Medicine Facility in Texas

Marcus & Millichap announced today the sale of a three-tenant veterinary medicine office property located in Plano, Texas.

December 02, 2024

ICSC NEW YORK
Industry Events

ICSC NEW YORK

Javits Center, New York, NY
December 11 – December 12, 2024
Val Verde Place Shopping Center

Press Releases

Marcus & Millichap Arranges Sale of 23-Suite Retail Strip in La Vista, Nebraska

Marcus & Millichap announced today the sale of Val Verde Place Shopping Center, a 23-suite retail strip property in La Vista, Nebraska.

November 26, 2024

Apex Apartments

Press Releases

Marcus & Millichap Arranges Sale of 135-Unit Apartment Property in Wisconsin

Marcus & Millichap announced today the sale of The Apex Apartments, a 135-unit apartment property located in Whitewater, Wisconsin.

November 26, 2024

Creekside Centre

Press Releases

Marcus & Millichap Brokers $5.8M Sale of 4-Suite Medtail Strip in Westfield, Indiana

Marcus & Millichap announced today the sale of Creekside Centre, a 4-suite medical office (Medtail) strip center located in Westfield, Indiana.

November 25, 2024

Eddie Merlots

Press Releases

Marcus & Millichap Announces Sale of Eddie Merlot’s Restaurant Property in Illinois

Marcus & Millichap announced today the sale of Eddie Merlot’s, a triple net leased restaurant property located in Warrenville, Illinois.

November 25, 2024

Lakeview Plaza

Press Releases

Marcus & Millichap Facilitates $7.7M Sale of Retail Strip in Lake Zurich, Illinois

Marcus & Millichap announced today the sale of Lakeview Plaza, a 52,400-square-foot retail strip property located in Lake Zurich, Illinois.

November 25, 2024

Casey's Fuel Center

Press Releases

Marcus & Millichap Arranges Sale of Net-Leased Casey’s Fuel Center (CEFCO) in Texas

Marcus & Millichap announced today the sale of a net-leased Casey’s Fuel Center property in Rusk, Texas.

November 25, 2024

Canterbury Court Apartments

Press Releases

Marcus & Millichap Brokers $25.7 Million Multifamily Asset Sale in Chicago

Marcus & Millichap announced today the sale of Canterbury Court Apartments, a 16-story, 176-unit multifamily asset with 1,268 square feet of ground floor retail in the Gold Coast neighborhood of Chicago, Illinois

November 18, 2024

Mosinee Apartments

Press Releases

Marcus & Millichap Brokers $2.35M Sale of 24-Unit Apartment Property in Wisconsin

Marcus & Millichap announced today the sale of Mosinee Apartments, a 24-unit apartment property located in Mosinee, Wisconsin.

November 18, 2024

BridgeWater

Press Releases

Marcus & Millichap Arranges $4.2M Sale of Assisted Living Property in Minnesota

Marcus & Millichap announced today the sale of BridgeWater of Janesville and Owatonna, a portfolio consisting of two assisted living and memory care facilities totaling 74 units.

November 18, 2024

Sleep Inn Suites Bismarck

Press Releases

Marcus & Millichap Facilitates Sale of 72-Room Sleep Inn & Suites in North Dakota

Marcus & Millichap announced today the sale of a 72-room Sleep Inn & Suites located in Bismarck, North Dakota.

November 18, 2024

NYSE TV Features Marcus & Millichap CEO Hessam Nadji

Video

NYSE TV Features Marcus & Millichap CEO Hessam Nadji

Why CRE Investors Favor Retail Real Estate

November 15, 2024

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News & Events