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Glen Allen, Virginia

Commercial Real Estate in Richmond

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4401 Waterfront Drive, Suite 230
Glen Allen, VA 23060
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Phone: (804) 802-6900

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Connect With Our Team

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.

Brian Hosey

Brian Hosey

Senior Managing Director / Market Leader
Charles Gallagher

Charles Gallagher

Associate Regional Manager
View Richmond agents & originators

The Richmond Office

The Marcus & Millichap Richmond office provides investment sales, research, and advisory services across property types including multifamily, retail, office, single-tenant net-lease, self-storage, seniors housing, hospitality, and land. Our Richmond commercial real estate agents utilize the firm’s national marketing platform to connect sellers and buyers to the largest selection of real estate properties for sale, as well as to a national pool of qualified private and institutional investors. Serving clients across the Mid-Atlantic and the Commonwealth of Virginia, the office also offers tailored commercial real estate financing solutions through Marcus & Millichap Capital Corporation (MMCC).

CURRENT MID-ATLANTIC 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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Apartments

1128 Spruce Street

Philadelphia, PA

Number of Units: 12

Cap Rate: 5.38%

Listing Price: $1,995,000

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Net Lease

Wawa | Bucknell's Hometown

Lewisburg, PA

Years Remaining On Lease: 19.7

Cap Rate: 5.25%

Listing Price: $6,288,305

Bidding Starts: Dec 8, 2025
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Office

AUCTION - Fully Renovated Mixed-Use Retail/Office Building

Washington, DC

Price/Gross SF: $208.33

Bidding Ends: Dec 10, 2025

Starting Bid: $750,000

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Industrial

25-27 Grand Ave | $130,200 NOI | 7.23% Cap | NNN Lease | 3.00% Annual Increases

Red Lion, PA

Price/Gross SF: $28.89

Cap Rate: 7.23%

Listing Price: $1,800,000

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Hospitality/Golf

Super 8

Wytheville, VA

Price/Room: $40,854

Cap Rate: 9.21%

Listing Price: $3,350,000

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Self-Storage

Secure Self Storage

Pittsburgh, PA

Year Built: 2024

Cap Rate: 3.33%

Listing Price: $4,650,000

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Net Lease

Starbucks Walmart Outlot Blairsville

Blairsville, PA

Years Remaining On Lease: 10.3

Cap Rate: 6.50%

Listing Price: $2,461,538

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Net Lease

McDonald's

Washington, PA

Years Remaining On Lease: 5.1

Cap Rate: 4.60%

Listing Price: $2,150,000

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Net Lease

Rocky Mount Smokehouse

Rocky Mount, VA

Years Remaining On Lease: 10.7

Cap Rate: 7.75%

Listing Price: $718,000

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Self-Storage

MyStorage Stonehouse Development

Toano, VA

Year Built: 2025

Listing Price: Request For Offer

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Hospitality/Golf

Quality Inn & Suites Chambersburg

Chambersburg, PA

Price/Room: $53,623

Listing Price: $3,700,000

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Medical Office

UPMC

Hanover, PA

Gross SF: 9,194

Cap Rate: 7.25%

Listing Price: $2,319,400

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Apartments

1 Manor Court

Thurmont, MD

Number of Units: 27

Cap Rate: 6.88%

Listing Price: $1,750,000

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Land

Single Family Development Opportunity - Shovel Ready - 3 Parcels

Bowie, MD

Lot Size: 1.03 acres

Listing Price: $390,000

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Net Lease

Dollar General 13 Years I Near 1,500 Students

Edinboro, PA

Years Remaining On Lease: 13.0

Cap Rate: 7.09%

Listing Price: $1,550,000

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Properties

RECENT MID-ATLANTIC 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

Institutional Multifamily Investment Momentum Builds

November 4, 2025

Research Video

Key 3rd Quarter CRE Performance Trends

November 3, 2025

Research Video

Why Multifamily Remains a Cornerstone for Institutional Investors

November 3, 2025

US Money

Research Brief

Financial Markets

October 2025

Housing

Research Brief

Housing

October 2025

GDP

Research Brief

Inflation

October 2025

Employment

Research Brief

Third Quarter Fundamentals

October 2025

Research Video

Are We Entering a New CRE Investment Cycle?

October 27, 2025

Employment

Research Brief

Retail Sales

October 2025

US Money

Research Brief

Investor Insights

October 2025

Research Video

Leading Economists' Predictions for 2026

October 20, 2025

Economy

Research Brief

Economic Indicators for 2026

October 2025

Research Video

Four Reasons CRE Deal Flow Is Poised to Accelerate

October 13, 2025

mm federal reserve

Research Brief

Capital Markets

October 2025

Employment

Research Brief

Employment

October 2025

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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.

4020-4040 Livingston Road SE, Washington, DC 20032

Press Releases

Marcus & Millichap Closes Sale of 31-Unit Distressed Multifamily Property in Washington, D.C.

Marcus & Millichap announced today the sale of a 31-unit multifamily property in Congress Heights, Washington, DC.

November 04, 2025

Restaurant Finance & Development Conference
Industry Events

Restaurant Finance & Development Conference

The Bellagio, Las Vegas, NV
November 10 – November 12, 2025
ECORE Real Estate Summit
Industry Events

ECORE Real Estate Summit

Trump National Doral Miami, FL
November 16 – November 18, 2025
1820 Margaret Ave, Annapolis, MD 21401

Press Releases

Marcus & Millichap Brokers Sale of 41,059-Square-Foot Industrial Facility in Annapolis Design District

Marcus & Millichap announced today the sale of a fully-occupied industrial facility located at 1812-1820 Margaret Avenue in Annapolis, Maryland for $9,125,000

October 31, 2025

8212 Flower Ave, Takoma Park, MD 20912

Press Releases

Marcus & Millichap Brokers $2M Sale of 20-Unit Multifamily Asset in Takoma Park, Maryland

Marcus & Millichap announced today the $2 million sale of The Flower House, a 20-unit multifamily asset in Takoma Park, Maryland

October 30, 2025

GlobeSt. Healthcare
Industry Events

GlobeSt. Healthcare

Andaz Scottsdale Resort, Scottsdale, AZ
December 1 – December 2, 2025
2026 Multifamily Investment Outlook
Marcus & Millichap Events

2026 Multifamily Investment Outlook

Live Webcast
December 4, 2025
920 Madison St NW, Washington, DC 20011

Press Releases

Marcus & Millichap Brokers Distressed Multifamily Sale in Washington, D.C

Marcus & Millichap announced today the sale of a 14-unit multifamily property at 920 Madison Street NW in the Brightwood Park neighborhood of Washington, D.C., for $1,680,000

October 02, 2025

ICSC NEW YORK
Industry Events

ICSC NEW YORK

Javits Center, New York, NY
December 10 – December 11, 2025
The Wall Street Journal

Media

Lower Rates Are Set to Juice the Commercial-Property Market

New interest-rate easing cycle could lead to more property sales and lending, reversing yearslong slide

September 23, 2025

Yahoo Finance Features Hessam Nadji

Video

Yahoo! Finance Features Marcus & Millichap CEO Hessam Nadji

The Commercial Real Estate Revival – Key Forces Supporting the CRE Investment Outlook

September 23, 2025

CNBC Features Hessam Nadji

Video

CNBC Features Marcus & Millichap CEO Hessam Nadji

Durable CRE Space Demand Drives Investment Opportunity

September 19, 2025

Bloomberg Features Hessam Nadji

Video

Bloomberg News Features Marcus & Millichap CEO Hessam Nadji

Fed Rate Cut and Increased Bank Lending Bolster CRE Outlook

September 19, 2025

101 Orvis Wy, West Chester, PA 19382

Press Releases

Marcus & Millichap Brokers Sale of Net-Leased Ducklings Early Learning Center in Suburban Philadelphia

Marcus & Millichap announced today the sale of Ducklings Early Learning Center, an 11,191-square-foot net-leased daycare and preschool in West Chester, Pennsylvania, for $4,065,000

August 21, 2025

401-409 V St NE, Washington, DC 20002

Press Releases

Marcus & Millichap Brokers Sale of Vacant 12-Unit Apartment Property in Washington, D.C.

Marcus & Millichap announced today the sale of V Street Apartments, a vacant, 12-unit multifamily community in the Eckington neighborhood of Northeast Washington, D.C. for $775,500

August 07, 2025

Keep Exploring

News & Events