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Fairhope, Alabama

Commercial Real Estate in Mobile

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208 N. Greeno Road, Suite B-2
Fairhope, AL 36532
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Phone: (251) 929-7300
Fax: (251) 929-7310

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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.

Jody McKibben

Jody McKibben

First Vice President/Regional Manager
View Mobile agents & originators

The Mobile Office

Serving the Gulf Coast and beyond, the Mobile office of Marcus & Millichap delivers investment brokerage and financing services throughout the Mobile MSA and Southeast region. Mobile commercial real estate agents represent investors in deals across retail, multifamily, office, industrial, and self-storage sectors. Combining regional knowledge with national reach, our team supports clients through every phase of the transaction, with access to extensive real estate properties for sale. Commercial real estate financing services are provided by in-office Marcus & Millichap Capital Corporation loan originators.

CURRENT SOUTHEAST 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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Retail

East Town Shopping Center

Lake Charles, LA

Price/Gross SF: $36.57

Cap Rate: 7.78%

Listing Price: $2,400,000

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Net Lease

Valvoline (Corporate) | Signalized Intersection (47,124 VPD)

Montgomery, AL

Years Remaining On Lease: 15.1

Cap Rate: 5.25%

Listing Price: $1,953,000

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Net Lease

Wendy's - Augusta, GA

Augusta, GA

Years Remaining On Lease: 20.0

Cap Rate: 5.90%

Listing Price: $3,305,084

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Hospitality/Golf

Days Inn by Wyndham Maysville Kentucky

Maysville, KY

Price/Room: $32,761

Cap Rate: 10.38%

Listing Price: $2,195,000

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Net Lease

Burger King

Morehead City, NC

Years Remaining On Lease: 1.2

Cap Rate: 6.15%

Listing Price: $1,600,000

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Net Lease

Checkers – High Traffic Location in 3rd Largest MSA in Georgia

Augusta, GA

Years Remaining On Lease: 16.7

Cap Rate: 6.19%

Listing Price: $1,550,000

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Net Lease

Krispy Kreme Ground Lease

Gadsden, AL

Years Remaining On Lease: 6.8

Cap Rate: 5.65%

Listing Price: $1,375,000

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Apartments

The Views on Inskip

Knoxville, TN

Number of Units: 24

Cap Rate: 6.32%

Listing Price: $3,400,000

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Self-Storage

Covered Up Storage

Lexington, SC

Year Built: 2020

Cap Rate: 5.10%

Listing Price: $5,495,000

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Apartments

Hwy 259 Townhomes

Portland, TN

Number of Units: 28

Cap Rate: 5.72%

Listing Price: $4,325,000

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Net Lease

Huey Magoo's Chicken Tenders

Hinesville, GA

Years Remaining On Lease: 16.7

Cap Rate: 6.00%

Listing Price: $2,764,458

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Industrial

Herc Rentals

Savannah, GA

Price/Gross SF: $333.33

Cap Rate: 5.75%

Listing Price: $2,950,000

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Net Lease

IHOP Restaurant

Burlington, NC

Years Remaining On Lease: 4.1

Cap Rate: 6.73%

Listing Price: $1,930,000

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Land

Charleston Industrial Park LED Certified

Monroe, LA

Lot Size: 315.00 acres

Listing Price: $11,025,000

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Net Lease

Red Lobster

Matthews, NC

Years Remaining On Lease: 14.1

Cap Rate: 7.25%

Listing Price: $3,202,000

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Properties

RECENT SOUTHEAST 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

The Forces Shaping the 2026 Multifamily Outlook

December 8, 2025

mm multifamily

Research Brief

2026 Multifamily Outlook

December 2025

Research Video

Will Positive Office Demand Carry Into 2026?

December 1, 2025

Employment

Research Brief

2026 Office Outlook

November 2025

Housing

Research Brief

Homeownership Trends

November 2025

Research Video

How Restrained Homebuying Is Influencing CRE

November 24, 2025

Economy

Research Brief

Single-Tenant Net-Lease

November 2025

Research Video

What’s Driving the Rebound in Net Lease Transaction Activity

November 17, 2025

Research Video

CRE Interest Rates Trend Lower

November 10, 2025

Employment

Research Brief

Employment

November 2025

Employment

Research Brief

Employment

November 2025

GDP

Research Brief

Interest Rates

November 2025

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

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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.

ICSC NEW YORK
Industry Events

ICSC NEW YORK

Javits Center, New York, NY
December 10 – December 11, 2025
Multi-Housing News

Media

Multifamily Investors Returning as Values Stabilize

With construction tapering, confidence is making a comeback.

December 05, 2025

5527 Read Street

Press Releases

Marcus & Millichap Arranges Sale of North Charleston Multifamily Asset

Marcus & Millichap announced today the sale of Read Street Apartments, a 28-unit multifamily property in North Charleston

December 01, 2025

Bloomberg Features Hessam Nadji

Video

Bloomberg News Features Marcus & Millichap CEO Hessam Nadji

The Three Forces Driving Commercial Real Estate; Why Retail Continues to Outperform

November 15, 2025

416 Jane Rd, Troy, AL 36079

Press Releases

Marcus & Millichap Brokers $7.5 Million Sale of 128-Unit Multifamily Community in Troy, Alabama

Marcus & Millichap announced today the $7.5 million sale of Willow Terrace, a 128-unit multifamily community in Toy, Alabama

November 13, 2025

2637 E Stone Dr, Kingsport, TN 37660

Press Releases

Marcus & Millichap Brokers Sale of Grocery-Shadow-Anchored Retail Center in Kingsport, Tennessee

Marcus & Millichap announced today the sale of Shoppes at East Stone, a grocery-shadow-anchored retail center in Kingsport, Tennessee

November 03, 2025

1323 Old Springdale Rd, Rock Hill, SC 29730

Press Releases

Marcus & Millichap Brokers Sale of 71-Room Comfort Suites in Rock Hill, South Carolina

Marcus & Millichap announced today the sale of Comfort Suites Rock Hill – Manchester Meadows Area, a 71-room hotel in Rock Hill, South Carolina

October 24, 2025

5175 Sunset Blvd, Lexington, SC 29072

Press Releases

Marcus & Millichap Arranges $7.18 Million Sale of Multi-Tenant Retail Center in Lexington, South Carolina

Marcus & Millichap announced today the sale of Hope Ferry Center, a 51,749-square-foot, multi-tenant retail center in Lexington, South Carolina for $7,175,000

October 23, 2025

30870 US-441Commerce, GA 30529

Press Releases

Marcus & Millichap Facilitates Sale of Net-Leased Property in Commerce, Georgia

Marcus & Millichap announced today the sale of a 3,751-square-foot Whataburger in Commerce, Georgia, for $2.62 million

October 15, 2025

4300 Colonnade Pkwy, Birmingham, AL 35243

Press Releases

Marcus & Millichap Brokers $11M Sale of Spark by Hilton in Birmingham

Marcus & Millichap announced today the sale of Spark by Hilton Birmingham Colonnade, a 122-room hotel in Birmingham, Alabama, for $11 million

October 15, 2025

2475 Prospect Dr, North Charleston, SC 29406

Press Releases

Marcus & Millichap Arranges Sale of 121-Room Tru by Hilton in North Charleston

Marcus & Millichap announced today the sale of Tru by Hilton Charleston Ashley Phosphate, a 121-room hotel in North Charleston, South Carolina

October 13, 2025

1311 N Brightleaf Blvd, Smithfield, NC 27577

Press Releases

Marcus & Millichap Arranges $4.18 Million Sale of Slim Chickens in Raleigh, N.C. Submarket

Marcus & Millichap announced today the sale of Slim Chickens, a fast-casual restaurant in Smithfield, North Carolina, for $4,180,000

September 30, 2025

317-339 Thacker Ave, Covington, VA 24426

Press Releases

Marcus & Millichap Brokers Sale of Walmart Shadow-Anchored Retail Center in Western Virginia

Marcus & Millichap announced today the sale of a 32,023-square-foot Walmart Supercenter shadow-anchored retail center in Covington, Virginia for $4,425,000

September 26, 2025

719-723 E. Bayview Blvd, Norfolk, VA 23503

Press Releases

Marcus & Millichap Completes $5.5M Multifamily Portfolio Sale in Norfolk, Virginia

Marcus & Millichap announced today the sale of Bayview Apartments and Meadow Brook Terrace, a two-property multifamily portfolio in Norfolk, Virginia, for $5.5 million

September 25, 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

Keep Exploring

News & Events