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Philadelphia, Pennsylvania

Commercial Real Estate in Philadelphia

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2005 Market Street, Suite 1510
Philadelphia, PA 19103
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Phone: (215) 531-7000
Fax: (215) 531-7010

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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.

Timothy B. Stephenson Jr.

Timothy B. Stephenson Jr.

Managing Director, Market Leader - Philadelphia
Direct: (215) 531-7050
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The Philadelphia Office

The Philadelphia office of Marcus & Millichap offers investment sales, market research, and advisory services across a range of asset classes including multifamily, retail, office, single-tenant net-lease, seniors housing, self-storage, and land. Philadelphia commercial real estate agents leverage our national marketing platform to deliver maximum exposure for real estate properties for sale and ensure access to an expansive network of qualified investors. Covering the greater Philadelphia area and nearby states, our team combines market knowledge with the full-service support of Marcus & Millichap Capital Corporation (MMCC) financing professionals based in the office.

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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Net Lease

CVS Pharmacy | Low Rent & Price Point

Floyd, VA

Years Remaining On Lease: 5.8

Cap Rate: 7.00%

Listing Price: $1,017,143

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Net Lease

Ascend Cannabis Dispensary

Monaca, PA

Years Remaining On Lease: 11.1

Cap Rate: 9.50%

Listing Price: $4,718,000

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DaVita Dialysis

Newport News, VA

Years Remaining On Lease: 3.6

Cap Rate: 7.80%

Listing Price: $1,542,000

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Land

Multifamily Development Site - 7000-7220 Livingston Road

Fort Washington, MD

Lot Size: 18.07 acres

Listing Price: $1,500,000

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Chipotle | Exceptional Location | 65k VPD!

Cockeysville, MD

Years Remaining On Lease: 13.2

Cap Rate: 4.78%

Listing Price: $3,968,421

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Industrial

25-27 Grand Ave| 8.01% CAP| $130,200 NOI | NNN Lease | 3.00% Annual Increases

Red Lion, PA

Price/Gross SF: $26.08

Cap Rate: 8.01%

Listing Price: $1,625,000

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Starbucks Walmart Outlot Blairsville

Blairsville, PA

Years Remaining On Lease: 10.1

Cap Rate: 6.75%

Listing Price: $2,370,370

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Apartments

3601 14th Street Apartments

Washington, DC

Number of Units: 10

Cap Rate: 6.05%

Listing Price: $3,100,000

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DaVita Dialysis - NNN 5+ Years

Chadds Ford, PA

Years Remaining On Lease: 5.7

Cap Rate: 6.74%

Listing Price: $4,400,000

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Land

Shovel-Ready Medical/Office/Retail Land

Chester Springs, PA

Lot Size: 0.70 acres

Listing Price: $445,000

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AMC Theatre | High Yield | DC Metro

Beltsville, MD

Years Remaining On Lease: 4.4

Cap Rate: 10.00%

Listing Price: $6,204,350

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Apartments

9324 1st View Street

Norfolk, VA

Number of Units: 18

Cap Rate: 7.93%

Listing Price: $2,500,000

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7-Eleven | 68,000+ VPD Corner | Includes Car Wash

Newport News, VA

Years Remaining On Lease: 1.7

Cap Rate: 5.25%

Listing Price: $6,122,862

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VCA Anderson's Corner Animal Hospital

Toano, VA

Years Remaining On Lease: 1.8

Listing Price: $2,870,000

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Medical Office

Premier Medical Associates Portfolio

Penn Hills Township, PA

Gross SF: 63,587

Cap Rate: 7.02%

Listing Price: $18,324,000

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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.

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Market Report

2026 U.S. Multifamily Investment Forecast

2026 Outlook

Research Video

Will Capital Flow to CRE in 2026?

January 20, 2026

Employment

Research Brief

Retail Sales

January 2026

mm hospitality

Research Brief

2026 Hospitality Outlook

January 2026

GDP

Research Brief

Inflation

January 2026

Employment

Research Brief

2026 Equity Capital Outlook

January 2026

Employment

Research Brief

Employment

January 2026

Research Video

How Interest Rates and Lending Could Shape CRE in 2026

January 12, 2026

GDP

Research Brief

Interest Rates

January 2026

GDP

Research Brief

2026 Interest Rates & Debt Capital Outlook

January 2026

Research Video

Key Forces Shaping the 2026 CRE Outlook: Employment

January 5, 2026

Employment

Research Brief

2026 Employment Outlook

January 2026

Economy

Research Brief

Economic Update

December 2025

GDP

Research Brief

Gross Domestic Product

December 2025

Research Video

Retail Real Estate: Sustaining Momentum In 2026

December 22, 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.

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Americas Lodging Investment Summit
Industry Events

Americas Lodging Investment Summit

JW Marriott/Ritz-Carlton Los Angeles L.A. LIVE, Los Angeles, CA
January 26 – January 28, 2026
Industry Events

NMHC Annual Meeting

ARIA Resort & Casino, Las Vegas, NV
January 27 – January 29, 2026
Marcus & Millichap Logo

Press Releases

Marcus & Millichap Announces New Regional Leadership Titles Across the U.S. and Canada

Marcus & Millichap announced that effective Jan. 1, 2026, the firm transitioned its regional management position titles to market leader titles of Director, Managing Director and Senior Managing Director based on tenure and level of accomplishment.

January 20, 2026

8306-8308 Barron Street, Silver Spring, MD 20912

Press Releases

Marcus & Millichap Brokers Sale of 22-Unit Multifamily Asset in Takoma Park, Maryland

Marcus & Millichap announced today the sale of a 22-unit multifamily property in Takoma Park, Maryland, for $1,815,000

January 08, 2026

MBA CREF 2026
Industry Events

MBA CREF 2026

Manchester Grand Hyatt, San Diego, CA
February 8 – February 11, 2026
Best Ever Conference
Industry Events

Best Ever Conference

Hyatt Regency, Salt Lake City, UT
February 18 – February 20, 2026
SSA Spring Conference and Trade Show
Industry Events

SSA Spring Conference and Trade Show

Henry B. González Convention Center, San Antonio, TX
March 18 – March 20, 2026
NIC Spring Conference
Industry Events

NIC Spring Conference

Nashville, TN
March 30 – April 1, 2026
Inside Self-Storage World Expo
Industry Events

Inside Self-Storage World Expo

Caesars Forum Conference Center, Las Vegas, NV
April 7 – April 10, 2026
AAHOACON26
Industry Events

AAHOACON26

Philadelphia Convention Center, Philadelphia, PA
April 8 – April 10, 2026
ICSC LAS VEGAS
Industry Events

ICSC LAS VEGAS

Las Vegas Convention Center, Las Vegas, NV
May 18 – May 20, 2026
Yahoo! Finance Features Marcus & Millichap CEO Hessam Nadji

Video

Yahoo! Finance Features Marcus & Millichap CEO Hessam Nadji

Will 2026 Mark the Turning Point For Commercial Real Estate?

December 19, 2025

Schwab Network Features Marcus & Millichap CEO Hessam Nadji

Video

Schwab Network Features Marcus & Millichap CEO Hessam Nadji

How Fed Policies Are Shaping CRE Investment

December 12, 2025

677 W Dekalb Pike, King of Prussia, Pennsylvania 19406

Press Releases

Marcus & Millichap Closes Sale of Triple-Net-Leased AT&T in King of Prussia

Marcus & Millichap announced today the sale of a 2,600-square-foot, triple-net-leased AT&T property in King of Prussia for $5,391,803

December 11, 2025

135 Rosewick Cor Pl, La Plata, Maryland 20646

Press Releases

Marcus & Millichap Arranges Sale of $13.5M Retail Portfolio in Southern Maryland

Marcus & Millichap announced today its completion of the Rosewick Corner sale assignment in La Plata, Maryland

December 09, 2025

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News & Events