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Phoenix, Arizona

Commercial Real Estate in Phoenix

Contact Our Office

2398 East Camelback Road, Suite 300
Phoenix, AZ 85016
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Phone: (602) 687-6700
Fax: (602) 687-6710

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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.

Ryan Sarbinoff

Ryan Sarbinoff

Senior Managing Director, Market Leader - Arizona
Direct: (602) 687-6750
James Crawley

James Crawley

Managing Director, Market Leader- Arizona
Direct: (602) 687-6807
View Phoenix agents & originators

The Phoenix Office

The Phoenix office of Marcus & Millichap provides real estate investment clients with the opportunity to buy and sell all types of commercial property, including apartments, retail, office, single-tenant net-lease, industrial, healthcare, self-storage, seniors housing, hospitality, land, manufactured homes and special assets. The Phoenix agents represent commercial real estate investors throughout the Phoenix MSA, Arizona and surrounding states. Investment professionals also leverage Marcus & Millichap’s industry-leading research to offer investment real estate advisory services on individual properties and portfolios. Commercial real estate financing services are offered by a loan originator with Marcus & Millichap Capital Corporation (MMCC).

CURRENT SOUTHWEST 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

Red Lobster (13 Years Remain - Huge Sales)

Farmington, NM

Years Remaining On Lease: 13.0

Cap Rate: 6.85%

Listing Price: $5,000,000

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Net Lease

5951 US-50 E

Carson City, NV

Cap Rate: 5.11%

Listing Price: $1,800,000

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Medical Office

Revere Medical

Apache Junction, AZ

Gross SF: 6,054

Cap Rate: 6.65%

Listing Price: $3,300,000

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Net Lease

Napa Auto Parts

Phoenix, AZ

Years Remaining On Lease: 6.3

Cap Rate: 6.75%

Listing Price: $2,613,333

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Net Lease

Dollar General

Clayton, NM

Years Remaining On Lease: 14.9

Cap Rate: 7.00%

Listing Price: $2,110,536

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Net Lease

Dutch Bros | 13+ Years | Across from Walmart

Las Cruces, NM

Years Remaining On Lease: 12.9

Cap Rate: 5.50%

Listing Price: $2,745,455

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Retail

Sahara Eastern Plaza

Las Vegas, NV

Price/Gross SF: $418.63

Cap Rate: 6.00%

Listing Price: $3,650,000

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Apartments

The Shorewood Apartments

Phoenix, AZ

Number of Units: 21

Cap Rate: 6.00%

Listing Price: $4,675,000

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Industrial

42 Diamondback Way

Carson City, NV

Price/Gross SF: $170.59

Listing Price: $1,160,000

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Apartments

Crown Portfolio - 51 E Texas Ave

Henderson, NV

Number of Units: 6

Cap Rate: 5.44%

Listing Price: $1,325,000

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Apartments

343 & 345 N 10th St

Las Vegas, NV

Number of Units: 9

Cap Rate: 6.27%

Listing Price: $1,325,000

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Apartments

Crown Portfolio - 251 S Texas Ave

Henderson, NV

Number of Units: 6

Cap Rate: 5.36%

Listing Price: $1,260,000

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Apartments

Crown Portfolio - 150 Copper St

Henderson, NV

Number of Units: 5

Cap Rate: 5.12%

Listing Price: $1,100,000

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Manufactured Housing

Copper Springs Mobile Home Park

Safford, AZ

Price/Space: $41,463

Cap Rate: 5.63%

Listing Price: $1,700,000

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Apartments

Willetta

Phoenix, AZ

Number of Units: 28

Cap Rate: 6.40%

Listing Price: $4,000,000

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Properties

RECENT SOUTHWEST 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

Has the Apartment Market Turned to the Upside?

July 24, 2026

Economy

Research Brief

Retail Sales

July 2026

Economy

Research Brief

Inflation

July 2026

Research Video

Inflation Risk: Headwind or Opportunity for CRE?

July 16, 2026

Research Video

Will Economic Momentum Boost CRE for Rest of 2026?

July 10, 2026

Employment

Research Brief

Employment

July 2026

Research Video

The Multifamily Development Reset — An Opportunity for Investors?

July 7, 2026

Research Video

Short-Term Headwinds, Long-Term Tailwinds

July 2, 2026

Housing

Research Brief

Housing

July 2026

Research Video

Key Advantages of CRE Investments Today

June 26, 2026

Economy

Research Brief

Retail Sales

June 2026

GDP

Research Brief

Financial Markets

June 2026

Research Video

Can CRE Provide Investment Inflation Resistance?

June 19, 2026

Research Video

How Stronger Hiring and Rising Inflation Could Shape CRE

June 12, 2026

GDP

Research Brief

Inflation

June 2026

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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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Marcus & Millichap

Press Releases

Marcus & Millichap Selects Deferred as Preferred 1031 Exchange Provider

Deferred joins Marcus & Millichap’s Preferred Partner Program as a technology-powered qualified intermediary providing 1031 exchange solutions for real estate investors.

July 23, 2026

12th Annual National Net Lease Summit
Industry Events

National Net Lease Summit

University Club of Chicago, Chicago, IL
July 24, 2026
Desert Classic

Press Releases

Marcus & Millichap Closes 275-Space Mobile Home Park Sale in Tucson

Marcus & Millichap announced today the sale of the Desert Classic Mobile Home Park, a 275-space mobile home park in Tucson, Arizona.

July 17, 2026

NYSE TV Features Marcus & Millichap CEO Hessam Nadji

Video

NYSE Features Marcus & Millichap CEO Hessam Nadji

CRE Investment on the Rise? The Forces Bolstering Investment Property

July 16, 2026

Fireside Apartments Phoenix

Press Releases

Marcus & Millichap Arranges $4.75 Million Sale of Fireside Apartments in Phoenix

Marcus & Millichap announced today the sale of Fireside Apartments, a 20-unit multifamily property in Phoenix, Arizona, for $4.75 million.

July 08, 2026

Andee Robb

Press Releases

Marcus & Millichap Appoints Head of Retail Leasing & Advisory Services

Marcus & Millichap announced today that Andee Robb has joined Marcus & Millichap as head of Retail Leasing & Advisory Services, a newly established role that reflects Marcus & Millichap’s continued investment in providing market-leading solutions to clients.

June 30, 2026

Thomas Gorman

Press Releases

Marcus & Millichap Appoints National Director of Net Lease Division

Marcus & Millichap announced today that Thomas Gorman has been appointed senior managing director and leader of its national net lease division, a newly created leadership role that reflects Marcus & Millichap’s continued investment in expanding the firm’s national net lease business.

June 25, 2026

CNBC Features Marcus & Millichap CEO Hessam Nadji

Video

CNBC Features Marcus & Millichap CEO Hessam Nadji

Amid Elevated Interest Rates, Would ROAD to Housing Act Boost Housing Market?

June 25, 2026

Connect CRE logo

Awards

Brad Cohen Recognized by Connect CRE’s Next Gen Awards

Brad Cohen, Associate Director, Capital Markets in Marcus & Millichap’s Phoenix office, was recognized by Connect CRE as part of its Next Gen Awards program.

June 24, 2026

GlobeSt.com

Awards

Steven J. Siegel Recognized by GlobeSt. as an Influencer in Retail Real Estate 2026

Steven J. Siegel, executive managing director investments with Institutional Property Advisors (IPA), a division of Marcus & Millichap, has been recognized by GlobeSt. as part of its Influencers in Retail Real Estate 2026 program.

June 19, 2026

Marcus & Millichap

Press Releases

Marcus & Millichap Names Brown & Brown Preferred Partner for Insurance and Risk Management

Providing commercial real estate investors greater visibility into insurance costs and risk

June 18, 2026

Texas Roadhouse

Press Releases

Marcus & Millichap Arranges $4 Million Sale of Texas Roadhouse Ground Lease in Gainesville

Marcus & Millichap announced today the sale of a Texas Roadhouse ground lease property, an 8,392-square-foot net-leased restaurant located in Gainesville, Florida, for $4 million.

June 17, 2026

154 & 156 Paseo De La Concha

Press Releases

Marcus & Millichap Facilitates $7.4 Million Sale of 13-Unit Apartment Property in Redondo Beach, California

Marcus & Millichap announced today the sale of 154 & 156 Paseo De La Concha, a 13-unit apartment property in Redondo Beach, California.

June 16, 2026

Tucson Retail

Press Releases

Marcus & Millichap Arranges $6.4 Million Sale of Tucson Retail Property

Marcus & Millichap announced today the sale of a 36,800-square-foot two-tenant retail property in Tucson, Arizona, for $6.4 million.

June 15, 2026

Burlington Coat Factory

Press Releases

Marcus & Millichap Brokers $11.2M Sale of Burlington Coat Factory in Los Angeles

Marcus & Millichap announced today the sale of 14651 Ventura Blvd., a locally owned and operated Burlington Coat Factory in Sherman Oaks, CA.

June 11, 2026

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News & Events