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Reno, Nevada

Commercial Real Estate in Reno

Contact Our Office

50 W. Liberty Street, Suite 400
Reno, NV 89501
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Phone: (775) 348-5200
Fax: (775) 348-5210

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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.

Daniel Kapic

Daniel Kapic

Senior Managing Director, Market Leader- Sacramento/Reno
Direct: (916) 724-1451
View Reno agents & originators

The Reno Office

Marcus & Millichap’s Reno office focuses on multifamily investment sales across Nevada and nationally, including portfolio and special asset transactions. Reno commercial real estate agents leverage the firm’s powerful research capabilities and marketing platform to support clients through complex deals. With access to national capital sources and a robust pipeline of real estate properties for sale, our professionals deliver results for both institutional and private investors targeting the Reno area and beyond.

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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Hospitality/Golf

Hyatt Place Flagstaff

Flagstaff, AZ

Price/Room: $207,292

Listing Price: $19,900,000

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Net Lease

Planet Fitness | 7.25% Cap Rate | Low $12.50/SF Rent | Phoenix, AZ

Phoenix, AZ

Years Remaining On Lease: 5.1

Cap Rate: 7.25%

Listing Price: $3,448,280

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Land

+/- 1.3 Acres

El Mirage, AZ

Lot Size: 1.30 acres

Listing Price: Request For Offer

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Apartments

Courtyard on Mill

Tempe, AZ

Number of Units: 8

Cap Rate: 6.75%

Listing Price: $1,899,000

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Net Lease

Dutch Bros Coffee - New 15 Yr Abs. NNN Fee Simple

Tucson, AZ

Years Remaining On Lease: 15.0

Cap Rate: 5.25%

Listing Price: $3,228,500

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Apartments

Alameda Villas

Phoenix, AZ

Number of Units: 15

Cap Rate: 5.75%

Listing Price: $8,699,000

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Manufactured Housing

Hidden Valley Rancho Mobile Home Park

Douglas, AZ

Price/Space: $22,222

Cap Rate: 8.53%

Listing Price: $600,000

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Retail

Starbucks Drive-Thru / Verizon Shops

Española, NM

Price/Gross SF: $516.23

Cap Rate: 6.35%

Listing Price: $2,890,900

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Mixed-Use

Carson City Aircraft Hangar

Carson City, NV

Gross SF: 3,074

Cap Rate: 4.80%

Listing Price: $825,000

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Apartments

East Fillmore

Phoenix, AZ

Number of Units: 41

Cap Rate: 6.84%

Listing Price: $6,400,000

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Apartments

Willetta

Phoenix, AZ

Number of Units: 28

Cap Rate: 6.40%

Listing Price: $3,800,000

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Net Lease

Take 5

Farmington, NM

Years Remaining On Lease: 14.8

Cap Rate: 6.25%

Listing Price: $2,464,000

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Net Lease

Bojangles Ground Lease - @ UNLV Campus - 20 Yr Lease

Las Vegas, NV

Years Remaining On Lease: 19.0

Cap Rate: 5.00%

Listing Price: $3,350,000

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Hospitality/Golf

Knights Inn Sierra Vista

Sierra Vista, AZ

Price/Room: $28,261

Cap Rate: 5.10%

Listing Price: $2,600,000

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Net Lease

Absolute NNN Taco Bell in Arizona | HIGH TENANT COMMITMENT! New 10 Year Lease Extension

Tuba City, AZ

Years Remaining On Lease: 10.2

Cap Rate: 6.30%

Listing Price: $1,998,603

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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

Strong Retail Sales Reinforce CRE Outlook

September 23, 2026

Economy

Research Brief

Retail Sales

September 2026

Research Video

Fed Rate Hike: Challenge or Opportunity?

September 18, 2026

GDP

Research Brief

Financial Markets

September 2026

mm financial

Research Brief

Inflation

September 2026

Research Video

Three Forces Pushing Interest Rates Higher

September 11, 2026

Employment

Research Brief

Employment

September 2026

Research Video

Investors Increasingly Focus on Smaller Metros

September 4, 2026

Housing

Research Brief

Housing

September 2026

Research Video

The Investors Driving CRE Transaction Velocity

August 28, 2026

Employment

Research Brief

Retail Sales

August 2026

Research Video

Office Sector Gains Momentum – Will Opportunities Emerge?

August 21, 2026

Research Video

Fed Faces Balancing Act Amid Economic Crosscurrents

August 14, 2026

Economy

Research Brief

Inflation

August 2026

Employment

Research Brief

Employment

August 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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Heartland Dental

Press Releases

Marcus & Millichap Arranges $8 Million Sale of Heartland Dental, VEG Retail Property in Winter Garden, Florida

Marcus & Millichap announced today the $8 million sale of a newly constructed, 8,836-square-foot retail property leased to Heartland Dental and Veterinary Emergency Group (VEG) in Winter Garden, Florida.

September 28, 2026

Black Rock Coffee

Press Releases

Marcus & Millichap Arranges Sale of Black Rock Coffee Property in Tucson, Arizona

Marcus & Millichap announced today the sale of a Black Rock Coffee property, a net-leased retail asset in Tucson, Arizona, for $2,480,000.

September 24, 2026

The Lodging Conference
Industry Events

The Lodging Conference

JW Marriott Desert Ridge Resort & Spa, Phoenix, AZ
October 5 – October 8, 2026
2026 CREDA Conference
Industry Events

CREDA Conference

Sheraton Downtown Denver, Denver, CO
October 5 – October 7, 2026
18th Annual InterFace Net Lease
Industry Events

18th Annual InterFace Net Lease

New York City Bar Association, New York, NY
October 7, 2026
NIC Fall Conference 2026
Industry Events

NIC Fall Conference

Sheraton Grand Chicago Riverwalk, Chicago, IL
October 21 – October 23, 2026
WMA Convention & Expo 2026
Industry Events

WMA Convention & Expo

M Resort Spa Casino, Henderson, NV
October 26 – October 29, 2026
Green Street News

Awards

Marcus & Millichap Recognized in Green Street’s Real Estate Alert 2026 Mid-Year Rankings

Marcus & Millichap ranked as the top broker for multifamily and self-storage and earned 13 No. 1 market rankings in Green Street's Real Estate Alert 2026 Mid-Year Rankings.

August 28, 2026

Applebees Surprise

Press Releases

Marcus & Millichap Arranges $3.54 Million Sale of Applebee's Property in Surprise, Arizona

Marcus & Millichap announced today the sale of a 5,103-square-foot Applebee's property for $3.54 million.

August 28, 2026

Plas Caliber Hotel Site

Press Releases

Marcus & Millichap Arranges $4.13 Million Land Sale for Planned Hotel in Phoenix

Marcus & Millichap announced today the sale of a 2.28-acre development site in north Phoenix for $4.125 million. 

August 27, 2026

7 Eleven

Press Releases

Marcus & Millichap Arranges $7.33 Million Sale of 7-Eleven in Alice, Texas

Marcus & Millichap announced today the sale of a 4,874-square-foot 7-Eleven property for $7.33 million.

August 24, 2026

Superstar Car Wash

Press Releases

Marcus & Millichap Arranges $5.85 Million Sale of Super Star Car Wash in Avondale, Arizona

Marcus & Millichap announced today the sale of Super Star Car Wash, an 11,662-square-foot net-leased property, for $5.85 million.

August 10, 2026

Extra Space Phoenix

Press Releases

Marcus & Millichap Brokers Sale of 984-Unit Self-Storage Facility in Phoenix

Marcus & Millichap announced today the sale of a 984-unit Extra Space Storage self-storage facility in Phoenix, Arizona.

August 06, 2026

MSM THE Show 2026
Industry Events

MSM's THE Show

Georgia World Congress Center, Atlanta, GA
November 4 – November 6, 2026
2026 Restaurant Finance & Development Conference
Industry Events

Restaurant Finance & Development Conference

Wynn Las Vegas, Las Vegas, NV
November 9 – November 11, 2026

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News & Events