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Glen Allen, Virginia

Richmond Office

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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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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.

Benjamin Yelm

Benjamin Yelm

Vice President/Regional Manager
Direct: (843) 952-2300
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The Richmond Office

The Richmond office of Marcus & Millichap provides real estate investment sales, research information and advisory services for multifamily, retail, office, single-tenant net-lease, self-storage, seniors housing, manufactured homes, hospitality, land and special assets. Richmond agents leverage the firm's national marketing platform to provide real estate investors with access to the industry's largest inventory of deliverable commercial property as well as to the largest pool of qualified private and institutional buyers and sellers. Investment specialists conduct business within the Mid-Atlantic market and throughout the state of Virginia. The office also offers loan origination services through Marcus & Millichap Capital Corporation (MMCC) representatives.

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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Medical Office

Plains Animal Hospital & Northeast Vet Referral Center

Wilkes-Barre, PA

Gross SF: 27,115

Cap Rate: 8.50%

Listing Price: $4,866,000

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Net Lease

CVS

Forest, VA

Years Remaining On Lease: 12.6

Cap Rate: 6.50%

Listing Price: $2,869,000

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Net Lease

The Learning Experience | 20-Years Remaining | Washington, DC MSA | Corporate Guaranty

Winchester, VA

Years Remaining On Lease: 19.8

Cap Rate: 7.25%

Listing Price: $5,765,517

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Net Lease

Pollo Campero | RARE 20-Year Lease

Richmond, VA

Years Remaining On Lease: 20.2

Cap Rate: 5.50%

Listing Price: $3,000,000

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Hospitality/Golf

L' AUBERGE PROVENÇALE

Boyce, VA

Listing Price: $4,500,000

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Self-Storage

Rhino Self Storage - Morgantown, WV

Westover, WV

Year Built: 2022

Cap Rate: 4.84%

Listing Price: $9,500,000

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Net Lease

Fresenius Medical Care - Carmichaels (Dark)

Carmichaels, PA

Years Remaining On Lease: 2.3

Cap Rate: 14.00%

Listing Price: $548,000

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Net Lease

7-Eleven | 15-Years Remain | Washington, D.C. MSA | Part of Mixed-Use Development

La Plata, MD

Years Remaining On Lease: 14.9

Cap Rate: 5.25%

Listing Price: $7,198,895

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Land

900 Rockville Pike | Approved Project Plan | 0.59 Acre

Rockville, MD

Lot Size: 0.59 acres

Listing Price: $1,590,000

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Net Lease

IHOP - Corporate Absolute Net Lease

Wilkes-Barre, PA

Years Remaining On Lease: 12.9

Cap Rate: 6.00%

Listing Price: $2,635,417

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BP Gas Station | 7-Eleven Guarantee

Latrobe, PA

Years Remaining On Lease: 3.1

Cap Rate: 12.00%

Listing Price: $736,000

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O'Reilly

West Mifflin, PA

Years Remaining On Lease: 7.2

Cap Rate: 5.50%

Listing Price: $975,000

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Bidding Starts: Aug 11, 2025
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Retail

Auction -Former Applebee’s | 45K VPD Traffic Count

Radford, VA

Bidding Ends: Aug 13, 2025

Starting Bid: $150,000

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Self-Storage

North Lebanon Self Storage

Lebanon, PA

Year Built: 2021

Cap Rate: 5.83%

Listing Price: $5,200,000

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Self-Storage

Secure Self Storage

Pittsburgh, PA

Year Built: 2024

Cap Rate: 0.79%

Listing Price: $5,800,000

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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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Employment

Research Brief

Employment

July 2025

Research Video

The Eye of the Storm? Interest Rates, Tariffs and Uncertainty

July 7, 2025

Research Video

Local Rent Gains and The Big Picture

June 30, 2025

Research Video

Flat Fed, Inflation Risks & Durability of Retail Sales

June 23, 2025

Economy

Research Brief

Financial Markets

June 2025

Research Video

Have Tariffs Increased Inflation? Not Yet…

June 16, 2025

GDP

Research Brief

Inflation

June 2025

Research Video

Emerging Cap Rate Spreads and Trends

June 9, 2025

Employment

Research Brief

Employment

June 2025

Research Video

New Tax Bill May Bolster CRE Investment Climate

June 2, 2025

Research Video

Interest Rates on the Rise?

May 27, 2025

GDP

Research Brief

Inflation

May 2025

Employment

Research Brief

Retail Sales

May 2025

Research Video

Understanding Today’s CRE Distress Landscape

May 19, 2025

Research Video

Can the Office Market Regain Its Footing in 2025?

May 5, 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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GlobeSt.com

Media

Data Centers Fuel Record Spending on U.S. Energy Infrastructure

AI demands have ignited a new wave of data center development.

July 02, 2025

11th Annual National Net Lease Summit
Industry Events

11th Annual National Net Lease Summit

University Club, Chicago, IL
July 24, 2025
600 S Dearborn St, Chicago, IL 60605

Press Releases

Marcus & Millichap Arranges $4.1M Sale of Five-Suite Retail Property in Chicago

Marcus & Millichap announced today the sale of a five-suite retail property located at 600 S. Dearborn St. in Chicago, Illinois, for $4.1 million

June 30, 2025

2626 Pennsylvania Ave NW

Press Releases

Marcus & Millichap Brokers $12.7M Sale of Luxury Condo Development in D.C.’s West End

Marcus & Millichap announces today the sale of 2626 Pennsylvania Ave. NW, a proposed 32-unit residential development in Washington, D.C., for $12.7 million.

June 16, 2025

Charles Schwab Features Marcus & Millichap CEO Hessam Nadji

Video

Charles Schwab Features Marcus & Millichap CEO Hessam Nadji

Headwinds & Opportunities: The Forces Shaping CRE Investment Activity

June 10, 2025

1915 Benning Road

Press Releases

Marcus & Millichap Arranges $2.15M Sale of 9-Unit Multifamily Property in D.C.

Marcus & Millichap announced today the sale of 1915 Benning Road NE, a nine-unit multifamily property in the Kingman Park neighborhood of Washington, D.C., for $2.15 million.

June 04, 2025

Williamsport Pike

Press Releases

Marcus & Millichap Arranges $4.75M Sale of Industrial Property in Martinsburg, W.Va.

Marcus & Millichap announced today the sale of 5158 Williamsport Pike, a 67,200-square-foot industrial property in Martinsburg, West Virginia.

June 02, 2025

SSA 2025 Fall Conference & Trade Show
Industry Events

SSA 2025 Fall Conference & Trade Show

Aria Resort & Casino, Las Vegas, NV
September 2 – September 5, 2025
Chipotle Toledo

Press Releases

Marcus & Millichap Brokers Sale of Brand-New Chipotle Property in Toldeo, Ohio

Marcus & Millichap announced today the sale of a net-leased Chipotle property in Toldeo, Ohio for $2,185,000.

May 21, 2025

Modo Building

Press Releases

Marcus & Millichap Arranges $5.3M Sale of Multifamily Property in Washington, D.C.

Marcus & Millichap announced today the sale of Modo Apartments, a mixed-use property comprised of 17 multifamily units and one ground-floor retail bay in Washington, D.C.

May 19, 2025

CRE.Converge
Industry Events

NAIOP CRE.Converge

Sheraton Centre Toronto, Toronto, Ontario
September 8 – September 10, 2025
2025 NIC Fall Conference
Industry Events

2025 NIC Fall Conference

JW Marriott, Austin, TX
September 8 – September 10, 2025
The Storage Mall

Press Releases

Marcus & Millichap Brokers Sale of 548-Unit Self-Storage Property in East Syracuse, New York

Marcus & Millichap announced today the sale of The Storage Mall, a 548-unit self-storage property located in East Syracuse, New York.

May 13, 2025

Saigon Plaza

Press Releases

Marcus & Millichap Arranges $10M Sale of Grocery-Anchored Retail Center in Pennsauken Township, N.J.

Marcus & Millichap announced today the sale of Saigon Plaza, a multi-tenant, specialty grocery-anchored retail center located in Pennsauken Township, New Jersey.

May 07, 2025

Inspira Health

Press Releases

Marcus & Millichap Brokers $2.5M Sale of Medical Office Property in New Jersey

Marcus & Millichap announced today the sale of a 10,193-square-foot medical office property in Swedesboro, New Jersey.

May 06, 2025

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News & Events