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Glen Allen, Virginia

Commercial Real Estate in Richmond

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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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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.

Brian Hosey

Brian Hosey

Senior Managing Director / Market Leader
Charles Gallagher

Charles Gallagher

Associate Regional Manager
View Richmond agents & originators

The Richmond Office

The Marcus & Millichap Richmond office provides investment sales, research, and advisory services across property types including multifamily, retail, office, single-tenant net-lease, self-storage, seniors housing, hospitality, and land. Our Richmond commercial real estate agents utilize the firm’s national marketing platform to connect sellers and buyers to the largest selection of real estate properties for sale, as well as to a national pool of qualified private and institutional investors. Serving clients across the Mid-Atlantic and the Commonwealth of Virginia, the office also offers tailored commercial real estate financing solutions through Marcus & Millichap Capital Corporation (MMCC).

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

Bank of America

Cockeysville, MD

Years Remaining On Lease: 3.7

Cap Rate: 6.25%

Listing Price: $5,519,360

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Net Lease

Merrill Lynch Wealth Management

Williamsburg, VA

Years Remaining On Lease: 4.9

Cap Rate: 7.76%

Listing Price: $1,850,000

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Industrial

IAA (±24.5 AC IOS Site) | Richmond MSA

Ashland, VA

Price/Gross SF: $545.45

Cap Rate: 3.70%

Listing Price: $6,000,000

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Net Lease

Childtime | Learning Care Group (1,100+ Locations) | 18+ Year Operating History at Location

Virginia Beach, VA

Years Remaining On Lease: 5.7

Cap Rate: 7.50%

Listing Price: $1,687,000

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Self-Storage

Store-More Self Storage

Aylett, VA

Year Built: 2005

Cap Rate: 5.75%

Listing Price: $10,300,000

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Self-Storage

State College Storage Development

State College, PA

Year Built: 2025

Listing Price: $11,200,000

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Land

1110 Lighthouse Rd

Breezewood, PA

Lot Size: 63.75 acres

Listing Price: $650,000

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Apartments

Fairlawn apartments

Fairlawn, VA

Number of Units: 17

Cap Rate: 6.46%

Listing Price: $875,000

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Apartments

Park Station Villas

Waynesboro, VA

Number of Units: 28

Cap Rate: 6.82%

Listing Price: $1,870,000

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Medical Office

Logan Medical Office

Norristown, PA

Gross SF: 7,949

Listing Price: $680,000

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Net Lease

Jiffy Lube

Newport News, VA

Years Remaining On Lease: 4.1

Cap Rate: 6.50%

Listing Price: $1,875,000

Bidding Starts: Oct 27, 2025
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Retail

Auction - NN Popeyes & Dollar General | 2018 & 2021 Construction | 12+ Years WALT | $219K NOI

Folcroft, PA

Price/Gross SF: $88.13

Bidding Ends: Oct 29, 2025

Starting Bid: $850,000

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Apartments

14-16 S. Wycombe Ave

Lansdowne, PA

Number of Units: 5

Listing Price: $1,250,000

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Industrial

2700 Loch Raven Rd

Baltimore, MD

Price/Gross SF: $88.03

Listing Price: $9,700,000

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Self-Storage

Storage Solutions

Rehoboth Beach, DE

Year Built: 1900

Cap Rate: 5.17%

Listing Price: $19,800,000

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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.

US Money

Research Brief

Government Shutdown

October 2025

Housing

Research Brief

Housing

September 2025

Research Video

How Baby Boomers Are Transforming the CRE Landscape

September 29, 2025

Employment

Research Brief

Demographics

September 2025

Economy

Research Brief

Retail Sales

September 2025

Research Video

The Fed Cut Rates — Now What?

September 22, 2025

US Money

Research Brief

Employment & Rates

September 2025

GDP

Research Brief

Financial Markets

September 2025

GDP

Research Brief

Inflation

September 2025

Research Video

CRE at a Crossroads: Jobs, Rates and Market Liquidity

September 15, 2025

Employment

Research Brief

Employment & Rates

September 2025

Employment

Research Brief

Employment

September 2025

Research Video

If The Fed Cuts Interest Rates, Will Cap Rates Follow?

September 8, 2025

US Money

Research Brief

Cap Rates

September 2025

Research Video

Will A Wave Of Distressed CRE Come To Market?

September 2, 2025

Keep Exploring

Research

RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

Stay informed with the news and events impacting your investment strategy.

The Lodging Conference
Industry Events

The Lodging Conference

JW Marriott Phoenix Desert Ridge Resort & Spa, Phoenix, AZ
October 6 – October 10, 2025
2025 WMA Convention & Expo
Industry Events

2025 WMA Convention & Expo

Peppermill Resort, Reno, NV
October 6 – October 9, 2025
CREW Network Convention
Industry Events

CREW Network Convention

Fairmont Hotel, Austin, TX
October 8 – October 10, 2025
Globe St. Multifamily Fall
Industry Events

Globe St. Multifamily Fall

JW Marriott Los Angeles L.A. LIVE, Los Angeles, CA
October 20, 2025
Special Webcast: 2026 CRE Investment Outlook
Marcus & Millichap Events

Special Webcast: 2026 CRE Investment Outlook

Live Webcast
October 29, 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

The Wall Street Journal

Media

Lower Rates Are Set to Juice the Commercial-Property Market

New interest-rate easing cycle could lead to more property sales and lending, reversing yearslong slide

September 23, 2025

Bloomberg Features Hessam Nadji

Video

Bloomberg News Features Marcus & Millichap CEO Hessam Nadji

Fed Rate Cut and Increased Bank Lending Bolster CRE Outlook

September 19, 2025

CNBC Features Hessam Nadji

Video

CNBC Features Marcus & Millichap CEO Hessam Nadji

Durable CRE Space Demand Drives Investment Opportunity

September 19, 2025

Restaurant Finance & Development Conference
Industry Events

Restaurant Finance & Development Conference

The Bellagio, Las Vegas, NV
November 10 – November 12, 2025
ECORE Real Estate Summit
Industry Events

ECORE Real Estate Summit

Trump National Doral Miami, FL
November 16 – November 18, 2025
101 Orvis Wy, West Chester, PA 19382

Press Releases

Marcus & Millichap Brokers Sale of Net-Leased Ducklings Early Learning Center in Suburban Philadelphia

Marcus & Millichap announced today the sale of Ducklings Early Learning Center, an 11,191-square-foot net-leased daycare and preschool in West Chester, Pennsylvania, for $4,065,000

August 21, 2025

401-409 V St NE, Washington, DC 20002

Press Releases

Marcus & Millichap Brokers Sale of Vacant 12-Unit Apartment Property in Washington, D.C.

Marcus & Millichap announced today the sale of V Street Apartments, a vacant, 12-unit multifamily community in the Eckington neighborhood of Northeast Washington, D.C. for $775,500

August 07, 2025

Wawa Portfolio

Press Releases

Marcus & Millichap Closes $27 Million Wawa Portfolio Sale in a 1031 Exchange

Marcus & Millichap announced today the $27,142,794 sale of a four-property Wawa portfolio in Newtown, Pottstown, Warrington, and Fairless Hills, Pennsylvania.

August 06, 2025

GlobeSt. Healthcare
Industry Events

GlobeSt. Healthcare

Andaz Scottsdale Resort, Scottsdale, AZ
December 1 – December 2, 2025

Keep Exploring

News & Events