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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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Apartments

Renovated Six Unit Apartment - Washington DC

Washington, DC

Number of Units: 6

Cap Rate: 7.48%

Listing Price: $2,650,000

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Hospitality/Golf

Lord Baltimore Hotel

Baltimore, MD

Price/Room: $54,100

Cap Rate: 4.35%

Listing Price: $23,750,000

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Net Lease

Taco Bell-NNN Lease w/Recent Extension

Newport News, VA

Years Remaining On Lease: 14.4

Cap Rate: 5.75%

Listing Price: $1,954,069

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Net Lease

Pollo Campero NNN

Philadelphia, PA

Years Remaining On Lease: 9.4

Cap Rate: 5.60%

Listing Price: $2,142,000

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Apartments

Danville Portfolio

Danville, VA

Number of Units: 44

Cap Rate: 6.95%

Listing Price: $2,550,000

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Net Lease

APPLEBEE’S | 123 MEADOWFIELD LN

Princeton, WV

Years Remaining On Lease: 12.8

Cap Rate: 5.75%

Listing Price: $2,444,501

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Retail

Union Square | Bradford, PA

Bradford, PA

Price/Gross SF: $67.77

Cap Rate: 9.00%

Listing Price: $2,056,022

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Net Lease

Wendy’s NNN Lease Strong Sales Recent Remodel

Washington, DC

Years Remaining On Lease: 10.4

Cap Rate: 6.00%

Listing Price: $3,135,533

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Hospitality/Golf

Comfort Inn Grantsville - Deep Creek Lake

Grantsville, MD

Price/Room: $51,099

Cap Rate: 8.90%

Listing Price: $4,650,000

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Apartments

1 Manor Court

Thurmont, MD

Number of Units: 27

Cap Rate: 6.88%

Listing Price: $1,700,000

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Net Lease

AutoZone | 15-Years Remaining | Philadelphia MSA | Growing Chester County Location

Parkesburg, PA

Years Remaining On Lease: 20.1

Cap Rate: 4.65%

Listing Price: $1,832,258

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Net Lease

Ascend Cannabis Dispensary

Monaca, PA

Years Remaining On Lease: 11.6

Cap Rate: 9.25%

Listing Price: $4,705,000

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Hospitality/Golf

Super 8 by Wyndham

Williamsburg, VA

Price/Room: $41,122

Cap Rate: 7.23%

Listing Price: $4,400,000

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Net Lease

Truist Bank

Perry Hall, MD

Years Remaining On Lease: 5.7

Cap Rate: 6.50%

Listing Price: $3,077,000

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Self-Storage

Irongate Self Storage

Hamburg, PA

Year Built: 1989

Cap Rate: 8.44%

Listing Price: $900,000

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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.

VIEW ALL MID-ATLANTIC RESEARCH VIEW ALL U.S. & CANADA RESEARCH
Employment

Research Brief

Employment

August 2025

GDP

Research Brief

Gross Domestic Product

August 2025

Research Video

Why CRE Fundamentals Are Poised To Improve

July 28, 2025

Economy

Research Brief

Retail Sales

July 2025

Research Video

Will Office Recovery Influence the Broader CRE Market?

July 21, 2025

GDP

Research Brief

Inflation

July 2025

mm industrial

Market Report

2025 U.S. Industrial Investment Outlook Midyear

2025 Outlook

Research Video

New Tax Laws Ease Uncertainty: Implications For CRE Investors

July 14, 2025

mm self storage

Market Report

2025 U.S. Self-Storage Investment Outlook Midyear

2025 Outlook

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

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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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3013 Washington Pike, Bridgeville, Pennsylvania 15017

Press Releases

Marcus & Millichap Facilitates $10.6 Million Sale of ALDI-Anchored Retail Center in Pittsburgh Area

Marcus & Millichap announced today the sale of The Crossings at South Fayette, a 38,203-square-foot ALDI-anchored shopping center in Bridgeville, Pennsylvania, for $10,565,897

July 16, 2025

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

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
2025 NIC Fall Conference
Industry Events

2025 NIC Fall Conference

JW Marriott, Austin, TX
September 8 – September 10, 2025
CRE.Converge
Industry Events

NAIOP CRE.Converge

Sheraton Centre Toronto, Toronto, Ontario
September 8 – September 10, 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

The Lodging Conference
Industry Events

The Lodging Conference

JW Marriott Phoenix Desert Ridge Resort & Spa, Phoenix, AZ
October 6 – October 10, 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
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

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News & Events