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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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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.

Benjamin Yelm

Benjamin Yelm

Vice President/Regional Manager
Charles Gallagher

Charles Gallagher

Sales Manager
View Richmond agents & originators

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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Net Lease

Bank of America

Cockeysville, MD

Years Remaining On Lease: 4.5

Cap Rate: 5.50%

Listing Price: $6,272,000

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Net Lease

The Learning Experience (New 20-Year Lease)

Lansdale, PA

Years Remaining On Lease: 19.9

Cap Rate: 7.00%

Listing Price: $6,225,000

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Net Lease

O'Reilly Auto Parts

Virginia Beach, VA

Years Remaining On Lease: 10.9

Cap Rate: 6.15%

Listing Price: $1,848,000

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Net Lease

Valvoline - 15 Yr Ground Lease

Gibsonia, PA

Years Remaining On Lease: 14.3

Cap Rate: 5.50%

Listing Price: $1,273,000

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Net Lease

Verizon Regional Headquarters

Gibsonia (Pittsburgh MSA), PA

Years Remaining On Lease: 8.5

Cap Rate: 6.75%

Listing Price: $3,347,000

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Apartments

Chestnut Apartments

Portsmouth, VA

Number of Units: 32

Cap Rate: 7.32%

Listing Price: $3,425,000

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Net Lease

IHOP - Corporate Absolute Net Lease

Wilkes-Barre, PA

Years Remaining On Lease: 13.4

Cap Rate: 5.75%

Listing Price: $2,750,000

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Apartments

Sixteen Unit Apartment - Columbia Heights

Washington, DC

Number of Units: 16

Cap Rate: 7.00%

Listing Price: $2,942,000

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Land

PRIME REDEVELOPMENT SITE

Washington, DC

Lot Size: 0.74 acres

Listing Price: Request For Offer

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Apartments

1810 I Street NE - Luxury Condo Building

Washington, DC

Number of Units: 14

Cap Rate: 7.12%

Listing Price: $4,320,000

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Net Lease

Redner's

Camden, DE

Years Remaining On Lease: 8.2

Listing Price: $6,589,900

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Net Lease

Chase Bank | 15-Years Remaining | High Profile Location | Washington, DC MSA

Fredericksburg, VA

Years Remaining On Lease: 14.8

Cap Rate: 4.75%

Listing Price: $5,736,842

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Apartments

Crosscreek of Abingdon

Abingdon, VA

Number of Units: 37

Listing Price: Request For Offer

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Net Lease

Starbucks | 10-Years Remaining | Region's First Starbucks | Value-Add Potential

Pocomoke City, MD

Years Remaining On Lease: 10.3

Cap Rate: 6.00%

Listing Price: $2,833,333

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Apartments

3305 7th St NE

Washington, DC

Number of Units: 4

Cap Rate: 4.77%

Listing Price: $3,750,000

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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.

Research Video

Surging Sentiment Could Favor CRE in 2025

January 6, 2025

Research Video

The Three Trends Shaping the CRE Outlook

December 16, 2024

Research Video

The Structural Shift That Could Transform Real Estate

December 9, 2024

Employment

Research Brief

Employment

December 2024

Research Video

Will Holiday Spending Impact Real Estate This Year?

December 2, 2024

Research Video

How New Immigration Policies Could Influence CRE

November 25, 2024

Research Video

How the Election is Already Impacting CRE

November 18, 2024

Research Video

The Forces Driving Retail and Industrial CRE

November 11, 2024

Employment

Research Brief

Employment

November 2024

Research Video

Has Commercial Real Estate Performance Turned the Corner?

November 4, 2024

Research Video

Will Elevated Debt Threaten the Economy?

October 28, 2024

Research Video

Why CRE Insurance Costs Are Poised to Surge

October 21, 2024

mm construction

Special Report

East & Gulf Coast Dockworkers Strike

October 2024

Research Video

Will September Job Surge Put Rate Cuts on Hold?

October 14, 2024

Employment

Research Brief

Employment

October 2024

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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.

2025 Economic & CRE Outlook Webcast
Marcus & Millichap Events

2025 Economic & CRE Outlook Webcast

Live Webcast
January 23, 2025
NMHC Annual Meeting
Industry Events

NMHC Annual Meeting

ARIA Resort & Casino, Las Vegas, NV
January 28 – January 30, 2025
The Americas Lodging Investment Summit
Industry Events

The Americas Lodging Investment Summit

JW Marriott/Ritz-Carlton Los Angeles L.A. LIVE, Los Angeles, CA
January 28 – January 30, 2025
MBA CREF 2025
Industry Events

MBA CREF 2025

Manchester Grand Hyatt, San Diego, CA
February 9 – February 12, 2025
NIC Spring Conference
Industry Events

NIC Spring Conference

Marriott Marquis San Diego Marina, San Diego, CA
March 5 – March 7, 2025
SSA Spring Conference & Trade Show
Industry Events

SSA Spring Conference & Trade Show

Rosen Shingle Creek, Orlando, FL
March 12 – March 14, 2025
Hunter Hotel Investment Conference
Industry Events

Hunter Hotel Investment Conference

Atlanta Marriott Marquis, Atlanta, GA
March 18 – March 20, 2025
CNBC Features Hessam Nadji

Video

CNBC Features Marcus & Millichap CEO Hessam Nadji

Why 2025 Will Be A Turning Point For Commercial Real Estate

December 13, 2024

Hessam Nadji on Yahoo! Finance

Video

Yahoo! Finance Features Marcus & Millichap CEO Hessam Nadji

How Investors Are Adapting To The Evolving Interest Rate Outlook

December 12, 2024

Bloomberg Features Hessam Nadji

Video

Bloomberg News Features Marcus & Millichap CEO Hessam Nadji

2025: A Turning Point For Commercial Real Estate

December 11, 2024

Lofts at Henry Hall

Press Releases

Marcus & Millichap Facilitates $3.6M Sale of 21-Unit Apartment Property in Philadelphia

Marcus & Millichap announced today the sale of Lofts at Henry Hall, a 21-unit apartment property located in Philadelphia, Pennsylvania.

December 05, 2024

Old South Self Storage

Press Releases

Marcus & Millichap Arranges Sale of 198-Unit Self Storage Property on Nantucket Island

Marcus & Millichap announced today the sale of Old South Self Storage, a 198-unit self-storage property located in Nantucket, Massachusetts.

November 25, 2024

NYSE TV Features Marcus & Millichap CEO Hessam Nadji

Video

NYSE TV Features Marcus & Millichap CEO Hessam Nadji

Why CRE Investors Favor Retail Real Estate

November 15, 2024

Washington Square West

Press Releases

Marcus & Millichap Brokers Sale of Office Complex in Southern New Jersey

Marcus & Millichap announced today the sale of Washington Square West, a multi-tenant office complex located in Egg Harbor Township, New Jersey.

November 07, 2024

Aspen Dental Anchored Strip

Press Releases

Marcus & Millichap Brokers Sale of Retail Strip in Towson, Maryland

Marcus & Millichap announced today the sale of a two-building, four-tenant retail property located in Towson, Maryland.

October 30, 2024

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News & Events