Marcus & Millichap

  • $11,158,000,000 Value of recently closed transactions
  • 3,677 Closed sales in most recent year
  • $6,330,681,217 Total value of recent listings Search current listings
The retail industry forms one of the major foundations of the economy, and retail properties come in many forms, from neighborhood strip shopping centers to larger big-box destination-based formats.
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Marcus & Millichap’s National Retail Group (NRG) is comprised of more than 430 retail investment specialists located within the firm’s offices across the United States and Canada. The NRG provides investment, advisory and transaction services for all types of retail real estate, including single-tenant net leased properties, ground-leased properties, sale-leaseback structured finance and open air shopping centers of all sizes.

Scott Holmes

Scott M. Holmes
Senior Vice President / National Director, National Retail Group
(602) 687-6700

Featured Retail Properties

Service King

Net Leased Auto Service - Gas/Conv.

Villa Park, IL

Walgreens | Adjacent to Whole Foods

Net Leased Drug Store

Chicago, IL

Starbucks | Chipotle | T-Mobile Anchored Center

Shopping Neighborhood

Round Lake Beach, IL

14519 Vanowen St

Shopping Strip

Van Nuys, CA

Shopping Strip

Shopping Strip

Reseda, CA

CVS Hialeah (Exceptionally High Store Sales)

Net Leased Drug Store

Hialeah, FL

Retail Research and Data

Special Report

Healthy Property Metrics Override Concerns of Transitioning Market; Retail Investment...

Special Report

Redevelopment Opportunities Abound as Transformation Of Sector Spurs Bankruptcy of Historic...

Canada Retail Investment Forecast 2019

Retailers Adapting to Transforming Consumer Shopping Preferences E-commerce rewiring the...

2019 Retail Investment Forecast

2019 Retail Investment Forecast National Retail Index (NRI) Orlando (#7), Phoenix (#20) and...

Retail Market

Drug Store Sales Bolstered By Aging Population, Business Model Evolution;
Investors Enticed By Income Security and Extended Lease Terms

Pharmaceutical innovation that offers new treatments for a range of maladies together with a greater number of people with medical insurance have lifted prescription drug spending 9 percent over the past year. During the same time period, the number of insured Americans rose 1.8 percent to more than 289 million. Combined with nearly half of all citizens taking at least one prescription drug, health and personal care stores stand to benefit as these trends persist over the coming year.

Drug store performance has been robust over the past year, with the sector generating 6 percent retail sales growth, achieving the strongest performance of any brick-and-mortar retail segment. In addition, the sector has grown from 5.9 percent of retail sales in January 2000 to 7.6 percent at the end of 2016, indicating that operators are garnering a larger share of consumer spending as well. The sector’s prospects remain bright, bolstered by the aging of the U.S. population. Individuals over 65 comprise an estimated 15.1 percent of the population as of the first quarter of this year, which is forecast to rise to nearly 19 percent by 2025.