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Global Reach, Local Expertise

Welcome to Marcus & Millichap, the #1 commercial real estate investment brokerage and capital markets services firm in North America.

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$50.9 Billion

Value of Recently Closed Transactions

Southwest: $3.5B

8,818

Closed Sales in Most Recent Year

Southwest: 289

$12.5 Billion

Total Value of Recent Listings

1,659

Closed Financings in Most Recent Year

Our Impact

A Legacy of Success, Built for the Future

For more than 50 years, Marcus & Millichap has worked tirelessly to help our clients create and preserve wealth through commercial real estate investment sales as well as debt and equity advisory. Since our founding in 1971, we have grown to more than 80 offices throughout the United States and Canada, including five offices here in the Southwest. We also assembled the industry’s largest and most qualified team of specialists to help provide real estate solutions that match your unique investment needs. Connect with an advisor today.

J. Vorsheck

John Vorsheck

Executive Managing Director / Divisional Chief Revenue Officer, Western

CURRENT SOUTHWEST 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

Red Lobster (13 Years Remain - Huge Sales)

Farmington, NM

Years Remaining On Lease: 12.7

Cap Rate: 7.00%

Listing Price: $4,896,000

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Net Lease

The Wash Works Auto Spa & Detail | Business + Real Estate | Sierra Vista, AZ

Sierra Vista, AZ

Years Remaining On Lease: 0.1

Cap Rate: 7.57%

Listing Price: $2,599,999

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Office

203 Water Street

Henderson, NV

Price/Gross SF: $225.36

Cap Rate: 3.84%

Listing Price: $2,934,000

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Hospitality/Golf

Clarion Inn & Suites Roswell

Roswell, NM

Price/Room: $20,161

Listing Price: $2,500,000

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Net Lease

Circle K - Recent 10 Yr Renewal Abs NNN

Tolleson, AZ

Years Remaining On Lease: 8.4

Cap Rate: 4.65%

Listing Price: $2,449,000

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Land

2.86 Acres on State Rt 260

Payson, AZ

Lot Size: 2.86 acres

Listing Price: Request For Offer

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Land

35.5 Acres N Park Drive

Winslow, AZ

Lot Size: 35.50 acres

Listing Price: $800,000

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Net Lease

Heartland Dental | 12 Yr Absolute NNN Lease

Bullhead City, AZ

Years Remaining On Lease: 10.4

Cap Rate: 5.60%

Listing Price: $3,825,000

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Hospitality/Golf

Sleep Inn & Suites Hobbs

Hobbs, NM

Price/Room: $85,821

Cap Rate: 1.00%

Listing Price: $5,750,000

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Net Lease

Former Denny's - For Sale/For Lease

Holbrook, AZ

Years Remaining On Lease: 1.0

Listing Price: $1,500,000

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Retail

WinCo Shops @ 3rd Ave - 100% Leased

Phoenix, AZ

Price/Gross SF: $646.36

Cap Rate: 6.15%

Listing Price: $4,977,000

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Net Lease

Simon Medical Imaging - Brand New 10-Yr Extension

Prescott, AZ

Years Remaining On Lease: 10.3

Cap Rate: 5.85%

Listing Price: $3,313,000

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Net Lease

Former Circle K - Re-Tenant / Redevelopment Opportunity

Tempe, AZ

Years Remaining On Lease: 1.2

Listing Price: $1,275,000

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Retail

Sahara Eastern Plaza

Las Vegas, NV

Price/Gross SF: $398.55

Cap Rate: 6.35%

Listing Price: $3,475,000

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Mixed-Use

Carson City Aircraft Hangar

Carson City, NV

Gross SF: 3,074

Cap Rate: 4.80%

Listing Price: $750,000

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RECENT SOUTHWEST 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

Financial Markets

November 2026

Housing

Research Brief

Housing

November 2026

Research Video

The CRE Ripple Effects of Slowing Home Sales

October 30, 2026

Research Video

Do Macro Trends Tell the Real Story?

October 23, 2026

Economy

Research Brief

Inflation

October 2026

Economy

Research Brief

Retail Sales

October 2026

Research Video

Slowing Development Key to CRE Outlook

October 16, 2026

Research Video

Job Creation Downshift Reshapes CRE Outlook

October 9, 2026

Housing

Research Brief

Housing

October 2026

Employment

Research Brief

Employment

October 2026

Research Video

Despite Headwinds, Economy Remains Durable

October 2, 2026

Research Video

Strong Retail Sales Reinforce CRE Outlook

September 23, 2026

Economy

Research Brief

Retail Sales

September 2026

Research Video

Fed Rate Hike: Challenge or Opportunity?

September 18, 2026

GDP

Research Brief

Financial Markets

September 2026

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RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

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

MSM THE Show 2026
Industry Events

MSM's THE Show

Georgia World Congress Center, Atlanta, GA
November 4 – November 6, 2026
Ditch Bros Georgia

Press Releases

Marcus & Millichap Arranges $2.7 Million Sale of Newly Built Dutch Bros Property in Statesboro, Georgia

Marcus & Millichap announced today the sale of a newly built, 950-square-foot Dutch Bros property in Statesboro, Georgia, for $2.7 million.

November 03, 2026

2026 Restaurant Finance & Development Conference
Industry Events

Restaurant Finance & Development Conference

Wynn Las Vegas, Las Vegas, NV
November 9 – November 11, 2026
KinderCare

Press Releases

Marcus & Millichap Facilitates Off-Market Sale of KinderCare in Zionsville, Indiana

Marcus & Millichap announced today the sale of KinderCare, an 11,990-square-foot net-leased child care property.

October 23, 2026

Whistle Express Car Wash

Press Releases

Marcus & Millichap Arranges $6.009 Million Sale of Whistle Express Car Wash in Clarksville, Tennessee

Marcus & Millichap announced today the sale of Whistle Express Car Wash, a 3,675-square-foot net-leased car wash property for $6.009 million.

October 22, 2026

Defease With Ease PR Logo

Press Releases

Marcus & Millichap Names Defease With Ease | Thirty Capital a Preferred Partner for Debt Management Services

Marcus & Millichap announced that Defease With Ease | Thirty Capital has joined the firm’s Preferred Partner Program, providing clients with access to specialized expertise in defeasance, interest rate hedging and yield maintenance.

October 21, 2026

Connect CRE logo

Awards

Candace Bare Recognized by Connect CRE’s 2026 Women in Real Estate Awards

Candace Bare, senior director investments in Marcus & Millichap’s Las Vegas office, was recognized by Connect CRE as part of its 2026 Women in Real Estate Awards for the Phoenix/Southwest region.

October 20, 2026

La Petite Academy

Press Releases

Marcus & Millichap Facilitates Sale of La Petite Academy in Oakdale, Minnesota

Marcus & Millichap announced today the sale of a 7,700-square-foot La Petite Academy property in Oakdale, Minnesota.

October 13, 2026

Bloomberg Features Hessam Nadji

Video

Bloomberg Features Marcus & Millichap CEO Hessam Nadji

How Will CRE Investors Adapt? Rising Interest Rates and The CRE Space Demand

October 09, 2026

Starbucks Jacksonville

Press Releases

Marcus & Millichap Arranges $2.6 Million Sale of Longstanding Starbucks in Jacksonville, Florida

Marcus & Millichap announced today the $2.6 million sale of a 1,710-square-foot Starbucks property.

October 06, 2026

CNBC Features Hessam Nadji

Video

CNBC Features Marcus & Millichap CEO Hessam Nadji

Will Elevated Interest Rates Force CRE Pricing Recalibration?

October 05, 2026

Applebees Indiana

Press Releases

Marcus & Millichap Arranges $2.15 Million Sale of Applebee's Property in Marion, Indiana

Marcus & Millichap announced today the $2.15 million sale of an Applebee's restaurant property in Marion, Indiana.

October 05, 2026

Filibertos Williams

Press Releases

Marcus & Millichap Brokers $2.04 Million Sale of 20-Year Net-Leased Filiberto's Near Grand Canyon Gateway

Marcus & Millichap announced today the sale of a 3,407-square-foot Filiberto's restaurant property near Interstate 40 and historic Route 66 for $2.04 million.

October 01, 2026

ICSC New York
Industry Events

ICSC New York

Jacob K. Javits Convention Center, New York, NY
December 9 – December 10, 2026
Heartland Dental

Press Releases

Marcus & Millichap Arranges $8 Million Sale of Heartland Dental, VEG Retail Property in Winter Garden, Florida

Marcus & Millichap announced today the $8 million sale of a newly constructed, 8,836-square-foot retail property leased to Heartland Dental and Veterinary Emergency Group (VEG) in Winter Garden, Florida.

September 28, 2026

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1031 exchange background

Looking to Reinvest?
Let Us Help You With Your Next Exchange.

Instead of immediately paying capital gains on the sale of a property (the “down leg”), many investors prefer to defer that payment by purchasing a new property (the “up leg”) with the proceeds. This is commonly referred to as a 1031 exchange, in reference to the section of U.S. tax code that defines it. There are specific rules and timelines related to a 1031 exchange, and it is important to have an experienced and knowledgeable specialist handling the process.

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