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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.

Property SaleAuctionsConnect with an Advisor
$49.6 Billion

Value of Recently Closed Transactions

Southwest: $5B

7,836

Closed Sales in Most Recent Year

Southwest: 287

$10.9 Billion

Total Value of Recent Listings

1,249

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

Walgreens

Phoenix, AZ

Years Remaining On Lease: 2.1

Cap Rate: 6.72%

Listing Price: $3,395,000

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Apartments

Rose Vista

Phoenix, AZ

Number of Units: 11

Cap Rate: 6.22%

Listing Price: $1,975,000

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Net Lease

Dollar General | Albuquerque MSA

Moriarty, NM

Years Remaining On Lease: 13.6

Cap Rate: 7.10%

Listing Price: $1,889,000

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Apartments

Tierra Buena

Phoenix, AZ

Number of Units: 4

Cap Rate: 5.36%

Listing Price: $665,000

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Medical Office

333 Village Blvd

Incline Village, NV

Gross SF: 9,168

Cap Rate: 5.20%

Listing Price: $5,265,000

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Apartments

Macallister Pinnacle Vista

Scottsdale, AZ

Listing Price: $9,750,000

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Retail

Sierra Vista Shops - Target & Fry's Outparcel

Sierra Vista, AZ

Price/Gross SF: $530.69

Cap Rate: 6.50%

Listing Price: $2,940,000

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Net Lease

Sunrise Auto Center

Las Vegas, NV

Years Remaining On Lease: 0.1

Cap Rate: 1.82%

Listing Price: $1,975,000

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Industrial

3430-3450 Polaris Avenue

Las Vegas, NV

Price/Gross SF: $274.96

Cap Rate: 5.49%

Listing Price: $3,545,000

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Industrial

Stadium Submarket Owner-User Opportunity

Las Vegas, NV

Price/Gross SF: $301.50

Listing Price: $3,255,000

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Industrial

Pollux Avenue Collision Center

Las Vegas, NV

Price/Gross SF: $270.83

Cap Rate: 5.54%

Listing Price: $1,300,000

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Net Lease

Take 5 Oil Change Ground Lease

Sun City, AZ

Years Remaining On Lease: 15.4

Cap Rate: 5.25%

Listing Price: $1,524,000

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Retail

Desert Bloom Plaza

Las Vegas, NV

Price/Gross SF: $319.70

Cap Rate: 6.50%

Listing Price: $1,642,000

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Hospitality/Golf

Comfort Inn & Suites Albuquerque Downtown

Albuquerque, NM

Price/Room: $76,829

Cap Rate: 9.30%

Listing Price: $6,300,000

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Net Lease

Learning Care Group

Las Vegas, NV

Years Remaining On Lease: 9.1

Cap Rate: 6.75%

Listing Price: $2,444,444

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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.

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

GDP

Research Brief

Inflation

June 2025

Research Video

Emerging Cap Rate Spreads and Trends

June 9, 2025

Employment

Research Brief

Employment

June 2025

US Money

Special Report

California Multifamily Property Insurance

June 2025

Research Video

New Tax Bill May Bolster CRE Investment Climate

June 2, 2025

US Money

Special Report

Interest Rate Outlook

May 2025

Research Video

Interest Rates on the Rise?

May 27, 2025

GDP

Research Brief

Inflation

May 2025

Employment

Research Brief

Retail Sales

May 2025

Research Video

Understanding Today’s CRE Distress Landscape

May 19, 2025

Research Video

Can the Office Market Regain Its Footing in 2025?

May 5, 2025

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RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

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

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

11th Annual National Net Lease Summit
Industry Events

11th Annual National Net Lease Summit

University Club, Chicago, IL
July 24, 2025
Marcus & Millichap

Press Releases

Marcus & Millichap Announces Senior Management Reorganization to Maximize Growth Opportunities

Marcus & Millichap announced today a management realignment to streamline decision making, execution and allocation of key executives to strategic growth initiatives.

April 30, 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
Western States CREF Conference
Industry Events

Western States CREF Conference

Aria Resort & Casino, Las Vegas, NV
September 3 – September 5, 2025
CRE.Converge
Industry Events

NAIOP CRE.Converge

Sheraton Centre Toronto, Toronto, Ontario
September 8 – September 10, 2025
2025 NIC Fall Conference
Industry Events

2025 NIC Fall Conference

JW Marriott, Austin, TX
September 8 – September 10, 2025
ICSC@WESTERN
Industry Events

ICSC@WESTERN

Palm Springs Convention Center, Palm Springs, CA
September 28 – September 30, 2025
Bloomberg Features Hessam Nadji

Video

Bloomberg Radio Features Marcus & Millichap CEO Hessam Nadji

2025: A Turning Point For Commercial Real Estate

March 21, 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
Restaurant Finance & Development Conference
Industry Events

Restaurant Finance & Development Conference

The Bellagio, Las Vegas, NV
November 10 – November 12, 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

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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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