Skip to main content
Location: Southwest | Change Location

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

Senior Vice President / Division Manager, Western Division

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.

Display Main

Net Lease

The Dispensary

Las Vegas, NV

Cap Rate: 6.00%

Listing Price: $3,175,000

Display Main

Net Lease

Jiffy Lube Ground Lease

Phoenix, AZ

Years Remaining On Lease: 3.2

Cap Rate: 7.15%

Listing Price: $1,230,000

Display Main

Retail

Rainbow Express Shopping Center: Harbor Freight Anchored

Las Vegas, NV

Price/Gross SF: $210.54

Cap Rate: 6.75%

Listing Price: $9,025,000

Display Main

Land

47.3 Acres At I-10 & Rt 90, Benson, AZ

Benson, AZ

Lot Size: 47.30 acres

Listing Price: $1,350,000

Display Main

Retail

Sierra Vista Shops - Target & Fry's Outparcel

Sierra Vista, AZ

Price/Gross SF: $551.99

Cap Rate: 6.25%

Listing Price: $3,058,048

Display Main

Net Lease

Walgreens w/ 5% Increases - High Performing Location

Coolidge, AZ

Years Remaining On Lease: 13.8

Cap Rate: 6.50%

Listing Price: $4,332,000

Display Main

Hospitality/Golf

Staybridge Suites Las Cruces

Las Cruces, NM

Price/Room: $125,652

Cap Rate: 10.16%

Listing Price: $14,450,000

Display Main

Net Lease

Vacant QSR Drive-Thru

Tucson, AZ

Listing Price: $2,400,000

Display Main

Apartments

Sunnyside Cottages

Phoenix, AZ

Number of Units: 6

Cap Rate: 5.14%

Listing Price: $1,125,000

Display Main

Land

Paradise

Las Vegas, NV

Lot Size: 0.14 acres

Listing Price: $799,000

Display Main

Apartments

Copper Creek

Tucson, AZ

Number of Units: 99

Listing Price: Request For Offer

Display Main

Net Lease

Fry's Fuel Station

Glendale, AZ

Years Remaining On Lease: 14.7

Cap Rate: 4.50%

Listing Price: $3,222,222

Display Main

Net Lease

Sierra Sotheby's International Realty

Incline Village, NV

Years Remaining On Lease: 2.8

Cap Rate: 4.75%

Listing Price: $2,060,000

Display Main

Apartments

Medlock Place

Phoenix, AZ

Number of Units: 13

Cap Rate: 5.00%

Listing Price: $3,400,000

Display Main

Retail

Plaza Mexico

Las Vegas, NV

Price/Gross SF: $181.72

Cap Rate: 7.26%

Listing Price: $3,500,000

Keep Exploring

See More

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

Understanding Today’s CRE Distress Landscape

May 19, 2025

Research Video

Can the Office Market Regain Its Footing in 2025?

May 5, 2025

Employment

Research Brief

Employment

April 2025

Housing

Special Report

Washington Statewide Rent Control

May 2025

Research Video

Retail CRE Positioned to Withstand Potential Headwinds

May 5, 2025

Research Video

Industrial Investments Durable Amid Uncertainty

April 30, 2025

Economy

Research Brief

Retail Sales

April 2025

Research Video

Multifamily Well Positioned to Face Economic Headwinds

April 28, 2025

mm hospitality

Market Report

2025 Hospitality Investment Outlook

2025 Outlook

Research Video

Emerging Signals in the Office Investment Market

April 23, 2025

Research Video

Private Investors Taking the Lead in CRE Investment?

April 21, 2025

Research Video

How Consumer Sentiment Could Shape Multifamily Demand

April 18, 2025

GDP

Research Brief

Inflation

April 2025

Employment

Special Report

U.S. Trade Policy

April 2025

Research Video

Financial Market Whiplash vs CRE Investment Durability

April 14, 2025

Keep Exploring

See More

RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

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

ICSC LAS VEGAS
Industry Events

ICSC LAS VEGAS

Las Vegas Convention Center, Las Vegas, NV
May 18 – May 20, 2025
Default, Distress & Opportunity Webcast
Marcus & Millichap Events

Default, Distress & Opportunity Webcast

Live Webcast
May 29, 2025
Retail Trends 2025
Marcus & Millichap Events

Retail Trends 2025

Live Webcast
June 4, 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

Bloomberg Features Hessam Nadji

Video

Bloomberg Radio Features Marcus & Millichap CEO Hessam Nadji

2025: A Turning Point For Commercial Real Estate

March 21, 2025

CRE.Converge
Industry Events

NAIOP CRE.Converge

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

Ridgeview Professional Complex

Press Releases

Marcus & Millichap Arranges the Sale of Ridgeview Professional Complex, a 19,920-Square Foot Office Building

Marcus & Millichap announced today the sale of Ridgeview Professional Complex, a 19,920-square foot office property located in Henderson, NV, according to Frank C. Glinton, regional manager of the Las Vegas office.

December 05, 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

Yahoo Finance

Media

Marcus & Millichap CEO Believes The Worst Damage "Has Already Been Done" To Commercial Real Estate And Upside Is Returning

The difficulties facing commercial real estate's office sector and their potential to cause a 2008-style meltdown have been a long-running story in real estate.

October 15, 2024

The Storage Center

Press Releases

Marcus & Millichap Facilitates Sale of 3,380-Unit Three-Property Self-Storage Portfolio

Marcus & Millichap announced today the sale of The Storage Center, a three-property, 3,380-unit self-storage portfolio consisting of multiple multi-story assets located in Austin and San Antonio, Texas and Glendale, Arizona.

October 01, 2024

CNBC Features Hessam Nadji

Video

CNBC International Features Marcus & Millichap CEO Hessam Nadji

International Investors Seek Safety in U.S. Real Estate

October 01, 2024

Bloomberg Features Hessam Nadji

Video

Bloomberg Features Marcus & Millichap CEO Hessam Nadji

Digging Below The Surface Of Real Estate Distress

September 25, 2024

Keep Exploring

See More

Interested in a Complimentary Valuation

Looking for Acquisition Opportunities

Seeking
Financing
Options

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.

We have you as being located in the Southwest region. Would you like to change this? Please change my location