Skip to main content
Location: | 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
$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.

Display Main

Hospitality/Golf

Hyatt Place Flagstaff

Flagstaff, AZ

Price/Room: $207,292

Listing Price: $19,900,000

Display Main

Net Lease

Planet Fitness | 7.25% Cap Rate | Low $12.50/SF Rent | Phoenix, AZ

Phoenix, AZ

Years Remaining On Lease: 5.1

Cap Rate: 7.25%

Listing Price: $3,448,280

Display Main

Apartments

Courtyard on Mill

Tempe, AZ

Number of Units: 8

Cap Rate: 6.75%

Listing Price: $1,899,000

Display Main

Net Lease

Dutch Bros Coffee - New 15 Yr Abs. NNN Fee Simple

Tucson, AZ

Years Remaining On Lease: 15.0

Cap Rate: 5.25%

Listing Price: $3,228,500

Display Main

Manufactured Housing

Hidden Valley Rancho Mobile Home Park

Douglas, AZ

Price/Space: $22,222

Cap Rate: 8.53%

Listing Price: $600,000

Display Main

Apartments

Alameda Villas

Phoenix, AZ

Number of Units: 15

Cap Rate: 5.75%

Listing Price: $8,699,000

Display Main

Retail

Starbucks Drive-Thru / Verizon Shops

Española, NM

Price/Gross SF: $516.23

Cap Rate: 6.35%

Listing Price: $2,890,900

Display Main

Mixed-Use

Carson City Aircraft Hangar

Carson City, NV

Gross SF: 3,074

Cap Rate: 4.80%

Listing Price: $825,000

Display Main

Apartments

Willetta

Phoenix, AZ

Number of Units: 28

Cap Rate: 6.40%

Listing Price: $3,800,000

Display Main

Apartments

East Fillmore

Phoenix, AZ

Number of Units: 41

Cap Rate: 6.84%

Listing Price: $6,400,000

Display Main

Net Lease

Take 5

Farmington, NM

Years Remaining On Lease: 14.9

Cap Rate: 6.25%

Listing Price: $2,464,000

Display Main

Net Lease

Bojangles Ground Lease - @ UNLV Campus - 20 Yr Lease

Las Vegas, NV

Years Remaining On Lease: 19.1

Cap Rate: 5.00%

Listing Price: $3,350,000

Display Main

Net Lease

Absolute NNN Taco Bell in Arizona | HIGH TENANT COMMITMENT! New 10 Year Lease Extension

Tuba City, AZ

Years Remaining On Lease: 10.2

Cap Rate: 6.30%

Listing Price: $1,998,603

Display Main

Net Lease

Brand New 2026 Construction Tractor Supply Co in Ruidoso Downs, NM I Investment Grade Tenant

Ruidoso Downs, NM

Years Remaining On Lease: 15.2

Listing Price: $8,665,000

Display Main

Land

21.97 Acres

Payson, AZ

Lot Size: 21.97 acres

Listing Price: Request For Offer

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

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

mm financial

Research Brief

Inflation

September 2026

Research Video

Three Forces Pushing Interest Rates Higher

September 11, 2026

Employment

Research Brief

Employment

September 2026

Research Video

Investors Increasingly Focus on Smaller Metros

September 4, 2026

Housing

Research Brief

Housing

September 2026

Research Video

The Investors Driving CRE Transaction Velocity

August 28, 2026

Employment

Research Brief

Retail Sales

August 2026

Research Video

Office Sector Gains Momentum – Will Opportunities Emerge?

August 21, 2026

Research Video

Fed Faces Balancing Act Amid Economic Crosscurrents

August 14, 2026

Economy

Research Brief

Inflation

August 2026

Employment

Research Brief

Employment

August 2026

Keep Exploring

See More

RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

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

The Lodging Conference
Industry Events

The Lodging Conference

JW Marriott Desert Ridge Resort & Spa, Phoenix, AZ
October 5 – October 8, 2026
2026 CREDA Conference
Industry Events

CREDA Conference

Sheraton Downtown Denver, Denver, CO
October 5 – October 7, 2026
18th Annual InterFace Net Lease
Industry Events

18th Annual InterFace Net Lease

New York City Bar Association, New York, NY
October 7, 2026
Applebees Surprise

Press Releases

Marcus & Millichap Arranges $3.54 Million Sale of Applebee's Property in Surprise, Arizona

Marcus & Millichap announced today the sale of a 5,103-square-foot Applebee's property for $3.54 million.

August 28, 2026

Green Street News

Awards

Marcus & Millichap Recognized in Green Street’s Real Estate Alert 2026 Mid-Year Rankings

Marcus & Millichap ranked as the top broker for multifamily and self-storage and earned 13 No. 1 market rankings in Green Street's Real Estate Alert 2026 Mid-Year Rankings.

August 28, 2026

Plas Caliber Hotel Site

Press Releases

Marcus & Millichap Arranges $4.13 Million Land Sale for Planned Hotel in Phoenix

Marcus & Millichap announced today the sale of a 2.28-acre development site in north Phoenix for $4.125 million. 

August 27, 2026

NIC Fall Conference 2026
Industry Events

NIC Fall Conference

Sheraton Grand Chicago Riverwalk, Chicago, IL
October 21 – October 23, 2026
7 Eleven

Press Releases

Marcus & Millichap Arranges $7.33 Million Sale of 7-Eleven in Alice, Texas

Marcus & Millichap announced today the sale of a 4,874-square-foot 7-Eleven property for $7.33 million.

August 24, 2026

WMA Convention & Expo 2026
Industry Events

WMA Convention & Expo

M Resort Spa Casino, Henderson, NV
October 26 – October 29, 2026
Superstar Car Wash

Press Releases

Marcus & Millichap Arranges $5.85 Million Sale of Super Star Car Wash in Avondale, Arizona

Marcus & Millichap announced today the sale of Super Star Car Wash, an 11,662-square-foot net-leased property, for $5.85 million.

August 10, 2026

Extra Space Phoenix

Press Releases

Marcus & Millichap Brokers Sale of 984-Unit Self-Storage Facility in Phoenix

Marcus & Millichap announced today the sale of a 984-unit Extra Space Storage self-storage facility in Phoenix, Arizona.

August 06, 2026

MSM THE Show 2026
Industry Events

MSM's THE Show

Georgia World Congress Center, Atlanta, GA
November 4 – November 6, 2026
2026 Restaurant Finance & Development Conference
Industry Events

Restaurant Finance & Development Conference

Wynn Las Vegas, Las Vegas, NV
November 9 – November 11, 2026
Dash Car Wash

Press Releases

Marcus & Millichap Arranges Sale of Phoenix Car Wash Property

Marcus & Millichap announced today the sale of Dash Car Wash, a 1,965-square-foot net-leased property in Phoenix, Arizona. 

July 31, 2026

Bloomberg Features Hessam Nadji

Video

Bloomberg Features Marcus & Millichap CEO Hessam Nadji

CRE Activity on the Rise? The Forces Bolstering Investment Property

July 23, 2026

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 region. Would you like to change this? Please change my location