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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

Optum Community Center

Albuquerque, NM

Years Remaining On Lease: 4.7

Cap Rate: 7.50%

Listing Price: $3,835,200

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Net Lease

Vacant Pad Site | No Vault - Las Vegas, NV

Las Vegas, NV

Listing Price: $999,999

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Net Lease

Sherwin Williams | Las Vegas, NV

Las Vegas, NV

Years Remaining On Lease: 3.0

Cap Rate: 5.75%

Listing Price: $1,871,165

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Net Lease

Black Rock Coffee

Tucson, AZ

Years Remaining On Lease: 13.7

Cap Rate: 6.25%

Listing Price: $2,480,000

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Net Lease

Dollar Tree - 10 Yr Renewal + Value-Add

Lovington, NM

Years Remaining On Lease: 9.9

Cap Rate: 6.69%

Listing Price: $1,450,000

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Industrial

841 S 71st Ave

Phoenix, AZ

Price/Gross SF: $199.55

Cap Rate: 1.00%

Listing Price: $7,850,000

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Land

7.14 Acres

Maricopa, AZ

Lot Size: 7.14 acres

Listing Price: Request For Offer

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Self-Storage

CubeSmart Self Storage (Managed) 3 Property Portfolio

Apache Junction, AZ

Year Built: 1983

Cap Rate: 6.15%

Listing Price: $12,700,000

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Land

Nellis Blvd IOS Property

Las Vegas, NV

Lot Size: 4.81 acres

Listing Price: $3,300,000

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Medical Office

Community Medical Services | Mesa, AZ

Mesa, AZ

Gross SF: 5,356

Cap Rate: 7.25%

Listing Price: $1,852,900

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Net Lease

Heartland Dental | 12 Yr Absolute NNN Lease

Bullhead City, AZ

Years Remaining On Lease: 11.0

Cap Rate: 5.50%

Listing Price: $3,894,545

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Net Lease

Dutch Bros | 13+ Years | Across from Walmart

Las Cruces, NM

Years Remaining On Lease: 13.3

Cap Rate: 5.35%

Listing Price: $2,822,500

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Self-Storage

Red Rock Mega Storage

Reno, NV

Year Built: 2022

Listing Price: $16,500,000

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Hospitality/Golf

La Quinta Inn by Wyndham Farmington

Farmington, NM

Price/Room: $50,467

Cap Rate: 12.05%

Listing Price: $5,400,000

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Apartments

Palm Square

Phoenix, AZ

Number of Units: 18

Cap Rate: 4.38%

Listing Price: $2,400,000

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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.

Research Video

How Iran Conflict Is Impacting The Economy and CRE

March 16, 2026

GDP

Research Brief

Inflation

March 2026

Research Video

CRE Retail Trends and Outlook for Top Markets

March 9, 2026

Employment

Research Brief

Employment

March 2026

mm retail

Market Report

2026 U.S. Retail Investment Forecast

2026 Outlook

Research Video

Supreme Court Struck Down Tariffs … Now What?

March 2, 2026

GDP

Research Brief

Trade Policy & GDP

February 2026

Research Video

How Wage Growth Is Reinforcing CRE

February 23, 2026

Research Video

Will Wall Of Multifamily Debt Maturities Create Opportunity?

February 23, 2026

Employment

Research Brief

Employment

February 2026

GDP

Research Brief

Inflation

February 2026

Research Video

Do Major Job Number Revisions Change the CRE Outlook?

February 17, 2026

Research Video

Has The Office Market Turned The Corner?

February 9, 2026

Research Video

The 2026 Outlook, per Conversations at NMHC Conference

February 2, 2026

GDP

Research Brief

Insights From The 2026 NMHC Conference

February 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.

SSA Spring Conference and Trade Show
Industry Events

SSA Spring Conference and Trade Show

Henry B. González Convention Center, San Antonio, TX
March 18 – March 20, 2026
BisNow3

Media

Why The Iran Conflict's Impact On U.S. Real Estate Hinges On When It Ends

The escalating U.S. war with Iran is spreading through the Middle East as Iran strikes back at what it defines as Western assets around the Persian Gulf.

March 17, 2026

Hunter Conference
Industry Events

Hunter Conference

Signia by Hilton Atlanta, Atlanta, GA
March 16 – March 18, 2026
NIC Spring Conference
Industry Events

NIC Spring Conference

Nashville, TN
March 30 – April 1, 2026
MHI Congress & Expo
Industry Events

MHI Congress & Expo

MGM Grand, Las Vegas, NV
April 7 – April 9, 2026
Inside Self-Storage World Expo
Industry Events

Inside Self-Storage World Expo

Caesars Forum Conference Center, Las Vegas, NV
April 7 – April 10, 2026
AAHOACON26
Industry Events

AAHOACON26

Philadelphia Convention Center, Philadelphia, PA
April 8 – April 10, 2026
CNBC Features Marcus & Millichap CEO Hessam Nadji

Video

CNBC Features Marcus & Millichap CEO Hessam Nadji

Will AI Disrupt CRE Brokerage and Office Space Demand?

February 13, 2026

The Car Wash Show
Industry Events

The Car Wash Show

Music City Center, Nashville, TN
May 11 – May 13, 2026
NYSE Features Marcus & Millichap CEO Hessam Nadji

Video

NYSE Features Marcus & Millichap CEO Hessam Nadji

Commercial Real Estate At A Turning Point?

January 23, 2026

Marcus & Millichap Logo

Press Releases

Marcus & Millichap Announces New Regional Leadership Titles Across the U.S. and Canada

Marcus & Millichap announced that effective Jan. 1, 2026, the firm transitioned its regional management position titles to market leader titles of Director, Managing Director and Senior Managing Director based on tenure and level of accomplishment.

January 20, 2026

ICSC LAS VEGAS
Industry Events

ICSC LAS VEGAS

Las Vegas Convention Center, Las Vegas, NV
May 18 – May 20, 2026
Yahoo! Finance Features Marcus & Millichap CEO Hessam Nadji

Video

Yahoo! Finance Features Marcus & Millichap CEO Hessam Nadji

Will 2026 Mark the Turning Point For Commercial Real Estate?

December 19, 2025

Schwab Network Features Marcus & Millichap CEO Hessam Nadji

Video

Schwab Network Features Marcus & Millichap CEO Hessam Nadji

How Fed Policies Are Shaping CRE Investment

December 12, 2025

Multi-Housing News

Media

Multifamily Investors Returning as Values Stabilize

With construction tapering, confidence is making a comeback.

December 05, 2025

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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.

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