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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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$43.6 Billion

Value of Recently Closed Transactions

Midwest: $8.3B

7,546

Closed Sales in Most Recent Year

Midwest: 1,284

$10.1 Billion

Total Value of Recent Listings

1,076

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 twelve offices here in the Midwest. 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.

m glass

Michael Glass

Senior Vice President / Division Manager / National Director, Manufactured Housing Division

CURRENT MIDWEST 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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Retail

Salem Shopping Center

Salem, IL

Price/Gross SF: $163.00

Cap Rate: 8.25%

Listing Price: $4,482,509

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Retail

Marion Shopping Center

Marion, IL

Price/Gross SF: $182.44

Cap Rate: 8.25%

Listing Price: $4,469,794

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Net Lease

Caliber Collision | Brand New 2024 Construction | Home to Notre Dame University

South Bend, IN

Years Remaining On Lease: 14.8

Cap Rate: 6.55%

Listing Price: $4,571,000

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Apartments

Glenstone

Indianapolis, IN

Number of Units: 44

Cap Rate: 6.28%

Listing Price: $2,225,000

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Apartments

6356 South Sacramento Avenue

Chicago, IL

Number of Units: 10

Cap Rate: 8.92%

Listing Price: $795,000

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Net Lease

Dollar General | Fort Wayne MSA

Garrett, IN

Years Remaining On Lease: 14.7

Cap Rate: 6.75%

Listing Price: $2,097,000

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Net Lease

Dollar General | Lansing MSA

Morrice, MI

Years Remaining On Lease: 14.8

Cap Rate: 6.75%

Listing Price: $2,210,000

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Net Lease

Starbucks | New Drive-Thru Prototype | Grocery Anchored Outparcel

Moorhead, MN

Years Remaining On Lease: 10.0

Cap Rate: 6.40%

Listing Price: $2,594,000

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Net Lease

Starbucks | New 10-Yr. Lease | No Early Termination

Arkansas City (South of Wichita), KS

Years Remaining On Lease: 10.5

Cap Rate: 6.95%

Listing Price: $2,403,000

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Net Lease

Yesway

Mason City, IA

Years Remaining On Lease: 3.6

Cap Rate: 9.00%

Listing Price: $1,735,478

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Retail

Add Value Walmart & Menards Outparcel

Antioch, IL

Price/Gross SF: $207.84

Cap Rate: 7.50%

Listing Price: $4,515,000

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Industrial

Kak LLC Warehousing Distribution One-Year Leaseback

South Bend, IN

Price/Gross SF: $20.51

Cap Rate: 10.41%

Listing Price: $7,200,000

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Net Lease

Walgreens in Mt. Greenwood Chicago – #1 Neighborhood

Chicago, IL

Years Remaining On Lease: 11.4

Cap Rate: 6.40%

Listing Price: $7,578,000

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Net Lease

Panera Bread | New 15-Yr. Absolute NNN

Cincinnati, OH

Years Remaining On Lease: 14.6

Cap Rate: 5.50%

Listing Price: $3,652,000

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Net Lease

Wendy's

Eastpointe, MI

Years Remaining On Lease: 14.1

Cap Rate: 6.25%

Listing Price: $2,538,544

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RECENT MIDWEST 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

What's the Long Term CRE Outlook?

June 3, 2024

Housing

Research Brief

Housing

May 2024

GDP

Research Brief

Inflation

May 2024

mm multifamily

Special Report

Multifamily National Report

2Q 2024

Retail

Research Brief

Retail Sales

May 2024

mm net lease

Special Report

U.S. Single-Tenant Net-Lease Retail National Report

1H 2024

Research Video

What April Inflation Data Means for Investors

May 20, 2024

Research Video

Potential Risks Investors Should Monitor

May 13, 2024

Research Video

What the Affordability Gap Means for Investors

May 7, 2024

Research Video

1Q CRE Fundamentals Update

May 6, 2024

Research Video

Investor Opinions on CRE Pricing

April 29, 2024

Retail

Special Report

Grocery Sector Outlook

April 2024

GDP

Research Brief

Gross Domestic Product

April 2024

Housing

Research Brief

Housing

April 2024

Retail

Research Brief

Retail Sales

April 2024

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RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

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

Retail Trends 2024
Marcus & Millichap Events

Retail Trends 2024

Live Webcast
June 13, 2024
Multi-Housing News

Media

2024 Top Brokerage Firms

MHN unveils the 15 leading firms—plus the top performers for sales volume and product diversity—in our latest annual ranking.

May 29, 2024

CubeSmart in Kenosha, WI

Press Releases

Marcus & Millichap Arranges the Sale of CubeSmart (Managed) in Kenosha, Wisconsin

Marcus & Millichap today announced the sale of a 90,900-square-foot CubeSmart (Managed) self-storage property.

May 13, 2024

Caliber Collision OFallon

Press Releases

Marcus & Millichap Arranges the Sale of a Net-Leased Property in O’Fallon, Illinois

Marcus & Millichap announced today the sale of Caliber Collision, a net-leased property located in O'Fallon, Illinois

May 06, 2024

Holiday Inn Devils

Press Releases

Marcus & Millichap Arranges the Sale of a 60-Room Hospitality Property in North Dakota

Marcus & Millichap announced today the sale of Holiday Inn Express, a 60-room hospitality property located in Devils Lake, ND

May 02, 2024

1425 Gendale

Press Releases

Marcus & Millichap Arranges the Sale of an Indiana Medical Office Building in Receivership

Marcus & Millichap announced today the receivership sale of 1425 Glendale Ave., a medical office property located in Valparaiso, Indiana

May 01, 2024

Grand Riverside

Press Releases

Marcus & Millichap Arranges Sale of an 18-Unit Mixed-Use Property in Milwaukee''s Third Ward

Marcus & Millichap announced today the sale of Grand Riverside Residences, located in Milwaukee’s Third Ward

April 25, 2024

Apartment Building in University City, MI

Press Releases

Marcus & Millichap Arranges the Sale of a 3-Unit Apartment Building in Missouri

Marcus & Millichap announced today the sale of 716 Westgate Ave., a 3-unit apartment property located in University City, Missouri

April 25, 2024

Yahoo Finance Features Hessam Nadji

Video

Yahoo! Finance Features Marcus & Millichap CEO Hessam Nadji

The Two Sides of Commercial Real Estate

April 24, 2024

Fairborn Self Storage

Press Releases

Marcus & Millichap Announces the Sale of Fairborn Self Storage in Ohio

Marcus & Millichap announced today the sale of Fairborn Self Storage, a 65,514-square-foot self-storage facility located in Fairborn, Ohio

April 23, 2024

OReilly London

Press Releases

Marcus & Millichap Announces the Sale of O’Reilly Shops in Ohio

Marcus & Millichap announced today the sale of O'Reilly Shops, a 13,023-square-foot retail property located in London, Ohio

April 17, 2024

Clarion Pointe

Press Releases

Marcus & Millichap Arranges the Sale of a 67-Room Hospitality Property in Wisconsin

Marcus & Millichap announced today the sale of Clarion Pointe Tomah, a 67-room hospitality property located in Tomah, Wisconsin

April 17, 2024

Bloomberg Features Hessam Nadji

Video

Bloomberg Features Marcus & Millichap CEO Hessam Nadji

The Psychology of Rate Cuts Influencing CRE Investment

April 12, 2024

Walgreens  Machesney

Press Releases

Marcus & Millichap Announces the Sale of a Net-Leased Walgreens in Illinois

Marcus & Millichap announced today the sale of Walgreens, a 14,490-Square-Foot property located in Machesney Park, Illinois

April 04, 2024

Globest 2024 Best Places To Work Emblem

Media

GlobeSt. 2024 Best Places to Work

CRE's Best Places To Work

April 02, 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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