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Phoenix, Arizona

Commercial Real Estate in Phoenix

Contact Our Office

2398 East Camelback Road, Suite 300
Phoenix, AZ 85016
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Phone: (602) 687-6700
Fax: (602) 687-6710

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Connect With Our Team

In 1971, Marcus & Millichap was founded on a unique set of principles to maximize value for real estate investors and, in the process, revolutionized the brokerage industry.

Ryan Sarbinoff

Ryan Sarbinoff

Senior Managing Director, Market Leader - Arizona
Direct: (602) 687-6750
James K. Crawley

James K. Crawley

Managing Director, Market Leader- Arizona
Direct: (602) 687-6807
View Phoenix agents & originators

The Phoenix Office

The Phoenix office of Marcus & Millichap provides real estate investment clients with the opportunity to buy and sell all types of commercial property, including apartments, retail, office, single-tenant net-lease, industrial, healthcare, self-storage, seniors housing, hospitality, land, manufactured homes and special assets. The Phoenix agents represent commercial real estate investors throughout the Phoenix MSA, Arizona and surrounding states. Investment professionals also leverage Marcus & Millichap’s industry-leading research to offer investment real estate advisory services on individual properties and portfolios. Commercial real estate financing services are offered by a loan originator with Marcus & Millichap Capital Corporation (MMCC).

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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Retail

Goodwill

Bullhead City, AZ

Price/Gross SF: $213.58

Cap Rate: 9.00%

Listing Price: $2,830,000

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Retail

Panda Express & Starbucks

Sparks, NV

Price/Gross SF: $770.43

Cap Rate: 5.35%

Listing Price: $2,715,000

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Office

3002 N 67th Place

Scottsdale, AZ

Price/Gross SF: $330.80

Listing Price: $1,000,000

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Net Lease

Planet Fitness | 6.50% Cap Rate | Low $12.50/SF Rent | Phoenix, AZ

Phoenix, AZ

Years Remaining On Lease: 5.4

Cap Rate: 6.50%

Listing Price: $3,846,200

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Retail

Shops on Thomas

Phoenix, AZ

Price/Gross SF: $155.04

Cap Rate: 1.30%

Listing Price: $3,400,000

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Apartments

Villa Siena

Phoenix, AZ

Number of Units: 14

Cap Rate: 5.00%

Listing Price: $3,340,000

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Net Lease

Chipotle - Scottsdale

Scottsdale, AZ

Years Remaining On Lease: 7.9

Cap Rate: 4.75%

Listing Price: $3,031,000

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Apartments

2027 LURA Expirations

Scottsdale, AZ

Number of Units: 20

Cap Rate: 1.81%

Listing Price: $4,200,000

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Land

1.61 ACRES IN HOLBROOK ARIZONA

Holbrook, AZ

Lot Size: 1.61 acres

Listing Price: $600,000

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Self-Storage

Red Rock Mega Storage

Reno, NV

Year Built: 2022

Listing Price: $15,750,000

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Retail

Bell Park Plaza

Glendale, AZ

Price/Gross SF: $265.83

Cap Rate: 7.65%

Listing Price: $8,900,000

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Land

191ST AND JOMAX RV STORAGE

Wittmann, AZ

Lot Size: 8.32 acres

Listing Price: $3,200,000

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Manufactured Housing

El Prado MH & RV Park

Yuma, AZ

Price/Space: $12,258

Cap Rate: 4.74%

Listing Price: $1,900,000

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Self-Storage

Spring Valley Self Storage

Mayer, AZ

Year Built: 1999

Cap Rate: 7.01%

Listing Price: $1,000,000

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Apartments

Sunrise Apartments

Las Vegas, NV

Number of Units: 56

Cap Rate: 6.03%

Listing Price: $8,100,000

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Properties

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.

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GDP

Research Brief

Financial Markets

June 2026

Research Video

Can CRE Provide Investment Inflation Resistance?

June 19, 2026

Research Video

How Stronger Hiring and Rising Inflation Could Shape CRE

June 12, 2026

GDP

Research Brief

Inflation

June 2026

Employment

Research Brief

Employment

June 2026

Research Video

Inflation vs. Summer Travel — Hospitality Outlook

June 5, 2026

Research Video

The Forces Driving Interest Rates

May 29, 2026

Research Video

The Forces Driving the Industrial Real Estate Outlook

May 22, 2026

Employment

Research Brief

Retail Sales

May 2026

GDP

Research Brief

Inflation

May 2026

Research Video

What Is Fueling Retail Investment Momentum?

May 15, 2026

Employment

Research Brief

Employment

May 2026

Research Video

Three Trends Shaping the Multifamily Outlook

May 8, 2026

mm industrial

Market Report

2026 U.S. Industrial Investment Outlook Midyear

2026 Outlook

GDP

Research Brief

Financial Markets

May 2026

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Research

RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

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

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Marcus & Millichap

Press Releases

Marcus & Millichap Names Brown & Brown Preferred Partner for Insurance and Risk Management

Providing commercial real estate investors greater visibility into insurance costs and risk

June 18, 2026

Texas Roadhouse

Press Releases

Marcus & Millichap Arranges $4 Million Sale of Texas Roadhouse Ground Lease in Gainesville

Marcus & Millichap announced today the sale of a Texas Roadhouse ground lease property, an 8,392-square-foot net-leased restaurant located in Gainesville, Florida, for $4 million.

June 17, 2026

154 & 156 Paseo De La Concha

Press Releases

Marcus & Millichap Facilitates $7.4 Million Sale of 13-Unit Apartment Property in Redondo Beach, California

Marcus & Millichap announced today the sale of 154 & 156 Paseo De La Concha, a 13-unit apartment property in Redondo Beach, California.

June 16, 2026

Tucson Retail

Press Releases

Marcus & Millichap Arranges $6.4 Million Sale of Tucson Retail Property

Marcus & Millichap announced today the sale of a 36,800-square-foot two-tenant retail property in Tucson, Arizona, for $6.4 million.

June 15, 2026

Burlington Coat Factory

Press Releases

Marcus & Millichap Brokers $11.2M Sale of Burlington Coat Factory in Los Angeles

Marcus & Millichap announced today the sale of 14651 Ventura Blvd., a locally owned and operated Burlington Coat Factory in Sherman Oaks, CA.

June 11, 2026

Sunset Apartments

Press Releases

Marcus & Millichap Arranges $6.65M Sale of 28-Unit Multifamily Property in San Francisco

Marcus & Millichap announced today the sale of 1275-1281 8th Ave., a 28-unit multifamily property located in San Francisco.

June 09, 2026

Chipotle Dove Valley

Press Releases

Marcus & Millichap Arranges $4.375 Million Sale of Chipotle Property in Arizona

Marcus & Millichap announced today the sale of a 2,458-square-foot single-tenant retail property occupied by Chipotle in Phoenix, Arizona, for $4,375,000.

June 05, 2026

Marcus & Millichap

Press Releases

Marcus & Millichap Launches Preferred Partner Program

New initiative expands access to trusted service providers that support commercial real estate investors throughout the ownership lifecycle.

June 04, 2026

Aaron Fierstein Headshot

Press Releases

Marcus & Millichap Welcomes Back Aaron Fierstein as Senior Director Investments in Los Angeles

Marcus & Millichap announced today that Aaron Fierstein has rejoined the firm’s Los Angeles office as senior director investments

June 03, 2026

CSSA Annual Self Storage Owners Summit
Industry Events

CSSA 21st Annual Self Storage Owners Summit

Balboa Bay Resort, Newport Beach, CA
July 16, 2026
Super Star

Press Releases

Marcus & Millichap Closes $9.74 Million Sale-Leaseback of Two Arizona Car Wash Assets

Marcus & Millichap announced today the sale of two single-tenant Super Star Car Wash properties in Arizona for a combined $9.74 million. The transactions included properties located in Tucson and Glendale, Ariz., and were completed as sale-leaseback transactions.

May 29, 2026

12th Annual National Net Lease Summit
Industry Events

National Net Lease Summit

University Club of Chicago, Chicago, IL
July 24, 2026
The Purple Chandelier

Press Releases

Marcus & Millichap Arranges Sale of Las Vegas Retail Property to Longtime Tenant The Purple Chandelier

Marcus & Millichap announced today the sale of a two-tenant retail property occupied by The Purple Chandelier and Bodega Furniture.

May 20, 2026

ChopShop Midtown

Press Releases

Marcus & Millichap Arranges Sale of Original ChopShop Property in Phoenix, Arizona

Marcus & Millichap announced today the sale of an Original ChopShop property, a 2,847-square-foot single-tenant retail asset located in central Phoenix.

May 20, 2026

Atlanta Ave

Press Releases

Marcus & Millichap Arranges $2.85 Million Sale of Phoenix Industrial Facility Used for Lens Manufacturing

Marcus & Millichap announced today the sale of a 13,400-square-foot industrial warehouse property near Phoenix Sky Harbor International Airport for $2.85 million.

May 20, 2026

Keep Exploring

News & Events