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Glen Allen, Virginia

Richmond Office

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4401 Waterfront Drive, Suite 230
Glen Allen, VA 23060
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Phone: (804) 802-6900

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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.

Benjamin Yelm

Benjamin Yelm

Vice President/Regional Manager
Direct: (843) 952-2300
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The Richmond Office

The Richmond office of Marcus & Millichap provides real estate investment sales, research information and advisory services for multifamily, retail, office, single-tenant net-lease, self-storage, seniors housing, manufactured homes, hospitality, land and special assets. Richmond agents leverage the firm's national marketing platform to provide real estate investors with access to the industry's largest inventory of deliverable commercial property as well as to the largest pool of qualified private and institutional buyers and sellers. Investment specialists conduct business within the Mid-Atlantic market and throughout the state of Virginia. The office also offers loan origination services through Marcus & Millichap Capital Corporation (MMCC) representatives.

CURRENT MID-ATLANTIC 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.

VIEW AVAILABLE MID-ATLANTIC LISTINGS VIEW AVAILABLE U.S. & CANADA LISTINGS
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Hospitality/Golf

Comfort Inn Grantsville - Deep Creek Lake

Grantsville, MD

Price/Room: $53,846

Listing Price: $4,900,000

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Net Lease

McDonald's | 2024 Build | 20 Year NNN Lease

Sunbury, PA

Years Remaining On Lease: 19.6

Cap Rate: 4.10%

Listing Price: $1,951,219

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Net Lease

7-Eleven | 15-Years Remain | Washington, D.C. MSA | Part of Mixed-Use Development

La Plata, MD

Years Remaining On Lease: 15.1

Cap Rate: 5.15%

Listing Price: $7,338,680

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Apartments

The Hermosa - Luxury Apartment Building

Washington, DC

Number of Units: 2

Cap Rate: 7.17%

Listing Price: $1,800,000

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Apartments

6024 8th Street NW

Washington, DC

Number of Units: 20

Cap Rate: 6.31%

Listing Price: $4,000,000

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Net Lease

Panera Bread

Virginia Beach, VA

Years Remaining On Lease: 11.0

Cap Rate: 5.65%

Listing Price: $3,215,000

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Apartments

Chestnut Apartments

Portsmouth, VA

Number of Units: 32

Cap Rate: 7.32%

Listing Price: $3,300,000

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Net Lease

Caliber Collision | Rare Small Price Point | Strong Corporate Guaranty | Lynchburg VA

Lynchburg, VA

Years Remaining On Lease: 13.5

Cap Rate: 6.25%

Listing Price: $2,536,128

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Net Lease

Caliber Collision | Strong Corporate Guaranty | Martinsburg - Fastest Growing City in West Virginia

Martinsburg, WV

Years Remaining On Lease: 14.3

Cap Rate: 6.25%

Listing Price: $3,837,120

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Apartments

1810 I Street NE - Luxury Condo Building

Washington, DC

Number of Units: 14

Cap Rate: 7.31%

Listing Price: $4,200,000

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Net Lease

Burger King

Bridgeport, WV

Years Remaining On Lease: 8.7

Cap Rate: 6.84%

Listing Price: $3,000,000

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Net Lease

DaVita Dialysis Giles County

Pearisburg, VA

Years Remaining On Lease: 3.0

Cap Rate: 8.05%

Listing Price: $1,840,000

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Net Lease

The Learning Experience | 20-Years Remaining | Washington, DC MSA | Corporate Guaranty

Winchester, VA

Years Remaining On Lease: 20.0

Cap Rate: 7.00%

Listing Price: $5,971,429

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Apartments

Lansdale Garden & Miramar Apartments

Norfolk, VA

Number of Units: 243

Listing Price: Request For Offer

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Net Lease

Dollar General Mini Market | Additional Billboard Income | New 15-Year Absolute NNN

Cana, VA

Years Remaining On Lease: 15.2

Cap Rate: 6.95%

Listing Price: $2,046,000

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Properties

RECENT MID-ATLANTIC 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.

VIEW ALL MID-ATLANTIC RESEARCH VIEW ALL U.S. & CANADA RESEARCH

Research Video

How Consumer Sentiment Could Shape Multifamily Demand

April 18, 2025

GDP

Research Brief

Inflation

April 2025

Research Video

Financial Market Whiplash vs CRE Investment Durability

April 14, 2025

Research Video

Market Reacts to Tariffs – Implications for CRE?

April 7, 2025

Employment

Research Brief

Employment

April 2025

Research Video

Rising Above Uncertainty: A Five-Year Perspective

March 31, 2025

Research Video

The Forces Driving Long-Term Rental Housing Demand

March 24, 2025

Retail

Market Report

2025 U.S. Retail Investment Forecast

2025 Outlook

Research Video

High-Speed Cycles Require Long-Term Thinking

March 17, 2025

whats-in-store-for-investors-in-2023

Research Video

Economic Uncertainty To Favor Real Estate?

March 10, 2025

Employment

Research Brief

Employment

March 2025

Research Video

Is the Economy Slowing?

March 3, 2025

mm office

Market Report

2025 U.S. Office Investment Forecast

2025 Outlook

Research Video

Has Office Space Demand Turned the Corner?

February 21, 2025

Research Video

As Uncertainty Rises, Stability of CRE Stands Out

February 18, 2025

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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.

VIEW ALL MID-ATLANTIC NEWS & EVENTS VIEW ALL NEWS & EVENTS
Special Webcast with Mark Zandi and Jeff DeBoer
Marcus & Millichap Events

Special Webcast with Mark Zandi and Jeff DeBoer

Live Webcast
April 21, 2025
Inside Self-Storage World Expo
Industry Events

Inside Self-Storage World Expo

Caesars Forum Conference Center, Las Vegas, NV
April 22 – April 25, 2025
The Car Wash Show 2025
Industry Events

The Car Wash Show 2025

Las Vegas Convention Center, Las Vegas, NV
April 26 – April 28, 2025
7942 Cluny Ct

Press Releases

Marcus & Millichap Arranges $7.85M Sale of Industrial Property in Springfield, Virginia

Marcus & Millichap announced today the sale of 7942 Cluny Ct., a 39,243-square-foot industrial property in Springfield, Virginia.

April 10, 2025

Choice Hotels 69th Annual Convention
Industry Events

Choice Hotels 69th Annual Convention

Mandalay Bay, Las Vegas, NV
April 29 – May 1, 2025
Lightbridge Academy

Press Releases

Marcus & Millichap Arranges $4.62M Sale of Net-Leased Lightbridge Academy Property in Bethlehem, Pennsylvania

Marcus & Millichap announced today the sale of a net-leased childcare facility tenanted by Lightbridge Academy in Bethlehem, Pennsylvania.

April 07, 2025

Chipotle

Press Releases

Marcus & Millichap Brokers $2.13M Sale of Net-Leased Chipotle Property in Moosic, Pennsylvania

Marcus & Millichap announced today the sale of a net-leased Chipotle property in Moosic, Pennsylvania.

April 03, 2025

MHI 2025 Congress & Expo
Industry Events

MHI 2025 Congress & Expo

Rosen Shingle Creek, Orlando, FL
May 5 – May 7, 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

Goodnoe's Corner

Press Releases

Marcus & Millichap Closes Two-Property Retail Center Sale in Bucks County Pennsylvania

Marcus & Millichap announced today the sale of Goodnoe’s Corner, a 34,660-square-foot town center in Newton, Pennsylvania, and Village Center, a 87,705-square-foot grocery-anchored shopping center in Bensalem, Pennsylvania.

March 19, 2025

ICSC LAS VEGAS
Industry Events

ICSC LAS VEGAS

Las Vegas Convention Center, Las Vegas, NV
May 18 – May 20, 2025
1340 21st St NW

Press Releases

Marcus & Millichap Brokers $3.8M Multifamily Sale in Washington, D.C.'s Dupont Circle

Marcus & Millichap announced today the sale of 1340 21st St. NW, a 10-unit apartment property located in Washington, D.C.

March 03, 2025

Wawa Glenside

Press Releases

Marcus & Millichap Arranges $7.23 Million Sale of Net-Leased Wawa in Glenside, Pennsylvania

Marcus & Millichap announced today the sale of a net-leased Wawa location in Glenside, Pennsylvania.

February 26, 2025

Edgewood Grove Storage

Press Releases

Marcus & Millichap Announces Sale of 265-Unit Self Storage Property in Somerset, Pennsylvania

Marcus & Millichap announced today the sale of Edgewood Grove Storage, a 265-unit self-storage property located in Somerset, Pennsylvania.

February 24, 2025

Mixed-Use Retail and Office Petworth

Press Releases

Marcus & Millichap Brokers $4.3M Sale of 13-Suite Retail and Office Property in Washington, D.C.

Marcus & Millichap announced today the sale of 6400 Georgia Avenue N.W., a 13-suite mixed-use property located in Washington, D.C.

February 13, 2025

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News & Events