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Class A R&D Flex Building
For Lease
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1011 McCarthy Boulevard, Milpitas, CA 95035

Existing 15,000 SF lab space with sinks and clean room infrastructure in a Class A R&D flex building.

Space Size61,953 SF - 89,944 SF
Lot Size20.00 Acres
Days on Market30

Property Features for 1011 McCarthy Boulevard

General Information

Standard status Active
Size 61,953 SF - 89,944 SF
Net Rentable 73,110 SF
Class Class A
Elevators Yes
Lot size 20.00 Acres
Property subtype FlexIndustrial

Space & Availability

Available Space 73,110 SF
Contiguous Space 73,110 SF
Space Use Flex

Warehouse & Industrial

Clear Height 14 ft
Drive-In Doors 1
Power 2,000 amps
Voltage 480 V
Three-Phase Power Yes
Sprinkler System Yes

Amenities

Back-Up Generator
Private Elevator
Freight Elevator
EV Charging Stations
Building Signage Opportunity
Outdoor Collaboration Areas

Building Details

Building Size 73,110 SF
Construction steel frame
Parking Ratio 3 per 1,000 SF

Spaces For Lease

at 1011 McCarthy Boulevard Contact us

933 Murphy Ranch Road

Size
61,953 SF
Availability
Available
±61,953 SF two-story R&D/Office building. ESD Flooring in Lab Areas. Open Ceiling...
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Contact us

1001 Murphy Ranch Road

Size
66,329 SF
Availability
Available
±66,329 SF two-story R&D/Office building. ESD flooring in lab areas. Cafe with kitchen....
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1011 McCarthy Blvd

Size
73,310 SF
Availability
Available
±73,310 SF Class A R&D/Office bldg available now. Adjacent 3 bldgs, totaling ±218,226...
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Contact us

915 Murphy Ranch Road

Size
89,944 SF
Availability
Available
±89,944 SF two-story R&D/Office building. Modern lab space with LED lighting and...
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Contact us
Listing Agency: CBRE | San Jose
Listed By: Chip Sutherland · License #01014633
Source: Cbre
Added: Jul 29 Changed: Aug 26 Last Checked: Aug 26 at 3:40PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | San Jose

Investment Insights

Based on property information with market context.

Class A R&D flex building totaling 73,310 SF with an existing 15,000 SF lab space featuring sinks and clean room infrastructure in place. The facility is fully sprinklered and supported by a full facility back-up generator. Access includes a private elevator and a freight elevator, with 14’ slab-to-slab high ceilings and an extensive window line.

The building is steel-frame construction designed to provide seismic stability. HVAC was replaced in 2021 and consists of two rooftop air-cooled mammoth package units plus a single rooftop mounted natural gas-fired boiler. A new grade level loading door serves operations, and the site provides 2,000 amps at 277/480V power.

Set on a 20-acre campus with collaboration areas for outdoor company events, the property also offers a building signage opportunity and dual EV charging stations. Parking is described at a 3/1,000 parking ratio.

Key Highlights

  • 73,310 SF Class A R&D flex building with an existing 15,000 SF lab
  • Existing lab space includes sinks and clean room infrastructure in place
  • Full facility back‑up generator plus fully sprinklered system

Property Analytics

Current Use

Aerohive Networks, McCarthy ... Business Service Center

Suggested Use

Top Pick Storage Facility Garden Center Law Firm (Bike/Boat/Book/etc) Store Pharmacy Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14 ft
Clear height
1
Drive-in doors
Yes
Sprinkler system
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

691
Businesses Nearby
Well-served
Demand for This Use

Demographics for 95035, CA

80,440
Population
25,851
Households
3.1
Avg Household Size
37
Median Age
59%
College-Educated
90%
High-School Grad
22.4 sq mi
ZIP Area
3,591
Density / Sq Mi
$176,723
Median Household Income
$81,070
Median Earnings
$3,110
Median Rent
$1,180,700
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Similar Off Market Nearby

  • World Tour Cafe 18 S Abbott Ave, Milpitas, CA 95035

Frequently Asked Questions

What type of property is this?
Flex space - Existing 15,000 SF lab space with sinks and clean room infrastructure in a Class A R&D flex building.
Where is this flex space located?
The property is located at 1011 McCarthy Boulevard Milpitas, CA.
What are key features of this property?
This property features: 73,310 SF Class A R&D flex building with an existing 15,000 SF lab; Existing lab space includes sinks and clean room infrastructure in place; Full facility back‑up generator plus fully sprinklered system
More about this property
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