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Milpitas Flex/Industrial Space Available
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408 South Hillview Drive, Milpitas, CA 95035

7,535 SF flex/industrial space for lease in Milpitas.

Space Size4,755 SF - 7,535 SF
Days on Market292

Property Features for 408 South Hillview Drive

General Information

Standard status Active
Size 4,755 SF - 7,535 SF
Property subtype FlexIndustrial

Spaces For Lease

at 408 South Hillview Drive Contact us

420 S Hillview

Size
7,535 SF
Availability
Available
1 GL Asking $1.85 NNN + $0.43 OPEX
Contact us

408 S Hillview Dr

Size
4,755 SF
Availability
Available
Flexible Interiors. Warehouse/Manufacturing Area. Grade Level Loading. Break Room....
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Listing Agency: CBRE | San Jose
Listed By: Robbie Taylor · License #01946325
Source: Cbre
Added: Nov 22, 2025 Changed: Sep 8 Last Checked: Sep 10 at 7:11AM

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.

This property offers 7,535 square feet of flex and industrial space. It is located in Milpitas, California.

Key Highlights

  • 7,535 SF of flex/industrial space available.
  • Located in Milpitas.
  • Space is for lease.

Property Analytics

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Open Analytics

Current Use

DSB+ Commercial Floor ... Carpet & Flooring Store Premier Maintenance Group Construction Company

Suggested Use

Top Pick Auto Parts Store Law Firm Garden Center (Bike/Boat/Book/etc) Store Storage Facility 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,465
Businesses Nearby
Under-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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Milpitas, CA

$7.98 /SF/Yr
Avg Asking Price
$3.92–$12 /SF/Yr
Price Range
26,730 SF
Avg Space Size

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - 7,535 SF flex/industrial space for lease in Milpitas.
Where is this flex space located?
The property is located at 408 South Hillview Drive Milpitas, CA.
What are key features of this property?
This property features: 7,535 SF of flex/industrial space available.; Located in Milpitas.; Space is for lease.
More about this property
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