Milpitas Office and R&D
For Lease
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870 North McCarthy Boulevard, Milpitas, CA 95035
Office and R&D campus in Milpitas available for lease.
Space Size13,362 SF - 26,642 SF
Days on Market292
Property Features for 870 North McCarthy Boulevard
General Information
Standard status
Active
Size
13,362 SF - 26,642 SF
Property subtype
FlexIndustrial
Spaces For Lease
at 870 North McCarthy Boulevard Contact us- Size
- 13,362 SF
- Type
- Flex
- Availability
- Available
Suite 200
±13,362 SF; 4 Private Offices; 2 Conference Rooms; Reception Area; Break Area; Server...
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Contact us
- Size
- 26,642 SF
- Type
- Flex
- Availability
- Available
Suite 100
Listing Agency:
CBRE | San Jose
Listed By:
Mark Schmidt · License #00872826
(408) 453-7440
Source:
Cbre
Added: Nov 22, 2025
Changed: Sep 7
Last Checked: Sep 10 at 7:18AM
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 campus-style property, situated on 68 acres, features lush landscaping and consists of 19 buildings, offering approximately 1.1 million square feet of office and R&D space. The property provides convenient access to Highway 237 and Interstate 880. It is located near the McCarthy Ranch Marketplace, which offers a variety of dining, retail, and entertainment options, and is also a short distance from the North Park apartment community.
Key Highlights
- ±1.1 million SF office and R&D campus
- 68‑acre campus‑style property with lush landscaping
- 19‑building complex
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
673
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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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 Office in West region
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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 - Office and R&D campus in Milpitas available for lease.
Where is this flex space located?
The property is located at 870 North McCarthy Boulevard Milpitas, CA.
What are key features of this property?
This property features: ±1.1 million SF office and R&D campus; 68‑acre campus‑style property with lush landscaping; 19‑building complex
