Milpitas Office and R&D
For Lease
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400 North McCarthy Boulevard, Milpitas, CA 95035
19-building office and R&D campus on 68 acres for lease.
Space Size30,487 SF
Days on Market292
Property Features for 400 North McCarthy Boulevard
General Information
Standard status
Active
Size
30,487 SF
Property subtype
FlexIndustrial
Spaces For Lease
at 400 North McCarthy Boulevard Contact us- Availability
- Available
First Floor Flex+ Workspace Test Fit
Individual Spaces: 1 Reception, 2 Private Offices, 160 Workstations; Collaboration...
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- Size
- 30,487 SF
- Availability
- Available
First Floor - Flex+ Workspace
±30,487 SF, Divisible to ±15,000 SF, 4 Private Offices/Conference Rooms, 2 Break...
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Listing Agency:
CBRE | San Jose
Listed By:
Mark Schmidt · License #00872826
(408) 453-7440
Source:
Cbre
Added: Nov 22, 2025
Changed: Sep 8
Last Checked: Sep 10 at 7:09AM
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 features lush landscaping across 68 acres and comprises 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 steps from the McCarthy Ranch Marketplace, which offers a variety of dining, retail, and entertainment options, and is also minutes away 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
685
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
- Tech Lunch Corporate Catering — 187 S Main St, Milpitas, CA 95035
Frequently Asked Questions
What type of property is this?
Flex space - 19-building office and R&D campus on 68 acres for lease.
Where is this flex space located?
The property is located at 400 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
