Search
Milpitas Office and R&D Campus
For Lease
Contact for pricing

400 North McCarthy Boulevard, Milpitas, CA 95035

19-building office and R&D campus on 68 acres for lease.

Space SizeContact for details
Days on Market274

Property Features for 400 North McCarthy Boulevard

General Information

Standard status Active
Property subtype FlexIndustrial
Listing Agency: CBRE | San Jose
Listed By: Mark Schmidt · License #00872826
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 14 Last Checked: Aug 22 at 7:07AM

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

Current Use

McCarthy Center Real Estate Agency Acies Engineering Engineering Consultant Future Electronics Electronics & Wireless Store Qnovo (Bike/Boat/Book/etc) Store Superb Milpitas Carpet ... HVAC Service

Suggested Use

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

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

685
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

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message