Search
Milpitas R&D/Office/Warehouse Space
For Lease
Contact for pricing

540 Alder Drive, Milpitas, CA 95035

Modern R&D/Office/Warehouse space with expansion opportunities.

Space Size10,781 SF - 52,812 SF
Days on Market280

Property Features for 540 Alder Drive

General Information

Standard status Active
Size 10,781 SF - 52,812 SF
Property subtype FlexIndustrial

Spaces For Lease

at 540 Alder Drive Contact us

1189 Barber Ln

Size
10,781 SF
Type
Flex
Availability
Available
60% office, 40% lab/manufacturing/warehouse space.
Contact us

1371 McCarthy Blvd

Size
30,170 SF
Type
Flex
Availability
Available
New availability. Exterior and interior renovations coming Q1 2026. Interior renovations...
show more
Contact us

540 Alder Dr

Size
52,812 SF
Type
Flex
Availability
Available
Two-story, freestanding building opportunity. New market ready interiors, an upgraded...
show more
Contact us
Listing Agency: CBRE
Listed By: Sherman Chan · License #01046769
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 25 Last Checked: Aug 29 at 6:52AM

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

Investment Insights

Based on property information with market context.

This property offers functional and modern single-story and two-story R&D/Office/Warehouse space. The floor plates range from 25,000 to 45,000 square feet. Expansion opportunities are available within Tasman Tech and Washington Holdings' portfolio. The property has access to I-880 and public transportation via a VTA stop with access to Bart. The property size is 52,812 square feet.

Key Highlights

  • Access to I‑880
  • Access to public transportation (VTA stop with access to Bart)
  • Expansion opportunities within Tasman Tech and Washington Holdings' portfolio

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Auto Repair Shop Hair Salon Storage Facility Building Supply Pharmacy

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

858
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.

Frequently Asked Questions

What type of property is this?
Flex space - Modern R&D/Office/Warehouse space with expansion opportunities.
Where is this flex space located?
The property is located at 540 Alder Drive Milpitas, CA.
What are key features of this property?
This property features: Access to I‑880; Access to public transportation (VTA stop with access to Bart); Expansion opportunities within Tasman Tech and Washington Holdings' portfolio
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