Milpitas R&D/Office/Warehouse
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 Market326
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 us1189 Barber Ln Available
Size
10,781 SF
Type
Flex
60% office, 40% lab/manufacturing/warehouse space.
Contact us 1371 McCarthy Blvd Available
Size
30,170 SF
Type
Flex
New availability. Exterior and interior renovations coming Q1 2026. Interior renovations includes new restroom cores, break room, title 24 lights.
Contact us 540 Alder Dr Available
Size
52,812 SF
Type
Flex
Two-story, freestanding building opportunity. New market ready interiors, an upgraded entryway façade, and a new outdoor collaboration/amenity area.
Contact us
Listing Agency:
CBRE | San Jose
Listed By:
Sherman Chan · License #01046769
(408) 453-7488
Source:
Cbre
Added: Nov 22, 2025
Changed: Oct 12
Last Checked: Oct 12 at 6:02PM
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 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
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
858
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Milpitas, CA
$9 /SF/Yr
Avg Asking Price
$5.94–$12 /SF/Yr
Price Range
30,118 SF
Avg Space Size
Vacancy Rate% for Office in West region
Questions? Ask Rey
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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
