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Milpitas Office and R&D Campus
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680 North McCarthy Boulevard, Milpitas, CA 95035

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

Space SizeContact for details
Days on Market262

Property Features for 680 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 8 Last Checked: Jul 16 at 4:58AM

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 and comprises approximately 1.1 million square feet across 19 buildings. Situated on 68 acres, the property offers convenient access to Highway 237 and Interstate 880. Its location provides proximity to dining, retail, and entertainment options at McCarthy Ranch Marketplace, as well as the North Park apartment community. The available space is suitable for office and R&D purposes and includes flex and industrial space.

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

Macronix Industrial Manufacturer

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store 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

374
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
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Frequently Asked Questions

What type of property is this?
Flex space - 19-building office and R&D campus on 68 acres.
Where is this flex space located?
The property is located at 680 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
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