0 Mccarthy Rnch Milpitas, CA 95035
This exceptional 43,485-square-foot retail space in Milpitas, California, presents a unique investment opportunity. Located in the thriving McCarthy Ranch shopping center, this single-tenant property boasts a prime location at the intersection of Interstate 880 and Highway 237, ensuring high visibility and accessibility. Built in 1995, the building is part of a larger power center that was one of the original developments in the South Bay's Silicon Valley. The entire McCarthy Ranch shopping center comprises 265,830 square feet of retail space, anchored by a Walmart and featuring other established national retailers such as Best Buy, Ross, PetSmart, Dollar Tree, HL Peninsula Restaurant, and Planet Fitness. This demonstrates the strong retail environment and significant consumer traffic in the area. The property's location in Santa Clara County, with a Milpitas zip code of 95035, offers easy access to a dense population base and a robust local economy. The entire space is currently vacant, providing a blank canvas for a new tenant to establish a significant retail presence in this high-demand location. This presents a rare opportunity to secure a substantial retail space in a well-established and highly trafficked shopping center within the heart of Silicon Valley. The property's size and location make it ideal for a variety of retail uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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