You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Shopping centers

128 Ranch Dr Milpitas, CA 95035

84,735 SF Built 1996
Property ID
US09-Q032156
Property summary
AI-generated overview

CUSHMAN & WAKEFIELD , as exclusive advisor, is pleased to present the opportunity to acquire McCarthy Ranch Shopping Center (the “Property”), a 100% leased, ±84,735 square foot multi-tenant retail center located in the heart of Milpitas, CA. The Property is strategically located within the highly trafficked McCarthy Ranch retail corridor, just off the intersection of Interstate 880 and Highway 237, and benefits from its position within a dominant retail hub comprising over 400,000 square feet of surrounding high-traffic retail. McCarthy Ranch Shopping Center is anchored by PICKLR, a rapidly expanding indoor pickleball concept with a significant national growth pipeline, and is complemented by a strong mix of fitness, restaurant, and medical concepts including Planet Fitness, HL Peninsula Restaurant, and Gentle Dental. The Property offers investors a stable, in-place income stream supported by long-term leases, with a weighted average lease term (WALT) of approximately 7.7 years, contractual rent increases, and 100% occupancy.

Property profile
Verified
Property type Shopping centers
Year built 1996
Total area 84,735 SF
UPID US09-Q032156
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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