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    Milpitas, CA Shopping Centers for Sale

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    100% Leased Multi-Tenant Shopping Center
    Updated: Jun 16
    100% Leased Multi-Tenant Shopping Center

    128 Ranch Drive, Milpitas, CA 95035

    Contact for pricing
    84,735 sqft
    McCarthy Ranch Shopping Center is a 100% leased, multi‑tenant retail center with 84,735 SF.
    Anchored by PICKLR and includes fitness, restaurant, and medical tenants such as Planet Fitness, HL Peninsula Restaurant, and Gentle Dental.
    Located in Milpitas, CA near the intersection of I‑880 and Highway 237 within the McCarthy Ranch retail corridor.
    Surrounding retail hub totals over 400,000 SF of high‑traffic retail.
    Weighted average lease term (WALT) is approximately 7.7 years with contractual rent increases.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 51 Potential Opportunities for your consideration. Besides 1 Active listings in Milpitas, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 42 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Fremont Times Square Plaza Condo
    Fremont Times Square Plaza Condo

    46292 Warm Springs Boulevard #614, Fremont, CA 94539

    $988,000
    990 sqft 4.04 AC lot

    Commercial condo in desirable Fremont Times Square Plaza shopping center.

    View details
    Fremont Commercial Condo in Plaza
    Fremont Commercial Condo in Plaza

    46292 Warm Springs Blvd 614, Fremont, CA 94539

    $988,000
    4.04 AC lot

    Commercial condo in a desirable Fremont shopping center.

    View details
    Grocery-Anchored Shopping Center
    Grocery-Anchored Shopping Center

    2277, 2265, 2025 El Camino Real & 1625 Los Padres Boulevard, Santa Clara, CA 95050

    Contact for pricing
    7.20 AC lot

    Grocery-anchored shopping center totaling 7.2 acres, offered for sale in Santa Clara, CA.

    View details
    Four-Tenant Retail Center
    Four-Tenant Retail Center

    1290 Franklin Mall, Santa Clara, CA 95050

    Contact for pricing

    Fee simple ownership available for a fully occupied four-suite retail center with service-oriented tenants.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    2293 W. A Street, Dixon, CA 95620

    Contact for pricing
    23.50 AC lot

    ±23.50 acres of commercial land in Dixon, California.

    View details
    Santa Rosa Outlots For Sale
    Santa Rosa Outlots For Sale

    190 & 210 Bicentennial Way, Santa Rosa, CA 95403

    Contact for pricing
    1.53 AC lot

    Outlots in shopping center anchored by The Home Depot.

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    Corner Commercial Land Parcel
    Corner Commercial Land Parcel

    Wisteria Way, O Neals, CA 93645

    $500,000
    1.28 AC lot

    Cleared and rough graded corner parcel zoned Planned Development District (PDD) for a new shopping center development.

    View details
    Commercial Land with Level Compacted Pad
    Commercial Land with Level Compacted Pad

    Wisteria Way, O Neals, CA 93645

    $385,000
    1.45 AC lot

    Planned Development District zoning supports professional or medical office development on a compacted pad site.

    View details

    Off-Market Properties in Milpitas, CA

    Consider similar Off-Market properties in Milpitas, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    777 Capitol Ave
    SHOPPING CENTER, STRIP CENTER

    777 Capitol Ave, Milpitas, CA 95035-6811

    $3,670,000
    Estimated value
    9,713 sqft 0.80 AC lot
    View details
    777 Capitol Ave
    SHOPPING CENTER, STRIP CENTER

    777 Capitol Ave, Milpitas, CA 95035-6811

    $3,670,000
    Estimated value
    23,000 sqft 1.20 AC lot
    View details
    777 Capitol Ave
    SHOPPING CENTER, STRIP CENTER

    777 Capitol Ave, Milpitas, CA 95035-6811

    $275,000
    Estimated value
    0.08 AC lot
    View details
    100 Dixon Rd
    SHOPPING CENTER, STRIP CENTER

    100 Dixon Rd, Milpitas, CA 95035-2500

    $1,045,000
    Estimated value
    8,060 sqft 1.50 AC lot
    View details
    1845 Milpitas Blvd
    SHOPPING CENTER, STRIP CENTER

    1845 Milpitas Blvd, Milpitas, CA 95035

    $1,740,000
    Estimated value
    13,905 sqft 1.58 AC lot
    View details
    1679 Milpitas Blvd
    SHOPPING CENTER, STRIP CENTER

    1679 Milpitas Blvd, Milpitas, CA 95035-2721

    $3,515,000
    Estimated value
    29,800 sqft 3.60 AC lot
    View details
    200 Serra Way
    MINI-MALL

    200 Serra Way, Milpitas, CA 95035-5241

    $3,495,000
    Estimated value
    20,000 sqft 0.59 AC lot
    View details
    240 Serra Way
    MINI-MALL

    240 Serra Way, Milpitas, CA 95035

    $2,240,000
    Estimated value
    9,972 sqft 0.73 AC lot
    View details
    300 Calaveras Blvd
    SHOPPING CENTER, STRIP CENTER

    300 Calaveras Blvd, Milpitas, CA 95035-5296

    $765,000
    Estimated value
    5,288 sqft 1.18 AC lot
    View details
    200 Serra Way Ste, Unit 1
    MINI-MALL

    200 Serra Way Ste, Milpitas, CA 95035-5245

    Unit 1
    $720,000
    Estimated value
    23,212 sqft 0.70 AC lot
    View details
    749 Calaveras Blvd
    MINI-MALL

    749 Calaveras Blvd, Milpitas, CA 95035-5435

    $18,530,000
    Estimated value
    74,960 sqft 6.91 AC lot
    View details
    125 Milpitas Blvd
    SHOPPING CENTER, STRIP CENTER

    125 Milpitas Blvd, Milpitas, CA 95035-4404

    $1,640,000
    Estimated value
    12,890 sqft 5.70 AC lot
    View details
    15 Milpitas Blvd
    SHOPPING CENTER, STRIP CENTER

    15 Milpitas Blvd, Milpitas, CA 95035-4402

    $12,310,000
    Estimated value
    55,844 sqft 7.79 AC lot
    View details
    45 Milpitas Blvd
    SHOPPING CENTER, STRIP CENTER

    45 Milpitas Blvd, Milpitas, CA 95035-4402

    $4,420,000
    Estimated value
    25,394 sqft 0.58 AC lot
    View details
    99 Milpitas Blvd
    SHOPPING CENTER, STRIP CENTER

    99 Milpitas Blvd, Milpitas, CA 95035-4402

    $560,000
    Estimated value
    3,800 sqft 0.29 AC lot
    View details
    12 Rnch Dr
    MINI-MALL

    12 Rnch Dr, Milpitas, CA 95035-5103

    $1,110,000
    Estimated value
    8,500 sqft 1.05 AC lot
    View details
    320 Barber Ct
    SHOPPING CENTER, STRIP CENTER

    320 Barber Ct, Milpitas, CA 95035-7922

    $17,855,000
    Estimated value
    162,202 sqft 16.85 AC lot
    View details
    92 Park Victoria Dr
    SHOPPING CENTER, STRIP CENTER

    92 Park Victoria Dr, Milpitas, CA 95035-5723

    $1,275,000
    Estimated value
    11,255 sqft 5.95 AC lot
    View details
    1350 Park Victoria Dr, Unit 1
    SHOPPING CENTER, STRIP CENTER

    1350 Park Victoria Dr, Milpitas, CA 95035-6941

    Unit 1
    $7,145,000
    Estimated value
    27,890 sqft 0.67 AC lot
    View details
    1350 Park Victoria Dr
    SHOPPING CENTER, STRIP CENTER

    1350 Park Victoria Dr, Milpitas, CA 95035-6941

    $3,035,000
    Estimated value
    24,184 sqft 8.99 AC lot
    View details
    401 Jacklin Rd
    SHOPPING CENTER, STRIP CENTER

    401 Jacklin Rd, Milpitas, CA 95035-3226

    $3,895,000
    Estimated value
    36,024 sqft 4.65 AC lot
    View details
    1535 Landess Ave
    SHOPPING CENTER, STRIP CENTER

    1535 Landess Ave, Milpitas, CA 95035-8208

    $8,930,000
    Estimated value
    76,894 sqft 7.24 AC lot
    View details
    755 Calaveras Blvd
    MINI-MALL

    755 Calaveras Blvd, Milpitas, CA 95035-5435

    $690,000
    Estimated value
    4,999 sqft 1.13 AC lot
    View details

    Milpitas, CA Shopping Centers Market Trends and Statistics

    Explore 43 shopping centers for sale in Milpitas, CA on our real estate platform. These investment opportunities span a total of 84,735 square feet of properties for sale.

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    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 7
    Shopping centers 4
    Grocery and convenience stores 2
    Auto shops 1
    Automotive properties 1

    Demographics Overview

    Population 78K
    Population Growth (5Y) +1.2%
    Median Household Income $176,723
    College Educated 42.3%

    Taxes & Financing

    Tax Rate (average for all types) 1.19%
    Property Tax per SF $9.87 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Santa Clara County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Milpitas fall within the 100,000+ square foot range.

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