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    Milpitas, CA Shopping Centers for Sale

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    San Jose, CA Fremont, CA Santa Clara, CA
    100% Leased Multi-Tenant Shopping Center
    $25,340,000
    84,735 SF
    100% Leased Multi-Tenant Shopping Center

    128 Ranch Drive, Milpitas, CA 95035

    Acquired as a fully occupied retail center with a fitness, restaurant, and medical tenant mix near major freeway access.
    • 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.
    Updated: Jun 16
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    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.

    Multi-Tenant Retail Center For Sale
    $4,100,000
    7,680 SF
    Multi-Tenant Retail Center For Sale

    100% leased retail center in excellent condition.

    319 S Monroe St, San Jose, CA 95128

    View details
    Fremont Times Square Plaza Condo
    $988,000
    990 SF
    Fremont Times Square Plaza Condo

    Commercial condo in desirable Fremont Times Square Plaza shopping center.

    46292 Warm Springs Boulevard #614, Fremont, CA 94539

    View details
    Fremont Retail Condo For Sale
    $988,000
    990 SF
    Fremont Retail Condo For Sale

    Commercial condo in a desirable Fremont shopping center.

    Warm Springs Boulevard, Fremont, CA 94539

    View details
    Multi-Tenant Retail Center For Sale
    $4,100,000
    7,680 SF
    Multi-Tenant Retail Center For Sale

    100% leased retail center near Westfield Valley Fair.

    319 Monroe Street, San Jose, CA 95128

    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.

    Residential Lot in Established Neighborhood
    $160,000
    10,998.00 Acres
    Residential Lot in Established Neighborhood

    Ready-to-build lot in Atwater near school and shopping.

    181 Kelly Court, Atwater, CA 95301

    View details
    Prime Commercial Land Opportunity
    Contact for pricing
    23.50 Acres
    Prime Commercial Land Opportunity

    ±23.50 acres of commercial land in Dixon, California.

    2293 W. A Street, Dixon, CA 95620

    View details
    Santa Rosa Outlots For Sale
    Contact for pricing
    1.53 Acres
    Santa Rosa Outlots For Sale

    Outlots in shopping center anchored by The Home Depot.

    190 & 210 Bicentennial Way, Santa Rosa, CA 95403

    View details
    Prime Corner Parcel in O'Neals
    $500,000
    1.28 Acres
    Prime Corner Parcel in O'Neals

    1.28+/- acre corner parcel in a new shopping center.

    Wisteria Way, O Neals, CA 93645

    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
    9,713 SF Lot: 0.80 Acres
    Estimated value
    $3,755,000

    777 Capitol Ave, Milpitas, CA 95035-6811

    View details
    777 Capitol Ave
    SHOPPING CENTER, STRIP CENTER
    23,000 SF Lot: 1.20 Acres
    Estimated value
    $3,780,000

    777 Capitol Ave, Milpitas, CA 95035-6811

    View details
    777 Capitol Ave
    SHOPPING CENTER, STRIP CENTER
    Lot: 0.08 Acres
    Value Estimation by Request

    777 Capitol Ave, Milpitas, CA 95035-6811

    View details
    100 Dixon Rd
    SHOPPING CENTER, STRIP CENTER
    8,060 SF Lot: 1.50 Acres
    Estimated value
    $1,045,000

    100 Dixon Rd, Milpitas, CA 95035-2500

    View details
    1845 Milpitas Blvd
    SHOPPING CENTER, STRIP CENTER
    13,905 SF Lot: 1.58 Acres
    Estimated value
    $1,740,000

    1845 Milpitas Blvd, Milpitas, CA 95035

    View details
    1679 Milpitas Blvd
    SHOPPING CENTER, STRIP CENTER
    29,800 SF Lot: 3.60 Acres
    Estimated value
    $3,515,000

    1679 Milpitas Blvd, Milpitas, CA 95035-2721

    View details
    200 Serra Way
    MINI-MALL
    20,000 SF Lot: 0.59 Acres
    Estimated value
    $3,495,000

    200 Serra Way, Milpitas, CA 95035-5241

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    240 Serra Way
    MINI-MALL
    9,972 SF Lot: 0.73 Acres
    Estimated value
    $2,240,000

    240 Serra Way, Milpitas, CA 95035

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    300 Calaveras Blvd
    SHOPPING CENTER, STRIP CENTER
    5,288 SF Lot: 1.18 Acres
    Estimated value
    $765,000

    300 Calaveras Blvd, Milpitas, CA 95035-5296

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    200 Serra Way Ste, Unit 1
    MINI-MALL
    23,212 SF Lot: 0.70 Acres
    Estimated value
    $4,105,000
    Unit 1

    200 Serra Way Ste, Milpitas, CA 95035-5245

    View details
    749 Calaveras Blvd
    MINI-MALL
    74,960 SF Lot: 6.91 Acres
    Estimated value
    $18,530,000

    749 Calaveras Blvd, Milpitas, CA 95035-5435

    View details
    125 Milpitas Blvd
    SHOPPING CENTER, STRIP CENTER
    12,890 SF Lot: 5.70 Acres
    Estimated value
    $1,640,000

    125 Milpitas Blvd, Milpitas, CA 95035-4404

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    15 Milpitas Blvd
    SHOPPING CENTER, STRIP CENTER
    55,844 SF Lot: 7.79 Acres
    Estimated value
    $12,310,000

    15 Milpitas Blvd, Milpitas, CA 95035-4402

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    45 Milpitas Blvd
    SHOPPING CENTER, STRIP CENTER
    25,394 SF Lot: 0.58 Acres
    Estimated value
    $4,420,000

    45 Milpitas Blvd, Milpitas, CA 95035-4402

    View details
    99 Milpitas Blvd
    SHOPPING CENTER, STRIP CENTER
    3,800 SF Lot: 0.29 Acres
    Estimated value
    $560,000

    99 Milpitas Blvd, Milpitas, CA 95035-4402

    View details
    12 Rnch Dr
    MINI-MALL
    8,500 SF Lot: 1.05 Acres
    Estimated value
    $1,110,000

    12 Rnch Dr, Milpitas, CA 95035-5103

    View details
    320 Barber Ct
    SHOPPING CENTER, STRIP CENTER
    162,202 SF Lot: 16.85 Acres
    Estimated value
    $17,855,000

    320 Barber Ct, Milpitas, CA 95035-7922

    View details
    92 Park Victoria Dr
    SHOPPING CENTER, STRIP CENTER
    11,255 SF Lot: 5.95 Acres
    Estimated value
    $1,275,000

    92 Park Victoria Dr, Milpitas, CA 95035-5723

    View details
    1350 Park Victoria Dr, Unit 1
    SHOPPING CENTER, STRIP CENTER
    27,890 SF Lot: 0.67 Acres
    Estimated value
    $7,145,000
    Unit 1

    1350 Park Victoria Dr, Milpitas, CA 95035-6941

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    1350 Park Victoria Dr
    SHOPPING CENTER, STRIP CENTER
    24,184 SF Lot: 8.99 Acres

    1350 Park Victoria Dr, Milpitas, CA 95035-6941

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    401 Jacklin Rd
    SHOPPING CENTER, STRIP CENTER
    36,024 SF Lot: 4.65 Acres
    Estimated value
    $3,895,000

    401 Jacklin Rd, Milpitas, CA 95035-3226

    View details
    1535 Landess Ave
    SHOPPING CENTER, STRIP CENTER
    76,894 SF Lot: 7.24 Acres
    Estimated value
    $8,930,000

    1535 Landess Ave, Milpitas, CA 95035-8208

    View details
    755 Calaveras Blvd
    MINI-MALL
    4,999 SF Lot: 1.13 Acres
    Estimated value
    $690,000

    755 Calaveras Blvd, Milpitas, CA 95035-5435

    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, with an estimated market value of $25,340,000.

    Sale prices for plazas in Milpitas, CA start at $25,340,000, averaging $25,340,000, and reaching up to $25,340,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 2
    Showrooms 2
    Grocery and convenience stores 1
    Storefront 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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