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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 47 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

    Opportunities in Nearby Cities

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

    Multi-Tenant Strip Mall
    Multi-Tenant Strip Mall

    1854 W San Carlos St, San Jose, CA 95128

    $2,600,000
    4,800 sqft

    Dedicated parking serves a multi-tenant retail configuration in San Jose.

    View details
    Multi-Tenant Retail Strip Center
    Multi-Tenant Retail Strip Center

    2874 Alum Rock Ave, San Jose, CA 95127

    $2,950,000
    3,486 sqft

    Multi-tenant retail strip center on a highly visible San Jose corridor with direct street exposure along Alum Rock Avenue.

    View details
    Fremont Times Square Plaza Condo
    Fremont Times Square Plaza Condo

    46292 Warm Springs Boulevard Unit 614, Fremont, CA 94539

    $988,000
    990 sqft

    Commercial condo in desirable Fremont Times Square Plaza shopping center.

    View details
    Retail Condominium in Shopping Center
    Retail Condominium in Shopping Center

    614-46292 Warm Springs Blvd, Fremont, CA 94539

    $988,000

    Commercial condominium space near major retailers, highways, and a BART station.

    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

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

    777 Capitol Ave, Milpitas, CA 95035-6811

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

    777 Capitol Ave, Milpitas, CA 95035-6811

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

    100 Dixon Rd, Milpitas, CA 95035-2500

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

    1845 Milpitas Blvd, Milpitas, CA 95035

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

    1679 Milpitas Blvd, Milpitas, CA 95035-2721

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

    200 Serra Way, Milpitas, CA 95035-5241

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

    240 Serra Way, Milpitas, CA 95035

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

    300 Calaveras Blvd, Milpitas, CA 95035-5296

    Estimated value:
    $765,000
    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
    Estimated value:
    $720,000
    23,212 sqft 0.70 AC lot
    View details
    749 Calaveras Blvd
    MINI-MALL

    749 Calaveras Blvd, Milpitas, CA 95035-5435

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

    125 Milpitas Blvd, Milpitas, CA 95035-4404

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

    15 Milpitas Blvd, Milpitas, CA 95035-4402

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

    45 Milpitas Blvd, Milpitas, CA 95035-4402

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

    99 Milpitas Blvd, Milpitas, CA 95035-4402

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

    12 Rnch Dr, Milpitas, CA 95035-5103

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

    320 Barber Ct, Milpitas, CA 95035-7922

    Estimated value:
    $17,855,000
    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

    Estimated value:
    $1,275,000
    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
    Estimated value:
    $7,145,000
    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

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

    401 Jacklin Rd, Milpitas, CA 95035-3226

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

    1535 Landess Ave, Milpitas, CA 95035-8208

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

    755 Calaveras Blvd, Milpitas, CA 95035-5435

    Estimated value:
    $690,000
    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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 6
    Storefront properties 4
    Grocery and convenience stores 2

    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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