Murphy Crossing

Off-Market

1001 Murphy Ranch Road, Milpitas, CA 95035

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 361,807 SF
  • Lot Size 20.5 Acre
  • Parking Spaces Avail. 1085
  • Parking Ratio 3.00 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 1994

Contacts

Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.

Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
Unlock on CommercialEdge

This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge.

Brokers

Do you represent this property? Claim it!

List your spaces with ease and generate only verified leads with CommercialEdge Marketing.

Add listing for free

Documents

Access researched data with nationwide coverage on CommercialEdge: sales, mortgages, financials, title documents and more.

Sales

  • Purchase Date 14 Feb, 2020
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Milpitas

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

Asking Rents in Milpitas Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $32.73
  • 2022 Office Vacancy Rate 16.48%
  • 2022 Office Completions (SF)
View more Milpitas market trends

Location

Getting Around

  • Walk Score ®

    19/100 Car-Dependent
  • Transit Score ®

    42/100 Some Transit
  • Bike Score ®

    62/100 Bikeable
Powered by Walk Score ®
  • City Milpitas, CA
  • Neighborhood Milpitas
  • Zip Code 95035
  • Market Bay Area

Points of Interest

  • Cisco Way

    0.25 miles

  • Alder

    0.37 miles

  • Baypointe

    0.99 miles

  • River Oaks

    1.15 miles

  • Tasman

    1.18 miles

  • Great Mall/Main

    1.21 miles

  • Orchard

    1.38 miles

  • Champion

    1.61 miles

  • Bonaventura

    1.75 miles

  • Milpitas

    1.80 miles

  • Chevron

    0.60 miles

  • ChargePoint

    0.67 miles

  • 76

    1.13 miles

  • Betty’s Arco

    1.16 miles

  • Montague Valero

    1.19 miles

  • Chevron

    1.22 miles

  • Rotten Robbie

    1.25 miles

  • 76

    1.28 miles

  • Shell

    1.31 miles

  • Chevron

    1.41 miles

  • VTA Park and Ride Milpitas

    0.45 miles

  • Broadcom Parking

    1.11 miles

  • Visitor Parking

    1.25 miles

  • Great Mall/Main

    1.34 miles

  • Samsung

    1.40 miles

  • clinic parking

    2.33 miles

  • AutonomouStuff Car Park

    2.35 miles

  • clinic parking

    2.36 miles

  • Great America ACE Station

    2.37 miles

  • Yellow lot 3

    2.50 miles

  • Element San Jose Milpitas

    0.55 miles

  • Staybridge Suites Silicon Valley-Milpitas

    0.66 miles

  • Extended Stay America San Jose – Milpitas – McCarthy Ranch

    0.67 miles

  • Sonesta San Jose

    0.70 miles

  • Hampton Inn Milpitas

    0.76 miles

  • Hilton Garden Inn San Jose/Milpitas

    0.84 miles

  • Larkspur Landing Milpitas

    0.85 miles

  • Sheraton San Jose Hotel

    1.01 miles

  • Best Western Plus Brookside Inn

    1.08 miles

  • Sonesta Silicon Valley

    1.09 miles

  • Annapoorna Authentic Indian Cuisine

    0.31 miles

  • Building 17 Cateteria

    0.38 miles

  • Building 11 Cafeteria

    0.38 miles

  • Building 21 Cafetaria

    0.45 miles

  • Thai Cafe

    0.60 miles

  • China Palace Restaurant

    0.61 miles

  • Shanghai Ding Sheng Restaurant

    0.62 miles

  • Top Cafe

    0.62 miles

  • FT BBQ

    0.62 miles

  • Family Delight Cafe

    0.62 miles

  • Cogswell University of Silicon Valley

    0.95 miles

  • Pearl Zanker Elementary School

    1.06 miles

  • University of Phoenix Bay Area Campus

    1.14 miles

  • Opportunity Youth Academy Sobrato

    1.16 miles

  • Silicon Valley Surgi-Tech Institute

    1.21 miles

  • Anthony Spangler Elementary School

    1.31 miles

  • St. John School

    1.33 miles

  • Heald College - San Jose

    1.54 miles

  • Stratford School Great Mall Parkway

    1.64 miles

  • Don Callejon School

    1.64 miles

  • LifeConnections Children’s Learning Center

    0.59 miles

  • Bay Area Gurukul

    1.18 miles

  • Merryhill Preschool

    1.19 miles

  • HeadsUp! Child Development Center

    1.19 miles

  • Main Street Montessori School

    1.22 miles

  • Milpitas KinderCare

    1.22 miles

  • Stepping Stone World

    1.23 miles

  • Ready Preschool

    1.23 miles

  • LifeConnections Children’s Learning Center

    1.27 miles

  • Little Flowers Montessori

    1.30 miles

Frequently Asked Questions

What is the total square footage of Murphy Crossing?

Murphy Crossing totals 361,807 square feet.

When was this property built?

Murphy Crossing was built in 1994.

When was Murphy Crossing last sold?

Murphy Crossing was last sold on 14 Feb, 2020.

What is the property tax for Murphy Crossing?

The property tax for Murphy Crossing in 2022-2023 was $1,580,756.

What is the market value for Murphy Crossing?

The market value* for Murphy Crossing in 2022-2023 was $133,973,730.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.