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234 Commercial Real Estate Listings in Milpitas, CA

  • INDUSTRIAL BUILDING FOR SALE - Milpitas
    1652 Watson Ct, Milpitas, CA
    For Sale
    • $5,780,000
    Property
    • Industrial
    • 16,752 SF
    View Details
  • Oak Creek Business Center - Milpitas
    1551 McCarthy Blvd, Milpitas, CA
    For Lease
    • Contact for pricing
    Property
    • Office
    • 48,926 SF
    Availability
    • 4 Spaces
    • 5,888 SF
    Year Built
    • 1984
    View Details
  • Analog Devices Campus  - Milpitas
    790 Sycamore Dr, Milpitas, CA
    For Sale
    • Contact for pricing
    Property
    • Industrial
    • 58,162 SF
    Year Built
    • 1982
    View Details
  • DIXON LANDING BUSINESS PARK - Milpitas
    1137 Cadillac Ct, Milpitas, CA
    For Lease
    • $2.05/SF/MO
    Property
    • Industrial
    Availability
    • 1 Space
    • 13,920 SF
    View Details
  • DIXON LANDING BUSINESS PARK - Milpitas
    1123 Cadillac Ct, Milpitas, CA
    For Lease
    • $2.05/SF/MO
    Property
    • Industrial
    Availability
    • 1 Space
    • 10,965 SF
    View Details
  • FalconX Accelerator - Milpitas
    Coworking

    FalconX Accelerator

    Falconx Incubator Accelerator
    691 South Milpitas Boulevard Ste 217, Milpitas, CA
    Services
    • Open Workspace
    • Dedicated Desk
    Amenities
    • Wi-Fi
    • Parking
    • Coffee/Tea
    • TV/Monitor
    • Catering
    • Print/Scan/Copy
    • Bike Rack
    • Pet-Friendly
    • Phone Booth
    • Phone
    View Details
  • Cisco Site 5.1 - 855 East Tasman Drive - Milpitas
    855 East Tasman Drive, Milpitas, CA
    For Lease
    • Contact for pricing
    Property
    • Office
    • 82,325 SF
    Availability
    • 1 Space
    • 82,325 SF
    Year Built
    • 2001
    View Details
  • LAND  FOR LEASE AND SALE - Milpitas
    1000 Yosemite Dr LAND, Milpitas, CA
    For Sale
    • $6,000,000
    Property
    • Other
    • 87,120 SF
    Year Built
    • 1979
    View Details
  • 1591-1595 McCarthy Blvd - Milpitas
    1591-1595 McCarthy Blvd, Milpitas, CA
    For Lease
    • $19.80/SF/YR
    Property
    • Industrial
    • 23,870 SF
    Availability
    • 2 Spaces
    • 23,870 SF
    Year Built
    • 1982
    View Details
  • Cisco Site 5.1 - 870 Alder Drive - Milpitas
    870 Alder Drive, Milpitas, CA
    For Lease
    • Contact for pricing
    Property
    • Office
    • 82,325 SF
    Availability
    • 1 Space
    • 82,235 SF
    Year Built
    • 2001
    View Details
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  • The Fields - Milpitas
    1315 McCandless Dr, Milpitas, CA
    For Lease
    • Contact for pricing
    Property
    • Retail
    • 86,000 SF
    Availability
    • 8 Spaces
    • 30,269 SF
    Year Built
    • 2018
    View Details
  • 275 Hillview Dr, S. - Milpitas
    275 Hillview Dr, S., Milpitas, CA
    For Lease
    • $35.40/SF/YR
    Property
    • Industrial
    • 127,574 SF
    Availability
    • 1 Space
    • 127,574 SF
    Year Built
    • 1988
    View Details
  • 372 Fairview Way - Milpitas
    372 Fairview Way, Milpitas, CA
    For Lease
    • Contact for pricing
    Property
    • Office
    • 1,929 SF
    Availability Contact for availability
    Year Built
    • 2007
    View Details
  • YOSEMITE BUSINESS PARK - Milpitas
    840 Yosemite Way D, Milpitas, CA
    For Lease
    • Contact for pricing
    Property
    • Industrial
    Availability
    • 1 Space
    • 34,445 SF
    Year Built
    • 2001
    View Details
  • Murphy Crossing - Milpitas
    1001 Murphy Ranch Road, Milpitas, CA
    For Lease
    • Contact for pricing
    Property
    • Office
    • 361,807 SF
    Availability
    • 2 Spaces
    • 72,580 SF
    Year Built
    • 1994
    View Details
  • INDUSTRIAL SPACE FOR LEASE - Milpitas
    897 Ames Ave, Milpitas, CA
    For Lease
    • $1.97/SF/MO
    Property
    • Industrial
    Availability
    • 1 Space
    • 8,750 SF
    View Details
  • McCarthy Ranch Shopping Center - Milpitas
    198-252 Ranch Drive, Milpitas, CA
    For Lease
    • $3.75/SF/MO
    Property
    • Retail
    • 23,658 SF
    Availability
    • 1 Space
    • 2,067 SF
    Year Built
    • 1996
    View Details
  • LAND  FOR LEASE AND SALE - Milpitas
    1000 Yosemite Dr LAND, Milpitas, CA
    For Lease
    • Contact for pricing
    Property
    • Other
    Availability
    • 1 Space
    • 87,120 SF
    Year Built
    • 1979
    View Details
  • McCarthy Center - Milpitas
    400 North McCarthy Blvd, Milpitas, CA
    For Lease
    • $23.40 - $37.80/SF/YR
    Property
    • Office
    • 1,053,372 SF
    Availability
    • 11 Spaces
    • 179,589 SF
    Year Built
    • 1999
    View Details
  • 174 S Main St - Milpitas
    174 S Main St, Milpitas, CA
    For Lease
    • Contact for pricing
    Property
    • Mixed Use
    • 950 SF
    Availability Contact for availability
    Year Built
    • 1948
    View Details
  • Victorian Square Shopping Center - Milpitas
    1195 E. Calaveras Blvd., Milpitas, CA
    For Lease
    • Contact for pricing
    Property
    • Retail
    • 48,625 SF
    Availability
    • 2 Spaces
    • 6,209 SF
    Year Built
    • 1979
    View Details
  • 598 Gibraltar Drive - Milpitas
    598 Gibraltar Drive, Milpitas, CA
    For Lease
    • $1.55/SF/MO
    Property
    • Industrial
    • 45,090 SF
    Availability
    • 1 Space
    • 45,090 SF
    Year Built
    • 1996
    View Details
  • 1900 McCarthy Blvd - Milpitas
    1900 McCarthy Blvd, Milpitas, CA
    For Lease
    • $34.20/SF/YR
    Property
    • Office
    • 80,970 SF
    Availability
    • 14 Spaces
    • 56,644 SF
    Year Built
    • 1984
    View Details
  • Cisco Site 5.1 - 1020 McCarthy Blvd - Milpitas
    1020 McCarthy Blvd, Milpitas, CA
    For Lease
    • Contact for pricing
    Property
    • Office
    • 82,325 SF
    Availability
    • 1 Space
    • 82,325 SF
    Year Built
    • 2001
    View Details
  • 746-776 & 800-876 South Milpitas Blvd - Milpitas
    746 South Milpitas Blvd, Milpitas, CA
    For Lease
    • $1.55/SF/MO
    Property
    • Industrial
    • 145,152 SF
    Availability
    • 1 Space
    • 36,144 SF
    Year Built
    • 1979
    View Details
  • Analog Devices Campus  - Milpitas
    790 Sycamore Dr, Milpitas, CA
    For Sale
    • Contact for pricing
    Property
    • Industrial
    • 319,835 SF
    Year Built
    • 1982
    View Details

Milpitas, CA Commercial Real Estate

There are currently 233 commercial listings available in Milpitas, CA. These listings include 100 commercial spaces that encompass a total of 2,043,394 square feet. Available commercial spaces in Milpitas, CA range in size from 687 square feet to 294,000 square feet. A total of 167 off-market commercial properties located in Milpitas, CA are also available for research.

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Milpitas, CA Commercial Real Estate Market Overview

Location Photo

Milpitas, Calif. is a suburb of San Jose that has benefited greatly from the tech boom. The city neighbors other Silicon Valley markets, such as Mountain View and Santa Clara, which boast world-class tenants and considerable investments in sectors with a large profit margin. Here, the economy leans on technology, research and development, high-tech manufacturing and retail. In fact, Milpitas is home to the recently renovated Great Mall of the Bay Area, which features 1.1 million square feet of retail space.

Situated at the southern tip of the San Francisco Bay Area and just north of San Jose, Milpitas also has an excellent location, granting it the moniker of “The Crossroads of Silicon Valley.” The city is serviced by I-680, I-880 and State Route 237, offering companies here a logistical advantage.

Milpitas, CA Commercial Inventory Breakdown

In 2023 the Milpitas, CA commercial real estate market totaled 8,959,801 square feet of office spaces, 3,182,969 square feet of office spaces with retail, and 9,298,596 square feet of industrial space.

Office Spaces

Total: 8,959,801 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
Range Total square feet Share of total
50k to 100k SqFt 2,377,779 SqFt 26.54% of total office
100k to 500k SqFt 4,919,682 SqFt 54.91% of total office
500k to 1M SqFt 608,968 SqFt 6.8% of total office
> 1M SqFt 1,053,372 SqFt 11.76% of total office
By class:
Class Total square feet Share of total
Class A 361,807 SqFt 4.04% of total office
Class B 8,524,571 SqFt 95.14% of total office
Class C 73,423 SqFt 0.82% of total office
Roughly 6.8% of the total office space in Milpitas, CA is comprised of properties between 500K to 1M square feet, and buildings between 50k to 100k square feet represent 26.54% of the office inventory.

Class A office space holds a 4.04% share of the overall Milpitas, CA office market, while Class B office assets make up approximately 95.14%.

Industrial

Total: 9,298,596 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
Range Total square feet Share of total
50k to 100k SqFt 1,822,830 SqFt 19.6% of total industrial
100k to 500k SqFt 6,250,766 SqFt 67.22% of total industrial
> 1M SqFt 1,225,000 SqFt 13.17% of total industrial
By class:
Class Total square feet Share of total
Class A 4,101,666 SqFt 44.11% of total industrial
Class B 4,705,890 SqFt 50.61% of total industrial
There are 6,250,766 square feet of commercial real estate properties between 100k to 500k square feet, representing 67.22% of the Milpitas, CA industrial inventory.

Office Spaces with Retail

Total: 3,182,969 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
Range Total square feet Share of total
50k to 100k SqFt 595,979 SqFt 18.72% of total office with retail
100k to 500k SqFt 969,909 SqFt 30.47% of total office with retail
> 1M SqFt 1,617,081 SqFt 50.8% of total office with retail

Milpitas, CA Currently Available Listings & Spaces

Number of Available Listings
City Property Type Count of listings Total SF
Milpitas, CA Office 21 936,784
Milpitas, CA Retail 9 56,034
Milpitas, CA Industrial 37 1,058,067
Milpitas, CA Other 74 2,138,005
Ofice Icon

21

Office

Industrial Icon

37

Industrial

Retail Icon

9

Retail

Current local active listing encompass 4,188,890 square feet of commercial space for lease in Milpitas. There are 21 active office listings, which amount to 936,784 square feet and account for 14% of commercial spaces on the market. Local retail availability includes 56,034 square feet across 9 listings. Current industrial offerings on the market amount to 1,058,067 square feet across a total of 37.

Employment in Milpitas, CA

Employed Population 48,421

Employed population - Industry % Distribution

Management, business, science, and arts occupations
59%
Sales and office occupations
14%
Service occupations
11%
Production, transportation, and material moving occupations
10%
Natural resources, construction, and maintenance occupations
5%

In 2021, roughly 59% of a total of 48,421 employed in Milpitas worked in Management, business, science, and arts occupations, followed by 14% in Sales and office occupations and 11% in Service occupations.

Income per capita $56,103  Median household income $140,124

Household income

Under $50k
12%
$50k - $100k
20%
$100k - $200k
34%
Over $200k
34%

The median household income in Milpitas stands at $140,124, with per capita income at $56,103. Households earning between $50k and $100k represent 20% of the total, while those earning over $200k make up 34%. Approximately 12% of Milpitas households earn less than $50k per year.

Commuting in Milpitas, CA

Mean travel time to work 30 minutes

Means of transportation to work

DroveAlone
81.70%
Carpool
9.00%
Public transit
3.20%
Bicycle
0.30%
Walking
0.90%
Work at Home
0.40%
Other
4.50%

*Universe: Workers 16 and over

Education in Milpitas, CA

High school grad or higher 89%

Bachelor's degree or higher 55%

Population by minimum level of education

No degree
11%
High school
14%
Some College
20%
Bachelor's
34%
Post-grad
21%

*Universe: Workers 25 and over

An estimated 89% of Milpitas residents aged 25 or over hold a high school degree or higher. Of those, 14% are high school graduates, 20% attended some college, 34% earned a bachelor's degree, with an additional 21% holding post-graduate degrees.

Milpitas, CA Demographics

As of 2021, Milpitas had a total population of 84,184, with a median age of 37.70 years. Roughly 71.60% of the total population was between the ages of 16 and 64 years old.