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Executive Summary
128-158 Ranch Dr
A 100% leased, ±84,735 square foot multi-tenant retail center located in the heart of Milpitas, CA. The Property is strategically located within the highly trafficked McCarthy Ranch retail corridor, just off the intersection of Interstate 880 and Highway 237, and benefits from its position within a dominant retail hub comprising over 400,000 square feet of surrounding high-traffic retail.
Property Facts
Amenities
- Bus Line
- Dedicated Turn Lane
- Food Court
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
HL Peninsula operates a group of Cantonese restaurants in California’s Bay Area, specializing in dim sum, seafood, and banquet services. The company is part of H.L. Peninsula Catering Group, founded by Chef Li Yongzhou, which began its operations in China before expanding internationally. The brand emphasizes traditional Cantonese cuisine while incorporating modern facilities for large gatherings.
The Picklr began in 2021 after Jorge Barragan and Austin Wood set out to build dedicated indoor pickleball space following long waits for court time at crowded recreation centers. The company operates indoor clubs built around memberships, court reservations, leagues, tournaments, clinics, and junior programming, while also supporting a franchise model for expansion. The Picklr has grown into a franchise system with clubs sold across North America and international markets, reflecting a business centered on indoor play and year-round access to pickleball.
Planet Fitness began in 1992 in Dover, New Hampshire, where the company started as a local gym before evolving into a broader fitness concept. The business built its model around a low-cost, non-intimidating environment known as the Judgement Free Zone, aimed at making gym use more accessible to casual and first-time exercisers. Today, Planet Fitness operates as a major franchisor and operator of fitness centers, with clubs across the United States and several other markets, and it supports members through club access, digital workouts, and app-based tools. The company offers cardio and strength equipment, membership tiers, and free fitness instruction through small-group training programs.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Accommodation and Food Services | - | - | - | Jan 0000 | |
|
Arts, Entertainment, and Recreation | - | - | Lorem Ipsum | Jan 0000 | |
|
Arts, Entertainment, and Recreation | - | - | - | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 022-54-009 | Improvements Assessment | $13,192,607 |
| Land Assessment | $6,026,249 | Total Assessment | $19,218,856 |
Property Taxes
Presented by
120-158 Ranch Dr
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