Share This Listing

Message

946 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Highlights

  • Pylon signage available with visibility to freeway traffic.
  • As of 2020 Milpitas was ranked the 4th fastest growing city in America.

Space Availability (2)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 11A
  • 31,610 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Triple Net (NNN)
111-251 Ranch Dr - 1st Floor - Ste 11A
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

±31,610 SF, 2nd generation anchor space. Formerly Big Lots.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Anchor Space
  • Private Restrooms
  • Anchor space opportunity.
  • 1st Floor, Ste 179
  • 2,970 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
179-187 Ranch Dr - 1st Floor - Ste 179
Space Use
Retail
Build-Out
-
Availability
30 Days
Space Size Term Rental Rate Rent Type
1st Floor, Ste 11A 31,610 SF Negotiable Upon Request Upon Request Upon Request Upon Request Triple Net (NNN)
1st Floor, Ste 179 2,970 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD

111-251 Ranch Dr - 1st Floor - Ste 11A

Size
31,610 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

±31,610 SF, 2nd generation anchor space. Formerly Big Lots.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Anchor Space
  • Private Restrooms
  • Anchor space opportunity.

179-187 Ranch Dr - 1st Floor - Ste 179

Size
2,970 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Build-Out
-
Availability
30 Days

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Select Tenants at McCarthy Ranch

  • Tenant
  • Description
  • US Locations
  • Reach
  • Dollar Tree
  • Dollar/Variety/Thrift
  • 11,073
  • International
  • Mancini's Sleepworld
  • Furniture/Mattress
  • 57
  • Local
  • Michaels
  • Art/Crafts
  • 1,432
  • International
  • PetSmart, Inc.
  • Pet Shop/Supplies
  • 1,767
  • International
  • Ross Dress for Less
  • Discount Store
  • 2,360
  • International
  • US Cricket Store
  • Sporting Goods
  • 1
  • Local
Tenant Description US Locations Reach
Dollar Tree Dollar/Variety/Thrift 11,073 International
Mancini's Sleepworld Furniture/Mattress 57 Local
Michaels Art/Crafts 1,432 International
PetSmart, Inc. Pet Shop/Supplies 1,767 International
Ross Dress for Less Discount Store 2,360 International
US Cricket Store Sporting Goods 1 Local

Property Facts

Total Space Available 34,580 SF
Center Type Power Center
Parking 2617 Spaces
Stores 6
Center Properties 13
Frontage 2,424’ on Ranch Dr
Gross Leasable Area 400,243 SF
Total Land Area 87.05 AC
Year Built 1994

About the Property

MCCARTHY RANCH was built in 1995 and was one of the original power centers built in the South Bay (Silicon Valley). The Shopping Center is located at the convergence of two of the region’s major freeways. Interstate 880 and Highway 237. The center consists of 265,344 square feet of retail space plus a 125,000 SF adjacent Walmart (NAP) Neighborhood Market. Existing major tenants include Best Buy, Ross, PetSmart, Michael’s, Dollar Tree, and Big Al’s. Retail Anchor space available for immediate occupancy.

  • Bio-Tech/ Lab Space
  • Bus Line
  • Food Court
  • Freeway Visibility
  • Hotel
  • Pylon Sign
  • Security System
  • Signalized Intersection
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100

Nearby Major Retailers

Charles Schwab
Bank of America
Romano's Macaroni Grill
Planet Fitness
Picklr
The Little Gym
Starbucks
East West Bank
99 Ranch Market
L & L Hawaiian Barbecue
  • Listing ID: 39593307

  • Date on Market: 4/15/2026

  • Last Updated:

  • Address: 15-301 Ranch Dr, Milpitas, CA 95035

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}