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Investment Highlights
- Own 1561 Buckeye Drive, a R&D, lab, and manufacturing facility, divided into approximately 21,094- and 23,721-square-foot suites.
- Unique facility with 50% office space and 50% R&D/lab/manufacturing areas, including wet and electronic labs and flexible plug-and-play offices.
- Expect 2,000-amp, 120/480-volt, 3-phase power, a roll-up door, a maximum clear height of 17 feet, a plug-and-play lab, a wet lab, and ample parking.
- Direct freeway exit off Interstate 880 provides access to amenities such as 99 Ranch Market, Walmart, Starbucks, The Home Depot, and Safeway.
- Excellent access to nearby transit, including Alder VTA Light Rail Station and Milpitas BART, granting connections to the Bay Area and Silicon Valley.
- In the thriving city of Milpitas, home to major employers BD Biosciences, Amazon, Cisco, Samsung, Google, Logitech, and Thermo Fisher Scientific.
Executive Summary
1561 Buckeye Drive is a rare 44,815-square-foot research and development and lab facility that offers a highly functional blend of office, wet lab, and manufacturing space in a central Milpitas location. With robust 2,000-amp 3-phase power capacity, dock-high and grade-level loading, and plug-and-play infrastructure, this one-of-a-kind offering is ideally suited for companies needing immediate operational capability.
This property offers expansive, open-concept laboratory areas well-suited for diverse research and development functions. The generous floor plan accommodates multiple workstations, equipment, and specialized configurations, affording significant flexibility for advanced projects. Strategically located roll-up doors facilitate convenient deliveries and shipments, while several loading docks support streamlined logistics. The facility includes modern infrastructure, including 16-foot, 8-inch ceilings and 2,000-amp, 120/480-volt, 3-phase power. Finally, the 3.07-acre site is ideally zoned MPS – Industrial Park, which allows a wide variety of industrial and commercial applications.
Located in central Milpitas, California, 1561 Buckeye Drive offers convenient access to major highways, including Interstate 880, facilitating efficient connectivity to Silicon Valley, transportation centers, and the greater Bay Area. Its location near key transit routes, retail options, and lodging resources positions 1561 Buckeye Drive as an outstanding selection for organizations seeking a high-quality, move-in-ready facility.
This property offers expansive, open-concept laboratory areas well-suited for diverse research and development functions. The generous floor plan accommodates multiple workstations, equipment, and specialized configurations, affording significant flexibility for advanced projects. Strategically located roll-up doors facilitate convenient deliveries and shipments, while several loading docks support streamlined logistics. The facility includes modern infrastructure, including 16-foot, 8-inch ceilings and 2,000-amp, 120/480-volt, 3-phase power. Finally, the 3.07-acre site is ideally zoned MPS – Industrial Park, which allows a wide variety of industrial and commercial applications.
Located in central Milpitas, California, 1561 Buckeye Drive offers convenient access to major highways, including Interstate 880, facilitating efficient connectivity to Silicon Valley, transportation centers, and the greater Bay Area. Its location near key transit routes, retail options, and lodging resources positions 1561 Buckeye Drive as an outstanding selection for organizations seeking a high-quality, move-in-ready facility.
Sale Flyer
Property Facts
Amenities
- Bio-Tech/ Lab Space
- Signage
- Wet Lab
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Turnkey space, ready for cutting-edge innovators like R&D or advanced manufacturing companies, with a flexible layout and important features like open configurable lab spaces, a loading door, a dedicated wet lab, and heavy power.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 44,815 SF | Flex | Full Build-Out | Now |
1st Floor
| Size |
| 44,815 SF |
| Space Use |
| Flex |
| Condition |
| Full Build-Out |
| Available |
| Now |
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1st Floor
| Size | 44,815 SF |
| Space Use | Flex |
| Condition | Full Build-Out |
| Available | Now |
Turnkey space, ready for cutting-edge innovators like R&D or advanced manufacturing companies, with a flexible layout and important features like open configurable lab spaces, a loading door, a dedicated wet lab, and heavy power.
Demographics
Regional Accessibility
City
Population
Miles
Drive Time
San Jose
1,030,119
12
0 h 18 m
San Francisco
883,305
46
0 h 58 m
Fresno
530,093
154
3 h 11 m
Los Angeles
3,990,456
348
6 h 36 m
San Diego
1,425,976
459
8 h 46 m
Las Vegas
644,644
537
10 h 10 m
Access and Labor Force
10 Miles
Total Population
1,407,820
Total Labor Force
771,546
Unemployment Rate
3.19%
Median Household Income
$141,774
Warehouse Employees
153,274
High School Education Or Higher
88.90%
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| The Poolside Grill | Grill | $ | 13 min walk |
| The Bistro | American | - | 13 min walk |
Hotels |
|
|---|---|
| element |
194 rooms
4 min drive
|
| Hampton by Hilton |
93 rooms
5 min drive
|
| Quality Inn |
47 rooms
5 min drive
|
| Hilton Garden Inn |
161 rooms
6 min drive
|
| Staybridge Suites |
99 rooms
5 min drive
|
Property Taxes
| Parcel Number | 083-31-025 | Improvements Assessment | $4,796,729 |
| Land Assessment | $7,473,976 | Total Assessment | $12,270,705 |
Property Taxes
Parcel Number
083-31-025
Land Assessment
$7,473,976
Improvements Assessment
$4,796,729
Total Assessment
$12,270,705
Sale Advisors
Steve Pace, Executive Director
Steve Pace joined Cushman & Wakefield (formerly CPS) in 1993 and currently serves as Executive Director. Steve brings his clients over 30 years of commercial real estate knowledge and experience, focusing on Office, R&D, and Warehouse Brokerage and Investment and Land Sales.
Dan Hollingsworth, Executive Managing Director
Dan Hollingsworth joined Cushman & Wakefield (formerly CPS) in 1993 and served as Senior Vice President/Principal until 2010 when he became Partner. Currently, Dan serves as Executive Managing Director specializing in Office/R&D and Warehouse Brokerage and Land and Investment Property Sales.
Dan brings more than 27 years of commercial real estate knowledge and experience. Prior to joining the company, he was a Sales Associate at Schneider Commercial Real Estate from 1988 to 1993.
Dan brings more than 27 years of commercial real estate knowledge and experience. Prior to joining the company, he was a Sales Associate at Schneider Commercial Real Estate from 1988 to 1993.
Tiana Dampier, Brokerage Specialist
Tiana is a dynamic and detail-oriented real estate professional with a diverse background in brokerage support, property management, and client services. Currently a Brokerage Specialist at Cushman & Wakefield, she excels in financial analysis, marketing collateral development, and transaction management. Her role involves coordinating global data collection, managing deal documentation, and streamlining commission invoicing—demonstrating her precision and organizational strength. Prior to this, Tiana served as a Property Manager at Robinson & Company Realtors, where she oversaw leasing, maintenance coordination, tenant relations, and financial reporting. Her early experience includes assistant property management roles in Menlo Park and a brief tenure in staffing at Robert Half. Tiana holds a Bachelor of Science degree from Santa Clara University and brings strong analytical skills, operational insight, and a client-first mindset to every role.
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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1561 Buckeye Dr
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