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251 Ranch Dr

Milpitas, CA
Total Size
256,000 sqft

About 251 Ranch Dr

Set at 15-251 Ranch Drive, this growing commercial property has a great location within Milpitas, California. This shopping center is known as McCarthy Ranch and includes numerous 1-story buildings. Overall, there are a total of 256,000 square feet of rentable office space and retail space.

Big-name retailers dominate this complex, with nationally known names such as Petsmart, Walmart, Ross and Best Buy. Smaller, lesser-known businesses are welcome in the center, and they benefit from the recognition of their neighbors. There is a high amount of through traffic each day.

Each unit at 15-251 Ranch Drive is easily accessible from the outside, and all the units are connected by wide, well-maintained walkways. For easy recognition, the spaces feature expansive areas for signage above the entrances. Glass storefronts provide further advertisement space.

A central parking lot provides plenty of space for customers and tenants to park their vehicles. The lot features many landscaped islands, and there are poll lights throughout the parking area for added safety. The buildings themselves are illuminated by sconces.

McCarthy Ranch has an interesting appearance, with multi-colored buildings, galvanized steel accents and roof covers and even silo-like build-ups. The structures at 15-251 Ranch Drive have a clean and timeless look.

Internet Providers for 251 Ranch Dr

Provider Technology Max Download Speed Max Upload Speed
Level 3 Communications, LLC Fiber
10 Gb/s
10 Gb/s
Megapath DSL
25 Mb/s
25 Mb/s
AT&T California DSL
6 Mb/s
768 kbps

The City: Milpitas

On average, listings lease in the $30's per square foot per year. The Milpitas submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 10% decline in rent.

Compared to the rest of the Silicon Valley market, the Milpitas region has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Median Rate Median Size
Milpitas $30
/sqft/yr
2,200
sqft
Median Rate Median Size
Silicon Valley $51
/sqft/yr
2,930
sqft

Median Rate over Time in Milpitas