Listed by B+E
$29,681,000
Rivian | Only Build-to-Suit Service Ctr I New Construction
Details
Property Type Industrial, Land
Sub Type Warehouse, Service Center
Square Footage 34,754
Cap Rate 5%
NOI $1,484,027
Tenancy Single
Brand/Tenant Rivian
Lease Type NNN
Lease Term 10
Lease Expiration 03/31/2036
Remaining Term 9.8
Rent Bumps Yes
Lease Options 3; 5-Year
Price per SqFt $854
Year Built 2026
Buildings 1
Acreage 8.430
Parking Spaces 413 spaces
Parking Per SqFt 11.88
Investment Type Net Lease
Lease Commencement 04/01/2026
Ground Lease No
Rivian | Only Build-to-Suit Service Center | New Construction | 8+ AC of Vehicle Storage
Marketing description
Exclusively Listed By:
Chris Guida | Director | 917.451.8294 | cguida@tradenetlease.com
Camille Renshaw | 646.770.0659 | crenshaw@tradenetlease.com
In association with Janice Zucco | NJ License #: 0902315
Investment highlights
RARE 3% ANNUAL INCREASES | 10 YEARS REMAINING TERM
BRAND NEW CONSTRUCTION | SIGNIFICANT TENANT INVESTMENT
SERVICE-BASED BUSINESS MODEL
ONE OF FOUR SERVICE CENTERS IN THE NORTHEAST
GROWING ELECTRIC VEHICLE INDUSTRY
OPPORTUNITY ZONE | CENSUS TRACT 29.02
NEW JERSEY TAX CREDITS FOR PURCHASE OF EV
EXCELLENT ACCESSIBILITY TO MAJOR CITIES & GREATER NEW JERSEY | ± 368,000 VPD
LARGE PARCEL SIZE | ± 8.4 AC | ± 413 STORAGE SPACES
Listing Contacts
Listed by B+E
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$1,484,027.00
$123,668.92/mo
Valuation Metrics
0
DSCR
5%
Cap Rate
5%
ROI
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