Listed by JLL Chicago | Americas Headquarters, JLL - Irvine (Orange County), California, JLL - Dallas | Cedar Springs, Texas
Unpriced
Rivian Service Center & Showroom | Downtown Ft. Worth, TX
Details
Property Type Retail, Industrial
Sub Type Auto Shop, Flex
Square Footage 21,675
Net Rentable (SqFt) 21,675
NOI $544,043
Occupancy 100%
Tenancy Single
Lease Expiration 06/30/2030
Remaining Term 4.2
Rent Bumps Yes
Lease Options 2 x 3
Class A
Year Built 1978
Year Renovated 2020, 2025
Acreage 1.000
Investment Type Net Lease
Ground Lease No
Sale Condition For sale by owner
Rivian | Service Center & Showroom on 1.5 AC Site in Downtown Ft. Worth, TX | $19.6B Market Cap
Marketing description
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the single-tenant Rivian Service Center facility at 275 University Drive in Fort Worth, TX (“Property” or “Asset”). The Property is operating on a NN lease with minimal landlord responsibilities, ±4.2-years of primary lease term remaining, 3.50% annual rent escalations, and two (2), three-year renewal options at 4.00% annual escalations.
This unique opportunity allows investors the ability to acquire passive income from a well-known tenant positioned in one of the fastest-growing markets in the United States.
Investment highlights
- Publicly-traded EV manufacturer with $5.4B in 2025 revenue and ±32% YoY growth
- Renovated-to-suit service center and showroom completed in mid-2025
- Irreplaceable urban infill site positioned ±2 miles from downtown Fort Worth, TX
- ±4.2 years of primary lease term remaining
- 1.7B Westside Village mixed-use development breaking ground directly adjacent to Property in March 2026
- NN lease structure with minimal landlord responsibilities
- 3.50% annual rent escalations with two (2), three-year renewal options at 4.00% escalations
- DFW ranked #1 MSA for projected population growth with 595,000 new residents expected over the next 5 years
- ±500K SF Rivian parts DC currently under construction outside of Fort Worth – demonstrating long-term commitment to the market
- $19.6B - Rivian’s current market cap, backed by strategic partnerships with Amazon and a $1.25B Uber robotaxi deployment plan
Listing Contacts
Listed by JLL Chicago | Americas Headquarters, JLL - Irvine (Orange County), California, JLL - Dallas | Cedar Springs, Texas
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$544,043.00
$45,336.92/mo
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