Listed by B+E
$15,262,000
Rivian | 2027 Build-to-Suit | 15-Year NNN | Affluent Retail
Details
Property Type Retail, Industrial
Sub Type Auto Shop, Dealership
Square Footage 53,000
Net Rentable (SqFt) 53,000
Cap Rate 8.5%
NOI $1,297,276
Occupancy 100%
Tenancy Single
Brand/Tenant Rivian
Lease Type NNN
Lease Term 15
Lease Expiration 10/31/2042
Remaining Term 16.3
Rent Bumps Yes
Lease Options 4; 5-Year
Price per SqFt $288
Buildings 1
Acreage 6.970
Zoning MPUD
Parking Spaces 206 spaces
Parking per 1,000 SqFt 3.89
Investment Type Net Lease
Lease Commencement 11/01/2027
Ground Lease Yes
Rivian | 2027 Build-to-Suit | 15-Year NNN | Wesley Chapel Retail | 34% Above National Income
Marketing description
Exclusively Listed By:
Carson Jeremiah | Associate Director | 469.949.7540 | [email protected]
Camille Renshaw | CEO & Co-Founder | 646.770.0659 | [email protected]
Investment highlights
- BRAND NEW DEVELOPMENT | 2027 BUILD-TO-SUIT
- NEW 15-YEAR BASE TERM | 12.5% ESCALATIONS
- RIVIAN AUTOMOTIVE | EMERGING U.S. EV LEADER | ± $5.4 BILLION (FY 2025)
- WESLEY CHAPEL PRIMARY RETAIL CORRIDOR | ± 74,000 VPD | 110+ STORES/SERVICES | COMPLEMENTARY DEALERSHIPS
- 34% ABOVE NATIONAL MEDIAN INCOME | HIGH DENSITY AND AFFLUENT DEMOGRAPHICS
- SERVICE-BASED BUSINESS MODEL WITH EV CHARGING STATIONS
- RARE BUILD-TO-SUIT CONSTRUCTION
- ONE OF SIX SERVICE CENTERS IN FLORIDA | 2ND LOCATION EXPANDING MARKET REACH IN TAMPA SUBURBS
- EV MARKET TRENDS & GROWTH FOR 2026
- SECOND-HIGHEST EV REGISTRATIONS IN THE U.S. BY STATE
- RIVIAN’S ACCELERATED GROWTH ACROSS THE U.S.
- LARGE PARCEL SIZE | ± 6.97 AC | ± 206 STORAGE SPACES
- ACCESS TO I-75 | ± 110,000 VPD
- INCOME TAX-FREE STATE
- FLORIDA ENDS TAX ON COMMERCIAL RENT
Listing Contacts
Listed by B+E
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$1,297,276.00
$108,106.33/mo
Valuation Metrics
0
DSCR
8.5%
Cap Rate
8.5%
ROI
Map
Zoning
AC AgricultureAgricultural
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View all 46 uses
View all 46 uses Last updated Jan 28, 2026 For deeper zoning details, reports are available at Zoneomics
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