Rivian Service Center & Showroom | Fort Worth, TX

275 University Drive, Fort Worth, TX, 76107, US

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.

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Attributes

NOI

HK$4,262,000

WALT

4.2 years

Lease type

Net lease (N/NN/NNN)

Annual escalation

Fixed

Building area net

21,675 sf

Land area gross

1.49 acres

Media

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