Rivian - Orlando FL (4000 Shader)

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer for sale the fee simple interest in the newly-renovated Rivian Service Center at 4000 Shader Rd, Orlando, FL 32808 (the “Property” or the “Asset”) – in one of Orlando’s top submarkets, Southeast Orange County. The subject property is 100% net-leased to Rivian Automotive, Inc., with 9.5 years of primary term remaining and two (2) 5-year renewal options, providing investors with a passive, long-term income stream. Moreover, the lease features a 3.0% management fee that functions as a profit center for the landlord as well as attractive contractual 3.75% annual increases seldom seen in the single-tenant market.

Founded in 2009, Rivian Automotive, Inc. (NASDAQ: RIVN) has achieved remarkable growth since its record-breaking 2021 IPO, reaching a market cap of over $16.7 billion as of May 30th, 2025 with a diverse electric vehicle portfolio that includes pickup trucks, SUVs, and commercial delivery vans. In 2019, Amazon invested $700 million in Rivian and ordered 100,000 EV delivery vans by 2030. This partnership propelled Rivian’s brand recognition and exposure, with Rivian’s EV Fleet vans delivering over 1.0 billion Amazon packages in 2024 alone. Similarly, Volkswagen recently committed $5.8 billion

in partnership with Rivian to develop next-generation EV architecture and software. The company is strategically expanding its domestic manufacturing footprint with facilities across multiple states, including a new $5 billion Georgia plant capable of producing 400,000 vehicles annually by 2028. Rivian has also stockpiled batteries over the past year and shifted its latest battery production to an Arizona plant. These efforts will position Rivian to benefit from favorable tariff conditions while creating thousands of American jobs due to its domestic manufacturing footprint.

The 34,938 square foot facility is situated on an oversized 6.44-acre site, which is rarely available in this dense infill Orlando, FL location. The Asset has been redeveloped with significant renovations for Rivian to operate its next-generation service center for the flagship R1 and Fleet models, as well as the company’s latest models: the R2 and R3. Rivian contributed $3.6 million of its capital and plans to utilize the Property to schedule new customer appointments, complete extensive pre-delivery inspections on new retail customer vehicles, and service all current consumer model vehicles. The Asset is strategically located a block northeast of the only 1.0 million square foot Amazon distribution facility in the heart of Orlando. At the Property, Rivian will service the adjacent Amazon facility’s EV Fleet vans, emphasizing how mission-critical this location is for the company’s partnership with Amazon and its operations in Central Florida.

The Property is also at the confluence of the region’s major highway systems, making it an ideal hub to serve over 2.0 million people within 60 minutes. These surrounding communities embody Rivian’s ideal customer type, with nearly 1.2 million households boasting an average household income of $107,000 and an impressive population growth of 11% over the past four years.

This unique offering provides investors with the opportunity to acquire a newly renovated industrial facility sitting on a rare 6.44-acre parcel in a core Orlando submarket. Further, the Property is long-term leased with outsized contractual 3.75% increases to a market-leading electric vehicle manufacturer that is experiencing robust growth with a strong trajectory.