Updated Sep 1, 2026
Walmart Leases 656,661 Square Feet Industrial Space At 11850 Riverside Drive In Jurupa Valley
11850 Riverside Drive
Building Size
656,661 SF
Asset Type
Industrial
Closing
Jul 27, 2026
About this deal
AI
The property involved in this transaction is an industrial asset located at 11850 Riverside Drive in Jurupa Valley, CA. The facility is notable for its extensive size, encompassing 656,661 square feet. This location represents a strategic addition to the industrial market in the Inland Empire, characterized by current market conditions that include elevated vacancy and declining industrial rents.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not Disclosed
- Address: 11850 Riverside Drive, Jurupa Valley, CA
- Square Footage: 656,661
- Tenant: John Furner - Walmart
John Furner from Walmart played a pivotal role in this significant leasing agreement, which marked one of the largest leasing deals in the Inland Empire during the second quarter of 2026. This transaction reflects Walmart's intention to expand its regional logistics footprint.
Players
Riverside Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93