Rivian Leases 49,500-Square-Foot Industrial Facility In Perris From Dedeaux Properties
18631 Seaton Avenue
Building Size
49,500 SF
Asset Type
Industrial
Closing
Apr 16, 2026
AI
An industrial asset located at 18631 Seaton Avenue in Perris has been leased. The facility encompasses a total area of 49,500 square feet and is designated for light manufacturing purposes. This transaction reflects a part of the rising industrial demand in the Eastern Inland Empire market.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Square Footage: 49,500
- Address: 18631 Seaton Avenue
- Market: Perris
- Landlord: Brett Dedeaux - Dedeaux Properties
- Tenant: RJ Scaringe - Rivian
- Brokers: Mark Zorn, Cory Whitman & Nico Coppola - Colliers
The leasing agreement was established to support Rivian's electric vehicle sales, servicing, charging, and repair operations. The deal highlights the competitive landscape for modern industrial facilities near key freeway corridors, particularly I-215.
Players
Perris 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