Updated Sep 1, 2026
CapRock Partners Leases 1,270,750 SF Industrial Facility In Visalia To Amazon
4001 North Plaza Drive
Building Size
1,270,750 SF
Asset Type
Industrial
Closing
Jul 23, 2026
About this deal
AI
The industrial asset located at 4001 North Plaza Drive in Visalia, CA encompasses a substantial 1,270,750 square feet. This property is part of the Central Point III industrial development, designed to cater to modern logistics needs and represents a significant component of the industrial market in California's Central Valley.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Square Footage: 1,270,750
- Address: 4001 North Plaza Drive
- Market: Visalia, CA
- Landlord: Patrick Daniels - CapRock Partners
- Tenant: Andy Jassy & c - Amazon
- Brokerage Firm: Mike Fowler, Mike McCrary & Mac Hewett - JLL
This lease arrangement was orchestrated by JLL and represents one of the largest industrial transactions in recent years within California's Central Valley. The Class A logistics facility is now fully leased, indicating strong demand for industrial space in the area.
Players
Visalia 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