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4001 North Plaza Drive

Updated Sep 1, 2026

CapRock Partners Leases 1,270,750 SF Industrial Facility In Visalia To Amazon
LEASEDIndustrial

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:

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.

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Players

Mike Fowler

JLL

Broker

3 deals

Broker

Patrick Daniels

CapRock Partners

Landlord

$116.4M

vol

7 deals

Landlord

Andy Jassy

Amazon

Tenant

$949.8M

vol

25 deals

Tenant
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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

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