Updated Jul 8, 2026
Rivian Leases 60,000 Square Feet Industrial Space From LaTerra Development In Sacramento
4100 Northgate Boulevard
Building Size
60,000 SF
Asset Type
Industrial
Closing
Jul 2, 2026
About this deal
AI
An industrial property located at 4100 Northgate Boulevard in Sacramento, CA, has been leased to Rivian Automotive. The asset spans 60,000 square feet and is part of a redeveloped facility that totals 156,000 square feet, which is owned by LaTerra Development.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 4100 Northgate Boulevard
- Market: Sacramento, CA
- Landlord: Charles Tourtellotte - LaTerra Development
- Tenant: RJ Scaringe - Rivian
- Broker: CBRE
This transaction includes a lease agreement in which Rivian will occupy the facility, expanding its operational footprint in Northern California. The anticipated occupancy date for the new sales and service center is set for late 2027, as marketed by CBRE.
On the Map
Industrial
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Sacramento 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