Newmark, as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in 401 Coral Circle in El Segundo, CA (the “Property”). This 56,815 RSF mission critical industrial and R&D facility is 100% leased to Rivian (NYSE: RIVN) on a NNN basis through September 2034, offering an investor a long-term, secure, and escalating income stream from one of the fastest growing automotive innovators in the world. Founded in 2009, Rivian (Nasdaq: RIVN) is a leading publicly traded American electric vehicle automaker with a market cap of $19.4B. Backed by the likes of Amazon, and Volkswagen, the company has quickly become a prominent name in the EV industry, focusing on producing both consumer and commercial electric vehicles. 401 Coral Circle is located in the highly desirable South Bay industrial market, which has averaged a mere 1.4% vacancy rate over the last 10 years. The submarket’s consistently low vacancy rates have placed an upward pressure on rents, which have increased 203% over the last decade. The South Bay industrial market continues to thrive, supported by its proximity to the Ports of Los Angeles, Long Beach, and LAX.