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Corsicana lease average annual rent

Company: Riot - Project: Corsicana

Subject kind
customer
Statement date
2026-11-04
Promised amount
1800000000.0 USD
Current status
stated

The claim, verbatim

The Corsicana lease carries approximately $1.8 billion in average annual rent, including escalators.

Source (primary)

Riot Platforms Tops Revenue Estimates, Signs $28 Billion AI Lease for Corsicana Campus - Yahoo Finance (-, news_article)
View cached copy (2026-11-05)Live source ↗Archive.org ↗

Quote: “carries approximately $1.8 billion in average annual rent, including escalators”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Riot Platforms Tops Revenue Estimates, Signs $28 Billion AI Lease for Corsicana Campus - Yahoo Finance

Quote: “carries approximately $1.8 billion in average annual rent, including escalators”

View cached copy (2026-11-05)Live source ↗Archive.org ↗

confirms [Riot Platforms Q3 2026 Earnings Call] Riot Signs Largest-Ever $28 Billion, 910 MW AI Lease at Corsicana, Targets $2.2 Billion Annual NOI and Says No Equity Needed - finance.biggo.com

Quote: “about $1.8 billion in average annual rent”

View cached copy (2026-11-05)Live source ↗Archive.org ↗

confirms Riot Platforms Stock Jumps 14% on $28 Billion AI Lease at Texas Site - BigGo Finance

Quote: “Riot projects average annual rent of about $1.8 billion over the initial term”

View cached copy (2026-11-05)Live source ↗

confirms Riot Platforms Signs 15-Year 910 MW Corsicana AI Lease Valued Near $28 Billion: who 7 outlets blamed - NewsCord

Quote: “the company said the deal is expected to generate roughly $1.8 billion of average annual rent”

View cached copy (2026-11-05)Live source ↗