Aventus Edge Data Center is a Tier 3 level equivalent data storage site in Milwaukee, WI. This masonry construction building is a single-story freestanding structure consisting of 26,432 total square feet on a 2.04 acre site. The anchor tenant is Agility Holdings LLC (dba VCPI) and has 7 years remaining on a NNN lease with two optional 5-year extensions. The current lease payment is $35,525 per month and carries automatic annual escalations of 1.5%. In conjunction with the NNN lease, the anchor tenant also pays approximately $39,000 per month in operating expenses. The lease is secured by a corporate and personal guarantee. Expansion plans consist of two phases totaling 213 additional data storage racks occupying approximately 7,000 sq. ft. of available space.
HIGHLIGHTS
– Data Center (Industrial/Warehouse) building
– 26,432 total building sq. ft.
– Single story freestanding building
– Anchor tenant: Agility Holdings, LLC dba VCPI (24 colocation racks)
– 7 years remaining on lease with two optional 5-year extensions
– Monthly rental income of $35,525 (NNN) with 1.5% escalators
– Lease personally guaranteed by the owner of Agility Holdings, LLC
– Lease also personally guaranteed by the Seller for 6 months
– Future expansion capacity of 213 more colocation or private cloud racks
– 2.04 acres site (88,889 sq. ft.)
– 2 dock high doors
– 18’ ceiling height
– 46 surface parking spaces (1.81/1,000)
– 600 amp, 480 volt, 3-phase electrical service
– Masonry construction
– IL1 (Limited Industrial District) zoning
Aventus Edge Data Centers
7839 and 7901 W. Clinton Ave., Milwaukee, WI
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