304 PROGRESS CIR Cheyenne WY 82007-9668

Seize this rare opportunity to acquire a high-quality, single-tenant NNN data center leased to Lunavi, a reputable cloud and infrastructure provider with 18 years at the site and a fresh 5-year lease extension (plus two 5-year options). Situated in Cheyenne's thriving south side—anchored by Microsoft's cloud facility and the groundbreaking $1.2B Related Digital hyperscale campus—this 1.2 MW, 8,580 SF facility delivers stable, low-maintenance income at a 7.7% cap rate. Leveraging Wyoming's renewable energy strengths, this facility serves an essential role in providing dependable, appropriately scaled infrastructure during the AI boom, delivering strong returns with hands-off management. In a world of massive hyperscale campuses, this size appeals to tenants like regional MSPs, edge computing providers, and specialized colocation operators who value quick scalability, lower entry costs, and tailored proximity to local enterprise clients over vast volume.

Property Overview:

• Address: 304 Progress Cir, Cheyenne, WY

• Size: 8,580 square feet

• Year Built: 2003

• Lease Type: NNN

• Tenant: Lunavi (also leases adjacent larger building)

• Secure Long-Term Lease: Lunavi recently renewed for 5 years with two additional 5-year options, signaling strong tenant commitment.

• NNN Lease Structure: Minimal landlord responsibilities, maximizing returns.

• Significant Tenant Investment: Lunavi has invested substantial capital into the property, ensuring long-term occupancy.

• Versatile Design: Originally configured as a 3-suite retail/office space, offering future flexibility if the tenant vacates.

• Ample Power Supply: Fully equipped with robust power allocation from Black Hills Energy, ideal for data center operations.

• Strategic Location: Situated in a thriving commercial corridor with excellent growth potential.