AeroVironment signs 130,733 sq ft Utah lease with 10.5-year term, monthly rent starting at $146K

AeroVironment Inc

Lease executed Dec 18, 2025 for 130,733 sq ft in West Valley City, UT.
Lease term 126 months (10.5 yrs) with two five-year renewal options.
Base monthly rent: $146,420.96 months 1-12, escalating to $206,541.22 by final 6 months.
Tenant also pays proportionate share of operating expenses and property taxes.
Commencement based on occupancy or substantial completion of improvements.

item 1.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

AeroVironment Inc entered into Lease with QOZ 201CC TWO, LLC (effective 2025-12-18).

Action: entry
Agreement: lease
Counterparty: QOZ 201CC TWO, LLC
Effective: 2025-12-18

Exact text from the filing

On December 18, 2025, AeroVironment, Inc. (the “Company”) executed a new lease (the “Lease”) with QOZ 201CC TWO, LLC (the “Landlord”)

View on SEC.gov

Browse all material agreements →

AeroVironment Inc filing history →

Source: SEC EDGAR

accession 0001104659-25-124091

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.