Key Funding Points

• Building Purchase Price: $8,000,000
• Equity Required: $2,900,000
• Powered Shell Build Out: $550,000

Timeline

• Deposit: $200,000 refundable deposit -$100,000 to start CEQA process for permit -$200,000 CEQA and management fees
• Close on property around November 26, 2021
• Approval on CEQA on Any 1, 2021 and begin site improvements for powered shell, 30-45 day duration for $550,000
• Disposition could be as early as March 1, 2022

Power

• Current Power: 2,000 amps at 480 volts
• Megawatt Build (Gross): 3.0 Megawatts
• Megawatt Build (Usable): 2.2 Megawatts