MEMORANDUMOFFERING

C O N F I D E N T I A L

1025 JOELLIS WAYSACRAMENTOCALIFORNIAplusmn 1 0 2 2 2 4 S F C A N N A B I S P R O D U C T I O N F A C I L I T Y

Legal documents and reports summarized in this Offering Memorandum are not intended to be comprehensive statements of the terms or contents of such documents and reports Although the Owner believe the information to be accurate no warranty or representation is made as to its accuracy or completeness Interested parties should conduct independent investigations and reach conclusions without reliance on materials contained herein

This Offering Memorandum is delivered under the terms and conditions of a Confidentiality and Non-disclosure Agreement which has been executed by the recipient as Potential Buyer and is on file at Ownerrsquos office All terms and conditions of the Confidentiality Agreement apply to information contained herein as appropriate

Offers should be delivered to TAC Realty Inc via the contact information below To facilitate analysis of offers offerors are encouraged to provide information relative to funding sources experience in owning and operating similar properties familiarity with the market and any other information which is likely to favorably reflect on the offerorrsquos ability to close this proposed transaction in a timely manner

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA

1025 JOELLIS WAYSACRAMENTOCALIFORNIA

For more information please contactTAC REALTY INCCA-Lic 01208686E-mail 1025joellisgmailcomPhone 916-877-5715

TERMS OFOFFERING

04 EXECUTIVESUMMARY

06 PROPERTY FEATURES

05 ACTUAL VS PROFORMAANALYSIS

06 INVESTMENTHIGHLIGHTS

07 EQUIPMENTHIGHLIGHTS

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA

11 SITEPLAN

15 SACRAMENTOCANNABIS NEWS

12 SACRAMENTOOVERVIEW

16 FINANCIAL SUMMARY

18 CASH FLOW

19 RENT ROLL

31 AERIALMAP

20 TENANTPROFILES

1025 JOELLIS WAYSACRAMENTOCALIFORNIA

TABLE OF CONTENTSTABLE OF CONTENTS

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA4

EXECUTIVESUMMARY

Presenting a 100 leased and stabilized asset in the heart of Sacramentorsquos approved green zone 1025 Joellis Way

The subject property offers an excellent opportunity for an investor to acquire a fully improved plusmn102224 square foot industrial with in-place cash flow The asset is being offered at a price below replacement cost for similarly outfitted facilities and a significant upside at lease expirations

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA 5

1025 JOELLIS WAYSACRAMENTOCALIFORNIA

ACTUAL PROFORMAAnnual Gross Revenue $2537215 $2879652Operating Expenses Property Taxes (est based on sale price) $268000 $268000 Insurance $15861 $15861 Utilities $2281100 $2281100 Repairs $2500000 $2500000 Security $29760000 $29760000 Management $3600000 $3600000 Landscaping $720000 $720000 Total Operating Expenses $672472 $672472

NET OPERATING INCOME $1864743 $2207180CAP RATE 950 1124

Purchase Price $19628875Deferred Rent Recapture $336055Adjusted Purchase Price $19964930

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA6

INVESTMENT HIGHLIGHTSbull The property is completely built out and improved

for cannabis related uses with top of the line improvements and systems

bull In place rents for the improved space are under market offering an upside in the investment at renewal

bull Tenant profiles consist of industry leaders in their respective space assuring uninterrupted cash flow

bull All leases are Triple Net (NNN) allowing for all property expenses to be passed through to tenants

bull The licensing or CUP on the property allows for some flexibility for future uses

bull The price of the property as it is currently improved is under replacement cost

bull Centrally located within the Sacramento region

PROPERTY FEATURESbull Total Building plusmn102224 SF

bull Lot Size plusmn588 acres

bull APN 277-0241-060

bull Zoning M-1 (City of Sacramento)

bull Opportunity Zone Yes

bull Construction Concrete Tilt-Up

bull Power 4800 amp 277480v 3-phase

bull Power Provider SMUD

bull Fire Alarm System 201500 Fire Pump Monitoring System owned

bull Roof Buillt-up Ply (ReplacedRenovated in 2019)

bull Parking 96 spaces

1st Year Annual Base Rent $1864743Asking Sale Price $19964930CAP Rate 95Included Deferred Rent Recapture of $336055

1025 JOELLIS WAYSACRAMENTOCALIFORNIA

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA 7

EQUIPMENTHIGHLIGHTS

FEATURES Dedicated Indoor Agricultural System or DIAS a complete system that utilizes standard air conditioning units to control temperature between 70degF to 85degF and ultra-sensitive dehumidfiiersSPECIFICATION 6-10 tons per HVAC unit multiple unitsMORE INFORMATION Click for more information

HVACSYSTEM

FEATURES Schaefer fixed mounted circulation fans are engineered to produce greater air movement at noise levels quieter than conversational voice MORE INFORMATION Click for more information

AIR FLOWSYSTEM

FEEDINGSYSTEM

FEATURES HE Andersen Feeding pneumatic feeding system coupled with redundant Dab variable speed pumps - an inline injection system capable of injecting nutrients and acid based on measurements from sensors The system settings and data are viewed and configured through any device with a web browser connected to the local area network Historical data of chemical levels and water flow can also be viewedSPECIFICATION Anderson Aqua Injection SystemMORE INFORMATION Click for more information

FEATURES Proprietary high capacity reverse osmosis water supply systemSPECIFICATION 1 HP liberty sump pumpMORE INFORMATION Click for more information

WATER DRAINAGE

SYSTEM

FEATURES Propietary CO2 delivery system with 750 gallon remote tanks per cultivation suite Code compliant CO2 alarm and detection system complete with strobes alarm and automatic shut-off exhaust evacuation and fresh air systemCO2

SYSTEM

FEATURES Top of the line fixtures with the ease of external control and three phase systems A professional grow light solutions this single ended fixture is capable of being remote controlled by the Gavita Master Controller with added safety features such as auto-dimming and a safety shutdownMORE INFORMATION Click for more information

LIGHTINGSYSTEM

FEATURES Each suite is equipped with fully integrated electronic control systems providing the end user with state of the art real time information and safety protocols and troubleshooting mechanisms to ensure maximum eficies and economies of scaleCONTROL

SYSTEM

Legal documents and reports summarized in this Offering Memorandum are not intended to be comprehensive statements of the terms or contents of such documents and reports Although the Owner believe the information to be accurate no warranty or representation is made as to its accuracy or completeness Interested parties should conduct independent investigations and reach conclusions without reliance on materials contained herein

This Offering Memorandum is delivered under the terms and conditions of a Confidentiality and Non-disclosure Agreement which has been executed by the recipient as Potential Buyer and is on file at Ownerrsquos office All terms and conditions of the Confidentiality Agreement apply to information contained herein as appropriate

Offers should be delivered to TAC Realty Inc via the contact information below To facilitate analysis of offers offerors are encouraged to provide information relative to funding sources experience in owning and operating similar properties familiarity with the market and any other information which is likely to favorably reflect on the offerorrsquos ability to close this proposed transaction in a timely manner

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA

1025 JOELLIS WAYSACRAMENTOCALIFORNIA

For more information please contactTAC REALTY INCCA-Lic 01208686E-mail 1025joellisgmailcomPhone 916-877-5715

TERMS OFOFFERING

04 EXECUTIVESUMMARY

06 PROPERTY FEATURES

05 ACTUAL VS PROFORMAANALYSIS

06 INVESTMENTHIGHLIGHTS

07 EQUIPMENTHIGHLIGHTS

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA

11 SITEPLAN

15 SACRAMENTOCANNABIS NEWS

12 SACRAMENTOOVERVIEW

16 FINANCIAL SUMMARY

18 CASH FLOW

19 RENT ROLL

31 AERIALMAP

20 TENANTPROFILES

1025 JOELLIS WAYSACRAMENTOCALIFORNIA

TABLE OF CONTENTSTABLE OF CONTENTS

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA4

EXECUTIVESUMMARY

Presenting a 100 leased and stabilized asset in the heart of Sacramentorsquos approved green zone 1025 Joellis Way

The subject property offers an excellent opportunity for an investor to acquire a fully improved plusmn102224 square foot industrial with in-place cash flow The asset is being offered at a price below replacement cost for similarly outfitted facilities and a significant upside at lease expirations

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA 5

1025 JOELLIS WAYSACRAMENTOCALIFORNIA

ACTUAL PROFORMAAnnual Gross Revenue $2537215 $2879652Operating Expenses Property Taxes (est based on sale price) $268000 $268000 Insurance $15861 $15861 Utilities $2281100 $2281100 Repairs $2500000 $2500000 Security $29760000 $29760000 Management $3600000 $3600000 Landscaping $720000 $720000 Total Operating Expenses $672472 $672472

NET OPERATING INCOME $1864743 $2207180CAP RATE 950 1124

Purchase Price $19628875Deferred Rent Recapture $336055Adjusted Purchase Price $19964930

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA6

INVESTMENT HIGHLIGHTSbull The property is completely built out and improved

for cannabis related uses with top of the line improvements and systems

bull In place rents for the improved space are under market offering an upside in the investment at renewal

bull Tenant profiles consist of industry leaders in their respective space assuring uninterrupted cash flow

bull All leases are Triple Net (NNN) allowing for all property expenses to be passed through to tenants

bull The licensing or CUP on the property allows for some flexibility for future uses

bull The price of the property as it is currently improved is under replacement cost

bull Centrally located within the Sacramento region

PROPERTY FEATURESbull Total Building plusmn102224 SF

bull Lot Size plusmn588 acres

bull APN 277-0241-060

bull Zoning M-1 (City of Sacramento)

bull Opportunity Zone Yes

bull Construction Concrete Tilt-Up

bull Power 4800 amp 277480v 3-phase

bull Power Provider SMUD

bull Fire Alarm System 201500 Fire Pump Monitoring System owned

bull Roof Buillt-up Ply (ReplacedRenovated in 2019)

bull Parking 96 spaces

1st Year Annual Base Rent $1864743Asking Sale Price $19964930CAP Rate 95Included Deferred Rent Recapture of $336055

1025 JOELLIS WAYSACRAMENTOCALIFORNIA

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA 7

EQUIPMENTHIGHLIGHTS

FEATURES Dedicated Indoor Agricultural System or DIAS a complete system that utilizes standard air conditioning units to control temperature between 70degF to 85degF and ultra-sensitive dehumidfiiersSPECIFICATION 6-10 tons per HVAC unit multiple unitsMORE INFORMATION Click for more information

HVACSYSTEM

FEATURES Schaefer fixed mounted circulation fans are engineered to produce greater air movement at noise levels quieter than conversational voice MORE INFORMATION Click for more information

AIR FLOWSYSTEM

FEEDINGSYSTEM

FEATURES HE Andersen Feeding pneumatic feeding system coupled with redundant Dab variable speed pumps - an inline injection system capable of injecting nutrients and acid based on measurements from sensors The system settings and data are viewed and configured through any device with a web browser connected to the local area network Historical data of chemical levels and water flow can also be viewedSPECIFICATION Anderson Aqua Injection SystemMORE INFORMATION Click for more information

FEATURES Proprietary high capacity reverse osmosis water supply systemSPECIFICATION 1 HP liberty sump pumpMORE INFORMATION Click for more information

WATER DRAINAGE

SYSTEM

FEATURES Propietary CO2 delivery system with 750 gallon remote tanks per cultivation suite Code compliant CO2 alarm and detection system complete with strobes alarm and automatic shut-off exhaust evacuation and fresh air systemCO2

SYSTEM

FEATURES Top of the line fixtures with the ease of external control and three phase systems A professional grow light solutions this single ended fixture is capable of being remote controlled by the Gavita Master Controller with added safety features such as auto-dimming and a safety shutdownMORE INFORMATION Click for more information

LIGHTINGSYSTEM

FEATURES Each suite is equipped with fully integrated electronic control systems providing the end user with state of the art real time information and safety protocols and troubleshooting mechanisms to ensure maximum eficies and economies of scaleCONTROL

SYSTEM

04 EXECUTIVESUMMARY

06 PROPERTY FEATURES

05 ACTUAL VS PROFORMAANALYSIS

06 INVESTMENTHIGHLIGHTS

07 EQUIPMENTHIGHLIGHTS

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA

11 SITEPLAN

15 SACRAMENTOCANNABIS NEWS

12 SACRAMENTOOVERVIEW

16 FINANCIAL SUMMARY

18 CASH FLOW

19 RENT ROLL

31 AERIALMAP

20 TENANTPROFILES

1025 JOELLIS WAYSACRAMENTOCALIFORNIA

TABLE OF CONTENTSTABLE OF CONTENTS

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA4

EXECUTIVESUMMARY

Presenting a 100 leased and stabilized asset in the heart of Sacramentorsquos approved green zone 1025 Joellis Way

The subject property offers an excellent opportunity for an investor to acquire a fully improved plusmn102224 square foot industrial with in-place cash flow The asset is being offered at a price below replacement cost for similarly outfitted facilities and a significant upside at lease expirations

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA 5

1025 JOELLIS WAYSACRAMENTOCALIFORNIA

ACTUAL PROFORMAAnnual Gross Revenue $2537215 $2879652Operating Expenses Property Taxes (est based on sale price) $268000 $268000 Insurance $15861 $15861 Utilities $2281100 $2281100 Repairs $2500000 $2500000 Security $29760000 $29760000 Management $3600000 $3600000 Landscaping $720000 $720000 Total Operating Expenses $672472 $672472

NET OPERATING INCOME $1864743 $2207180CAP RATE 950 1124

Purchase Price $19628875Deferred Rent Recapture $336055Adjusted Purchase Price $19964930

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA6

INVESTMENT HIGHLIGHTSbull The property is completely built out and improved

for cannabis related uses with top of the line improvements and systems

bull In place rents for the improved space are under market offering an upside in the investment at renewal

bull Tenant profiles consist of industry leaders in their respective space assuring uninterrupted cash flow

bull All leases are Triple Net (NNN) allowing for all property expenses to be passed through to tenants

bull The licensing or CUP on the property allows for some flexibility for future uses

bull The price of the property as it is currently improved is under replacement cost

bull Centrally located within the Sacramento region

PROPERTY FEATURESbull Total Building plusmn102224 SF

bull Lot Size plusmn588 acres

bull APN 277-0241-060

bull Zoning M-1 (City of Sacramento)

bull Opportunity Zone Yes

bull Construction Concrete Tilt-Up

bull Power 4800 amp 277480v 3-phase

bull Power Provider SMUD

bull Fire Alarm System 201500 Fire Pump Monitoring System owned

bull Roof Buillt-up Ply (ReplacedRenovated in 2019)

bull Parking 96 spaces

1st Year Annual Base Rent $1864743Asking Sale Price $19964930CAP Rate 95Included Deferred Rent Recapture of $336055

1025 JOELLIS WAYSACRAMENTOCALIFORNIA

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA 7

EQUIPMENTHIGHLIGHTS

FEATURES Dedicated Indoor Agricultural System or DIAS a complete system that utilizes standard air conditioning units to control temperature between 70degF to 85degF and ultra-sensitive dehumidfiiersSPECIFICATION 6-10 tons per HVAC unit multiple unitsMORE INFORMATION Click for more information

HVACSYSTEM

FEATURES Schaefer fixed mounted circulation fans are engineered to produce greater air movement at noise levels quieter than conversational voice MORE INFORMATION Click for more information

AIR FLOWSYSTEM

FEEDINGSYSTEM

FEATURES HE Andersen Feeding pneumatic feeding system coupled with redundant Dab variable speed pumps - an inline injection system capable of injecting nutrients and acid based on measurements from sensors The system settings and data are viewed and configured through any device with a web browser connected to the local area network Historical data of chemical levels and water flow can also be viewedSPECIFICATION Anderson Aqua Injection SystemMORE INFORMATION Click for more information

FEATURES Proprietary high capacity reverse osmosis water supply systemSPECIFICATION 1 HP liberty sump pumpMORE INFORMATION Click for more information

WATER DRAINAGE

SYSTEM

FEATURES Propietary CO2 delivery system with 750 gallon remote tanks per cultivation suite Code compliant CO2 alarm and detection system complete with strobes alarm and automatic shut-off exhaust evacuation and fresh air systemCO2

SYSTEM

FEATURES Top of the line fixtures with the ease of external control and three phase systems A professional grow light solutions this single ended fixture is capable of being remote controlled by the Gavita Master Controller with added safety features such as auto-dimming and a safety shutdownMORE INFORMATION Click for more information

LIGHTINGSYSTEM

FEATURES Each suite is equipped with fully integrated electronic control systems providing the end user with state of the art real time information and safety protocols and troubleshooting mechanisms to ensure maximum eficies and economies of scaleCONTROL

SYSTEM

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA4

EXECUTIVESUMMARY

Presenting a 100 leased and stabilized asset in the heart of Sacramentorsquos approved green zone 1025 Joellis Way

The subject property offers an excellent opportunity for an investor to acquire a fully improved plusmn102224 square foot industrial with in-place cash flow The asset is being offered at a price below replacement cost for similarly outfitted facilities and a significant upside at lease expirations

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA 5

1025 JOELLIS WAYSACRAMENTOCALIFORNIA

ACTUAL PROFORMAAnnual Gross Revenue $2537215 $2879652Operating Expenses Property Taxes (est based on sale price) $268000 $268000 Insurance $15861 $15861 Utilities $2281100 $2281100 Repairs $2500000 $2500000 Security $29760000 $29760000 Management $3600000 $3600000 Landscaping $720000 $720000 Total Operating Expenses $672472 $672472

NET OPERATING INCOME $1864743 $2207180CAP RATE 950 1124

Purchase Price $19628875Deferred Rent Recapture $336055Adjusted Purchase Price $19964930

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA6

INVESTMENT HIGHLIGHTSbull The property is completely built out and improved

for cannabis related uses with top of the line improvements and systems

bull In place rents for the improved space are under market offering an upside in the investment at renewal

bull Tenant profiles consist of industry leaders in their respective space assuring uninterrupted cash flow

bull All leases are Triple Net (NNN) allowing for all property expenses to be passed through to tenants

bull The licensing or CUP on the property allows for some flexibility for future uses

bull The price of the property as it is currently improved is under replacement cost

bull Centrally located within the Sacramento region

PROPERTY FEATURESbull Total Building plusmn102224 SF

bull Lot Size plusmn588 acres

bull APN 277-0241-060

bull Zoning M-1 (City of Sacramento)

bull Opportunity Zone Yes

bull Construction Concrete Tilt-Up

bull Power 4800 amp 277480v 3-phase

bull Power Provider SMUD

bull Fire Alarm System 201500 Fire Pump Monitoring System owned

bull Roof Buillt-up Ply (ReplacedRenovated in 2019)

bull Parking 96 spaces

1st Year Annual Base Rent $1864743Asking Sale Price $19964930CAP Rate 95Included Deferred Rent Recapture of $336055

1025 JOELLIS WAYSACRAMENTOCALIFORNIA

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA 7

EQUIPMENTHIGHLIGHTS

FEATURES Dedicated Indoor Agricultural System or DIAS a complete system that utilizes standard air conditioning units to control temperature between 70degF to 85degF and ultra-sensitive dehumidfiiersSPECIFICATION 6-10 tons per HVAC unit multiple unitsMORE INFORMATION Click for more information

HVACSYSTEM

FEATURES Schaefer fixed mounted circulation fans are engineered to produce greater air movement at noise levels quieter than conversational voice MORE INFORMATION Click for more information

AIR FLOWSYSTEM

FEEDINGSYSTEM

FEATURES HE Andersen Feeding pneumatic feeding system coupled with redundant Dab variable speed pumps - an inline injection system capable of injecting nutrients and acid based on measurements from sensors The system settings and data are viewed and configured through any device with a web browser connected to the local area network Historical data of chemical levels and water flow can also be viewedSPECIFICATION Anderson Aqua Injection SystemMORE INFORMATION Click for more information

FEATURES Proprietary high capacity reverse osmosis water supply systemSPECIFICATION 1 HP liberty sump pumpMORE INFORMATION Click for more information

WATER DRAINAGE

SYSTEM

FEATURES Propietary CO2 delivery system with 750 gallon remote tanks per cultivation suite Code compliant CO2 alarm and detection system complete with strobes alarm and automatic shut-off exhaust evacuation and fresh air systemCO2

SYSTEM

FEATURES Top of the line fixtures with the ease of external control and three phase systems A professional grow light solutions this single ended fixture is capable of being remote controlled by the Gavita Master Controller with added safety features such as auto-dimming and a safety shutdownMORE INFORMATION Click for more information

LIGHTINGSYSTEM

FEATURES Each suite is equipped with fully integrated electronic control systems providing the end user with state of the art real time information and safety protocols and troubleshooting mechanisms to ensure maximum eficies and economies of scaleCONTROL

SYSTEM

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA 5

1025 JOELLIS WAYSACRAMENTOCALIFORNIA

ACTUAL PROFORMAAnnual Gross Revenue $2537215 $2879652Operating Expenses Property Taxes (est based on sale price) $268000 $268000 Insurance $15861 $15861 Utilities $2281100 $2281100 Repairs $2500000 $2500000 Security $29760000 $29760000 Management $3600000 $3600000 Landscaping $720000 $720000 Total Operating Expenses $672472 $672472

NET OPERATING INCOME $1864743 $2207180CAP RATE 950 1124

Purchase Price $19628875Deferred Rent Recapture $336055Adjusted Purchase Price $19964930

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA6

INVESTMENT HIGHLIGHTSbull The property is completely built out and improved

for cannabis related uses with top of the line improvements and systems

bull In place rents for the improved space are under market offering an upside in the investment at renewal

bull Tenant profiles consist of industry leaders in their respective space assuring uninterrupted cash flow

bull All leases are Triple Net (NNN) allowing for all property expenses to be passed through to tenants

bull The licensing or CUP on the property allows for some flexibility for future uses

bull The price of the property as it is currently improved is under replacement cost

bull Centrally located within the Sacramento region

PROPERTY FEATURESbull Total Building plusmn102224 SF

bull Lot Size plusmn588 acres

bull APN 277-0241-060

bull Zoning M-1 (City of Sacramento)

bull Opportunity Zone Yes

bull Construction Concrete Tilt-Up

bull Power 4800 amp 277480v 3-phase

bull Power Provider SMUD

bull Fire Alarm System 201500 Fire Pump Monitoring System owned

bull Roof Buillt-up Ply (ReplacedRenovated in 2019)

bull Parking 96 spaces

1st Year Annual Base Rent $1864743Asking Sale Price $19964930CAP Rate 95Included Deferred Rent Recapture of $336055

1025 JOELLIS WAYSACRAMENTOCALIFORNIA

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA 7

EQUIPMENTHIGHLIGHTS

FEATURES Dedicated Indoor Agricultural System or DIAS a complete system that utilizes standard air conditioning units to control temperature between 70degF to 85degF and ultra-sensitive dehumidfiiersSPECIFICATION 6-10 tons per HVAC unit multiple unitsMORE INFORMATION Click for more information

HVACSYSTEM

FEATURES Schaefer fixed mounted circulation fans are engineered to produce greater air movement at noise levels quieter than conversational voice MORE INFORMATION Click for more information

AIR FLOWSYSTEM

FEEDINGSYSTEM

FEATURES HE Andersen Feeding pneumatic feeding system coupled with redundant Dab variable speed pumps - an inline injection system capable of injecting nutrients and acid based on measurements from sensors The system settings and data are viewed and configured through any device with a web browser connected to the local area network Historical data of chemical levels and water flow can also be viewedSPECIFICATION Anderson Aqua Injection SystemMORE INFORMATION Click for more information

FEATURES Proprietary high capacity reverse osmosis water supply systemSPECIFICATION 1 HP liberty sump pumpMORE INFORMATION Click for more information

WATER DRAINAGE

SYSTEM

FEATURES Propietary CO2 delivery system with 750 gallon remote tanks per cultivation suite Code compliant CO2 alarm and detection system complete with strobes alarm and automatic shut-off exhaust evacuation and fresh air systemCO2

SYSTEM

FEATURES Top of the line fixtures with the ease of external control and three phase systems A professional grow light solutions this single ended fixture is capable of being remote controlled by the Gavita Master Controller with added safety features such as auto-dimming and a safety shutdownMORE INFORMATION Click for more information

LIGHTINGSYSTEM

FEATURES Each suite is equipped with fully integrated electronic control systems providing the end user with state of the art real time information and safety protocols and troubleshooting mechanisms to ensure maximum eficies and economies of scaleCONTROL

SYSTEM

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA6

INVESTMENT HIGHLIGHTSbull The property is completely built out and improved

for cannabis related uses with top of the line improvements and systems

bull In place rents for the improved space are under market offering an upside in the investment at renewal

bull Tenant profiles consist of industry leaders in their respective space assuring uninterrupted cash flow

bull All leases are Triple Net (NNN) allowing for all property expenses to be passed through to tenants

bull The licensing or CUP on the property allows for some flexibility for future uses

bull The price of the property as it is currently improved is under replacement cost

bull Centrally located within the Sacramento region

PROPERTY FEATURESbull Total Building plusmn102224 SF

bull Lot Size plusmn588 acres

bull APN 277-0241-060

bull Zoning M-1 (City of Sacramento)

bull Opportunity Zone Yes

bull Construction Concrete Tilt-Up

bull Power 4800 amp 277480v 3-phase

bull Power Provider SMUD

bull Fire Alarm System 201500 Fire Pump Monitoring System owned

bull Roof Buillt-up Ply (ReplacedRenovated in 2019)

bull Parking 96 spaces

1st Year Annual Base Rent $1864743Asking Sale Price $19964930CAP Rate 95Included Deferred Rent Recapture of $336055

1025 JOELLIS WAYSACRAMENTOCALIFORNIA

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA 7

EQUIPMENTHIGHLIGHTS

FEATURES Dedicated Indoor Agricultural System or DIAS a complete system that utilizes standard air conditioning units to control temperature between 70degF to 85degF and ultra-sensitive dehumidfiiersSPECIFICATION 6-10 tons per HVAC unit multiple unitsMORE INFORMATION Click for more information

HVACSYSTEM

FEATURES Schaefer fixed mounted circulation fans are engineered to produce greater air movement at noise levels quieter than conversational voice MORE INFORMATION Click for more information

AIR FLOWSYSTEM

FEEDINGSYSTEM

FEATURES HE Andersen Feeding pneumatic feeding system coupled with redundant Dab variable speed pumps - an inline injection system capable of injecting nutrients and acid based on measurements from sensors The system settings and data are viewed and configured through any device with a web browser connected to the local area network Historical data of chemical levels and water flow can also be viewedSPECIFICATION Anderson Aqua Injection SystemMORE INFORMATION Click for more information

FEATURES Proprietary high capacity reverse osmosis water supply systemSPECIFICATION 1 HP liberty sump pumpMORE INFORMATION Click for more information

WATER DRAINAGE

SYSTEM

FEATURES Propietary CO2 delivery system with 750 gallon remote tanks per cultivation suite Code compliant CO2 alarm and detection system complete with strobes alarm and automatic shut-off exhaust evacuation and fresh air systemCO2

SYSTEM

FEATURES Top of the line fixtures with the ease of external control and three phase systems A professional grow light solutions this single ended fixture is capable of being remote controlled by the Gavita Master Controller with added safety features such as auto-dimming and a safety shutdownMORE INFORMATION Click for more information

LIGHTINGSYSTEM

FEATURES Each suite is equipped with fully integrated electronic control systems providing the end user with state of the art real time information and safety protocols and troubleshooting mechanisms to ensure maximum eficies and economies of scaleCONTROL

SYSTEM

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA 7

EQUIPMENTHIGHLIGHTS

FEATURES Dedicated Indoor Agricultural System or DIAS a complete system that utilizes standard air conditioning units to control temperature between 70degF to 85degF and ultra-sensitive dehumidfiiersSPECIFICATION 6-10 tons per HVAC unit multiple unitsMORE INFORMATION Click for more information

HVACSYSTEM

FEATURES Schaefer fixed mounted circulation fans are engineered to produce greater air movement at noise levels quieter than conversational voice MORE INFORMATION Click for more information

AIR FLOWSYSTEM

FEEDINGSYSTEM

FEATURES HE Andersen Feeding pneumatic feeding system coupled with redundant Dab variable speed pumps - an inline injection system capable of injecting nutrients and acid based on measurements from sensors The system settings and data are viewed and configured through any device with a web browser connected to the local area network Historical data of chemical levels and water flow can also be viewedSPECIFICATION Anderson Aqua Injection SystemMORE INFORMATION Click for more information

FEATURES Proprietary high capacity reverse osmosis water supply systemSPECIFICATION 1 HP liberty sump pumpMORE INFORMATION Click for more information

WATER DRAINAGE

SYSTEM

FEATURES Propietary CO2 delivery system with 750 gallon remote tanks per cultivation suite Code compliant CO2 alarm and detection system complete with strobes alarm and automatic shut-off exhaust evacuation and fresh air systemCO2

SYSTEM

FEATURES Top of the line fixtures with the ease of external control and three phase systems A professional grow light solutions this single ended fixture is capable of being remote controlled by the Gavita Master Controller with added safety features such as auto-dimming and a safety shutdownMORE INFORMATION Click for more information

LIGHTINGSYSTEM

FEATURES Each suite is equipped with fully integrated electronic control systems providing the end user with state of the art real time information and safety protocols and troubleshooting mechanisms to ensure maximum eficies and economies of scaleCONTROL

SYSTEM

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA8

1025 JOELLIS WAYSACRAMENTOCALIFORNIA

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA 9

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA10

1025 JOELLIS WAYSACRAMENTOCALIFORNIA

SITEPLAN

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA 11

SITE PLAN Suite 100Tenant TJT Joint VenturesSize plusmn25920 SF

Suite 200Tenant Fireworx FarmsSize plusmn25737 SF

Suite 300Tenant Sacramento Craft CollectiveSize plusmn25737 SF

Suite 700Tenant Metta DistributionSize plusmn4170 SF

Suite 500Tenant DELC LLCSize plusmn5402 SF

Suite 400 Tenant Xtracta DistributionSize plusmn5002 SF

Suite 250Tenant CL AromatherapySize plusmn3445 SF

Suite 150Tenant MWG HoldingsSize plusmn4080 SF

Suite 350Tenant Artisan Cannabis CigarsSize plusmn2548 SF Distribution Manufacturing OfficeCultivation

SITE PLAN

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA12

SACRAMENTOOVERVIEW

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA 13

Marconi Ave

Norw

ood

Ave

R ichards Blvd

Truxel Rd

Capital City Fwy

Howe

Ave

A lha

mbra B

lvdA lta Arden Expy

Expositio n Blvd

El Camino Ave

San Juan Rd

Rosev

il le Rd

Wat

t Av

e

F St

Sacramento Av e

N M arket Blvd

Arden Way

Broadway

Arden -G ar den Conn

Fair Oaks Blvd

N

12th St

5th

St9t

h St

21st

St3rd

St

StocktonBlvd

Grand Ave

Del Paso

Blvd

Bell Ave

Mary

svil l

eBlvd

I St

J StH St

L St

Q St

Garden Hwy

Folsom Blvd

Fulto

n Av

e

Azeve do

D r

Capital

CityFw

y

Auburn B

lvd

Northg

ate

Blvd

R iversi

de B

lvd

Rio

Lind

a Bl

vd

SACRAMENTO

50

50

50

80

BUS80

5

5

5

160

AMERICArsquoS

FARM-TO-FORKCAPITAL

36UNEMPLOYMENT RATE

4 MAJORHIGHWAYS

FASTESTGROWING BIG CITY IN CALIFORNIA

55EXPECTED JOB GROWTH

DURING 2017 TO 2022

STATE CAPITALOF THE LARGEST

ECONOMY IN THE WORLD5th

109 MillionANNUAL PASSENGERS THROUGH

Sacramento International Airport

+200 DaysOF EVENTS PER YEAR

+3200 AcresOF PARKS

Stockton 49 milesSan Francisco 87 milesLake Tahoe 118 miles

San Jose 120 milesLos Angeles 386 miles

Portland 580 milesReno 135 miles

DISTANCE FROM SACRAMENTO

+30 GOLF COURSES

Source dotcagov cityofsacramentoorg

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA14

Sacramento is a prime location and compelling choice for businesses Its geography qualified workforce lower cost of living access to government and education quality of life amenities and culture are all key ingredients that make Sacramento the place to be Sacramento is not only Californiarsquos state capital it is a growing metropolitan region and the largest city in a six county region serving a population of +500000 in the city and over 23 million people in the region Continued public and private investment is evident in many of the Cityrsquos commercial corridors and opportunity sites Source cityofsacramentoorg

LARGEST EMPLOYERSSource Sacramento Business Journal

plusmn10500 employees plusmn6200 employees plusmn6000 employees

plusmn9800 employees plusmn3300 employees plusmn5600 employees plusmn2500 employees

Appleplusmn2500 employees

PARTIAL LIST OF

Sacramento is a prime location and compelling choice for businesses Its geography qualified workforce lower cost of living access to government and education quality of life amenities and culture are all key ingredients that make Sacramento the place to be Sacramento is not only Californiarsquos state capital it is a growing metropolitan region and the largest city in a six county region serving a population of +500000 in the city and over 23 million people in the region Continued public and private investment is evident in many of the Cityrsquos commercial corridors and opportunity sites Source cityofsacramentoorg

LARGEST EMPLOYERSSource Sacramento Business Journal

plusmn10500 employees plusmn6200 employees plusmn6000 employees

plusmn9800 employees plusmn3300 employees plusmn5600 employees plusmn2500 employees

Appleplusmn2500 employees

PARTIAL LIST OF

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA 15

TOTAL POPULATION23 Million

Median Houshold Income

$69782134 higher than the rest of the US

Median Age372

Median Home Price$327200

23 increase year-over-year

Median Rent$1404Source rentcafecom esri zillowcom

SACRAMENTOCANNABIS NEWS

DEM

OG

RAPH

ICS

ldquoThe Shryne Group large LA-based cannabis company has big plans for Sacramentordquo read more

ldquoUC Davis launching new center to research cannabisrdquo read more

ldquoState-sponsored cannabis job fair draws hundreds in Sacramentordquo read more

ldquoCalifornia cannabis banking bill moves closer to governorrsquos deskrdquo read more

ldquoMusicians Comedians join cannabis celebration in Sacramento at Cal Expordquo read more

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA 9

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA10

1025 JOELLIS WAYSACRAMENTOCALIFORNIA

SITEPLAN

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA 11

SITE PLAN Suite 100Tenant TJT Joint VenturesSize plusmn25920 SF

Suite 200Tenant Fireworx FarmsSize plusmn25737 SF

Suite 300Tenant Sacramento Craft CollectiveSize plusmn25737 SF

Suite 700Tenant Metta DistributionSize plusmn4170 SF

Suite 500Tenant DELC LLCSize plusmn5402 SF

Suite 400 Tenant Xtracta DistributionSize plusmn5002 SF

Suite 250Tenant CL AromatherapySize plusmn3445 SF

Suite 150Tenant MWG HoldingsSize plusmn4080 SF

Suite 350Tenant Artisan Cannabis CigarsSize plusmn2548 SF Distribution Manufacturing OfficeCultivation

SITE PLAN

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA12

SACRAMENTOOVERVIEW

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA 13

Marconi Ave

Norw

ood

Ave

R ichards Blvd

Truxel Rd

Capital City Fwy

Howe

Ave

A lha

mbra B

lvdA lta Arden Expy

Expositio n Blvd

El Camino Ave

San Juan Rd

Rosev

il le Rd

Wat

t Av

e

F St

Sacramento Av e

N M arket Blvd

Arden Way

Broadway

Arden -G ar den Conn

Fair Oaks Blvd

N

12th St

5th

St9t

h St

21st

St3rd

St

StocktonBlvd

Grand Ave

Del Paso

Blvd

Bell Ave

Mary

svil l

eBlvd

I St

J StH St

L St

Q St

Garden Hwy

Folsom Blvd

Fulto

n Av

e

Azeve do

D r

Capital

CityFw

y

Auburn B

lvd

Northg

ate

Blvd

R iversi

de B

lvd

Rio

Lind

a Bl

vd

SACRAMENTO

50

50

50

80

BUS80

5

5

5

160

AMERICArsquoS

FARM-TO-FORKCAPITAL

36UNEMPLOYMENT RATE

4 MAJORHIGHWAYS

FASTESTGROWING BIG CITY IN CALIFORNIA

55EXPECTED JOB GROWTH

DURING 2017 TO 2022

STATE CAPITALOF THE LARGEST

ECONOMY IN THE WORLD5th

109 MillionANNUAL PASSENGERS THROUGH

Sacramento International Airport

+200 DaysOF EVENTS PER YEAR

+3200 AcresOF PARKS

Stockton 49 milesSan Francisco 87 milesLake Tahoe 118 miles

San Jose 120 milesLos Angeles 386 miles

Portland 580 milesReno 135 miles

DISTANCE FROM SACRAMENTO

+30 GOLF COURSES

Source dotcagov cityofsacramentoorg

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA14

Sacramento is a prime location and compelling choice for businesses Its geography qualified workforce lower cost of living access to government and education quality of life amenities and culture are all key ingredients that make Sacramento the place to be Sacramento is not only Californiarsquos state capital it is a growing metropolitan region and the largest city in a six county region serving a population of +500000 in the city and over 23 million people in the region Continued public and private investment is evident in many of the Cityrsquos commercial corridors and opportunity sites Source cityofsacramentoorg

LARGEST EMPLOYERSSource Sacramento Business Journal

plusmn10500 employees plusmn6200 employees plusmn6000 employees

plusmn9800 employees plusmn3300 employees plusmn5600 employees plusmn2500 employees

Appleplusmn2500 employees

PARTIAL LIST OF

Sacramento is a prime location and compelling choice for businesses Its geography qualified workforce lower cost of living access to government and education quality of life amenities and culture are all key ingredients that make Sacramento the place to be Sacramento is not only Californiarsquos state capital it is a growing metropolitan region and the largest city in a six county region serving a population of +500000 in the city and over 23 million people in the region Continued public and private investment is evident in many of the Cityrsquos commercial corridors and opportunity sites Source cityofsacramentoorg

LARGEST EMPLOYERSSource Sacramento Business Journal

plusmn10500 employees plusmn6200 employees plusmn6000 employees

plusmn9800 employees plusmn3300 employees plusmn5600 employees plusmn2500 employees

Appleplusmn2500 employees

PARTIAL LIST OF

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA 15

TOTAL POPULATION23 Million

Median Houshold Income

$69782134 higher than the rest of the US

Median Age372

Median Home Price$327200

23 increase year-over-year

Median Rent$1404Source rentcafecom esri zillowcom

SACRAMENTOCANNABIS NEWS

DEM

OG

RAPH

ICS

ldquoThe Shryne Group large LA-based cannabis company has big plans for Sacramentordquo read more

ldquoUC Davis launching new center to research cannabisrdquo read more

ldquoState-sponsored cannabis job fair draws hundreds in Sacramentordquo read more

ldquoCalifornia cannabis banking bill moves closer to governorrsquos deskrdquo read more

ldquoMusicians Comedians join cannabis celebration in Sacramento at Cal Expordquo read more

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA10

1025 JOELLIS WAYSACRAMENTOCALIFORNIA

SITEPLAN

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA 11

SITE PLAN Suite 100Tenant TJT Joint VenturesSize plusmn25920 SF

Suite 200Tenant Fireworx FarmsSize plusmn25737 SF

Suite 300Tenant Sacramento Craft CollectiveSize plusmn25737 SF

Suite 700Tenant Metta DistributionSize plusmn4170 SF

Suite 500Tenant DELC LLCSize plusmn5402 SF

Suite 400 Tenant Xtracta DistributionSize plusmn5002 SF

Suite 250Tenant CL AromatherapySize plusmn3445 SF

Suite 150Tenant MWG HoldingsSize plusmn4080 SF

Suite 350Tenant Artisan Cannabis CigarsSize plusmn2548 SF Distribution Manufacturing OfficeCultivation

SITE PLAN

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA12

SACRAMENTOOVERVIEW

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA 13

Marconi Ave

Norw

ood

Ave

R ichards Blvd

Truxel Rd

Capital City Fwy

Howe

Ave

A lha

mbra B

lvdA lta Arden Expy

Expositio n Blvd

El Camino Ave

San Juan Rd

Rosev

il le Rd

Wat

t Av

e

F St

Sacramento Av e

N M arket Blvd

Arden Way

Broadway

Arden -G ar den Conn

Fair Oaks Blvd

N

12th St

5th

St9t

h St

21st

St3rd

St

StocktonBlvd

Grand Ave

Del Paso

Blvd

Bell Ave

Mary

svil l

eBlvd

I St

J StH St

L St

Q St

Garden Hwy

Folsom Blvd

Fulto

n Av

e

Azeve do

D r

Capital

CityFw

y

Auburn B

lvd

Northg

ate

Blvd

R iversi

de B

lvd

Rio

Lind

a Bl

vd

SACRAMENTO

50

50

50

80

BUS80

5

5

5

160

AMERICArsquoS

FARM-TO-FORKCAPITAL

36UNEMPLOYMENT RATE

4 MAJORHIGHWAYS

FASTESTGROWING BIG CITY IN CALIFORNIA

55EXPECTED JOB GROWTH

DURING 2017 TO 2022

STATE CAPITALOF THE LARGEST

ECONOMY IN THE WORLD5th

109 MillionANNUAL PASSENGERS THROUGH

Sacramento International Airport

+200 DaysOF EVENTS PER YEAR

+3200 AcresOF PARKS

Stockton 49 milesSan Francisco 87 milesLake Tahoe 118 miles

San Jose 120 milesLos Angeles 386 miles

Portland 580 milesReno 135 miles

DISTANCE FROM SACRAMENTO

+30 GOLF COURSES

Source dotcagov cityofsacramentoorg

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA14

Sacramento is a prime location and compelling choice for businesses Its geography qualified workforce lower cost of living access to government and education quality of life amenities and culture are all key ingredients that make Sacramento the place to be Sacramento is not only Californiarsquos state capital it is a growing metropolitan region and the largest city in a six county region serving a population of +500000 in the city and over 23 million people in the region Continued public and private investment is evident in many of the Cityrsquos commercial corridors and opportunity sites Source cityofsacramentoorg

LARGEST EMPLOYERSSource Sacramento Business Journal

plusmn10500 employees plusmn6200 employees plusmn6000 employees

plusmn9800 employees plusmn3300 employees plusmn5600 employees plusmn2500 employees

Appleplusmn2500 employees

PARTIAL LIST OF

Sacramento is a prime location and compelling choice for businesses Its geography qualified workforce lower cost of living access to government and education quality of life amenities and culture are all key ingredients that make Sacramento the place to be Sacramento is not only Californiarsquos state capital it is a growing metropolitan region and the largest city in a six county region serving a population of +500000 in the city and over 23 million people in the region Continued public and private investment is evident in many of the Cityrsquos commercial corridors and opportunity sites Source cityofsacramentoorg

LARGEST EMPLOYERSSource Sacramento Business Journal

plusmn10500 employees plusmn6200 employees plusmn6000 employees

plusmn9800 employees plusmn3300 employees plusmn5600 employees plusmn2500 employees

Appleplusmn2500 employees

PARTIAL LIST OF

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA 15

TOTAL POPULATION23 Million

Median Houshold Income

$69782134 higher than the rest of the US

Median Age372

Median Home Price$327200

23 increase year-over-year

Median Rent$1404Source rentcafecom esri zillowcom

SACRAMENTOCANNABIS NEWS

DEM

OG

RAPH

ICS

ldquoThe Shryne Group large LA-based cannabis company has big plans for Sacramentordquo read more

ldquoUC Davis launching new center to research cannabisrdquo read more

ldquoState-sponsored cannabis job fair draws hundreds in Sacramentordquo read more

ldquoCalifornia cannabis banking bill moves closer to governorrsquos deskrdquo read more

ldquoMusicians Comedians join cannabis celebration in Sacramento at Cal Expordquo read more

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA 11

SITE PLAN Suite 100Tenant TJT Joint VenturesSize plusmn25920 SF

Suite 200Tenant Fireworx FarmsSize plusmn25737 SF

Suite 300Tenant Sacramento Craft CollectiveSize plusmn25737 SF

Suite 700Tenant Metta DistributionSize plusmn4170 SF

Suite 500Tenant DELC LLCSize plusmn5402 SF

Suite 400 Tenant Xtracta DistributionSize plusmn5002 SF

Suite 250Tenant CL AromatherapySize plusmn3445 SF

Suite 150Tenant MWG HoldingsSize plusmn4080 SF

Suite 350Tenant Artisan Cannabis CigarsSize plusmn2548 SF Distribution Manufacturing OfficeCultivation

SITE PLAN

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA12

SACRAMENTOOVERVIEW

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA 13

Marconi Ave

Norw

ood

Ave

R ichards Blvd

Truxel Rd

Capital City Fwy

Howe

Ave

A lha

mbra B

lvdA lta Arden Expy

Expositio n Blvd

El Camino Ave

San Juan Rd

Rosev

il le Rd

Wat

t Av

e

F St

Sacramento Av e

N M arket Blvd

Arden Way

Broadway

Arden -G ar den Conn

Fair Oaks Blvd

N

12th St

5th

St9t

h St

21st

St3rd

St

StocktonBlvd

Grand Ave

Del Paso

Blvd

Bell Ave

Mary

svil l

eBlvd

I St

J StH St

L St

Q St

Garden Hwy

Folsom Blvd

Fulto

n Av

e

Azeve do

D r

Capital

CityFw

y

Auburn B

lvd

Northg

ate

Blvd

R iversi

de B

lvd

Rio

Lind

a Bl

vd

SACRAMENTO

50

50

50

80

BUS80

5

5

5

160

AMERICArsquoS

FARM-TO-FORKCAPITAL

36UNEMPLOYMENT RATE

4 MAJORHIGHWAYS

FASTESTGROWING BIG CITY IN CALIFORNIA

55EXPECTED JOB GROWTH

DURING 2017 TO 2022

STATE CAPITALOF THE LARGEST

ECONOMY IN THE WORLD5th

109 MillionANNUAL PASSENGERS THROUGH

Sacramento International Airport

+200 DaysOF EVENTS PER YEAR

+3200 AcresOF PARKS

Stockton 49 milesSan Francisco 87 milesLake Tahoe 118 miles

San Jose 120 milesLos Angeles 386 miles

Portland 580 milesReno 135 miles

DISTANCE FROM SACRAMENTO

+30 GOLF COURSES

Source dotcagov cityofsacramentoorg

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA14

Sacramento is a prime location and compelling choice for businesses Its geography qualified workforce lower cost of living access to government and education quality of life amenities and culture are all key ingredients that make Sacramento the place to be Sacramento is not only Californiarsquos state capital it is a growing metropolitan region and the largest city in a six county region serving a population of +500000 in the city and over 23 million people in the region Continued public and private investment is evident in many of the Cityrsquos commercial corridors and opportunity sites Source cityofsacramentoorg

LARGEST EMPLOYERSSource Sacramento Business Journal

plusmn10500 employees plusmn6200 employees plusmn6000 employees

plusmn9800 employees plusmn3300 employees plusmn5600 employees plusmn2500 employees

Appleplusmn2500 employees

PARTIAL LIST OF

Sacramento is a prime location and compelling choice for businesses Its geography qualified workforce lower cost of living access to government and education quality of life amenities and culture are all key ingredients that make Sacramento the place to be Sacramento is not only Californiarsquos state capital it is a growing metropolitan region and the largest city in a six county region serving a population of +500000 in the city and over 23 million people in the region Continued public and private investment is evident in many of the Cityrsquos commercial corridors and opportunity sites Source cityofsacramentoorg

LARGEST EMPLOYERSSource Sacramento Business Journal

plusmn10500 employees plusmn6200 employees plusmn6000 employees

plusmn9800 employees plusmn3300 employees plusmn5600 employees plusmn2500 employees

Appleplusmn2500 employees

PARTIAL LIST OF

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA 15

TOTAL POPULATION23 Million

Median Houshold Income

$69782134 higher than the rest of the US

Median Age372

Median Home Price$327200

23 increase year-over-year

Median Rent$1404Source rentcafecom esri zillowcom

SACRAMENTOCANNABIS NEWS

DEM

OG

RAPH

ICS

ldquoThe Shryne Group large LA-based cannabis company has big plans for Sacramentordquo read more

ldquoUC Davis launching new center to research cannabisrdquo read more

ldquoState-sponsored cannabis job fair draws hundreds in Sacramentordquo read more

ldquoCalifornia cannabis banking bill moves closer to governorrsquos deskrdquo read more

ldquoMusicians Comedians join cannabis celebration in Sacramento at Cal Expordquo read more

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA12

SACRAMENTOOVERVIEW

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA 13

Marconi Ave

Norw

ood

Ave

R ichards Blvd

Truxel Rd

Capital City Fwy

Howe

Ave

A lha

mbra B

lvdA lta Arden Expy

Expositio n Blvd

El Camino Ave

San Juan Rd

Rosev

il le Rd

Wat

t Av

e

F St

Sacramento Av e

N M arket Blvd

Arden Way

Broadway

Arden -G ar den Conn

Fair Oaks Blvd

N

12th St

5th

St9t

h St

21st

St3rd

St

StocktonBlvd

Grand Ave

Del Paso

Blvd

Bell Ave

Mary

svil l

eBlvd

I St

J StH St

L St

Q St

Garden Hwy

Folsom Blvd

Fulto

n Av

e

Azeve do

D r

Capital

CityFw

y

Auburn B

lvd

Northg

ate

Blvd

R iversi

de B

lvd

Rio

Lind

a Bl

vd

SACRAMENTO

50

50

50

80

BUS80

5

5

5

160

AMERICArsquoS

FARM-TO-FORKCAPITAL

36UNEMPLOYMENT RATE

4 MAJORHIGHWAYS

FASTESTGROWING BIG CITY IN CALIFORNIA

55EXPECTED JOB GROWTH

DURING 2017 TO 2022

STATE CAPITALOF THE LARGEST

ECONOMY IN THE WORLD5th

109 MillionANNUAL PASSENGERS THROUGH

Sacramento International Airport

+200 DaysOF EVENTS PER YEAR

+3200 AcresOF PARKS

Stockton 49 milesSan Francisco 87 milesLake Tahoe 118 miles

San Jose 120 milesLos Angeles 386 miles

Portland 580 milesReno 135 miles

DISTANCE FROM SACRAMENTO

+30 GOLF COURSES

Source dotcagov cityofsacramentoorg

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA14

Sacramento is a prime location and compelling choice for businesses Its geography qualified workforce lower cost of living access to government and education quality of life amenities and culture are all key ingredients that make Sacramento the place to be Sacramento is not only Californiarsquos state capital it is a growing metropolitan region and the largest city in a six county region serving a population of +500000 in the city and over 23 million people in the region Continued public and private investment is evident in many of the Cityrsquos commercial corridors and opportunity sites Source cityofsacramentoorg

LARGEST EMPLOYERSSource Sacramento Business Journal

plusmn10500 employees plusmn6200 employees plusmn6000 employees

plusmn9800 employees plusmn3300 employees plusmn5600 employees plusmn2500 employees

Appleplusmn2500 employees

PARTIAL LIST OF

Sacramento is a prime location and compelling choice for businesses Its geography qualified workforce lower cost of living access to government and education quality of life amenities and culture are all key ingredients that make Sacramento the place to be Sacramento is not only Californiarsquos state capital it is a growing metropolitan region and the largest city in a six county region serving a population of +500000 in the city and over 23 million people in the region Continued public and private investment is evident in many of the Cityrsquos commercial corridors and opportunity sites Source cityofsacramentoorg

LARGEST EMPLOYERSSource Sacramento Business Journal

plusmn10500 employees plusmn6200 employees plusmn6000 employees

plusmn9800 employees plusmn3300 employees plusmn5600 employees plusmn2500 employees

Appleplusmn2500 employees

PARTIAL LIST OF

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA 15

TOTAL POPULATION23 Million

Median Houshold Income

$69782134 higher than the rest of the US

Median Age372

Median Home Price$327200

23 increase year-over-year

Median Rent$1404Source rentcafecom esri zillowcom

SACRAMENTOCANNABIS NEWS

DEM

OG

RAPH

ICS

ldquoThe Shryne Group large LA-based cannabis company has big plans for Sacramentordquo read more

ldquoUC Davis launching new center to research cannabisrdquo read more

ldquoState-sponsored cannabis job fair draws hundreds in Sacramentordquo read more

ldquoCalifornia cannabis banking bill moves closer to governorrsquos deskrdquo read more

ldquoMusicians Comedians join cannabis celebration in Sacramento at Cal Expordquo read more

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA 13

Marconi Ave

Norw

ood

Ave

R ichards Blvd

Truxel Rd

Capital City Fwy

Howe

Ave

A lha

mbra B

lvdA lta Arden Expy

Expositio n Blvd

El Camino Ave

San Juan Rd

Rosev

il le Rd

Wat

t Av

e

F St

Sacramento Av e

N M arket Blvd

Arden Way

Broadway

Arden -G ar den Conn

Fair Oaks Blvd

N

12th St

5th

St9t

h St

21st

St3rd

St

StocktonBlvd

Grand Ave

Del Paso

Blvd

Bell Ave

Mary

svil l

eBlvd

I St

J StH St

L St

Q St

Garden Hwy

Folsom Blvd

Fulto

n Av

e

Azeve do

D r

Capital

CityFw

y

Auburn B

lvd

Northg

ate

Blvd

R iversi

de B

lvd

Rio

Lind

a Bl

vd

SACRAMENTO

50

50

50

80

BUS80

5

5

5

160

AMERICArsquoS

FARM-TO-FORKCAPITAL

36UNEMPLOYMENT RATE

4 MAJORHIGHWAYS

FASTESTGROWING BIG CITY IN CALIFORNIA

55EXPECTED JOB GROWTH

DURING 2017 TO 2022

STATE CAPITALOF THE LARGEST

ECONOMY IN THE WORLD5th

109 MillionANNUAL PASSENGERS THROUGH

Sacramento International Airport

+200 DaysOF EVENTS PER YEAR

+3200 AcresOF PARKS

Stockton 49 milesSan Francisco 87 milesLake Tahoe 118 miles

San Jose 120 milesLos Angeles 386 miles

Portland 580 milesReno 135 miles

DISTANCE FROM SACRAMENTO

+30 GOLF COURSES

Source dotcagov cityofsacramentoorg

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA14

Sacramento is a prime location and compelling choice for businesses Its geography qualified workforce lower cost of living access to government and education quality of life amenities and culture are all key ingredients that make Sacramento the place to be Sacramento is not only Californiarsquos state capital it is a growing metropolitan region and the largest city in a six county region serving a population of +500000 in the city and over 23 million people in the region Continued public and private investment is evident in many of the Cityrsquos commercial corridors and opportunity sites Source cityofsacramentoorg

LARGEST EMPLOYERSSource Sacramento Business Journal

plusmn10500 employees plusmn6200 employees plusmn6000 employees

plusmn9800 employees plusmn3300 employees plusmn5600 employees plusmn2500 employees

Appleplusmn2500 employees

PARTIAL LIST OF

Sacramento is a prime location and compelling choice for businesses Its geography qualified workforce lower cost of living access to government and education quality of life amenities and culture are all key ingredients that make Sacramento the place to be Sacramento is not only Californiarsquos state capital it is a growing metropolitan region and the largest city in a six county region serving a population of +500000 in the city and over 23 million people in the region Continued public and private investment is evident in many of the Cityrsquos commercial corridors and opportunity sites Source cityofsacramentoorg

LARGEST EMPLOYERSSource Sacramento Business Journal

plusmn10500 employees plusmn6200 employees plusmn6000 employees

plusmn9800 employees plusmn3300 employees plusmn5600 employees plusmn2500 employees

Appleplusmn2500 employees

PARTIAL LIST OF

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA 15

TOTAL POPULATION23 Million

Median Houshold Income

$69782134 higher than the rest of the US

Median Age372

Median Home Price$327200

23 increase year-over-year

Median Rent$1404Source rentcafecom esri zillowcom

SACRAMENTOCANNABIS NEWS

DEM

OG

RAPH

ICS

ldquoThe Shryne Group large LA-based cannabis company has big plans for Sacramentordquo read more

ldquoUC Davis launching new center to research cannabisrdquo read more

ldquoState-sponsored cannabis job fair draws hundreds in Sacramentordquo read more

ldquoCalifornia cannabis banking bill moves closer to governorrsquos deskrdquo read more

ldquoMusicians Comedians join cannabis celebration in Sacramento at Cal Expordquo read more

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA14

Sacramento is a prime location and compelling choice for businesses Its geography qualified workforce lower cost of living access to government and education quality of life amenities and culture are all key ingredients that make Sacramento the place to be Sacramento is not only Californiarsquos state capital it is a growing metropolitan region and the largest city in a six county region serving a population of +500000 in the city and over 23 million people in the region Continued public and private investment is evident in many of the Cityrsquos commercial corridors and opportunity sites Source cityofsacramentoorg

LARGEST EMPLOYERSSource Sacramento Business Journal

plusmn10500 employees plusmn6200 employees plusmn6000 employees

plusmn9800 employees plusmn3300 employees plusmn5600 employees plusmn2500 employees

Appleplusmn2500 employees

PARTIAL LIST OF

Sacramento is a prime location and compelling choice for businesses Its geography qualified workforce lower cost of living access to government and education quality of life amenities and culture are all key ingredients that make Sacramento the place to be Sacramento is not only Californiarsquos state capital it is a growing metropolitan region and the largest city in a six county region serving a population of +500000 in the city and over 23 million people in the region Continued public and private investment is evident in many of the Cityrsquos commercial corridors and opportunity sites Source cityofsacramentoorg

LARGEST EMPLOYERSSource Sacramento Business Journal

plusmn10500 employees plusmn6200 employees plusmn6000 employees

plusmn9800 employees plusmn3300 employees plusmn5600 employees plusmn2500 employees

Appleplusmn2500 employees

PARTIAL LIST OF

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA 15

TOTAL POPULATION23 Million

Median Houshold Income

$69782134 higher than the rest of the US

Median Age372

Median Home Price$327200

23 increase year-over-year

Median Rent$1404Source rentcafecom esri zillowcom

SACRAMENTOCANNABIS NEWS

DEM

OG

RAPH

ICS

ldquoThe Shryne Group large LA-based cannabis company has big plans for Sacramentordquo read more

ldquoUC Davis launching new center to research cannabisrdquo read more

ldquoState-sponsored cannabis job fair draws hundreds in Sacramentordquo read more

ldquoCalifornia cannabis banking bill moves closer to governorrsquos deskrdquo read more

ldquoMusicians Comedians join cannabis celebration in Sacramento at Cal Expordquo read more

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA 15

TOTAL POPULATION23 Million

Median Houshold Income

$69782134 higher than the rest of the US

Median Age372

Median Home Price$327200

23 increase year-over-year

Median Rent$1404Source rentcafecom esri zillowcom

SACRAMENTOCANNABIS NEWS

DEM

OG

RAPH

ICS

ldquoThe Shryne Group large LA-based cannabis company has big plans for Sacramentordquo read more

ldquoUC Davis launching new center to research cannabisrdquo read more

ldquoState-sponsored cannabis job fair draws hundreds in Sacramentordquo read more

ldquoCalifornia cannabis banking bill moves closer to governorrsquos deskrdquo read more

ldquoMusicians Comedians join cannabis celebration in Sacramento at Cal Expordquo read more

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA16

1025 JOELLIS WAYSACRAMENTOCALIFORNIA

FINANCIALSUMMARY

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA 17

The following information will be made available upon owner receiving an executed version of Confidentiality and Non-disclosure Agreement from prospective investor andor broker

bull CASH FLOWbull RENT ROLLbull LEASE ABSTRACTbull TENANTrsquoS PROFILES

Download Confidentiality and Non-Disclosure Agreement

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA 17

The following information will be made available upon owner receiving an executed version of Confidentiality and Non-disclosure Agreement from prospective investor andor broker

bull CASH FLOWbull RENT ROLLbull LEASE ABSTRACTbull TENANTrsquoS PROFILES

Download Confidentiality and Non-Disclosure Agreement

OFFERING MEMORANDUM | 1025 JOELLIS WAY SACRAMENTO CA18

1025 JOELLIS WAYSACRAMENTOCALIFORNIAplusmn 1 0 2 2 2 4 S F C A N N A B I S P R O D U C T I O N F A C I L I T Y