Landlords: Turn Unused Rooftop or Parking Space into Contracted Income
No capital required. No operational responsibility.
Long-term net operating income (NOI) from Day 1.
Luminia, in partnership with Clean Energy Alliance (CEA), helps commercial property owners unlock energy savings and lease income through the Solar Plus Business program. Luminia leases a portion of your rooftop or parking area and installs, owns, and operates solar and battery storage with no upfront capital investment. In return, you receive contracted lease income for 25 years, creating a new revenue stream from underutilized property assets. Qualified buildings must have a roof that is 10 years old or newer.
Asset Value & Investment Analysis Example
~60,000 sq. ft. industrial property, 60% of site electricity supplied. Actual results may vary.
For a ~60,000 sq. ft. property, at the current San Diego industrial market cap rate of 6.00%, $34,000 in new annual lease income adds approximately $500k in asset value with zero capital deployed. For buyers underwriting the contracted 25-year income stream with 2% annual escalators, cap rate compression to 5.25% pushes that figure to $600k+.
Annual NOI Impact
500 kW System · ~60k sq. ft. Roof 25 Year Lease
$0 upfront capital required
Luminia finances, installs & operates
Asset Value at Sale
$3M Base Property · Cap Rate Scenarios
$1.09M contracted NOI over 25 years
From hosting the solar system · 2% annual escalator
$3M base + capitalized $34K lease income at each cap rate. CBRE/CoStar Q1 2025. Estimates for illustration.
Why Sophisticated Buyers Pay a Premium for Your Asset
Contracted Income Profile
The 25-year lease with 2% annual escalators mirrors NNN lease language—the structure institutional buyers pay a premium for. Contracted, predictable income reduces underwriting risk and supports lower cap rates at exit.
Utility Cost Risk Elimination
Since 2018, commercial energy rates have increased around 8% annually in our region. Locking tenants into 1% annual escalators materially reduces operating cost volatility—a legitimate underwriting argument to any sophisticated buyer.
What You Get as Property Owner
- Contracted lease income from Day 1 with 2% annual escalators (25 or 10-year term)
- No upfront cost, no credit qualification, no financial collateral required
- Zero operational responsibility — Luminia handles everything
- Stronger lease appeal and tenant retention through stable energy costs
- Incremental NOI that flows directly to asset value at sale
How It Works
You lease rooftop or parking space to Luminia — executed for a 25 or 10-year term.
Luminia finances, permits, installs, and operates the system.
Tenant opts in to Solar Plus Business through the local utility provider to receive energy savings and a predictable rate.
You receive contracted lease payments throughout the term.
Have a Tenant?
Your tenants benefit from more predictable energy rates and energy savings. As utility costs continue to fluctuate, budgeting for energy becomes increasingly difficult. Solar Plus Business helps remove uncertainty by limiting annual rate increases to just 1%, on a portion of the electricity bill.
Get a Free Site Assessment for Your Property
Find out exactly what your rooftop or parking lot qualifies for — lease income, asset value uplift, and tenant savings — in a free, no-obligation analysis.