IPower Inc. Secures Lucrative Sublease Agreement

New rental income stream worth over $2.6 million through 2028

Apr. 17, 2026 at 2:06pm

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A photorealistic studio still life featuring a stack of business documents, a pen, and a calculator arranged on a clean, monochromatic background, conceptually representing the abstract financial and strategic decisions behind IPower's sublease agreement.A carefully curated still life captures the strategic financial decisions behind IPower's latest real estate deal.Rancho Cucamonga Today

IPower Inc. has entered into a sublease agreement for a portion of its facility in Rancho Cucamonga, California, creating a new stream of contracted, non-dilutive rental income over a 25-month term. The sublease will generate base rental income starting at approximately $62,500 per month, increasing to over $106,000 per month within the first three months and reaching around $112,700 per month by the final stage of the lease.

Why it matters

This sublease agreement strengthens IPower's cash flow visibility, reduces a fixed cost burden, and demonstrates the company's ability to actively monetize its existing infrastructure without any additional capital investment. The recurring rental income stream provides a stable, non-dilutive source of funding to support IPower's ongoing operations and growth initiatives.

The details

The subleased premises comprise approximately 85,000 square feet and will be occupied by a third-party logistics operator. The sublease term commenced on May 1, 2026 and extends through May 31, 2028. Landlord consent for the sublease has been fully obtained.

  • The sublease term commenced on May 1, 2026.
  • The sublease agreement extends through May 31, 2028.

The players

IPower Inc.

A technology company that provides power management solutions and services.

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What’s next

IPower Inc. plans to use the additional rental income to support its ongoing operations and growth initiatives, further strengthening the company's financial position.

The takeaway

This sublease agreement demonstrates IPower's ability to effectively manage its real estate assets and generate non-dilutive sources of funding, which can be crucial for technology companies seeking to maintain a strong financial footing and pursue strategic growth opportunities.