Generation Income Properties (GIPR) Registration filing summary

Company overview and business model

• Internally managed REIT focused on acquiring and managing income-producing retail, office, and industrial properties net leased to high-quality tenants in major U.S. markets.

• Portfolio as of March 31, 2026: 24 properties, 467,995 rentable square feet, 100% leased, with 70% of annualized base rent from retail and 30% from office.

• Emphasis on single-tenant net lease properties, targeting creditworthy tenants and properties with strategic advantages for tenants.

• Growth strategy has included UPREIT transactions, stock-based consideration, and joint ventures, with a near-term focus on deleveraging through property sales.

• REIT status since 2021, with compliance to federal tax requirements and a focus on maintaining qualification.

Financial performance and metrics

• As of March 31, 2026: 81.5% of annualized base rent from tenants with credit ratings, 59% from investment grade tenants.

• Portfolio is 100% leased with a weighted-average remaining lease term of 4.17 years and average effective annual rent of $16.03 per square foot.

• Recent property sales and refinancings have reduced mortgage debt by approximately $17.9 million from May 2025 to May 2026.

• As of March 31, 2026, $12.8 million of debt matures in 2026, with ongoing efforts to refinance or repay obligations.

• Historical net tangible book value as of March 31, 2026: ($1.53) per share; post-offering as adjusted: ($0.13) per share.

Use of proceeds and capital allocation

• Estimated net proceeds of $6.7 million (assuming full subscription) to be used for redemption of a portion of $13 million preferred equity in a subsidiary and for working capital and general corporate purposes.

• No minimum offering amount; proceeds may be less than maximum if fewer securities are sold.

• Pending use, proceeds may be invested in short-term, investment-grade instruments.