GENERATION INCOME PROPERTIES, INC. 8-K

What Happened
Generation Income Properties, Inc. (GIPR) filed an 8-K announcing it completed two property dispositions in December 2025. On December 5, 2025, an indirect subsidiary sold the retail property at 585 24 ½ Road, Grand Junction, Colorado to Realty Income Properties 26, LLC for a gross cash purchase price of $4,972,704. On December 15, 2025, another indirect subsidiary sold the office property at 2601 Westhall Lane, Maitland, Florida to Thompson, Inc. for a final purchase price of $6,702,000 (originally $6,850,000, reduced $148,000 via a post‑inspection amendment). Net proceeds from each sale were used, in part, to repay the mortgage loans secured by the properties.

Key Details

• Grand Junction sale: gross price $4,972,704; buyer Realty Income Properties 26, LLC; closed Dec 5, 2025. Net proceeds repaid the mortgage (approx. $2.4M). Property was leased to Best Buy Stores, L.P.; lease extended Aug 18, 2025 through Mar 31, 2032 with two 5‑year renewal options to 2042.
• Maitland (Westhall Lane) sale: final price $6,702,000 after $148,000 reduction; buyer Thompson, Inc.; closed Dec 15, 2025. Net proceeds repaid the mortgage (approx. $2.9M), including fees tied to amending an interest rate swap. Property was leased to exp US Services, Inc. (guaranteed by exp Global, Inc.).
• The filing includes unaudited pro forma condensed consolidated financial information showing the effects of the dispositions (pro forma balance sheet as of Sep 30, 2025; pro forma statements of operations as if dispositions occurred Jan 1, 2024).

Why It Matters
These sales reduce GIPR’s property count and leverage (mortgages on the two assets were repaid) and will remove the associated rental income and expenses from future operating results. Both properties were income‑producing at sale (long‑term commercial tenants remained in place), which preserves some cash‑flow continuity for the buyers but means GIPR no longer receives that rent. The company provided pro forma financials so investors can see the illustrative impact of the dispositions on the balance sheet and results of operations.