GENERATION INCOME PROPERTIES, INC. 8-K

What Happened

• Generation Income Properties, Inc. (GIPR) announced it completed the sale of a Dollar Tree‑occupied net lease retail property at 2383 Lake Harbin Road, Morrow, Georgia. The sale closed on April 17, 2026 under a Purchase and Sale Agreement dated March 23, 2026 (amended April 2, 2026). The buyer was Vanguard Asset Holdings, LLC, Series 102.

Key Details

• Purchase price: $1,458,000 (subject to customary prorations and adjustments).
• Net proceeds to the company from the sale: $639,152.49.
• Seller: GIPGA 2383 Lake Harbin Road, LLC, an indirect wholly owned subsidiary of Generation Income Properties.
• Agreement effective date: March 23, 2026; First Amendment dated April 2, 2026; closing date: April 17, 2026.

Why It Matters

• The transaction converts a net leased retail asset into cash, providing the company with $639,152.49 in net proceeds.
• For investors, this reduces Generation Income Properties’ ownership of that specific net‑lease retail asset (and any associated future rent from that property) while increasing the company’s liquid resources.
• The filing references the full Purchase and Sale Agreement and amendment as exhibits, which contain the detailed contractual terms.