Company: SQFTP
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001437749-25-010185
Chunk: 1888

Company: Presidio Property Trust, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 12
Chunk 1888
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663   12,338,552   4,436,253   29,807   18,925,275 
                     
 Rental operating costs   608,667   6,136,564   171,621   (660,775)  6,256,077 
 Net Operating Income (NOI)   1,511,996   6,201,988   4,264,632   690,582   12,669,198 
                     
 Gain on Sale - Model Homes   —   —   3,426,572   —   3,426,572 
 Impairment of Model Homes   —   —   (406,374)  —   (406,374)
                     
 Adjusted NOI  $1,511,996  $6,201,988  $7,284,830  $690,582  $15,689,396 

        F-
       33

       For the Year Ended December 31, 2023  
                     
   Retail    Office/Industrial    Model Homes    Corporate and Other    Total  
                     
 Rental revenue  $1,488,167  $9,000,917  $4,142,765  $—  $14,631,849 
 Recovery revenue   393,612   2,366,936   —   —   2,760,548 
 Other operating revenue   2,551   207,102   (10,636)  44,200   243,217 
 Total revenues   1,884,330   11,574,955   4,132,129   44,200   17,635,614 
                     
 Rental operating costs   537,389   5,901,042   156,493   (632,006)  5,962,918 
 Net Operating Income (NOI)   1,346,941   5,673,913   3,975,636   676,206   11,672,696 
                     
 Gain on Sale - Model Home   —   —   3,240,200   —   3