Company: GIPRW
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0000950170-25-046959
Chunk: 10

Company: GENERATION INCOME PROPERTIES, INC.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1
Chunk 10
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•market real estate dynamics, including macroeconomic market data and market rents for potential rental rate changes after initial lease term;  

•evaluation of business trends for local real estate demand specifics and competing business locations;  

 8

•review of asset level financial performance;  

•pre-acquisition discussions with the asset manager to confirm property specific reserve amounts and potential future capital expenditures;  

•review of property’s physical condition and related systems; and  

•financial modeling to determine our preliminary baseline pricing.  

Specific acquisition criteria may include, but is not limited to, the following:  

•premier locations and facilities with multiple alternative uses;  

•sustainable rents specific to a tenants’ location that may be at or below market rents;  

•investment grade or strong credit tenant;  

•properties not subject to long-term management contracts with management companies;  

•opportunities to expand the tenants’ building and/or implement value-added operational improvements; and  

•population density and strong demand growth characteristics supported by favorable demographic indicators.  

Competitive Strengths

We believe that the following factors benefit the Company as we implement our business strategy:  

•Focused Property Investment Strategy. We have invested and intend to invest primarily in assets that are geographically located in prime markets throughout the United States, with an emphasis on the major primary and coastal markets, where we believe there are greater barriers to entry for the development of new net lease properties.  

•Experienced Board of Directors. We believe that we have a seasoned and experienced board of directors that will help us achieve our investment objectives. In combination, our directors have approximately 115 years of experience in the real estate industry.  

•Real Estate Industry Leadership and Networking. We are led by our Chairman, President and CEO, David Sobelman. He founded the Company after serving in different capacities within the net lease commercial real estate market. Mr. Sobelman started his real estate career in 2003 as a real estate analyst and ultimately emerged into a Managing Partner of a solely-focused, triple net lease commercial real estate firm. He has procured or overseen numerous transactions that ranged from small, private investments to portfolio transactions with individual aggregate values of approximately $69 million. Additionally, Mr. Sobelman considers himself a pioneer in implementing hands-on management of net leased properties in order to potentially maintain or increase the value of any one asset. He has overseen or actively participated in single tenant real estate management since 2010.  

•Established and Developing Relationships with Real Estate Financing Sources