Company: GIPRW
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0000950170-25-046959
Chunk: 29

Company: GENERATION INCOME PROPERTIES, INC.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1A
Chunk 29
---
 regulations, fiscal policies and ordinances;  

•takings by condemnation or eminent domain;  

•real estate conditions, such as an oversupply of or a reduction in demand for real estate space in the area;  

•the perceptions of tenants and prospective tenants of the convenience, attractiveness and safety of our properties;  

•competition from comparable properties;  

•the occupancy rate of our properties;  

•the ability to collect all rent from tenants on a timely basis;  

•the effects of any bankruptcies or insolvencies of major tenants;  

•the expense of re-leasing space;  

•changes in interest rates and in the availability, cost and terms of mortgage funding;  

•the impact of present or future environmental legislation and compliance with environmental laws;  

•acts of war or terrorism, including the consequences of terrorist attacks;  

•acts of God, including earthquakes, hurricanes, floods, health pandemics and other natural disasters, which may result in uninsured losses;  

•cost of compliance with the Americans with Disabilities Act;  

•changes in general economic or local conditions;  

•changes in supply of or demand for similar or competing properties in an area;  

•the impact of permanent mortgage funds, which may render the sale of a property difficult or unattractive; and  

•periods of high interest rates and tight money supply.  

If any of these or similar events occur, it may reduce our return from an affected property or investment and reduce or eliminate our ability to make distributions to stockholders.  

If a major tenant declares bankruptcy, we may be unable to collect balances due under its leases, which would have a harmful effect on our financial condition and ability to pay distributions to you.  

Our success will depend on the financial ability of our tenants to remain current with their leases with us. We may experience concentration in one or more tenants if the future leases we have with those tenants represent a significant percentage of our operations. As of March 19, 2025, we have five tenants, that each account for more than 10% of our annualized rent: the General Service Administration, Dollar General, the City of San Antonio, exp U. S. Services Inc., Kohl's Corporation who collectively contributed approximately 64% of our portfolio’s annualized base rent. Any of our current or future tenants, or any guarantor of one of our current or future tenant’s lease obligations, could be subject to a bankruptcy proceeding pursuant to Title 11 of the bankruptcy laws of the United States. Such a bankruptcy