Company: SQFTP
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001437749-25-026786
Chunk: 80

Company: Presidio Property Trust, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 80
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,143   72,904   10,457   262,678 
 Total revenues   1,029,242   5,912,537   2,424,367   10,457   9,376,603 
                     
 Rental operating costs   296,595   3,008,035   82,936   (331,494)  3,056,072 
 Net Operating Income (NOI)   732,647   2,904,502   2,341,431   341,951   6,320,531 
                     
 Gain on Sale - Model Home   —   —   2,829,998   —   2,829,998 
 Impairment of Model Homes   —   —   (196,793)  —   (196,793)
                     
 Adjusted NOI  $732,647  $2,904,502  $4,974,636  $341,951  $8,953,736 

       28

       For the Three Months Ended June 30, 2025  
                     
   Retail    Office/Industrial    Model Homes    Corporate and Other    Total  
                     
 Rental revenue  $93,574  $2,452,956  $1,019,301  $—  $3,565,831 
 Recovery revenue   -   715,922   —   —   715,922 
 Other operating revenue   -   64,893   428   31,666   96,987 
 Total revenues   93,574   3,233,771   1,019,729   31,666   4,378,740 
                     
 Rental operating costs   4,824   1,549,497   49,940   (141,656)  1,462,605 
 Net Operating Income (NOI)   88,750   1,684,274   969,789   173,322   2,916,135 
                     
 Gain on Sale - Model Homes   —   —   323,359   —   323,359