Company: SQFTP
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001437749-25-034461
Chunk: 156

Company: Presidio Property Trust, Inc.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 156
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 Nine Months Ended September 30, 2024  
                     
   Retail    Office/Industrial    Model Homes    Corporate and Other    Total  
                     
 Rental revenue  $1,173,121  $7,336,211  $3,359,054  $—  $11,868,386 
 Recovery revenue   304,261   1,582,093   —   —   1,886,354 
 Other operating revenue   63,774   180,287   68,147   33,028   345,236 
 Total revenues   1,541,156   9,098,591   3,427,201   33,028   14,099,976 
                     
 Rental operating costs   437,415   4,596,133   121,151   (500,612)  4,654,087 
 Net Operating Income (NOI)   1,103,741   4,502,458   3,306,050   533,640   9,445,889 
                     
 Gain on Sale - Model Home   —   —   3,191,149   —   3,191,149 
 Impairment of Model Homes   —   —   (238,449)  —   (238,449)
                     
 Adjusted NOI  $1,103,741  $4,502,458  $6,258,750  $533,640  $12,398,589 

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       For the Three Months Ended September 30, 2025  
                     
   Retail    Office/Industrial    Model Homes    Corporate and Other    Total  
                     
 Rental revenue  $93,574  $2,372,147  $1,035,923  $—  $3,501,644 
 Recovery revenue   —   607,222   —   —   607,222 
 Other operating revenue   —   64,450   7,103   15,723   87,276 
 Total revenues   93,574   3,043,819