Company: SQFTP
Filing Date: 2025-08-25
Form Type: 424B3
Source: 0001493152-25-012275
Chunk: 29

Company: Presidio Property Trust, Inc.
Filing Date: 2025-08-25
Form: 424B3
Chunk 29
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 | 23.74 |     |      | $ |   N/A |     |                          | $ |       N/A |     |                          |  10,700 |
| Mandolin                       |     | $    | 32.00 |     | $    | 32.00 |     |      | $ | 33.29 |     |                          | $ |   349,546 |     |                          |  10,500 |

| (1) | Annualized Base Rent divided                                                                         
 by the percentage occupied divided by rentable square feet.                                          |
| (2) | Annualized Base Rent is                                                                              
 based upon actual rents due as of June 30, 2025, determined using GAAP including CAM reimbursements. |
| (3) | This property was sold                                                                               
 during the six months ended June 30, 2025                                                            |
| (4) | This property is held for                                                                            
 sale as of June 30, 2021.                                                                            |

Use of Leverage

We use mortgage loans secured by our individual properties in order to maximize the return for our stockholders. Typically, these loans are for terms ranging from five to ten years. Currently, seven of our 12 of our commercial mortgage loans are structured as non-recourse to us with limited exceptions that would cause a recourse event only upon occurrence of certain fraud, misconduct, environmental, or bankruptcy events. Non-recourse financing limits our exposure to the amount of equity invested in each property pledged as collateral thereby protecting the equity in our other assets. We can provide no assurance that the non-recourse financing will be available to us in the future on terms that are acceptable to us, or at all and there may be circumstances where lenders have recourse to our other assets. To a lesser extent, we use recourse financing. At December 31, 2024, $22.7 million of our total debt contained recourse to the Company, of which $5.0 million was related to the model homes properties.

| 21 |

We have used both fixed and variable interest rate debt to finance our properties. Wherever possible, we prefer to obtain fixed rate mortgage financing as it provides better cost predictability. As of December 31, 2024, none of our mortgage loans included variable interest rate provisions.

In 2025, we have $8.3 million of principal payments on mortgage notes payable related to the Model Home Properties, including $7.7 million payments related to mortgage notes payable that mature in