Company: SQFTP
Filing Date: 2025-07-15
Form Type: 424B5
Source: 0001641172-25-019665
Chunk: 29

Company: Presidio Property Trust, Inc.
Filing Date: 2025-07-15
Form: 424B5
Chunk 29
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 the year ended December 31, 2022:

During year ended December 31, 2022, we disposed of the following properties:

| ● | World                                                                                    
 Plaza, which was sold on March 11, 2022, for approximately $10.0 million and the Company 
 recognized a loss of approximately $0.3 million.                                         |

| ● | 31                                                                                             
 model homes for approximately $17.5 million and the Company recognized a gain of approximately 
 $5.4 million.                                                                                  |

Model Home Properties

Our Model Home properties are located in five states throughout the United States. As of December 31, 2023, we owned 110 model homes with a net book value of approximately $50.8 million.

Our Model Home business was started in March 2010 through the acquisition of certain assets and rights from Dubose Model Homes USA .Our model home business (“ NetREIT Dubose”) is engaged in the business of acquiring model homes from third party homebuilders in sale-leaseback transactions whereby a homebuilder sells the Model Home to NetREIT Dubose and leases back the Model Home under a triple net lease ( “ NNN”) for use in marketing its residential development.

We currently operate six limited partnerships in connection with NetREIT Dubose: Dubose Model Home Investors #202, LP (“ DMHI #202”), Dubose Model Home Investors #203, LP (“ DMHI #203”), Dubose Model Home Investors #204, LP (“ DMHI #204”), Dubose Model Home Investors #205, LP (“ DMHI #205”), Dubose Model Home Investors #206, LP (“ DMHI #206”), and Dubose Model Home Investors #207, LP (“ DMHI #207”). The limited partnerships typically raise private equity to invest in Model Home Properties and lease them back to the homebuilders. When the model homes’ lease ends, these properties are sold to independent third parties as residential homes. As of December 31, 2023, the Company owned:

| ● | 10.3%                                                                                       
 of DMHI #202, which raised $2.9 million, and was formed to raise up to $5.0 million through 
 the sale of partnership units.                                                              |

| 4 |

| ● | 2.3%                                                                                            
 of DMHI #203, which raised $4.4 million, and was formed to raise up to $5.0 million through     
 the sale of partnership units.                                                                  |
| ● | 3.