---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-012224"
form_type: "8-K"
ticker: "GIPR"
cik: "0001651721"
company_name: "GENERATION INCOME PROPERTIES, INC."
filed_at: "2023-04-10T23:59:59+00:00"
generated_at: "2026-06-17T04:10:59.546529+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Generation Income Properties terminates $8.2M Kansas retail building acquisition

## Summary
- Terminated Purchase & Sale Agreement with Harbor Terrace Limited Partnership for a 48,000 sq ft single-tenant retail building in Overland Park, KS.
- Total consideration was $8.2 million; decision based on findings during the inspection period.
- Right to terminate was exercised on April 3, 2023; no further details on specific findings disclosed.

## SEC filing metadata
- accession: 0000950170-23-012224
- form_type: 8-K
- ticker: GIPR
- cik: 0001651721
- company_name: GENERATION INCOME PROPERTIES, INC.
- filed_at: 2023-04-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1651721/000095017023012224/0000950170-23-012224-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1651721/000095017023012224/gipr-20230403.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-012224
- JSON: https://secwatch.observer/filing/0000950170-23-012224.json
- Plain text: https://secwatch.observer/filing/0000950170-23-012224.txt

## Key facts
- Material Agreements
  GENERATION INCOME PROPERTIES, INC. terminated Purchase and Sale Agreement with Harbor Terrace Limited Partnership valued at $8.2 million (effective 2023-04-03).
  - Action: termination
  - Agreement: asset purchase
  - Counterparty: Harbor Terrace Limited Partnership
  - Value: $8.2 million
  - Effective: 2023-04-03
  source text: On April 3, 2023, Generation Income Properties L.P., the operating partnership of Generation Income Properties, Inc., elected to exercise its right to terminate the previously disclosed Purchase and Sale Agreement with Harbor Terrace Limited Partnership to acquire an approximately 48,000 square foot single-tenant retail building in Overland Park, KS for total consideration of $8.2 million per its findings during the inspection period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1651721/000095017023012224/0000950170-23-012224-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.