GIPR completes $11.2M UPREIT acquisition of three retail properties leased to Tractor Supply, Dollar General, Zaxby's

GENERATION INCOME PROPERTIES, INC.

Acquired three 100%-leased retail properties (Cleveland TN, Kernersville NC, Sanford FL) for ~$11.2M total consideration.
Consideration paid: ~698,465 OP Units valued at $6.00/unit ($4.2M) plus assumption of ~$7.0M in existing mortgage debt.
Properties are triple-net leased to Tractor Supply (BBB), Dollar General (BBB), and Zaxby's with lease expirations from 2035-2039.
Transaction increases portfolio gross asset value to ~$115MM and WALT to 4.7 years; retail exposure rises to 65%.
Issued OP Units under Section 4(a)(2) private placement; contributor also received tax protection agreement covering built-in gain.

item 1.01 item 2.01 item 2.03 item 3.02 item 7.01 item 9.01 item 2.02

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.