---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-056894"
form_type: "8-K/A"
ticker: "GIPR"
cik: "0001651721"
company_name: "GENERATION INCOME PROPERTIES, INC."
filed_at: "2025-04-23T23:59:59+00:00"
generated_at: "2026-05-23T08:12:55.708738+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# GIPR acquires three retail properties via $4.2M OP unit issuance and $7.0M debt assumption

## Summary
- Acquired 100% leased Dollar General (TN), Tractor Supply (NC), and Zaxby's (FL) properties on Feb 6, 2025.
- Consideration: 698,465 Series B-2 preferred units valued at $6.00/unit ($4.2M) plus assumption of $7.0M in existing debt.
- Properties generated ~$789K rental income in 2024; net revenues of ~$676K after property-level expenses.
- Debt assumed includes 3.5% ($1.25M due 2026), 2.9% ($3.26M due 2031), and 6.29% ($2.5M due 2026) fixed-rate loans.
- Transaction structured as UPREIT contribution from Lloyd M. Bernstein; pro forma financials filed as Exhibit 99.2.

## SEC filing metadata
- accession: 0000950170-25-056894
- form_type: 8-K/A
- ticker: GIPR
- cik: 0001651721
- company_name: GENERATION INCOME PROPERTIES, INC.
- filed_at: 2025-04-23T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1651721/000095017025056894/0000950170-25-056894-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1651721/000095017025056894/gipr-20250206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-056894
- JSON: https://secwatch.observer/filing/0000950170-25-056894.json
- Plain text: https://secwatch.observer/filing/0000950170-25-056894.txt

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