other material
confidence high
sentiment neutral
materiality 0.35
GIPR sells GA Dollar Tree property for $1.46M, net proceeds $639K; pro forma filed
GENERATION INCOME PROPERTIES, INC.
- Sale closed April 17, 2026; property at 2383 Lake Harbin Rd, Morrow, GA, occupied by Dollar Tree.
- Purchase price $1,458,000; net proceeds to company $639,152 after customary prorations.
- Pro forma balance sheet as of 3/31/26 removes $1.12M assets and $684K liabilities; total assets decrease to $87.16M.
- Pro forma net loss improves by $5.5K for Q1 2026 and $60.5K for FY2025; diluted EPS unchanged for Q1, improves from -$2.00 to -$1.99 for FY2025.