Generation Income Properties Files 8-K
Ticker: GIPRW · Form: 8-K · Filed: Aug 20, 2025 · CIK: 1651721
| Field | Detail |
|---|---|
| Company | Generation Income Properties, Inc. (GIPRW) |
| Form Type | 8-K |
| Filed Date | Aug 20, 2025 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01, $376,087, $388,367, b, $353,061 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, financial-statements, exhibits
Related Tickers: GIPR
TL;DR
GIPR filed an 8-K for financial statements/exhibits as of 8/18/25.
AI Summary
Generation Income Properties, Inc. filed an 8-K on August 20, 2025, reporting events as of August 18, 2025. The filing primarily concerns financial statements and exhibits, with no specific new financial transactions or material events detailed in the provided text.
Why It Matters
This filing indicates that Generation Income Properties, Inc. is providing updated financial statements and exhibits to the SEC, which is a standard regulatory requirement.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of financial statements and exhibits, not indicating any new risks or significant operational changes.
Key Players & Entities
- GENERATION INCOME PROPERTIES, INC. (company) — Filer
- August 18, 2025 (date) — Earliest event reported
- August 20, 2025 (date) — Date of report
- Maryland (jurisdiction) — State of incorporation
- 401 East Jackson Street, Suite 3300, Tampa, Florida 33602 (address) — Principal executive offices
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report financial statements and exhibits as of August 18, 2025.
When was this 8-K filed with the SEC?
This 8-K was filed with the SEC on August 20, 2025.
What is the exact name of the reporting company?
The exact name of the reporting company is GENERATION INCOME PROPERTIES, INC.
In which state is Generation Income Properties, Inc. incorporated?
Generation Income Properties, Inc. is incorporated in Maryland.
What is the business address of Generation Income Properties, Inc.?
The business address of Generation Income Properties, Inc. is 401 East Jackson Street, Suite 3300, Tampa, Florida 33602.
Filing Stats: 971 words · 4 min read · ~3 pages · Grade level 12.4 · Accepted 2025-08-20 16:30:29
Key Financial Figures
- $0.01 — ch registered Common Stock, par value $0.01 per share GIPR The Nasdaq Stock Mar
- $376,087 — which begins on April 1, 2027, will be $376,087 annually, representing a decrease from
- $388,367, b — he originally scheduled renewal rent of $388,367, but an increase from the current base ren
- $353,061 — increase from the current base rent of $353,061. All other material terms of the lease
Filing Documents
- gipr-20250818.htm (8-K) — 70KB
- gipr-ex10_1.htm (EX-10.1) — 41KB
- gipr-ex99_1.htm (EX-99.1) — 14KB
- 0000950170-25-110447.txt ( ) — 286KB
- gipr-20250818.xsd (EX-101.SCH) — 54KB
- gipr-20250818_htm.xml (XML) — 6KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement On August 18, 2025, Generation Income Properties, Inc. (the "Company"), through its subsidiary GIPCO 585 24 1/2 Road, LLC, entered into a Second Amendment to Lease (the "Amendment") with Best Buy Stores, L.P.(the "Lessee") for its property located at 585 24 Road, Grand Junction, Colorado. Pursuant to the Amendment, the Lessee exercised its second renewal option under the lease prior to the commencement date of such renewal term. In connection with the early exercise, the parties agreed to modify the base rent applicable to the second renewal term. As amended, the base rent for the second renewal term, which begins on April 1, 2027, will be $376,087 annually, representing a decrease from the originally scheduled renewal rent of $388,367, but an increase from the current base rent of $353,061. All other material terms of the lease remain in full force and effect.
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure On August 18, 2025, the Company received notice from 919 Investments LLC terminating the previously announced Purchase and Sale Agreement (the "Purchase and Sale Agreement"), dated July 9, 2025, for the Company's property located at 3134 W. 76th Street, Chicago, Illinois, leased to Fresenius Medical Care. On August 20, 2025, the Company issued a press release announcing the Amendment and the termination of the Purchase and Sale Agreement. A copy of the press release is furnished as Exhibit 99.1 The information furnished in this Item 7.01, including Exhibit 99.1 is not deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that section. This information will not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except to the extent that the registrant specifically incorporates it by reference.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 10.1 Second Amendment to Lease, dated August 18, 2025, between GIPCO 585 24 Road, LLC and Best Buy Stores, L.P. 99.1 Press Release, dated August 20, 2025. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
Forward-Looking Statements
Forward-Looking Statements This Current Report on Form 8-K may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainty. Words such as "anticipate," "estimate," "expect," "intend," "plan," and "project" and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Such statements are based on management's current expectations and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Investors are cautioned that there can be no assurance actual results or business conditions will not differ materially from those projected or suggested in such forward-looking statements as a result of various factors. Please refer to the risks detailed from time to time in the reports we file with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2024 1 filed with the SEC on March 28, 2025, as well as subsequent filings on Form 10-Q and periodic filings on Form 8-K, for additional factors that could cause actual results to differ materially from those stated or implied by such forward-looking statements. We disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, unless required by law. 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. GENERATION INCOME PROPERTIES, INC. Date: August 20, 2025 By: /s/ David Sobelman David Sobelman President and Chief Executive Officer 3