GIPR · Generation Income Properties, Inc.

This disposition represents a strategic reduction of a single-tenant net lease asset within Generation Income Properties’ portfolio. The property was occupied by Dollar Tree Stores, Inc. under a lease originally dated April 24, 2015, and remained in full force and effect at closing with no defaults reported by either party. The transaction was executed through an indirect wholly owned subsidiary, preserving corporate separation and liability containment. A $100,000 purchase price reduction was negotiated to account for required capital expenditures related to HVAC, pavement, landscaping, and drive-through infrastructure — a material concession that shifted responsibility for those repairs to the purchaser post-closing. The net proceeds of $639,152.49 reflect deductions beyond the $100,000 reduction, including closing costs, title insurance, prorated rents, and other customary adjustments typical in commercial real estate dispositions. While the filing confirms the property was sold free and clear of liens except for permitted exceptions — including the existing Dollar Tree lease — it does not disclose whether the lease was assigned to the buyer or terminated, nor does it state whether the Company retained any post-closing obligations beyond the 12-month survival period for representations and warranties. Given the asset’s size relative to the Company’s overall portfolio (no portfolio context is provided), this is a discrete, non-recurring disposition rather than a broad divestiture initiative.