News & Events

Entry into a Material Definitive Agreement. On May 28, 2026, Generation Income Properties, Inc. (the “Company”) announced the pricing of a “best efforts” public offering of (i) 23,825,000 shares of its common stock, par value $0.01 per share (or pre-funded warrants in lieu thereof (the “Pre-Funded Warrants”)) and (ii) warrants to purchase up to 23,825,000 shares of common stock (the “Warrants”), at a combined public offering price of $0.21 per Share and accompanying Warrant (the “Offering”).…

Entry into a Material Definitive Agreement The disclosure under

Completion of Acquisition or Disposition of Assets On May 22, 2026, GIPFL 10002 N Dale Mabry, LLC, an indirect wholly owned subsidiary of Generation Income Properties, Inc. (the “Company”), completed the sale of its Starbucks-occupied net lease retail property located at 10002 N. Dale Mabry Highway in Tampa, Florida (the “Property”), pursuant to a Purchase and Sale Agreement (the “Purchase and Sale Agreement”), entered into effective as of April 10, 2026, by and between GIPFL 10002 N Dale Mab…

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth under

Entry into a Material Definitive Agreement. On May 1, 2026, LMB Auburn Hills I, LLC, an Ohio limited liability company, and LMB Lewiston, LLC, an Ohio limited liability company (together, the “Borrowers”), each indirect subsidiaries of Generation Income Properties, Inc. (the “Company”) through Generation Income Properties, L.P. (the “Operating Partnership”), entered into a Commercial Business Loan Agreement (the “Loan Agreement”) with Hancock Whitney Bank (the “Bank”), pursuant to which the B…

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Director Resignations On May 7, 2026, each of Benjamin Adams, Gena Cheng and Patrick Quilty submitted their respective resignations as members of the Board of Directors (the “Board”) of Generation Income Properties, Inc. (the “Company”). The resignations of Mr. Adams, Ms. Cheng and Mr. Quilty were not due to any disagreements with respect to the Co…

Completion of Acquisition or Disposition of Assets On April 17, 2026, GIPGA 2383 Lake Harbin Road, LLC, an indirect wholly owned subsidiary of Generation Income Properties, Inc. (the “Company”), completed the sale of its Dollar Tree-occupied net lease retail property located at 2383 Lake Harbin Road in Morrow, Georgia (the “Property”), pursuant to a Purchase and Sale Agreement (as amended, the “Morrow Purchase and Sale Agreement”), entered into effective as of March 23, 2026, by and between G…

Entry into a Material Definitive Agreement. On April 16, 2026, Generation Income Properties, L.P., a Delaware limited partnership (the “Operating Partnership”), the operating partnership of Generation Income Properties, Inc. (the “Company”), entered into the Seventh Amendment (the “Seventh Amendment”) to the Amended and Restated Limited Partnership Agreement of the Operating Partnership (the “Partnership Agreement”), pursuant to which the Company, as the general partner of the Operating Partn…

Entry into a Material Definitive Agreement. Amendment to GIPIA Operating Agreement On April 13, 2026, Generation Income Properties, L.P., the operating partnership (the “Operating Partnership”) of Generation Income Properties, Inc. (the “Company”), entered into a Second Amended and Restated Limited Liability Company Agreement (the “Second A&R Agreement”) of GIPIA 1220 S. Duff Avenue, LLC, a Delaware limited liability company (the “Iowa SPE”), by and among the Iowa SPE, the Operating Partnersh…

Entry into a Material Definitive Agreement On February 10, 2026, Generation Income Properties, Inc. (the “Company”) entered into an Amended and Restated Convertible Note (the “First Amended Note”) in the principal amount of $551,437 with Silverback Capital Corporation (the “Noteholder”). The First Amended Note amends and restates that certain Secured Promissory Note, dated April 25, 2025, in the original principal amount of $1,000,000 originally issued to Brown Family Enterprises LLC in excha…

Unregistered Sales of Equity Securities The disclosure in

the completion of the disposition of the Company’s former Irby Construction-occupied industrial property located at 702 Tillman Place in Plant City, Florida (the “Plant City Property”), completed on October 30, 2025. The Original 8-K disclosed the sale of the Plant City Property for $1,950,000 in cash, subject to customary prorations and adjustments. At the time of filing the Original 8-K, the financial statements and pro forma financial information required by

Completion of Acquisition or Disposition of Assets Sale of Grand Junction, Colorado Property On December 5, 2025, GIPCO 585 24 ½ Road, LLC, an indirect wholly owned subsidiary of Generation Income Properties, Inc. (the “Company”), completed the sale of its retail property located at 585 24 ½ Road in Grand Junction, Colorado (the “Grand Junction Property”), pursuant to that certain Purchase and Sale Agreement, dated as of October 23, 2025 (the “Grand Junction Purchase and Sale Agreement”), by…

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. On February 12, 2026, GIPVA 2510 Walmer Ave., LLC (the “Borrower”), an indirect subsidiary of Generation Income Properties, Inc. (the “Company”), entered into a loan transaction for a $125,000 loan that is evidenced by a Promissory Note, dated February 12, 2026 (the "Promissory Note"), payable to QCCR Investments, LLC ("Lender"). Lender is an affiliate of Richard D. Russell, a di…

Entry into a Material Definitive Agreement. The information contained under

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. As previously reported, on August 20, 2025, the Listing Qualifications department (the “ Staff ”) of The Nasdaq Stock Market LLC (“ Nasdaq ”) notified Generation Income Properties, Inc. (the “ Company ”) that it was not in compliance with the minimum stockholders’ equity requirement for continued listing on The Nasdaq Capital Market. Nasdaq Listing Rule 5550(b)(1) (the “ Equity Requirement ”)…

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On January 28, 2026, Generation Income Properties, Inc. (the “Company”) received a letter from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company’s consolidated closing bid price has been below $1.00 per share for 35 consecutive business days as of January 27, 2026, and that, therefore, the Company is not in compliance with Nasdaq Listing Rule 5550(a)(2), which is the minimum b…

Completion of Acquisition or Disposition of Assets On October 30, 2025, GIPFL 702 Tillman Place, LLC, an indirect wholly owned subsidiary of Generation Income Properties, Inc. (the “Company”), completed the sale of its former Irby Construction-occupied industrial property located at 702 Tillman Place in Plant City, Florida, pursuant to a Purchase and Sale Agreement (as amended, the “Plant City Purchase and Sale Agreement”), entered into effective as of August 17, 2025, by and between GIPFL 70…

Entry into a Material Definitive Agreement. Agreements with Brown Family Enterprises LLC On October 27, 2025, Generation Income Properties L.P. (the “Company"), entered into a First Amendment to Secured Promissory Note (the “Note”) with Brown Family Enterprises LLC (the "Holder"). The Company and the Holder agreed to extend the Maturity Date of the Note to December 15, 2025. The foregoing descriptions of the First Amendment to Secured Promissory Note do not purport to be complete and are subj…

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On August 20, 2025, Generation Income Properties, Inc. (the “Company”) received notice (the “Nasdaq Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) advising the Company that it is not in compliance with the minimum stockholders’ equity requirement for continued listing on The Nasdaq Capital Market. Nasdaq Listing Rule 5550(b)(1) requires companies listed on The Nasdaq Capital Market to ma…

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 24½ 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 t…

Entry into a Material Definitive Agreement On August 9, 2025, Generation Income Properties, L.P. (“GIP LP”), the operating partnership of Generation Income Properties, Inc. (the “Company”), exercised its first 12-month extension option under the Amended and Restated Limited Liability Company Agreement (the “LLC Agreement”) of GIP VB SPE, LLC (the “JV Entity”), dated as of August 10, 2023, between GIP LP, as member and manager, and LC2-NNN Pref, LLC (the “Loci Member”). Pursuant to Section 4.3…

Entry into a Material Definitive Agreement The information contained under

Creation of a Direct Financial Obligations or an Obligation under an Off-Balance Sheet Arrangement of a Registrant On June 13, 2025, GIPDC 3707 14th St, LLC (the “Borrower”), an indirect subsidiary of Generation Income Properties, Inc. (the “Company”), entered into a Loan Agreement (the “Loan Agreement”) with Valley National Bank (the “Lender”), pursuant to which the Lender made a mortgage loan in the original principal amount of $1.1 million (the “Loan”). The Loan is secured by a first-prior…

Entry into a Material Definitive Agreement The information contained under Items 2.01 and 2.03 below is hereby incorporated by reference into this