Generation Income Properties, Inc. Completes Sale of Property

Generation Income Properties, Inc. (the “Company”) announced the completion of the sale of its Starbucks-occupied net lease retail property located at 10002 N. Dale Mabry Highway in Tampa, Florida. The sale was conducted through its indirect wholly owned subsidiary, GIPFL 10002 N Dale Mabry, LLC, and was finalized on May 22, 2026, pursuant to a Purchase and Sale Agreement entered into effective April 10, 2026. The property was sold for a purchase price of $2,964,000, resulting in net proceeds to the Company of $1,959,170 after customary prorations and adjustments. The filing also includes unaudited pro forma financial information for the Company as of March 31, 2026, and for the periods ending March 31, 2026, and December 31, 2025, reflecting the impact of the property sale.