Generation Income Properties Inc. · NASDAQ:GIPR
Generation Income Properties — Investor Presentation (November 2024)
21 slides from Generation Income Properties's investor presentation, Nov 15, 2024
Slide 1: November 2024 Investor Presentation
NOVEMBER 2024 INVESTOR PRESENTATION
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation may contain forward-looking statements and information relating to, among other things, Generation Income Properties, Inc. (“the company”), its business plan and strategy, its properties and assets, and its industry. These forward-looking statements ar
Slide 3: Contents
GIPR Overview Recent Highlights 14 Tenant Market Caps 15 Investment Thesis CONTENTS Portfolio & Growth 16 Meet the Team 01 02 04 11 Values & Culture
Slide 4: GIPR Overview
1 NASDAQ listed since 2021: GIPR 2 $104M GAV 3 4 5 6 7 8 9 93% Occupancy 27 Properties 12 States 4.6yrs WALT 540K Square Feet 69% IGC Tenant ~5.5M Common Stock Outstanding GIPR OVERVIEW GIPR OVERVIEW 01 as of November 14, 2024
Slide 5: Recent Highlights
Redemption Extensions Preferred Investment $2.5M cash contribution into GIPLP in exchange for preferred partnership units Debt Extension Two Norfolk, VA loans extending to 2029, with no debt due until 2028 $5.5M Acquisition Acquired a Best Buy in Ames, IA for $5.5M (8.1% cap rate) with approximately
Slide 6: Conversations with GIPR
Conversations with GIPR Our podcast highlights entrepreneurial efforts and tells stories of interesting people in our community. Click here to listen to all epsisodes. Podcast Case Studies INVESTOR RELATIONS Click Boxes Above to Read Full Case Studies 03
Slide 7: Investment Thesis
INVESTMENT THESIS GIPR Unlocks Value & Growth in Stabilized Short Term Net Leased Assets 04
Slide 8: Investment Thesis: Targeted Acquisitions and Asset Management
Targeted Acquisitions We purchase shorter-term net leased assets at higher cap rates, unlocking embedded value - our focus is on high quality RE, tenant credit, site-specific performance and geographic attributes INVESTMENT THESIS Proactive Asset Management We enhance property performance through s
Slide 9: Short-Term Lease Thesis
SHORT-TERM LEASE THESIS The Net Lease market remains fragmented with approximately 95% of buyers in the market being private individuals leading to market opportunity for institutional buyers and REITs. 01 02 03 04 The majority of both private and institutional buyers focus on assets with over 10 ye
Slide 10: Current Buying Opportunities
CURRENT BUYING OPPORTUNITIES GIPR anticipates that market dynamics in 2025 and 2026 will create more favorable buying opportunities. The following data highlights three critical factors influencing the transaction market: transaction volume, trends in cap rates, and trends in interest rates. 01 02 0
Slide 11: Current Buying Opportunities
CURRENT BUYING OPPORTUNITIES 2021 High transaction volume Low cap rates Low cost of capital 2022-2024 Decreasing transaction volume Slowly increasing cap rates Rapidly increasing cost of capital 2025 Low transaction volume Sustained high cap rates Decreasing cost of capital Patient and disciplined G
Slide 12: Fresenius and Dollar Tree Lease Extensions
Fresenius Medical Care Chicago, IL Acquisition Details: Purchase Price: $3,100,000 7.24% cap rate Extension Details: Seven-Year Extension New Value: The lease extension brought the total remaining lease term for this Fresenius property to nine (9) years. At the time of lease extension, a conservativ
Slide 13: In Simple Terms
...our relationship based, short-term lease thesis successfully drives value through early lease extensions and effective re-tenanting of vacant assets, contributing to sustained cash flow and enhanced property performance. IN SIMPLE TERMS... 10
Slide 14: Tenant and Lease Schedule
Tenant City / State Bldg. Area (sf) Asset Class S&P Credit Rating Current Annual Rent Lease Expiration Date WALT Renewal Options 7-Eleven Corporation Washington, D.C. 3,000 R A $129,804.00 3/31/2026 1.44 2 x 5 years Auburn University Huntsville, AL 59,091 I AA- $283,500.00 7/31/2027 2.77 N/A Best Bu
Slide 15: GIPR Portfolio Summarization
ABR Credit Rated $7,090,337 (82%) Investment Grade Credit $5,068,616 (59%) IGC Profile $640,980 (7%) Sub-Investment Grade Credit $2,021,721 (24%) Not Rated $864,583 (10%) GIPR PORTFOLI0 SUMMARIZATION 07 01 Property Types Collective Portfolio as of November 14, 2024 Retail Office Industrial 61% 36% 3
Slide 16: GIPR Growth: Core Attributes
LIQUIDITY STABLIZED DEBT CAPITAL RAISE ACQUISITIONS GIPR GROWTH Healthy cash balance on hand Stabilized long term debt with ability to advantageously refinance Capital raise Continuously looking at ways to raise additional accretive capital for growth Acquisitions Continue to grow the company GAV wi
Slide 17: Tenant Market Caps
TENANT MARKET CAPS Market Capitalization (In Billions) GIPR is landlord to some of the United States’ largest institutions, including The United States Government ~$30T 06
Slide 18: Values & Culture
Relational We prioritize and value our relationships, understanding that both professional and personal connections are our greatest assets. Generational Ethical Intelligent We make decisions with a long-term perspective, ensuring that our actions positively impact future generations. We uphold a cu
Slide 19: Meet the Team
MEET THE TEAM Founder & CEO David Sobelman Mr. Sobelman serves as Chairman of GIPR’s Board of Directors, CEO, & President. He used the insight achieved through decades of focusing on net leased assets to imbed the philosophy of long-term, generational investing and founded Generation Income Properti
Slide 20: Meet the Team
MEET THE TEAM Corporate Controller Angel Gonzalez As Corporate Controller, Angel is responsible for the direct oversight of the accounting function, including financial reporting, treasury, tax and compliance. Prior to joining GIPR in 2024, Angel served in various accounting leadership roles with se
Slide 21: Thank You
CONTACT: IR@GIPREIT.COM THANK YOU
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