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Real Estate Assets (Tables) | 9 Months Ended
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Sep. 30, 2018
Real Estate Assets [Abstract] |
Real Estate Properties Owned | A summary of the properties owned by the Company as of September 30, 2018 is as follows:
|  |  |  |  |  | Real estate |
|  | Date |  |  |  | assets, net |
Property Name |  | Acquired |  | Location |  | (in thousands) |
Garden Gateway Plaza |  | March 2007 |  | Colorado Springs, Colorado |  | $ | 11,268 |
World Plaza |  | September 2007 |  | San Bernardino, California |  |  | 5,761 |
Executive Office Park |  | July 2008 |  | Colorado Springs, Colorado |  |  | 8,027 |
Waterman Plaza |  | August 2008 |  | San Bernardino, California |  |  | 5,000 |
Pacific Oaks Plaza |  | September 2008 |  | Escondido, California |  |  | 3,965 |
Morena Office Center |  | January 2009 |  | San Diego, California |  |  | 4,723 |
Genesis Plaza |  | August 2010 |  | San Diego, California |  |  | 8,506 |
Dakota Bank Buildings |  | May 2011 |  | Fargo, North Dakota |  |  | 9,258 |
Yucca Valley Retail Center | (1) | September 2011 |  | Yucca Valley, California |  |  | 6,612 |
Port of San Diego Complex | (1) | December 2011 |  | San Diego, California |  |  | 13,687 |
The Presidio |  | November 2012 |  | Aurora, Colorado |  |  | 6,427 |
Grand Pacific Center |  | March 2014 |  | Bismarck, North Dakota |  |  | 5,846 |
Union Terrace Building |  | August 2014 |  | Lakewood, Colorado |  |  | 8,095 |
Centennial Tech Center |  | December 2014 |  | Colorado Springs, Colorado |  |  | 13,027 |
Arapahoe Service Center |  | December 2014 |  | Centennial, Colorado |  |  | 10,380 |
Union Town Center |  | December 2014 |  | Colorado Springs, Colorado |  |  | 9,981 |
West Fargo Industrial |  | August 2015 |  | Fargo, North Dakota |  |  | 7,304 |
300 N.P. |  | August 2015 |  | Fargo, North Dakota |  |  | 3,569 |
Research Parkway |  | August 2015 |  | Colorado Springs, Colorado |  |  | 2,612 |
One Park Center |  | August 2015 |  | Westminster, Colorado |  |  | 8,538 |
Highland Court |  | August 2015 |  | Centennial, Colorado |  |  | 11,910 |
Shea Center II |  | December 2015 |  | Highlands Ranch, Colorado |  |  | 22,796 |
Presidio Property Trust, Inc properties |  |  |  |  |  |  | 187,292 |
Model Home properties |  | 2010-2018 |  | AZ, CA, FL, IL, NC, NJ, PA, SC, TX, UT |  |  | 50,075 |
|  | Total real estate assets and lease intangibles, net |  | $ | 237,367 |
(1) Properties held for sale as of September 30, 2018.
Geographic Locations of Real Estate Properties Owned | The following tables show a list of properties owned by Presidio Property Trust, Inc. grouped by state location as of September 30, 2018:
State |  | No. of Properties |  |  | Aggregate Square Feet |  |  | Approximate % of Square Feet |  |  | Current Base Annual Rent |  |  | Approximate % of Aggregate Annual Rent |
California |  |  | 7 |  |  |  | 420,927 |  |  |  | 24.9 | % |  | $ | 5,256,291 |  |  |  | 24.5 | %
Colorado |  |  | 11 |  |  |  | 873,684 |  |  |  | 51.6 | % |  |  | 12,545,307 |  |  |  | 58.5 | %
North Dakota |  |  | 4 |  |  |  | 397,039 |  |  |  | 23.5 | % |  |  | 3,634,145 |  |  |  | 17.0 | %
Total |  |  | 22 |  |  |  | 1,691,650 |  |  |  | 100.0 | % |  | $ | 21,435,743 |  |  |  | 100.0 | %
Model Home properties:
State |  | No. of Properties |  |  | Aggregate Square Feet |  |  | Approximate % of Square Feet |  |  | Current Base Annual Rent |  |  | Approximate of Aggregate % Annual Rent |
Southwest |  |  | 92 |  |  |  | 282,105 |  |  |  | 67.1 | % |  | $ | 2,587,824 |  |  |  | 61.1 | %
West |  |  | 3 |  |  |  | 7,854 |  |  |  | 1.9 | % |  |  | 77,748 |  |  |  | 1.8 | %
Southeast |  |  | 41 |  |  |  | 99,502 |  |  |  | 23.7 | % |  |  | 1,152,624 |  |  |  | 27.2 | %
Midwest |  |  | 3 |  |  |  | 9,458 |  |  |  | 2.2 | % |  |  | 131,916 |  |  |  | 3.1 | %
East |  |  | 8 |  |  |  | 21,566 |  |  |  | 5.1 | % |  |  | 286,500 |  |  |  | 6.8 | %
Total |  |  | 147 |  |  |  | 420,485 |  |  |  | 100.0 | % |  | $ | 4,236,612 |  |  |  | 100.0 | %

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