Real Estate Assets (Tables)

9 Months Ended

12 Months Ended

Sep. 30, 2017

Dec. 31, 2016

A summary of the properties owned by the Company as of September 30, 2017 is as follows:


Property Name	Date Acquired	Location	Real estate assets, net (in thousands)
Garden Gateway Plaza	March 2007	Colorado Springs, Colorado	$	11,450
World Plaza	September 2007	San Bernardino, California		5,738
Executive Office Park	July 2008	Colorado Springs, Colorado		8,120
Waterman Plaza	August 2008	San Bernardino, California		5,656
Pacific Oaks Plaza	September 2008	Escondido, California		4,019
Morena Office Center	January 2009	San Diego, California		4,922
Genesis Plaza	August 2010	San Diego, California		8,707
Dakota Bank Buildings	May 2011	Fargo, North Dakota		9,772
Yucca Valley Retail Center	September 2011	Yucca Valley, California		6,605
Port of San Diego Complex	December 2011	San Diego, California		13,957
The Presidio	November 2012	Aurora, Colorado		6,432
Bismarck	March 2014	Fargo, ND		5,788
Union Terrace Building	August 2014	Lakewood, Colorado		8,395
Centennial Tech Center	December 2014	Colorado Springs, Colorado		13,585
Arapahoe Service Center	December 2014	Centennial, Colorado		10,783
Union Town Center	December 2014	Colorado Springs, Colorado		10,293
West Fargo Industrial	August 2015	Fargo, North Dakota		7,500
300 N.P.	August 2015	Fargo, North Dakota		3,672
Research Parkway	August 2015	Colorado Springs, Colorado		2,710
One Park Center	August 2015	Westminster, Colorado		8,505
Highland Court	August 2015	Centennial, Colorado		12,449
Shea Center II	December 2015	Highlands Ranch, Colorado		23,742

Presidio Property Trust, Inc properties				192,800
Model Home properties	2010-2017	AZ, CA, FL, IL, NC, NJ, PA, SC, TX, UT, WI		46,504

	Total real estate assets and lease intangibles, net		$	239,304

The Company’s real estate assets consisted of the following as of December 31, 2016 and 2015:


			Real estate assets, net (in thousands)
Property Name	Acquired	Location	2016		2015
Havana/Parker Complex	June 2006	Aurora, CO	$	—	$	2,093
Garden Gateway Plaza	March 2007	Colorado Springs, Colorado		11,656		11,808
World Plaza	September 2007	San Bernardino, California		5,750		6,653
Regatta Square	October 2007	Denver, Colorado		1,836		1,859
Executive Office Park	July 2008	Colorado Springs, Colorado		8,125		8,227
Waterman Plaza	August 2008	San Bernardino, California		5,753		5,877
Pacific Oaks Plaza	September 2008	Escondido, California		4,146		4,213
Morena Office Center	January 2009	San Diego, California		5,079		5,269
Rangewood Medical Office Building	March 2009	Colorado Springs, Colorado		2,054		2,306
Genesis Plaza	August 2010	San Diego, California		8,670		8,398
Dakota Bank Buildings	May 2011	Fargo, North Dakota		10,148		10,452
Yucca Valley Retail Center	September 2011	Yucca Valley, California		6,738		7,190
Port of San Diego Complex	December 2011	San Diego, California		14,153		13,971
Shoreline Medical Building	May 2012	Half Moon Bay, California		5,821		5,856
The Presidio	November 2012	Aurora, Colorado		6,609		6,643
Bismarck	March 2014	Fargo, ND		5,392		4,904
Union Terrace Building	August 2014	Lakewood, Colorado		8,276		8,607
Centennial Technology Center	December 2014	Colorado Springs, Colorado		14,157		14,755
Arapahoe Service Center	December 2014	Centennial, Colorado		11,207		11,301
Union Town Center	December 2014	Colorado Springs, Colorado		10,544		10,941
West Fargo Industrial	August 2015	Fargo, North Dakota		7,632		2,875
300 N.P.	August 2015	Fargo, North Dakota		3,751		7,833
Research Parkway	August 2015	Colorado Springs, Colorado		2,776		3,910
One Park Centre	August 2015	Westminster, Colorado		8,515		13,245
Highland Court	August 2015	Centennial, Colorado		12,511		9,050
Shea Center II	December 2015	Highlands Ranch, Colorado		24,409		25,961

NetREIT, Inc. properties				205,708		214,197
Model Home properties	2011-2016	AZ, CA, FL, IL, NC, NJ, PA, SC, TX, UT, WI		34,814		16,889

	Total real estate assets and lease intangibles, net		$	240,522	$	231,086

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, 2017:


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	%	$	5,947,230		27.5	%
Colorado		11		873,684		51.6	%		12,229,995		56.5	%
North Dakota		4		397,039		23.5	%		3,457,516		16.0	%

Total		22		1,691,650		100.0	%	$	21,634,741		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
Arizona		2		4,618		1.2	%	$	50,220		1.3	%
California		2		4,563		1.1	%		42,456		1.1	%
Florida		34		82,995		20.8	%		897,660		22.9	%
Illinois		2		5,851		1.5	%		64,860		1.7	%
New Jersey		2		5,643		1.4	%		51,756		1.3	%
North Carolina		4		13,623		3.4	%		144,540		3.7	%
Pennsylvania		10		28,609		7.2	%		351,960		9.0	%
South Carolina		3		8,703		2.2	%		93,864		2.4	%
Texas		76		232,456		58.2	%		2,088,588		53.4	%
Utah		3		9,918		2.5	%		99,816		2.6	%
Wisconsin		1		2,508		0.6	%		26,448		0.7	%

Total		139		399,487		100.0	%	$	3,912,168		100.0	%