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Note 7 - Mortgage Notes Payable (Tables)

3 Months Ended

Mar. 31, 2022

Notes Tables

Schedule of Debt [Table Text Block]

		*Principal as of*
		*March 31,*				*December 31,*			*Loan*		*Interest*
Mortgage note property		*2022*				*2021*			*Type*		*Rate (1)*				*Maturity*
300 N.P. (2)			2,222,085				2,232,923		Fixed			4.95	%		6/11/2022
Dakota Center			9,618,055				9,677,108		Fixed			4.74	%		7/6/2024
Research Parkway			1,691,348				1,705,438		Fixed			3.94	%		1/5/2025
Arapahoe Service Center			7,728,270				7,770,887		Fixed			4.34	%		1/5/2025
Union Town Center			8,135,901				8,173,568		Fixed			4.28	%		1/5/2025
One Park Centre			6,247,917				6,276,849		Fixed			4.77	%		9/5/2025
Genesis Plaza			6,139,881				6,168,604		Fixed			4.71	%		9/6/2025
Shea Center II			17,426,568				17,494,527		Fixed			4.92	%		1/5/2026
West Fargo Industrial			4,119,239				4,148,405		Fixed			3.27	%		8/5/2029
Baltimore			5,670,000				—		Fixed			4.67	%		4/6/2032
Grand Pacific Center ^{(3) (4)}			3,589,291				3,619,695		Fixed			4.02	%		8/1/2037
Subtotal, Presidio Property Trust, Inc. Properties		$	72,588,555			$	67,268,004
Model Home mortgage notes ^{(4) (5)}			20,924,198				22,154,128		Fixed							2022 - 2024
Mortgage Notes Payable		$	93,512,753			$	89,422,132
Unamortized loan costs			(673,297	)			(562,300	)
Mortgage Notes Payable, net		$	92,839,456			$	88,859,832

Contractual Obligation, Fiscal Year Maturity [Table Text Block]

		*Presidio Property*				*Model*
		*Trust, Inc.*				*Homes*				*Total Principal*
Years ending December 31:		*Notes Payable*				*Notes Payable*				*Payments*
2022		$	3,228,436			$	6,508,834			$	9,737,270
2023			1,406,466				5,508,458				6,914,924
2024			10,379,682				8,906,906				19,286,588
2025			28,782,213				—				28,782,213
2026			16,644,086				—				16,644,086
Thereafter			12,147,672				—				12,147,672
Total		$	72,588,555			$	20,924,198			$	93,512,753