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Note 7 - Mortgage Notes Payable (Tables)

9 Months Ended

Sep. 30, 2022

Notes Tables

Schedule of Debt [Table Text Block]

		*Principal as of*
		*September 30,*				*December 31,*			*Loan*		*Interest*
Mortgage note property		*2022*				*2021*			*Type*		*Rate (1)*				*Maturity*
300 N.P. (2)			-				2,232,923		Fixed			4.95	%		6/11/2022
Dakota Center			9,502,870				9,677,108		Fixed			4.74	%		7/6/2024
Research Parkway			1,662,749				1,705,438		Fixed			3.94	%		1/5/2025
Arapahoe Service Center			7,645,349				7,770,887		Fixed			4.34	%		1/5/2025
Union Town Center			8,063,205				8,173,568		Fixed			4.28	%		1/5/2025
One Park Centre			6,192,311				6,276,849		Fixed			4.77	%		9/5/2025
Genesis Plaza			6,084,613				6,168,604		Fixed			4.71	%		9/6/2025
Shea Center II			17,297,630				17,494,527		Fixed			4.92	%		1/5/2026
West Fargo Industrial (6)			4,060,187				4,148,405		Fixed			3.27	%		8/5/2029
Grand Pacific Center (3) (4)			3,527,628				3,619,695		Fixed			4.02	%		8/1/2037
Baltimore			5,670,000				—		Fixed			4.67	%		4/6/2032
Mandolin			3,650,580				—		Fixed			4.35	%		4/20/2029
Subtotal, Presidio Property Trust, Inc. Properties		$	73,357,122			$	67,268,004
Model Home mortgage notes (4) (5)			21,471,355				22,154,128		Fixed							2022 - 2025
Mortgage Notes Payable		$	94,828,477			$	89,422,132
Unamortized loan costs			(687,097	)			(562,300	)
Mortgage Notes Payable, net		$	94,141,380			$	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		$	384,630			$	2,154,993			$	2,539,623
2023			1,470,877				7,190,816				8,661,693
2024			10,452,033				9,882,495				20,334,528
2025			28,852,501				2,243,051				31,095,552
2026			16,719,855				—				16,719,855
Thereafter			15,477,226				—				15,477,226
Total		$	73,357,122			$	21,471,355			$	94,828,477