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Note 7 - Mortgage Notes Payable (Tables) | 6 Months Ended
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Jun. 30, 2025
Notes Tables |
Schedule of Debt [Table Text Block] |
|  | Principal as of |  |  |  |  |  |  |  |  |  |
|  | June 30, |  |  | December 31, |  | Loan |  | Interest |  |  |  |  |
Mortgage note property |  | 2025 |  |  | 2024 |  | Type |  | Rate (1) |  |  | Maturity |
Dakota Center (2) |  | $ | 8,873,095 |  |  | $ | 9,091,395 |  | Fixed |  |  | 4.74 | % |  | 7/6/2024 |
Research Parkway (3) |  | - |  |  | 1,526,860 |  | N/A |  | N/A |  |  | N/A |
Arapahoe Service Center |  |  | 8,670,000 |  |  |  | 8,670,000 |  | Fixed |  |  | 6.75 | % |  | 12/5/2029 |
Union Town Center (3) |  | - |  |  | 7,709,746 |  | N/A |  | N/A |  |  | N/A |
One Park Centre (6) |  |  | 5,854,250 |  |  |  | 5,919,517 |  | Fixed |  |  | 4.77 | % |  | 9/5/2025 |
Genesis Plaza (6) |  |  | 5,749,126 |  |  |  | 5,813,843 |  | Fixed |  |  | 4.71 | % |  | 9/6/2025 |
Shea Center II (6) |  |  | 16,507,833 |  |  |  | 16,660,803 |  | Fixed |  |  | 4.92 | % |  | 1/5/2026 |
West Fargo Industrial (4) |  |  | 5,750,000 |  |  |  | 5,750,000 |  | Fixed |  |  | 7.14 | % |  | 7/6/2029 |
Grand Pacific Center (5) |  |  | 6,424,930 |  |  |  | 6,460,405 |  | Fixed |  |  | 6.35 | % |  | 5/10/2033 |
Baltimore |  |  | 5,670,000 |  |  |  | 5,670,000 |  | Fixed |  |  | 4.67 | % |  | 4/6/2032 |
Mandolin |  |  | 3,474,942 |  |  |  | 3,508,702 |  | Fixed |  |  | 4.35 | % |  | 4/20/2029 |
Subtotal, Presidio Property Trust, Inc. Properties |  | $ | 66,974,176 |  |  | $ | 76,781,271 |  |  |  |  |  |  |  |  |  |
Model Home mortgage notes (7) |  |  | 28,445,612 |  |  |  | 26,060,798 |  | Fixed |  |  | 6.00% - 8.00% |  |  | 2025 - 2030 |
Mortgage Notes Payable |  | $ | 95,419,788 |  |  | $ | 102,842,069 |  |  |  |  |  |  |  |  |  |
Unamortized loan costs |  |  | (815,984 | ) |  |  | (747,975 | ) |  |  |  |  |  |  |  |  |
Mortgage Notes Payable, net |  | $ | 94,603,804 |  |  | $ | 102,094,094 |  |  |  |  |  |  |  |  |  |
Contractual Obligation, Fiscal Year Maturity [Table Text Block] |
|  | Commercial |  |  | Model |  |  |  |  |
|  | Properties |  |  | Homes |  |  | Total Principal |
Years ending December 31: |  | Notes Payable |  |  | Notes Payable |  |  | Payments |
2025 |  | $ | 20,695,521 |  |  | $ | 3,665,513 |  |  | $ | 24,361,034 |
2026 |  |  | 16,645,343 |  |  |  | 3,031,062 |  |  |  | 19,676,405 |
2027 |  |  | 302,885 |  |  |  | 626,929 |  |  |  | 929,814 |
2028 |  |  | 322,652 |  |  |  | 9,075,310 |  |  |  | 9,397,962 |
2029 |  |  | 17,292,071 |  |  |  | 6,207,711 |  |  |  | 23,499,782 |
Thereafter |  |  | 11,715,704 |  |  |  | 5,839,087 |  |  |  | 17,554,791 |
Total |  | $ | 66,974,176 |  |  | $ | 28,445,612 |  |  | $ | 95,419,788 |

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