XML 45 R27.htm IDEA: XBRL DOCUMENT

Schedule III - Real Estate and Accumulated Depreciation and Amortization

12 Months Ended

Dec. 31, 2025

Notes to Financial Statements

SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Text Block]

Presidio Property Trust, Inc. and Subsidiaries

Schedule III - Real Estate and Accumulated Depreciation and Amortization – as of December 31, 2025

All amounts are in thousands						*Initial Cost*																*Total Cost*												(1		)
Property Name/ Location		*Encumbrances*				*Land Cost*				*Building & Improvements*				*Acquisition Price*				*Capitalized Improvements*				*Land Cost*				*Building & Improvements*				*Total Cost*				*Accumulated Depreciation & Amortization*				*Reserve for Impairment*				*NBV Real Estate*				*Date Acquired*				*Year Built/ Renovated*
Genesis Plaza, San Diego, CA		$	6,236			$	1,400			$	8,600			$	10,000			$	3,738			$	1,400			$	12,494			$	13,894			$	6,620			$	-			$	7,274			08/10					1989
Dakota Center, Fargo, ND			8,740				832				8,743				9,575				4,524				832				13,267				14,099				5,053				4,185				4,861			05/11					1982
Grand Pacific Center, Bismarck, ND			6,361				413				4,926				5,339				3,581				413				11,197				11,610				3,527				-				8,083			03/14					1976
Arapahoe Center, Centennial, CO			8,670				1,420				10,430				11,850				1,680				1,420				12,110				13,530				4,656				-				8,874			12/14					2000
West Fargo Industrial, Fargo, ND			5,750				1,693				6,207				7,900				767				1,693				6,974				8,667				2,262				-				6,405			08/15				1998/2005
300 N.P., Fargo, ND			-				135				3,715				3,850				542				135				4,257				4,392				1,413				1,030				1,949			08/15					1922
One Park Centre, Westminster, CO			6,097				1,206				7,944				9,150				2,962				1,206				10,906				12,112				4,405				1,966				5,741			08/15					1983
Shea Center II, Highlands Ranch, CO			16,353				2,214				23,747				25,961				4,603				2,214				28,075				30,289				11,812				2,227				16,250			12/15					2000
McElderry, Baltimore, MD			5,670				215				8,677				8,892				28				215				8,705				8,920				904				-				8,016				12/20				2006
Total Office/ Industrial properties			63,877				9,528				82,989				92,517				22,425				9,528				107,985				117,513				40,652				9,408				67,453

Mandolin, Houston, TX			3,441				1,330				3,562				4,892				14				1,330				3,577				4,907				397				-				4,510			08/21					2021
Total Retail properties			3,441				1,330				3,562				4,892				14				1,330				3,577				4,907				397				-				4,510

Model Homes-DMH LP #204			213				65				299				364				-				65				299				364				41				-				323				07/12				2020
Model Homes-DMH LP #205			601				226				2,004				2,411				-				226				807				1,033				119				-				914				2019-2020				2019-2020
Model Homes-DMH LP #207			4,692				1,249				6,795				8,252				-				1,249				5,834				7,083				313				33				6,737				07/15				2023
Model Homes-NMH Inc.			20,098				5,087				23,055				27,659				-				5,087				25,004				30,091				1,174				204				28,713				2020-2024				2020-2024
Total Model Home properties			25,604				6,627				32,153				38,686				-				6,627				31,944				38,571				1,647				237				36,687

CONSOLIDATED TOTALS:		$	92,922			$	17,485			$	118,704			$	136,095			$	22,439			$	17,485			$	143,506			$	160,991			$	42,696			$	9,645			$	108,650

(1) Depreciation is computed on a straight-line basis using useful lives up to 39 years.

Presidio Property Trust, Inc. and Subsidiaries

Schedule III - Real Estate and Accumulated Depreciation and Amortization (continued) – as of December 31, 2025

		*For the Year Ended December 31,*
		*2025*				*2024*
Real estate
Balance at the beginning of the year		$	169,956,012			$	183,238,901
Acquisitions		$	9,444,465			$	9,729,351
Improvements		$	2,513,488			$	2,261,826
Impairments		$	(6,371,437	)		$	(1,784,311	)
Dispositions of real estate		$	(24,196,867	)		$	(23,489,755	)
Balance at the end of the year		$	151,345,661			$	169,956,012
Accumulated depreciation and amortization
Balance at the beginning of the year		$	(42,359,512	)		$	(39,083,117	)
Depreciation and amortization expense		$	(4,404,508	)		$	(5,021,653	)
Dispositions of real estate		$	4,068,063			$	1,745,258
Balance at the end of the year		$	(42,695,957	)		$	(42,359,512	)

Real estate assets, net		$	108,649,704			$	127,596,500