Generation Income Properties Inc. · NASDAQ:GIPR
Generation Income Properties — Investor Presentation (April 2022)
17 slides from Generation Income Properties's investor presentation, April 2022
Slide 1: Generation Income Properties Investor Presentation
GENERATION INCOME PROPERTIES NASDAQ: GIPR INVESTOR PRESENTATION April 2022 *All information as of 03/31/2022 unless stated otherwise
Slide 2: Disclaimer
DISCLAIMER FORWARD-LOOKING STATEMENTS This presentation may contain forward-looking statements and information relating to, among other things, Generation Income Properties, Inc. (“the company”), its business plan and strategy, its properties and assets, and its industry. These forward-looking state
Slide 3: Table of Contents
TABLE OF 13 4 GIPR OVERVIEW CONTENTS Properties 5 INVESTMENT THESIS 6 COMPANY & INVESTMENT HIGHLIGHTS 7 DISCIPLINED UNDERWRITING 8 DISCIPLINED UNDERWRITING: TENANT CREDIT 9 LEASE TERMS & OCCUPANCY 10 ACTIVE MANAGEMENT 11 PORTFOLIO OVERVIEW 12 FINANCIAL OVERVIEW 13 MANAGEMENT & BOARD 15 ESG |3
Slide 4: Generation Income Properties
GIPR $61M Nasdaq Gross Asset 100% Value G eneration Rent Collections 92% 5.8X I ncome Assets w/ Contractual 92% Rent Coverage Bumps Investment P roperties Click to add text Grade Tenants* 6.1 yrs 13 Weighted Average R EIT Properties Remaining Lease Term 338K 100% Square Occupied Feet *Tenant or pare
Slide 5: Investment Thesis
INVESTMENT THESIS 1 STRONG TENANT CREDIT Academic research-based focus on investment grade credit tenants with strong corporate financial metrics. OPPORTUNISTIC LEASE TERMS & CONSISTENT OCCUPANCY 2 Acquiring assets with less than 10 years remaining on lease term in higher density markets with a high
Slide 6: Company & Investment Highlights
COMPANY & INVESTMENT HIGHLIGHTS Company Overview Portfolio Overview GIPR Annualized Historical Dividend 6.5% Number of Properties 13 Ticker Symbol Equity Market Capitalization $15.46MM Number of Tenants 14 (NASDAQ) Number of States 8 Leverage 61% Annualized Base Rent $5.3MM 92% Core FFO per Share $0
Slide 7: Disciplined Underwriting
DISCIPLINED M a r ke t D y n a m i c s Site Level Performance UNDERWRITING Over $1 Billion assets reviewed in 2021 with a • Market rents and vacancies • Unit Level Profitability disciplined approach to submitting offers in • Current rate vs market rent • Site sales/revenue order to ensure all assets
Slide 8: Disciplined Underwriting: Tenant Credit
DISCIPLINED UNDERWRITING: TENANT CREDIT INVESTMENT GRADE TENANCY is our primary focus, providing stable revenue and long-term growth through 84.6% changing market dynamics 84.6% 7.7% 7.7% 92% Total* Percentage of Portfolio No meaningful Rated one BBB- and corporate debt level below above on the lead
Slide 9: Opportunistic Lease Terms & Consistent Occupancy
OPPORTUNISTIC LEASE TERMS & LEASE MATURITIES CONSISTENT OCCUPANCY GIPR’s Shorter Lease Terms Create Greater Flexibility & Potential Higher Rental Rate Increases (in years) 9.6 9.1 9.0 7.1 6.1 NTST ADC PINE GOOD GIPR Low weighted av erag e remaining lease term allows for asset appreciation and inte r
Slide 10: Active Management
ACTIVE MANAGEMENT DISCIPLINED RELATIONSHIP ACQUISITIONS FOCUSED Asset Management assists in Strong relationships formed with underwriting of assets to enhance each tenant at the property level to property knowledge from the outset. better understand site specific performance creating partnership lik
Slide 11: Portfolio Overview
PORTFOLIO Washington DC North Carolina OVERVIEW DIVERSIFIED • • 7-Eleven (A) Retail 3,000 RSF • • GSA of USA (AA+) Office 7,543 RSF PORTFOLIO • $129,804 ABR • $161,346 ABR • 0.89% of Total ABR • 4.3% of Total ABR Florida 18% Virginia • GSA of USA (AA+) & Maersk (BBB) • Starbucks (BBB+) • PRA Holding
Slide 12: Financial Overview
FINANCIAL OVERVIEW LEASE TERM VS DEBT MATURITY Lease Date Debt Maturity Date | 12
Slide 13: Management Team
MANAGEMENT DAVID SOBELMAN TEAM Chief Executive Officer • 18+ years of experience in net lease real estate • Oversees strategy and long-term vision for GIPR ALLISON DAVIES EMILY CUSMANO Chief Financial Officer Chief of02 Staff 04 • 17+ years of experience in real estate and accounting • 11+ years of
Slide 14: Board of Directors
BOARD OF BENJAMIN ADAMS DIRECTORS Compensation Committee Chair • Founder and CEO of Ten Capital Management ($616 million GAV) • 20+ years in business, government, and law BETSY PECK EUGENIA CHENG Governance Committee Chair Independent Director 02 • Managing Director of Prospect Avenue 04 • Retired C
Slide 15: Corporate Responsibility
CORPORATE RESPONSIBILITY CO RPO RA T E E NV IRO NME NT A L S O CIA L G O V E RNA NCE Committed Approach Relational Culture Focus on Internal Controls From working in a co-working Strong company culture underpinned by GIPR has a strong handle on corporate space to using reusable and company values; r
Slide 16: Investor Relations
INVESTOR RELATIONS [email protected] (813) 448-1234
Slide 17: Exhibit: Reconciliation of Non-GAAP Measures
EXHIBIT: RECONCILIATION OF NON-GAAP MEASURES The following tables reconcile net income (net loss), which we believe is the most comparable GAAP measure, to FFO, Core FFO, AFFO, and Core AFFO: Our reported results are presented in accordance with GAAP. We also disclose funds from operations (FFO), ad
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