Exhibit 99.2

SUPPLEMENTAL FINANCIAL INFORMATION

As of December 31, 2020

FORWARD-LOOKING STATEMENTS

This presentation contains “forward-looking statements” within the meaning of the federal securities laws that involve risks and uncertainties, many of which are beyond our control. Our actual results could differ materially and adversely from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in the Quarterly Report on Form 10-Q. Forward-looking statements relate to matters such as our industry, business strategy, goals and expectations concerning our market position, future operations, margins, profitability, capital expenditures, financial condition, liquidity, capital resources, cash flows, dividends, results of operations and other financial and operating information. When used in this presentation, the words “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “should,” “project,” “plan,” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words.

The forward-looking statements contained in this presentation are based on historical performance and management’s current plans, estimates and expectations in light of information currently available to it and are subject to uncertainty and changes in circumstances. There can be no assurance that future developments affecting us will be those that we have anticipated. Actual results may differ materially from these expectations due to the factors, risks and uncertainties described in the Annual Report on Form 10-K, as filed March 30, 2021 (“Annual Report”), changes in global, regional or local political, economic, business, competitive, market, regulatory and other factors described in the “Risk Factors” section of the Annual Report, many of which are beyond our control. Should one or more of these risks or uncertainties materialize or should any of our assumptions prove to be incorrect, our actual results may vary in material respects from what we may have expressed or implied by these forward-looking statements. We caution that you should not place undue reliance on any of our forward-looking statements. Any forward-looking statement made by us in this presentation speaks only as of the date on which we make it. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by applicable securities laws.

COMPANY OVERVIEW

■	Presidio Property Trust, Inc. (“Presidio” or the “Company”) was founded in 1999 as NetREIT
■	Presidio is a self-managed real estate company focused on commercial real estate opportunities in often overlooked and regionally dominant markets
■	The Company acquires and manages office and industrial real estate assets in markets with strong demographic and economic drivers with attractive going-in cap rates
■	Presidio’s commercial portfolio currently includes 15 commercial properties with a book value of approximately $123.7 million
■	In addition to its commercial real estate holdings, Presidio generates fees and rental income from affiliated entities, which manage and/or own a portfolio of model homes (1)

(1) The Company holds partial ownership interests in several entities which own model home properties (2) includes book value of model homes

COMMERCIAL PORTFOLIO

Property Location ($ in 000s)	Sq. Ft.		Date Acquired	Year Property Constructed		Purchase Price (1)		Occupancy			Percent Ownership			Mortgage Outstanding
Office/Industrial Properties:
Garden Gateway, Colorado Springs, CO (2)		115,052	03/07	1982/2006		$	15,126		76.4	%		100.0	%	$	5,862
Executive Office Park, Colorado Springs, CO (3)		49,864	07/08		2000		10,126		97.7	%		100.0	%		2,986
Genesis Plaza, San Diego, CA (4)(5)		57,807	08/10		1989		10,000		74.7	%		76.4	%		6,276
Dakota Center, Fargo, ND		119,434	05/11		1982		9,575		86.0	%		100.0	%		9,900
Grand Pacific Center, Bismarck, ND		93,058	04/14		1976		5,350		74.2	%		100.0	%		3,738
Arapahoe Service Center II, Centennial, CO		79,023	12/14		2000		11,850		100.0	%		100.0	%		7,932
West Fargo Industrial, West Fargo, ND		150,030	08/15	1998/2005			7,900		82.0	%		100.0	%		4,263
300 N.P., West Fargo, ND		34,517	08/15		1922		3,850		72.8	%		100.0	%		2,273
One Park Centre, Westminster, CO		69,174	08/15		1983		9,150		84.8	%		100.0	%		6,385
Highland Court, Centennial, CO (6)		93,536	08/15		1984		13,050		64.5	%		84.5	%		6,275
Shea Center II, Highlands Ranch, CO		121,301	12/15		2000		25,325		91.2	%		100.0	%		17,728
Total Office/Industrial Properties		998,016				$	121,302		82.3	%				$	73,618
Retail Properties:
World Plaza, San Bernardino, CA		55,810	09/07		1974		7,650		100.0	%		100.0	%		5,803
Waterman Plaza, San Bernardino, CA (7)		21,170	08/08		2008		7,164		85.9	%		100.0	%		3,208
Union Town Center, Colorado Springs, CO		44,042	12/14		2003		11,212		100.0	%		100.0	%		8,316
Research Parkway, Colorado Springs, CO		10,700	8/15		2003		2,850		100.0	%		100.0	%		1,760
Total Retail Properties		131,722				$	28,876		97.7	%				$	19,087
Total Commercial Properties		1,129,738				$	150,178		84.1	%				$	92,705

(1) Prior to January 1, 2009, “Purchase Price” includes our acquisition related costs and expenses for the purchase of the property. After January 1, 2009, acquisition related costs and expenses were recognized as expense when incurred.

(2) This property is classified as held for sale as of December 31, 2020 and was sold during February 2021 for $11.2 million.

(3) One of four buildings within this property was sold as of December 31, 2020.

(4) Approximately 9,224 square feet, or 16.0% of this property, is occupied by us as our corporate offices and related parties.

(5) This property is owned by two tenants-in-common, each of which owns 57% and 43%, respectively, and we beneficially own an aggregate interest of 76.4%.

(6) This property is owned by two tenants-in-common, of which we own approximately 60% and 52%, respectively, and we beneficially own an aggregate interest of 84.5%.

(7) This property is classified as held for sale as of December 31, 2020 and was sold during January 2021 for $3.5 million.

MODEL HOMES PORTFOLIO

Region	No. of Properties		Aggregate Square Feet		Approximate % of Aggregate Square Feet			Current Annual Base Rent		Approximate % of Aggregate Annual Rent			Purchase Price		Current Mortgage Balance
Southwest		97		290,702		84.7	%	$	2,822,928		81.1	%	$	36,677,542	$	23,580,196
Southeast		16		37,374		10.9	%		447,192		12.8	%		5,595,806		3,205,532
Midwest		2		6,602		1.9	%		99,276		2.9	%		1,103,000		711,265
East		1		2,395		0.7	%		30,636		0.9	%		331,200		-
Northeast		2		6,153		1.8	%		80,844		2.3	%		898,250		586,363
		118		343,226		100	%	$	3,480,876		100	%	$	44,605,798	$	28,083,356

CONSOLIDATED BALANCE SHEET

	December 31,			December 31,
	2020			2019
ASSETS
Real estate assets and lease intangibles:
Land	$	18,827,000		$	19,844,739
Buildings and improvements		115,409,423			118,446,764
Tenant improvements		11,960,018			10,696,181
Lease intangibles		4,110,139			4,230,706
Real estate assets and lease intangibles held for investment, cost		150,306,580			153,218,390
Accumulated depreciation and amortization		(26,551,789	)		(22,482,219	)
Real estate assets and lease intangibles held for investment, net		123,754,791			130,736,171
Real estate assets held for sale, net		42,499,176			69,470,449
Real estate assets, net		166,253,967			200,206,620
Cash, cash equivalents and restricted cash		11,540,917			10,391,275
Deferred leasing costs, net		1,927,951			2,053,927
Goodwill		2,423,000			2,423,000
Other assets, net		3,422,781			5,709,586
TOTAL ASSETS	$	185,568,616		$	220,784,408
LIABILITIES AND EQUITY
Liabilities:
Mortgage notes payable, net	$	94,664,266		$	99,996,306
Mortgage notes payable related to properties held for sale, net		25,365,430			42,396,686
Mortgage notes payable, total net		120,029,696			142,392,992
Note payable, net		7,500,086			12,238,692
Accounts payable and accrued liabilities		5,126,199			5,673,815
Accrued real estate taxes		2,548,686			2,987,601
Lease liability, net		102,323			560,188
Below-market leases, net		139,045			309,932
Total liabilities		135,446,035			164,163,220
Commitments and contingencies (Note 10)
Equity:
Series A Common Stock, $0.01 par value, shares authorized: 100,000,000; 9,508,363 and 8,881,842 shares were both issued and outstanding at December 31, 2020 and December 31, 2019, respectively		95,038			88,818
Additional paid-in capital		156,463,146			152,129,120
Dividends and accumulated losses		(121,674,505	)		(113,037,144	)
Total stockholders' equity before noncontrolling interest		34,883,679			39,180,794
Noncontrolling interest		15,238,902			17,440,394
Total equity		50,122,581			56,621,188
TOTAL LIABILITIES AND EQUITY	$	185,568,616		$	220,784,408

CONSOLIDATED STATEMENT OF OPERATIONS

	For the Year Ended December 31,
	2020			2019
Revenues:
Rental income	$	23,444,119		$	27,467,410
Fees and other income		907,673			1,173,701
Total revenue		24,351,792			28,641,111
Costs and expenses:
Rental operating costs		8,818,283			10,410,574
General and administrative		5,751,754			5,268,315
Depreciation and amortization		6,274,321			7,364,688
Impairment of real estate assets		1,730,851			—
Total costs and expenses		22,575,209			23,043,577
Other income (expense):
Interest expense-Series B preferred stock		—			(2,226,101	)
Interest expense-mortgage notes		(6,097,834	)		(7,337,423	)
Interest expense - note payable		(2,715,233	)		(1,086,122	)
Interest and other income (expense), net		(20,636	)		141,306
Gain on sales of real estate, net		1,245,460			6,319,272
Gain on extinguishment of government debt		451,785			—
Deferred offering costs		(530,639	)		—
Acquisition costs		—			(24,269	)
Income tax expense		(370,884	)		(611,263	)
Total other income (expense), net		(8,037,981	)		(4,824,600	)
Net (loss) income		(6,261,398	)		772,934
Less: Loss attributable to noncontrolling interests		(1,412,507	)		(1,383,140	)
Net loss attributable to Presidio Property Trust, Inc. common stockholders	$	(7,673,905	)	$	(610,206	)
Basic and diluted loss per common share	$	(0.85	)	$	(0.07	)
Weighted average number of common shares outstanding - basic and diluted		9,023,914			8,862,958

CONSOLIDATED STATEMENT OF CASH FLOWS

	For the Year Ended December 31,
	2020			2019
Cash flows from operating activities:
Net (loss) income	$	(6,261,398	)	$	772,934
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization		6,274,321			7,364,688
Stock compensation		1,105,272			686,133
Bad debt expense (recoveries)		77,898			(32,544	)
Gain on sale of real estate assets, net		(1,245,460	)		(6,319,272	)
Impairment of real estate assets		1,730,851			—
Accretion of original issue discount		1,013,405			386,595
Amortization of financing costs		1,287,430			965,239
Amortization of above-market leases		50,682			55,466
Amortization of below-market leases		(170,887	)		(185,995	)
Straight-line rent adjustment		108,998			(63,895	)
Changes in operating assets and liabilities:
Other assets		1,957,641			1,035,806
Accounts payable and accrued liabilities		(1,796,421	)		(767,440	)
Accrued real estate taxes		(438,915	)		(106,779	)
Net cash provided by operating activities		3,693,417			3,790,936
Cash flows from investing activities:
Real estate acquisitions		(10,161,613	)		(13,037,562	)
Additions to buildings and tenant improvements		(2,834,373	)		(6,393,711	)
Additions to deferred leasing costs		(175,828	)		(661,401	)
Proceeds from sales of real estate, net		40,849,654			32,073,721
Net cash provided by investing activities		27,677,840			11,981,047
Cash flows from financing activities:
Proceeds from mortgage notes payable, net of issuance costs		14,152,838			15,494,715
Proceeds from government debt relief		451,785			—
Repayment of mortgage notes payable		(36,808,331	)		(23,176,581	)
Proceeds from note payable, net of issuance cost of $1.1 million		—			11,479,237
Repayment of note payable		(6,324,401	)		—
Payment of extension costs, note payable		(351,025	)		—
Redemption of mandatorily redeemable preferred stock		—			(16,900,000	)
Payment of deferred offering costs		(45,016	)		—
(Distributions) contributions to noncontrolling interests, net		(2,366,009	)		331,603
Issuance of stock for Initial Public Offering, net of underwriters fees		2,050,000			—
Repurchase of common stock		(18,000	)		(227,428	)
Dividends paid to stockholders		(963,456	)		(2,158,469	)
Net cash used in financing activities		(30,221,615	)		(15,156,923	)
Net increase in cash equivalents and restricted cash		1,149,642			615,060
Cash, cash equivalents and restricted cash - beginning of period		10,391,275			9,776,215
Cash, cash equivalents and restricted cash - end of period	$	11,540,917		$	10,391,275
Supplemental disclosure of cash flow information:
Interest paid-Series B preferred stock	$	—		$	1,859,672
Interest paid-mortgage notes payable	$	5,892,025		$	6,442,750
Interest paid-notes payable	$	778,414		$	713,262
Non-cash financing activities:
Issuance of stock for limited partnership interests	$	1,247,990		$	—
Unpaid deferred financing costs	$	83,659		$	—

EBITDA RECONCILIATION

	For the Years Ended December 31,
	2020			2019
Net (loss) income attributable to Presidio Property Trust, Inc. common stockholders	$	(7,673,905	)	$	(610,206	)
Adjustments:
Interest Expense		8,813,067			10,649,646
Depreciation and Amortization		6,274,321			7,364,688
Asset Impairments		1,730,851			-
Net Gain on Sales of RE		(1,245,460	)		(6,319,272	)
Gain Extinguishment of Government Debt		(451,785	)		-
Income Taxes		370,884			611,263
EBITDAre	$	7,817,973		$	11,696,119

FFO AND CORE FFO RECONCILIATION

	For the Years Ended December 31,
	2020			2019
Net (loss) income attributable to Presidio Property Trust, Inc. common stockholders	$	(7,673,905	)	$	(610,206	)
Adjustments:
Income attributable to noncontrolling interests		1,412,507			1,383,140
Depreciation and amortization		6,274,321			7,364,688
Amortization of above and below market leases, net		(120,204	)		(130,529	)
Impairment of real estate assets		1,730,851			-
Gain on sale of real estate assets		(1,245,460	)		(6,319,272	)
FFO	$	378,110		$	1,687,821
Stock Based Compensation		1,105,272			686,133
Core FFO	$	1,483,382		$	2,373,954

SAME STORE ANALYSIS

	For the Years Ended December 31,						Variance
	2020			2019			$			%
Rental revenues	$	19,627,351		$	19,961,964		$	(334,613	)		(1.7	)%
Rental operating costs		8,618,676			8,480,847			137,829			1.6	%
Net operating income	$	11,008,675		$	11,481,117		$	(472,442	)		(4.1	)%
Operating Ratios:
Number of same properties		15			15						-
Occupancy, end of period		83.2	%		80.8	%					2.4	%
Operating costs as a percentage of total revenues		43.9	%		42.5	%					1.4	%

SEGMENT DATA

DEFINITIONS – NON-GAAP MEASUREMENTS

EBITDAre - EBITDAre is defined by Nareit as earnings before interest, taxes, depreciation and amortization, gain or loss on disposal of depreciated assets, and impairment write-offs.

Funds from Operations (“FFO”) – The Company evaluates performance based on Funds From Operations, which we refer to as FFO, as management believes that FFO represents the most accurate measure of activity and is the basis for distributions paid to equity holders. The Company defines FFO, a non-GAAP measure, as net income or loss (computed in accordance with GAAP), excluding gains (or losses) from sales of property, hedge ineffectiveness, acquisition costs of newly acquired properties that are not capitalized and lease acquisition costs that are not capitalized plus depreciation and amortization, including amortization of acquired above and below market lease intangibles and impairment charges on properties or investments in non-consolidated REITs, and after adjustments to exclude equity in income or losses from, and, to include the proportionate share of FFO from, non-consolidated REITs.

However, because FFO excludes depreciation and amortization and as well as the changes in the value of the Company’s properties that result from use or market conditions, each of which have real economic effects and could materially impact the Company’s results from operations, the utility of FFO as a measure of the Company’s performance is limited. In addition, other equity REITs may not calculate FFO in accordance with the NAREIT definition as the Company does, and, accordingly, the Company’s FFO may not be comparable to such other REITs’ FFO. Accordingly, FFO should be considered only as a supplement to net income as a measure of the Company’s performance.

Core Funds from Operations (“Core FFO”) – We calculate Core FFO, a non-GAAP measure, by using FFO as defined by NAREIT and adjusting for certain other non-core items. We also exclude from our Core FFO calculation acquisition costs, loss on early extinguishment of debt, changes in the fair value of the earn-out, changes in fair value of contingent consideration and the amortization of stock-based compensation.

We believe Core FFO provides a useful metric in comparing operations between reporting periods and in assessing the sustainability of our ongoing operating performance. Other equity REITs may calculate Core FFO differently or not at all, and, accordingly, the Company’s Core FFO may not be comparable to such other REITs’ Core FFO.

Same Store Net Operating Income (“Same Store NOI”) – Same Store NOI, a non-GAAP measure, is calculated as the NOI attributable to the properties continuously owned and operated for the entirety of the reporting periods presented. The Company’s definition of Same Store NOI excludes properties that were not stabilized during both of the applicable reporting periods. These exclusions may include, but are not limited to, acquisitions, dispositions and properties undergoing repositioning or significant renovations.

The Company evaluates the performance of its same-store property operating results based upon net operating income from continuing operations, which is a non-GAAP supplemental financial measure. The Company defines NOI as operating revenues (rental income, tenant reimbursements and other operating income) less property and related expenses (property operating expenses, real estate taxes, insurance and provision for bad debt) less interest expense. NOI excludes certain items that are not considered to be controllable in connection with the management of an asset such as non-property income and expenses, depreciation and amortization, asset management fees and corporate general and administrative expenses. The Company believes that net income is the GAAP measure that is most directly comparable to NOI; however, NOI should not be considered as an alternative to net income as the primary indicator of operating performance as it excludes the items described above. 

We believe Same Store NOI, a non-GAAP measure, is an important measure of comparison because it allows for comparison of operating results of stabilized properties owned and operated for the entirety of both applicable periods and therefore eliminates variations caused by acquisitions, dispositions or repositioning during such periods. Other REITs may calculate Same Store NOI differently and our calculation should not be compared to that of other REITs.