Note 7 - Mortgage Notes Payable (Tables)

9 Months Ended

Sep. 30, 2021

Notes Tables

Schedule of Debt [Table Text Block]

	Principal as of
	September 30,			December 31,			Loan	Interest
Mortgage note property	2021			2020			Type	Rate (1)			Maturity
Waterman Plaza (2)	$	—		$	3,207,952		Variable		—			—
World Plaza (3) (4)		—			5,802,568		Variable		2.91	%	7/5/2021
Garden Gateway Plaza (2)		—			5,861,523		Fixed		5.00	%	8/5/2021
300 N.P.		2,243,328			2,273,478		Fixed		4.95	%	6/11/2022
Highland Court (2)		—			6,274,815		Fixed		3.82	%	9/1/2022
Dakota Center		9,734,220			9,900,279		Fixed		4.74	%	7/6/2024
Research Parkway		1,719,390			1,760,432		Fixed		3.94	%	1/5/2025
Arapahoe Service Center		7,812,125			7,932,255		Fixed		4.34	%	1/5/2025
Union Town Center		8,197,495			8,315,550		Fixed		4.28	%	1/5/2025
One Park Centre		6,304,625			6,385,166		Fixed		4.77	%	9/5/2025
Genesis Plaza		6,196,202			6,276,273		Fixed		4.71	%	9/6/2025
Shea Center II		17,559,316			17,727,500		Fixed		4.92	%	1/5/2026
Executive Office Park (2)		—			2,985,998		Fixed		4.83	%	6/1/2027
West Fargo Industrial		4,177,334			4,262,718		Fixed		3.27	%	8/5/2029
Grand Pacific Center (5)		3,649,729			3,738,142		Fixed		4.02	%	8/1/2037
Subtotal, Presidio Property Trust, Inc. Properties	$	67,593,764		$	92,704,649
Model Home mortgage notes (3)		19,335,267			28,083,356		Fixed		(6	)		2021 - 2024
Mortgage Notes Payable	$	86,929,031		$	120,788,005
Unamortized loan costs		(673,351	)		(758,309	)
Mortgage Notes Payable, net	$	86,255,680		$	120,029,696

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
2021	$	336,488	$	606,375	$	942,863
2022		3,581,868		8,766,945		12,348,813
2023		1,410,835		4,241,024		5,651,859
2024		10,368,843		5,720,923		16,089,766
2025		28,770,832		—		28,770,832
Thereafter		23,124,898		—		23,124,898
Total	$	67,593,764	$	19,335,267	$	86,929,031