Presidio Property Trust, Inc.

Geographic Diversification Table

The following table shows a list of properties we owned as of December 31, 2025, grouped by the state where each of our investments is located.

Office/Industrial and Retail Properties:

State · No. of Properties · Aggregate Square Feet · Approximate % of Square Feet · Current Base Annual Rent · Approximate % of Aggregate Annual Rent

California · 1 · 57,807 · 7.5 · 1,636,781 · 15.3

Colorado · 3 · 269,502 · 35.1 · 4,424,654 · 41.3

Maryland · 1 · 31,752 · 4.1 · 739,050 · 6.9

North Dakota · 4 · 399,114 · 51.9 · 3,553,243 · 33.2

Texas · 1 · 10,500 · 1.4 · 349,546 · 3.3

Total · 10 · 768,675 · 100.0 · 10,703,274 · 100.0

State · No. of Properties · Aggregate Square Feet · Approximate % of Square Feet · Current Base Annual Rent · Approximate % of Aggregate Annual Rent

Alabama · 10 · 23,835 · 10.0 · 347,064 · 10.0

Arizona · 1 · 3,474 · 1.5 · 74,280 · 2.1

Tennessee · 2 · 5,534 · 2.3 · 89,304 · 2.6

Texas · 67 · 205,138 · 86.2 · 2,955,864 · 85.3

Total · 80 · 237,981 · 100.0 · 3,466,512 · 100.0

The following table summarizes information relating to our properties (excluding model homes) at December 31, 2025:

Property Summary

($ in000's) Property Location · Sq., Ft. · Date Acquired · Year Property Constructed · Purchase Price · Occupancy · Percent Ownership · Mortgage On property

Genesis Plaza, San Diego, CA (1) · 57,807 · 08/10 · 1989 · 10,000 · 100.0 · 92.0 · 6,250

Dakota Center, Fargo, ND (2) · 119,554 · 05/11 · 1982 · 9,575 · 46.1 · 100.0 · 8,740

Grand Pacific Center, Bismarck, ND · 94,943 · 03/14 · 1976 · 5,339 · 88.6 · 100.0 · 6,392

Arapahoe Center, Colorado Springs, CO · 79,023 · 12/14 · 2000 · 11,850 · 100.0 · 100.0 · 8,670

West Fargo Industrial, West Fargo, ND · 150,099 · 08/15 · 1998/2005 · 7,900 · 96.5 · 100.0 · 5,750

300 N.P., West Fargo, ND · 34,517 · 08/15 · 1922 · 3,850 · 66.4 · 100.0 · -

One Park Centre, Westminster CO · 69,174 · 08/15 · 1983 · 9,150 · 84.0 · 100.0 · 6,100

Shea Center II, Highlands Ranch, CO (3) · 121,306 · 12/15 · 2000 · 25,961 · 71.5 · 100.0 · 16,432

Baltimore, Baltimore, MD · 31,752 · 12/21 · 2006 · 8,892 · 100.0 · 100.0 · 5,670

Total Office/Industrial Properties · 758,175 · 92,517 · 82.1 · 64,004

Mandolin, Houston, TX (4) · 10,500 · 08/21 · 2021 · 4,892 · 100.0 · 61.3 · 3,458

Total Retail Properties · 10,500 · 4,892 · 100.0 · 3,458

(1) · Genesis Plaza is owned by two tenants-in-common, NetREIT Genesis and NetREIT Genessis II, each of which own 57% and 43%, respectively, and we beneficially own an aggregate of 92.0%, based on our ownership of each entity. We have 100% ownership of NetREIT Genesis and 81.5% ownership of NetREIT Genesis II, and we have control of both entities. During July 2024, the Company completed a minority ownership conversion option as result of a death in a noncontrolling trust within NetREIT Genesis II. The Company issued the trust 86,232 shares of SQFT Series A Common Stock in exchange for their 36.4% ownership in NetREIT Genesis II, as per the original exchange agreement.

(2) · The non-recourse loan on the Dakota Center property matured on July 6, 2024. During December 2024, the lender agreed to the broker the Company would use to sell the property to settle the non-recourse debt. At December 31, 2025, the property was included in the real estate assets held for sale, net on the consolidated balance sheet. During July 2025, the lender approved a purchase offer from a third party for $5,125,000. In connection with the sale, we have impaired the property’s book value and recorded an impairment charge of approximately $3.5 million for the year ended December 31, 2025. The sale took place in January of 2026.

(3) · During the year ended December 31, 2025, the Company impaired Shea Center II for a total of approximately $2.5 million after low property occupancy triggered a cash management event under the terms of the loan agreement. Subsequent to the year ended December 31, 2025, the Company received notice that the Company's failure to repay in full by January 5, 2026 the indebtedness related to the loan agreement governing Shea Center II had triggered a default event. The Company has received notification that the Shea Center II property governed by this agreement will be moved into receivership, which will fulfill its obligation for this non-recourse loan.

• NetREIT UTC, LLC Delaware⁴
• NetREIT West Fargo, LLC Delaware⁴
• NetREIT Westminster, LLC Delaware⁴
• PPT Baltimore, LLC Delaware⁴

• We may not be able to achieve growth through acquisitions at a rate that is comparable to our historical results, which could materially and adversely affect us.
• Our inability to sell a property at the time and on the terms we desire could limit our ability to realize a gain on our investments and pay distributions to our stockholders.
• Lease default or termination by one of our major tenants could adversely impact our operations and our ability to pay dividends.
• A property that becomes vacant could be difficult to sell or re-lease and could have a material adverse effect on our operations.
• We may incur substantial costs in improving our properties.
• Uninsured and/or underinsured losses may adversely affect returns to our stockholders.
• Since we are not required to maintain specific levels of cash reserves, we may have difficulty in the event of increased or unanticipated expenses.
• We may have to extend credit to buyers of our properties and a default by such buyers could have a material adverse effect on our operations and our ability to pay dividends.
• We may be adversely affected by trends in office real estate.
• We may acquire properties in joint ventures, partnerships or through limited liability companies, which could limit our ability to control or liquidate such holdings.
• As a general partner or member in DownREIT entities, we could be responsible for all liabilities of such entities.
• Our ability to operate a property may be limited by contract, which could prevent us from obtaining the maximum value from such properties.
• We may acquire properties “as is,” which increases the risk that we will have to remedy defects or costs without recourse to the seller.
• Representations and warranties made by us in connection with sales of our properties may subject us to liability that could result in losses and could harm our operating results and, therefore, our ability to make distributions to our stockholders.
• In a sale-leaseback transaction, we are at risk that our seller/lessee will default, which could impair our operations and limit our ability to pay dividends.
• Our model home business is substantially dependent on the supply and/or demand for single family homes.
• We may be unable to acquire and/or manage additional model homes at competitive prices or at all.
• There are a limited number of model homes and competition to buy these properties may be significant.
• A significant percentage of our properties are concentrated in a small number of states, which exposes our business to the effects of certain regional events and occurrences.
• We may be required under applicable accounting principles and standards to make impairment charges against one or more of our properties.
• Discovery of toxic mold on our properties may adversely affect our results of operation.
• Our long-term growth may depend on obtaining additional equity capital.
• Recent market conditions may make it more difficult to analyze potential opportunities for our portfolio of properties.
• We currently are dependent on internal cash from our operations, financing and proceeds from property sales to fund future property acquisitions, meet our operational costs and pay dividends to our stockholders.
• There can be no assurance that distributions will be paid, maintained or increased over time.
• If we are unable to find suitable investments, we may not be able to achieve our investment objectives or continue to pay distributions.
• We depend on key personnel, and the loss of such persons could impair our ability to achieve our business objectives.
• We rely on third-party property managers to manage some of our properties and brokers or agents to lease our properties.
• We may change our investment and business policies without stockholder consent, and such changes could increase our exposure to operational risks.
• If we are deemed to be an investment company under the Investment Company Act, our stockholders’ investment return may be reduced.
• Provisions of Maryland law may limit the ability of a third party to acquire control of us by requiring our Board of Directors or stockholders to approve proposals to acquire our Company or effect a change in control.
• Our rights and the rights of our stockholders to take action against our directors and officers are limited.
• Our management faces certain conflicts of interest with respect to their other positions and/or interests outside of our Company, which could hinder our ability to implement our business strategy and to generate returns to our stockholders.
• Possible future transactions with our management or their affiliates could create a conflict of interest, which could result in actions that are not in the long-term best interests of our stockholders.
• We face system security risks as we depend on automated processes and the Internet.
• Risks related to cyber-attacks, cyber intrusions and other security breaches.
• Our failure to adopt, or use of advancements in information technology presents risks and challenges that may put us at a competitive disadvantage and adversely impact our business, reputation, results of operations, and financial condition.
• If any of the banking institutions in which we deposit funds ultimately fails, we may lose any amounts of our deposits over federally insured levels which could reduce the amount of cash we have available to distribute or invest and could result in a decline in our value.
• Risks Related to our Indebtedness
• We have significant outstanding indebtedness, which requires that we generate sufficient cash flow to satisfy the payment and other obligations under the terms of our debt and exposes us to the risk of default under the terms of our debt.
• Mortgage indebtedness and other borrowings increase our operational risks.
• Lenders often require restrictive covenants relating to our operations, which adversely affects our flexibility and may affect our ability to achieve our investment objectives.
• Financing arrangements involving balloon payment obligations may adversely affect our ability to pay distributions.
• Risks Related to our Status as a REIT and Related Federal Income Tax Matters
• Failure to qualify as a REIT could adversely affect our operations and our ability to pay distributions.
• As a REIT, we may be subject to tax liabilities that reduce our cash flow.
• Our ownership of taxable REIT subsidiaries is subject to certain restrictions, and we will be required to pay a 100% penalty tax on certain income or deductions if our transactions with our taxable REIT subsidiaries are not conducted on arm’s length terms.
• We may be forced to borrow funds on a short-term basis, to sell assets or to issue securities to meet the REIT minimum distribution or other requirements or for working capital purposes.
• The tax imposed on REITs engaging in “prohibited transactions” may limit our ability to engage in transactions that would be treated as sales for U.S. federal income tax purposes.
• Legislative or other actions affecting REITs could have a negative effect on our investors or us.
• The stock ownership limit imposed by the Code for REITs and our charter may discourage a takeover that could otherwise result in a premium price for our stockholders.
• Dividends payable by REITs generally are taxed at the higher ordinary income rate, which could reduce the net cash received by stockholders and may be detrimental to our ability to raise additional funds through any future sale of our common stock.
• Tax-exempt stockholders will be taxed on our distributions to the extent such distributions are unrelated business taxable income.
• Risks Related to our Common Stock, Preferred Stock and Series A Warrants
• If we are unable to comply with the continued listing requirements of the Nasdaq Capital Market, our common stock could be delisted, which could affect our common stock's market price and liquidity and reduce our ability to raise capital.
• Our Series D Preferred Stock is subordinate to our existing and future debt, and your interests could be diluted by the issuance of additional preferred stock and by other transactions.
• As a holder of shares of the Series D Preferred Stock, you have extremely limited voting rights.
• Our cash available for distributions may not be sufficient to pay distributions on the Series D Preferred Stock at expected levels, and we cannot assure you of our ability to pay distributions in the future. We may use borrowed funds or funds from other sources to pay distributions, which may adversely impact our operations.
• We could be prevented from paying cash dividends on the Series D Preferred Stock due to prescribed legal requirements.
• We may redeem the Series D Preferred Stock and you may not receive dividends that you anticipate if we redeem the Series D Preferred Stock.
• Holders of shares of the Series D Preferred Stock should not expect us to redeem the Series D Preferred Stock on or after the date they become redeemable at our option.
• The Series D Preferred Stock is not convertible into shares of our common stock, and investors will not realize a corresponding upside if the price of the common stock increases.
• The Change of Control right may make it more difficult for a party to acquire us or discourage a party from acquiring us.
• Our bylaws provide that, unless we consent in writing to the selection of an alternative forum, the Circuit Court for Baltimore City, Maryland, or, if that court does not have jurisdiction, the United States District Court for the District of Maryland, Baltimore Division, will be the sole and exclusive forum for certain actions, which could limit our stockholders’ ability to obtain a favorable judicial forum for disputes with the Company.
• Listing on Nasdaq does not guarantee an active market for the Series D Preferred Stock and the market price and trading volume of the Series D Preferred Stock may fluctuate significantly.
• If the Series D Preferred Stock is delisted, the ability to transfer or sell shares of the Series D Preferred Stock may be limited and the market value of the Series D Preferred Stock will likely be materially adversely affected.
• Market interest rates may have an effect on the value of the Series D Preferred Stock.
• In the event of a liquidation, you may not receive the full amount of your liquidation preference.