# GENERATION INCOME PROPERTIES, INC. (GIPRW) — divestiture/asset_sale [completed]
Source: SEC API (secapi.ai) · situation sit_ee1ffc2baefd0b2eaa7d · retrieved 2026-08-11T15:49:14.535Z

## Overview
On July 15, 2026, GIPCA 991 Nut Tree Road, LLC, an indirect wholly owned subsidiary of Generation Income Properties, Inc., completed the sale of its net lease property located at 991 Nut Tree Road, Vacaville, California to Taricens Medical Estates LLC, a California limited liability company. The property, occupied by the United States of America under a lease dated August 18, 2010 (as amended), was sold for a purchase price of $2,475,000. After payment of closing costs, brokerage commissions, and other customary closing adjustments, the Company received net proceeds of approximately $2,356,757.

## Terms
- Counterparty: Taricens Medical Estates LLC · Deal value: $2.5M · Consideration: cash

## Key dates
- Announced 2026-07-21 · Completed 2026-07-21

## Timeline
- 2026-07-21 · 8-K (0001193125-26-310331): 8-K 8-K
  https://www.sec.gov/Archives/edgar/data/1651721/000119312526310331/gipr-20260715.htm

## Citations
- 0001193125-26-310331 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526310331