Exhibit 107

Calculation of Filing Fee Tables

FORM S-11

(Form Type)

 

 

Generation Income Properties, Inc.

(Exact name of Registrant as specified in its charter)

Table 1: Newly Registered and Carry Forward Securities

 

                 
    

Security

Type

  Security
Class
Title
  Fee
Calculation
or Carry
Forward
Rule
  Amount
Registered
  Proposed
Maximum
Offering
Price Per
Unit
 

Maximum
Aggregate
Offering

Price

  Fee
Rate
  Amount of
Registration
Fee
                 
Fees to be Paid   Equity   Common Stock, par value $0.01 per share   457(c)   3,000,000(1)   $4.00(2)   $12,000,000    0.0001102    $1,322.40
         
    Total Offering Amounts   $12,000,000     $1,322.40
         
    Total Fees Previously Paid      
         
    Total Fee Offsets      
         
    Net Fee Due           $1,322.40

 

(1)

This Registration Statement relates to shares of our common stock, par value $0.01 per share, which will be (1) distributed by Modiv Operating Partnership, L.P., a Delaware limited partnership (“Modiv OP”) to the holders of Class C units of Modiv OP, including Modiv Inc., now known as Modiv Industrial, Inc. (“Modiv”), and the subsequent distribution by Modiv to the holders of its common stock and (2) offered by the selling shareholder named herein. The amount of our shares of common stock to be registered represents the maximum number of shares of our common stock that will be distributed as described above and offered by the selling shareholder named herein.

(2)

The proposed maximum offering price per share is estimated solely for purposes of calculating the registration fee according to Rule 457(c) under the Securities Act based on the average of the high and low prices of the registrant’s common stock quoted on The Nasdaq Capital Market on September 25, 2023.