Investments in Real Estate (Tables)

9 Months Ended

Sep. 30, 2022

Schedule of Acquired Properties

The following table details the properties acquired during the three and nine months ended September 30, 2022.

	Fresenius-Chicago, IL			Starbucks -Tampa, FL			Kohl's -Tucson, AZ			Total
Land	$	1,690,837		$	1,443,262		$	-		$	3,134,099
Building and site improvements		1,217,395			700,859			6,175,908			8,094,162
Tenant improvements		55,041			20,504			349,136			424,681
Acquired lease intangible assets		276,013			112,830			981,203			1,370,046
Total real estate investments	$	3,239,286		$	2,277,455		$	7,506,247		$	13,022,988
Right of use asset		-			-			6,304,334			6,304,334
Less: Acquired lease intangible liabilities		(19,864	)		(13,497	)		(131,999	)		(165,360	)
Less: Lease liability		-			-			(6,304,334	)		(6,304,334	)
Total real estate investments, net	$	3,219,422		$	2,263,958		$	7,374,248		$	12,857,628

Property of GSA-Manteo, NC and Irby Construction-Plant City, FL

Schedule of Acquired Properties

The following table details the properties acquired during the three and nine months ended September 30, 2021:

	GSA-Manteo, NC			Irby Construction-Plant City, FL		Total
Land	$	341,949		$	1,212,213	$	1,554,162
Building and site improvements		1,807,066			423,611		2,230,677
Acquired lease intangible assets		100,379			121,509		221,888
Total real estate investments		2,249,394			1,757,333		4,006,727
Less Acquired lease intangible liabilities		(511,620	)		-		(511,620	)
Total real estate investments, net	$	1,737,774		$	1,757,333	$	3,495,107