Consolidated Balance Sheets - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Investment in real estate
Land	$ 12,577,544	$ 9,443,445
Building and site improvements	39,764,890	31,581,864
Tenant Improvements	907,382	482,701
Acquired lease intangible assets	4,677,928	3,304,014
Less accumulated depreciation and amortization	(5,623,318)	(3,512,343)
Net real estate investments	52,304,426	41,299,681
Investment in tenancy-in-common	1,218,268	725,082
Cash and cash equivalents	3,718,496	10,589,576
Restricted cash	34,500	34,500
Deferred rent asset	288,797	156,842
Prepaid expenses	132,642	237,592
Accounts receivable	96,063	88,661
Escrow deposit and other assets	184,241	288,782
Right of use asset, net	6,232,662	0
Total Assets	64,210,095	53,420,716
Liabilities
Accounts payable	173,461	201,727
Accrued expenses	365,624	134,816
Accrued expense - related party	128,901	0
Acquired lease intangible liabilities, net	639,973	577,388
Insurance payable	46,368	33,359
Deferred rent liability	251,798	228,938
Lease liability, net	6,356,288	0
Other payable - related party	2,587,300	0
Loan payable - related party	1,500,000	0
Mortgage loans, net of unamortized debt issuance costs of $717,381 and $637,693 at December 31, 2022 and 2021, respectively	35,233,878	28,969,295
Total liabilities	47,283,591	30,145,523
Redeemable Non-Controlling Interests	5,789,731	9,134,979
Stockholders' Equity
Common stock, $0.01 par value, 100,000,000 shares authorized; 2,501,644 and 2,172,950 shares issued and outstanding at December 31, 2022 and December 31, 2021	25,016	21,729
Additional paid-in capital	19,307,518	19,051,929
Accumulated deficit	(8,640,796)	(5,403,156)
Total Generation Income Properties, Inc. stockholders' equity	10,691,738	13,670,502
Non-Controlling Interest	445,035	469,712
Total equity	11,136,773	14,140,214
Total Liabilities and Equity	$ 64,210,095	$ 53,420,716