Acquired Lease Intangible Assets, Net (Tables)

6 Months Ended

Jun. 30, 2024

Above Market Leases [Member]

Finite-Lived Intangible Assets [Line Items]

Schedule of Intangible Assets, Net

Above-market leases, net is comprised of the following:

	As of June 30,			As of December 31,
	2024			2023
Above-market leases	$	1,657,256		$	1,657,256
Accumulated amortization		(373,326	)		(169,784	)
Above-market leases, net	$	1,283,931		$	1,487,472

Schedule of Future Amortization for Intangible Assets

The future amortization for above-market leases, net for subsequent years ending December 31, is listed below:

	As of June 30,
	2024
2024 (6 months remaining)	$	203,542
2025		407,083
2026		380,037
2027		161,539
2028		104,334
Thereafter		27,396
	$	1,283,931

Leases Acquired In Place [Member]

Finite-Lived Intangible Assets [Line Items]

Schedule of Intangible Assets, Net

In-place leases, net is comprised of the following:

	As of June 30,			As of December 31,
	2024			2023
In-place leases	$	8,269,790		$	8,914,075
Accumulated amortization		(2,511,249	)		(2,411,802	)
In-place leases, net	$	5,758,541		$	6,502,273

Schedule of Future Amortization for Intangible Assets

The future amortization for in-place leases, net for subsequent years ending December 31, is listed below:

	As of June 30,
	2024
2024 (6 months remaining)	$	689,796
2025		1,327,537
2026		1,226,285
2027		834,314
2028		632,157
Thereafter		1,048,453
	$	5,758,542