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Acquired Lease Intangible Assets, net (Tables)
12 Months Ended
Dec. 31, 2025
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Schedule of Intangible Assets, Net

Intangible assets, net is comprised of the following:

 

 

As of December 31,

 

 

As of December 31,

 

 

2025

 

 

2024

 

Acquired lease intangible assets

$

9,444,402

 

 

$

10,504,740

 

Accumulated amortization

 

(4,228,094

)

 

 

(3,821,035

)

Acquired lease intangible assets, net

$

5,216,308

 

 

$

6,683,705

 

Schedule of Future Amortization for Intangible Assets

The future amortization for intangible assets is listed below:

 

 

As of December 31,

 

 

2025

 

2026

$

1,294,686

 

2027

 

1,095,466

 

2028

 

850,310

 

2029

 

588,481

 

2030

 

197,939

 

Thereafter

 

1,189,426

 

 

$

5,216,308