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Investments in Real Estate (Tables)
3 Months Ended
Mar. 31, 2022
Schedule of Acquired Properties

 

 

Fresenius -Chicago, IL

 

 

Starbucks -Tampa, FL

 

 

Kohl's -Tucson, AZ

 

 

Total

 

Property and improvements

$

2,885,732

 

 

$

2,144,121

 

 

$

6,153,408

 

 

$

11,183,261

 

Tenant improvements

 

55,041

 

 

 

20,504

 

 

 

349,136

 

 

 

424,681

 

Acquired lease intangible assets

 

276,013

 

 

 

112,830

 

 

 

981,203

 

 

 

1,370,046

 

Total investments

 

3,216,786

 

 

 

2,277,455

 

 

 

7,483,747

 

 

 

12,977,988

 

Less acquired lease intangible liabilities

 

(19,864

)

 

 

(13,497

)

 

 

(131,999

)

 

 

(165,360

)

Total investments, net

$

3,196,922

 

 

$

2,263,958

 

 

$

7,351,748

 

 

$

12,812,628

 

 

GSA-FBI @ Mateo, NC  
Schedule of Acquired Properties

During the three months ended March 31, 2021, the Company acquired one property.

 

 

GSA- Manteo, NC

 

Property

$

2,149,015

 

Tenant improvements

 

-

 

Acquired lease intangible assets

 

100,379

 

Total investments

 

2,249,394

 

Less acquired lease intangible liabilities

 

(511,620

)

Total investments

$

1,737,774