Five Year Minimum Rental Payments (Tables)

9 Months Ended

Sep. 30, 2022

Leases [Abstract]

Schedule of Estimated Future Minimum Rents

The estimated future minimum rents the Company expects to receive for the GR Property, FM Property, CO Property, Lewisville Property, the seven properties owned by the DST (the “DST properties”), Buchanan Property, Madison Ave Property, Valencia Property, De Anza Property, Fisher Road Property, and ON3 Property for each of the next five years and thereafter through the end of the primary term as of September 30, 2022 is as follows:

Year	GR Property		FM Property		CO Property		Lewisville Property		DST Properties		Buchanan Property		Madison Ave Property		Valencia Property		DeAnza Property		Fisher Road Property		ON3 Property		Total
2022 (remaining)		125,000		652,838		818,599		228,983		576,439		258,714		355,942		1,098,040		954,138		718,821		1,562,500		7,350,014
2023		500,000		2,663,909		3,286,073		943,411		2,305,756		1,075,458		1,459,361		4,523,923		3,864,652		2,910,564		6,257,625		29,790,732
2024		500,000		2,716,467		3,321,234		943,411		2,305,756		1,079,150		1,495,845		4,659,641		3,980,591		2,968,333		6,382,778		30,353,206
2025		500,000		2,770,526		3,356,771		971,713		2,320,167		1,079,150		1,533,241		4,799,430		4,067,880		3,026,878		6,510,433		30,936,189
2026		500,000		2,826,087		3,392,689		971,713		2,421,044		1,079,150		1,571,572		4,943,413		4,179,206		3,087,361		6,640,642		31,612,877
Thereafter		5,291,667		5,823,360		20,179,665		1,472,145		25,332,819		5,859,316		7,133,650		51,727,285		20,800,037		1,296,901		90,846,180		235,763,025
Total	$	7,416,667	$	17,453,187	$	34,355,031	$	5,531,376	$	35,261,981	$	10,430,938	$	13,549,611	$	71,751,732	$	37,846,504	$	14,008,858	$	118,200,158	$	365,806,043

Note: Multifamily properties have been excluded as the typical lease has a 1-year average lease term.