Consolidated Balance Sheets - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Real estate properties
Land	$ 32,528,667	$ 25,147,732
Building and improvements	125,168,945	92,873,637
Tenant improvements	2,910,913	2,562,293
Total real estate properties	160,608,525	120,583,662
Less: Accumulated depreciation	(10,735,163)	(8,813,579)
Total real estate properties, net	149,873,362	111,770,083
Cash	4,895,427	12,475,537
Rent and other receivables	1,991,301	1,710,314
Prepaid expenses and other assets, net	4,667,105	2,752,862
Escrow and reserves	714,251	708,066
Deferred rent receivable	87,035	33,344
In-place lease intangibles, net	8,258,395	7,315,867
Above market leases, net	22,590	22,124
Total Assets	170,509,466	136,788,197
Liabilities:
Secured borrowings, net	16,623,546	3,211,004
Revolving credit facility	67,469,056	54,000,000
Accounts payable, accrued expenses and other	4,236,786	3,152,799
Below market leases, net	7,639,889	6,601,119
Total Liabilities	95,969,277	66,964,922
Commitments and Contingencies
Equity:
Class A common stock, par value $0.01 per share; 500,000,000 shares authorized, 5,423,861 and 5,285,904 shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively	54,239	52,859
Class B common stock, par value $0.01 per share; 27,206 shares authorized: 27,206 shares issued and outstanding as of June 30, 2020 and December 31, 2019	272	272
Additional paid-in capital	54,351,945	51,396,226
Accumulated deficit	(5,416,113)	(2,575,754)
Total Stockholders' Equity	48,990,343	48,873,603
Operating Partnership unitholders' non-controlling interests	25,549,846	20,949,672
Total Equity	74,540,189	69,823,275
Total Liabilities and Equity	$ 170,509,466	$ 136,788,197