Consolidated Balance Sheets - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Real estate investments:
Land	$ 41,126,392	$ 21,878,768
Building and improvements	176,367,798	108,590,813
Tenant origination and absorption costs	17,717,819	8,340,774
Total investments in real estate property	235,212,009	138,810,355
Accumulated depreciation and amortization	(10,563,664)	(3,574,739)
Total investments in real estate property, net	224,648,345	135,235,616
Investments in unconsolidated entities (Note 5)	14,275,815	14,524,022
Total investments in real estate property, net	238,924,160	149,759,638
Cash and cash equivalents	5,252,686	3,238,173
Restricted cash	3,503,242	944,582
Tenant receivables	3,659,114	1,263,095
Above-market lease intangibles, net	584,248	681,293
Due from affiliates (Note 8)	16,838	34,194
Purchase and other deposits	100,000	40,000
Prepaid expenses and other assets	234,399	1,104,573
Interest rate swap derivatives	151,215	7,899
Total assets	252,425,902	157,073,447
Liabilities and Stockholders' Equity
Mortgage notes payable, net	122,709,308	60,487,303
Unsecured credit facility, net	8,998,000	12,000,000
Accounts payable, accrued and other liabilities	7,164,713	2,411,484
Share repurchases payable	584,676	386,839
Below-market lease intangibles, net	2,595,382	1,584,229
Due to affiliates (Note 8)	979,174	907,377
Interest rate swap derivatives	300,929	0
Total liabilities	143,332,182	77,777,232
Commitments and contingencies (Note 9)
Redeemable common stock	6,000,951	46,349
Preferred stock, $0.001 par value, 50,000,000 shares authorized, no shares issued and outstanding	0	0
Additional paid-in-capital	119,247,245	85,324,921
Cumulative distributions and net losses	(16,167,437)	(6,083,896)
Total stockholders' equity	103,092,769	79,249,866
Total liabilities and stockholders' equity	252,425,902	157,073,447
Common Class C
Liabilities and Stockholders' Equity
Common stock, value, issued	12,943	8,838
Common Class S
Liabilities and Stockholders' Equity
Common stock, value, issued	$ 18	$ 3