Rentals under Operating Leases

9 Months Ended

Sep. 30, 2024

Rentals under Operating Leases

Rentals under Operating Leases

6.      Rentals under Operating Leases

Future minimum rents (based on recognizing future rents on the straight-line basis) to be received under noncancelable tenant operating leases for each of the next five years and thereafter, excluding common area maintenance and other expense pass-throughs, as of September 30, 2024 are as follows:

For the remaining three months ending December 31, 2024	$	1,896,919
2025		7,300,523
2026		5,555,811
2027		4,592,190
2028		3,810,866
Thereafter		8,844,859
Total minimum rents	$	32,001,168