Modiv (MDV) POS AM 17 Apr 17 Prospectus update (post-effective amendment) Financial data

Document And Entity Information

Document And Entity Information	12 Months Ended
	Dec. 31, 2016
Document Information [Line Items]
Document Type	POS AM
Entity Registrant Name	Rich Uncles NNN REIT, Inc.
Entity Central Index Key	1,645,873
Amendment Flag	false
Document Period End Date	Dec. 31, 2016
Entity Filer Category	Smaller Reporting Company

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Real estate investments:
Land	$ 5,369,238	$ 0
Building and improvements	24,243,072	0
Tenant origination and absorption costs	3,632,731	0
Total real estate investments, cost	33,245,041	0
Accumulated depreciation and amortization	(493,185)	0
Total real estate investments, net	32,751,856	0
Cash and cash equivalents	3,431,769	200,815
Restricted cash	245,604	0
Above-market lease intangibles, net	148,577	0
Investment in Rich Uncles REIT I	3,523,809	0
Due from affiliates	108,433
Prepaid expenses and other assets	1,092,512	0
TOTAL ASSETS	41,302,560	200,815
LIABILITIES & STOCKHOLDERS’ EQUITY
Unsecured credit facility, net	10,156,685	0
Mortgage note payable, net	7,113,701	0
Below-market lease intangibles, net	150,767
Accounts payable, accrued and other liabilities	1,070,219	0
Due to affiliates	383,422	7,000
TOTAL LIABILITIES	18,874,794	7,000
Commitments and contingencies (Note 9)
Redeemable common stock	196,660	0
Preferred stock, $0.001 par value, 50,000,000 shares authorized, no shares issued and outstanding	0	0
Common stock $0.001 par value, 200,000,000 shares authorized, 2,458,881 and 20,000 shares issued and outstanding as of December 31, 2016 and December 31, 2015, respectively	2,458	20
Additional paid-in-capital	23,643,435	199,980
Cumulative distributions and net losses	(1,414,787)	(6,185)
TOTAL STOCKHOLDERS' EQUITY	22,231,106	193,815
TOTAL LIABILITIES & STOCKHOLDERS’ EQUITY	$ 41,302,560	$ 200,815

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2016	Dec. 31, 2015
Preferred Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Preferred Stock, Shares Authorized	50,000,000	50,000,000
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares Authorized	200,000,000	200,000,000
Common Stock, Shares, Issued	2,458,881	20,000
Common Stock, Shares, Outstanding	2,458,881	20,000

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	8 Months Ended	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2016
Revenues:
Rental income	$ 0	$ 709,982
Tenant reimbursements	0	151,762
Total revenues	0	861,744
Expenses:
Property expenses	0	171,063
Fees to affiliates (Note 7)	0	591,073
General and administrative	6,185	1,276,535
Depreciation and amortization	0	493,185
Interest expense	0	395,110
Acquisition costs	0	73,027
Total expenses	6,185	2,999,993
Less: Expenses reimbursed/fees waived by Sponsor or affiliates (Note 7)	0	(979,102)
Net expenses	6,185	2,020,891
Other income (loss):
Interest income	0	977
Equity in losses from investment in Rich Uncles REIT I	0	(79,271)
Total other (loss) income	0	(78,294)
Net loss	$ (6,185)	$ (1,237,441)
Net loss per common share, basic and diluted	$ (4.95)	$ (2.89)
Weighted-average number of common shares outstanding, basic and diluted	1,250	428,255

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($)	Total	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]
Balance at May. 13, 2015	$ 0	$ 0	$ 0	$ 0	$ 0
Balance (in shares) at May. 13, 2015		0	0
Issuance of common stock	200,000	$ 0	$ 20	199,980	0
Issuance of common stock (in shares)		0	20,000
Net loss	(6,185)	$ 0	$ 0	0	(6,185)
Balance at Dec. 31, 2015	193,815	$ 0	$ 20	199,980	(6,185)
Balance (in shares) at Dec. 31, 2015		0	20,000
Issuance of common stock	24,377,178	$ 0	$ 2,438	24,374,740	0
Issuance of common stock (in shares)		0	2,437,718
Distributions declared	(171,161)	$ 0	$ 0	0	(171,161)
Stock compensation	98,000	$ 0	$ 10	97,990	0
Stock compensation (in shares)		0	9,800
Redemptions of common stock	(83,843)	$ 0	$ (10)	(83,833)	0
Redemptions of common stock ( In shares)		0	(8,637)
Offering costs	(731,315)	$ 0	$ 0	(731,315)	0
Net loss	(1,237,441)	0	0	0	(1,237,441)
Transfers to redeemable common stock	(214,127)	0	0	(214,127)	0
Balance at Dec. 31, 2016	$ 22,231,106	$ 0	$ 2,458	$ 23,643,435	$ (1,414,787)
Balance (in shares) at Dec. 31, 2016		0	2,458,881

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	8 Months Ended	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (6,185)	$ (1,237,441)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:
Depreciation and amortization	0	493,185
Stock compensation expense	0	98,000
Deferred rents	0	28,335
Amortization of deferred financing costs	0	19,651
Amortization of above- and below-market lease intangibles, net	0	17,209
Equity in losses from investment in Rich Uncles REIT I	0	79,271
Changes in operating assets and liabilities:
Due to affiliate	7,000	22,577
Due from affiliate		(79,862)
Other assets	0	(85,347)
Accounts payable, accrued and other liabilities	0	517,252
Net cash (used in) provided by operating activities	815	(127,170)
CASH FLOWS FROM INVESTING ACTIVITIES
Acquisition of real estate investments	0	(32,985,860)
Investment in Rich Uncles REIT I	0	(3,640,634)
Distributions from investment in Rich Uncles REIT I		37,554
Funding of amounts due from affiliate		(28,571)
Escrow deposits for future real estate acquisition	0	(500,000)
Net cash used in investing activities	0	(37,117,511)
CASH FLOWS FROM FINANCING ACTIVITIES
Borrowings from unsecured credit facility	0	24,215,000
Repayments of unsecured credit facility	0	(14,057,197)
Proceeds from mortgage note payable	0	7,319,700
Principal payments on mortgage note payable	0	(53,555)
Payments of deferred financing costs	0	(173,213)
Payments of offering costs	0	(651,670)
Proceeds from issuance of common stock	200,000	24,252,182
Payments to redeem common stock	0	(83,843)
Distributions paid to common stockholders	0	(46,165)
Net cash provided by financing activities	200,000	40,721,239
Net cash increase in cash, cash equivalents and restricted cash	200,815	3,476,558
Cash, cash equivalents and restricted cash, beginning of period	0	200,815
Cash, cash equivalents and restricted cash, end of period	200,815	3,431,769
Supplemental disclosure of cash flow information:
Cash paid for interest	0	349,120
Supplemental disclosure of noncash flow information:
Transfers to redeemable common stock	0	214,127
Increase in lease incentive obligation	0	535,500
Reinvested distributions to investment in Rich Uncles REIT I	0	2,885
Capitalized acquisition fee payable		274,200
Increase in redeemable common stock payable	0	17,467
Increase in other offering costs due to affiliates	0	79,645
Distributions paid to common stockholders through common stock issuance pursuant to the dividend reinvestment plan	$ 0	$ 124,996

BUSINESS AND ORGANIZATION

BUSINESS AND ORGANIZATION	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Business Description and Basis of Presentation [Text Block]	NOTE 1. BUSINESS AND ORGANIZATION Rich Uncles NNN REIT, Inc. (the “Company”) was incorporated on May 14, 2015 as a Maryland corporation that expects to elect to qualify as a real estate investment trust (“REIT”) for the year ended December 31, 2016. The Company was originally incorporated under the name Rich Uncles Real Estate Investment Trust, Inc., but amended its name on October 19, 2015 to Rich Uncles NNN REIT, Inc. The Company has the authority to issue 250,000,000 200,000,000 0.001 50,000,000 0.001 10.00 500 The Company will hold its investments through special purpose wholly owned limited liability companies or through Rich Uncles NNN Operating Partners, L.P., a Delaware limited partnership (the “Operating Partnership”). The Operating Partnership was formed on January 28, 2016. The Company is the sole general partner of, and owns a 99 1 Subject to certain restrictions and limitations, the business of the Company is externally managed by its advisor, Rich Uncles NNN REIT Operator, LLC (the “Advisor”), an affiliate of the Company, pursuant to an advisory agreement, as amended (the “Advisory Agreement”). The Advisor is wholly owned by the Company’s sponsor, Rich Uncles, LLC (the “Sponsor”). On June 24, 2015 and December 31, 2015, the Company issued 10,000 10.00 On July 15, 2015, the Company filed a registration statement on Form S-11 with the Securities and Exchange Commission (the “SEC”) to register an initial public offering of its common stock to offer a maximum of $ 900,000,000 100,000,000 On July 20, 2016, the Company began offering shares to the public, and through December 31, 2016, the Company had sold 2,437,718 24,377,178 12,500 125,000 8,637 83,843 As of December 31, 2016, the Company had invested in seven retail properties and two office properties. The Company continues to offer shares of common stock under the Offering. In some states, the Company will need to renew the registration statement annually or file a new registration statement to continue the Offering. The Company may terminate the Offering at any time.

SUMMARY OF SIGNIFICANT ACOUNTIN

SUMMARY OF SIGNIFICANT ACOUNTING POLICIES	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	The consolidated financial statements are prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) as contained within the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) and the rules and regulations of the SEC. The consolidated financial statements include the accounts of the Company, NNN LP, the Operating Partnership and their direct and indirect wholly owned subsidiaries. All significant intercompany balances and transactions are eliminated in consolidation. Use of Estimates The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results may differ from those estimates. Cash and Cash Equivalents The Company considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents. Cash equivalents may include cash and short-term investments. Cash and cash equivalents are stated at cost, which approximates fair value. The Company’s cash and cash equivalents balance may exceed federally insurable limits. The Company intends to mitigate this risk by depositing funds with major financial institutions; however, these cash balances could be impacted if the underlying financial institutions fail or are subject to other adverse conditions in the financial markets. Restricted Cash Restricted cash is comprised of funds which are held in escrow or are otherwise restricted for use as required by certain lenders in conjunction with an acquisition or debt financing. Real Estate Acquisition Valuation The Company records acquisitions that meet the definition of a business as a business combination. If the acquisition does not meet the definition of a business, the Company records the acquisition as an asset acquisition. Under both methods, all assets acquired and liabilities assumed are measured based on their acquisition-date fair values. Transaction costs that are related to a business combination are charged to expense as incurred. Transaction costs that are related to an asset acquisition are capitalized as incurred. The Company assesses the acquisition date fair values of all tangible assets, identifiable intangibles, and assumed liabilities using methods similar to those used by independent appraisers, generally utilizing a discounted cash flow analysis that applies appropriate discount and/or capitalization rates and available market information. Estimates of future cash flows are based on a number of factors, including historical operating results, known and anticipated trends, and market and economic conditions. The fair value of tangible assets of an acquired property considers the value of the property as if it were vacant. The Company records above-market and below-market in-place lease values for acquired Properties based on the present value (using a discount rate that reflects the risks associated with the leases acquired) of the difference between (i) the contractual amounts to be paid pursuant to the in-place leases and (ii) management’s estimate of fair market lease rates for the corresponding in-place leases, measured over a period equal to the remaining noncancelable term of above-market in-place leases and for the initial term plus any extended term for any leases with below-market renewal options. The Company amortizes any recorded above-market or below-market lease values as a reduction or increase, respectively, to rental income over the remaining noncancelable terms of the respective lease, including any below-market renewal periods. The Company estimates the value of tenant origination and absorption costs by considering the estimated carrying costs during hypothetical expected lease-up periods, considering current market conditions. In estimating carrying costs, the Company includes real estate taxes, insurance and other operating expenses and estimates of lost rentals at market rates during the expected lease up periods. The Company amortizes the value of tenant origination and absorption costs to depreciation and amortization expense over the remaining noncancelable term of the respective lease. Estimates of the fair values of the tangible assets, identifiable intangibles and assumed liabilities require the Company to make significant assumptions to estimate market lease rates, property-operating expenses, carrying costs during lease-up periods, discount rates, market absorption periods, and the number of years the property will be held for investment. The use of inappropriate assumptions would result in an incorrect valuation of the Company’s acquired tangible assets, identifiable intangibles and assumed liabilities, which would impact the amount of the Company’s net income (loss). Real estate costs related to the acquisition and improvement of Properties are capitalized and amortized over the expected useful life of the asset on a straight-line basis. Repair and maintenance costs include all costs that do not extend the useful life of the real estate asset and are expensed as incurred. Significant replacements and betterments are capitalized. The Company anticipates the estimated useful lives of its assets by class to be generally as follows: · Buildings 35 40 · Site improvements 15 · Tenant improvements 15 · Tenant origination and absorption costs, and above-/below-market lease intangibles Remaining contractual lease term with consideration as to above- and below-market extension options for above- and below-market lease intangibles The Company continually monitors events and changes in circumstances that could indicate that the carrying amounts of real estate and related intangible assets may not be recoverable. When indicators of potential impairment are present that indicate that the carrying amounts of real estate and related intangible assets may not be recoverable, management assesses whether the carrying value of the assets will be recovered through the future undiscounted operating cash flows expected from the use of and eventual disposition of the property. If, based on the analysis, the Company does not believe that it will be able to recover the carrying value of the asset, the Company will record an impairment charge to the extent the carrying value exceeds the estimated fair value of the asset. As of December 31, 2016, the Company did not record any impairment charges related to its real estate investments. The Company recognizes rental income from tenants under operating leases on a straight-line basis over the noncancelable term of the lease when collectability of such amounts is reasonably assured. Recognition of rental income on a straight-line basis includes the effects of rental abatements, lease incentives and fixed and determinable increases in lease payments over the lease term. If the lease provides for tenant improvements, management of the Company determines whether the tenant improvements, for accounting purposes, are owned by the tenant or by the Company. When the Company is the owner of the tenant improvements, the tenant is not considered to have taken physical possession or have control of the physical use of the leased asset until the tenant improvements are substantially completed. When the tenant is the owner of the tenant improvements, any tenant improvement allowance (including amounts that the tenant can take in the form of cash or a credit against its rent) that is funded is treated as a lease incentive and amortized as a reduction of revenue over the lease term. Tenant improvement ownership is determined based on various factors including, but not limited to: · whether the lease stipulates how a tenant improvement allowance may be spent; · whether the amount of a tenant improvement allowance is in excess of market rates; · whether the tenant or landlord retains legal title to the improvements at the end of the lease term; · whether the tenant improvements are unique to the tenant or general-purpose in nature; and · whether the tenant improvements are expected to have any residual value at the end of the lease. Tenant reimbursements of real estate taxes, insurance, repairs and maintenance, and other operating expenses are recognized as revenue in the period the expenses are incurred and presented gross if the Company is the primary obligor and, with respect to purchasing goods and services from third-party suppliers, has discretion in selecting the supplier and bears the associated credit risk. The Company evaluates the collectability of rents and other receivables on a regular basis based on factors including, among others, payment history, the operations, the asset type and current economic conditions. If the Company’s evaluation of these factors indicates it may not recover the full value of the receivable, it provides a reserve against the portion of the receivable that it estimates may not be recovered. This analysis requires the Company to determine whether there are factors indicating a receivable may not be fully collectable and to estimate the amount of the receivable that may not be collected. In addition, with respect to tenants in bankruptcy, management makes estimates of the expected recovery of pre-petition and post-petition claims in assessing the estimated collectability of the related receivable. In some cases, the ultimate resolution of these claims can exceed one year. When a tenant is in bankruptcy, the Company will record a bad debt reserve for the tenant’s receivable balance and generally will not recognize subsequent rental revenue until cash is received or until the tenant is no longer in bankruptcy and has the ability to make rental payments. Deferred financing costs represent commitment fees, loan fees, legal fees and other third-party costs associated with obtaining financing and are presented on the balance sheet as a direct deduction from the carrying value of the associated debt liability. These costs are amortized to interest expense over the terms of the respective financing agreements using the interest method. Unamortized deferred financing costs are generally expensed when the associated debt is refinanced or repaid before maturity unless specific rules are met that would allow for the carryover of such costs. Costs incurred in seeking financing transactions that do not close are expensed in the period in which it is determined that the financing will not close. Unamortized deferred financing costs related to revolving credit facilities are reclassified to presentation as an asset in periods where there are no outstanding borrowings under the facility. The Company accounts for investments in entities over which it has the ability to exercise significant influence under the equity method of accounting. Under the equity method of accounting, an investment is initially recognized at cost and is subsequently adjusted to reflect the Company’s share of earnings or losses of the investee. The investment is also increased for additional amounts invested and decreased for any distributions received from the investee. Equity method investments are reviewed for impairment whenever events or circumstances indicate that the carrying amount of the investment might not be recoverable. If an equity method investment is determined to be other-than-temporarily impaired, the investment is reduced to fair value and an impairment charge is recorded through earnings. Under GAAP, the Company is required to measure certain financial statements at fair value on a recurring basis. In addition, the Company is required to measure other non-financial and financial assets at fair value on a non-recurring basis (e.g., carrying value of impaired long-lived assets). Fair value is defined as the price that would be received upon the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The GAAP fair value framework uses a three-tiered approach. Fair value measurements are classified and disclosed in one of the following three categories: Level 1: unadjusted quoted prices in active markets that are accessible at the measurement date for identical assets or liabilities; Level 2: quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-derived valuations in which significant inputs and significant value drivers are observable in active markets; and Level 3: prices or valuation techniques where little or no market data is available that requires inputs that are both significant to the fair value measurement and unobservable. When available, the Company utilizes quoted market prices from independent third-party sources to determine fair value and classifies such items in Level 1 or Level 2. In instances where the market for a financial instrument is not active, regardless of the availability of a nonbinding quoted market price, observable inputs might not be relevant and could require the Company to make a significant adjustment to derive a fair value measurement. Additionally, in an inactive market, a market price quoted from an independent third party may rely more on models with inputs based on information available only to that independent third party. When the Company determines the market for a financial instrument owned by the Company to be illiquid or when market transactions for similar instruments do not appear orderly, the Company uses several valuation sources (including internal or external valuations, discounted cash flow analysis and quoted market prices) and establishes a fair value by assigning weights to the various valuation sources. Additionally, when determining the fair value of liabilities in circumstances in which a quoted price in an active market for an identical liability is not available, the Company measures fair value using (i) a valuation technique that uses the quoted price of the identical liability when traded as an asset or quoted prices for similar liabilities or similar liabilities when traded as assets or (ii) another valuation technique that is consistent with the principles of fair value measurement, such as the income approach or the market approach. Changes in assumptions or estimation methodologies can have a material effect on these estimated fair values. In this regard, the derived fair value estimates cannot be substantiated by comparison to independent markets and, in many cases, may not be realized in an immediate settlement of the instrument. The Company considers the following factors to be indicators of an inactive market: (i) there are few recent transactions, (ii) price quotations are not based on current information, (iii) price quotations vary substantially either over time or among market makers (for example, some brokered markets), (iv) indexes that previously were highly correlated with the fair values of the asset or liability are demonstrably uncorrelated with recent indications of fair value for that asset or liability, (v) there is a significant increase in implied liquidity risk premiums, yields, or performance indicators (such as delinquency rates or loss severities) for observed transactions or quoted prices when compared with the Company’s estimate of expected cash flows, considering all available market data about credit and other nonperformance risk for the asset or liability, (vi) there is a wide bid-ask spread or significant increase in the bid-ask spread, (vii) there is a significant decline or absence of a market for new issuances (that is, a primary market) for the asset or liability or similar assets or liabilities, and (viii) little information is released publicly (for example, a principal-to-principal market). The Company considers the following factors to be indicators of non-orderly transactions: (i) there was not adequate exposure to the market for a period before the measurement date to allow for marketing activities that are usual and customary for transactions involving such assets or liabilities under current market conditions, (ii) there was a usual and customary marketing period, but the seller marketed the asset or liability to a single market participant, (iii) the seller is in or near bankruptcy or receivership (that is, distressed), or the seller was required to sell to meet regulatory or legal requirements (that is, forced), and (iv) the transaction price is an outlier when compared with other recent transactions for the same or similar assets or liabilities. Income Taxes The Company intends to elect to be taxed as a REIT under the Internal Revenue Code of 1986, as amended, and intends to operate as such beginning with its taxable year ended December 31, 2016. The Company expects to have little or no taxable income prior to electing REIT status. To qualify as a REIT, the Company must meet certain organizational and operational requirements, including a requirement to distribute at least 90 The Company has concluded that there are no significant uncertain tax positions requiring recognition in its financial statements. Neither the Company nor its subsidiaries has been assessed interest or penalties by any major tax jurisdictions. The Company’s evaluations were performed for the tax years ended December 31, 2016. As of December 31, 2016, the return for calendar year 2015 remains subject to examination by major tax jurisdictions. The Company intends, although is not legally obligated, to make regular monthly distributions to holders of its shares at least at the level required to maintain REIT status unless the results of operations, general financial condition, general economic conditions or other factors inhibits the Company from doing so. Distributions are authorized at the discretion of the Company’s board of directors, which is directed, in substantial part, by its obligation to cause the Company to comply with the REIT requirements of the Internal Revenue Code. To the extent declared by the board of directors, distributions are payable on the 10 th th The Company has adopted a dividend reinvestment plan (“DRP”) through which common stockholders may elect to reinvest any amount up to the distributions declared on their shares in additional shares of the Company’s common stock in lieu of receiving cash distributions. Participants in the dividend reinvestment plan will acquire common stock at a price per share equal to the price to acquire a share of common stock in the Primary Offering. The initial price per share in the Offering, and as of the date of these financial statements, is $ 10.00 The Company has adopted a share repurchase program (“Share Repurchase Program”) that enables stockholders to sell their stock to the Company in limited circumstances. Stockholders who wish to avail themselves of the Share Repurchase Program must notify the Company by three business days before the end of the month for their shares to be repurchased by the third business day of the following month. The Share Repurchase Program provides that share repurchases may be funded by (a) distribution reinvestment proceeds, (b) the prior or future sale of shares, (c) indebtedness, including a line of credit and traditional mortgage financing, and (d) asset sales. To the extent the board of directors determines that there is sufficient available cash for redemption, the shares will be repurchased subject to the limit that, during any 12-month period, redemptions will not exceed 5 Shares will be repurchased if, in the opinion of the Advisor, there are sufficient reserves with which to repurchase shares and at the same time maintain the then-current plan of operation. The board may amend, suspend or terminate the Share Repurchase Program upon 30 days’ notice to stockholders, provided that the Company may increase the funding available for the repurchase of shares pursuant to the share repurchase program upon ten business days’ notice to the stockholders. Pursuant to the Share Repurchase Program, until the Company announces the estimated net asset value per share of its common stock, the price at which the Company will redeem the shares is as follows: · For those shares held by the redeeming stockholder for less than one year, 97.0 · For those shares held by the redeeming stockholder for at least one year but less than two years, 98.0 · For those shares held by the redeeming stockholder for at least two years but less than three years, 99.0 · For those shares held by the redeeming stockholder for at least three years, 100.0 The Company records amounts that are redeemable under the Share Repurchase Program as redeemable common stock in its consolidated balance sheets because the shares are redeemable at the option of the holder and therefore their redemption is outside the control of the Company. The maximum amount redeemable under the Company’s Share Repurchase Program is limited to the number of shares the Company could redeem with the amount of the net proceeds from the sale of shares sold, subject to 5% of the weighted-average number of shares outstanding during the prior 12 months. When the Company determines it has a mandatory obligation to repurchase shares under the Share Repurchase Program, it reclassifies such obligations from temporary equity to a liability based upon their respective settlement values. Following the initial calculation of NAV and NAV per share currently scheduled to occur on December 31, 2017, the Company will be subject to the following limitations on the number of shares the Company may repurchase under the Share Repurchase Program: · Repurchases per month will be limited to no more than 2 5 20 · The Company currently intends that the foregoing repurchase limitations will be based on “net repurchases” during a quarter or month, as applicable. The term “net repurchases” means the excess of the Company’s share repurchases (capital outflows) over the proceeds from the sale of its shares (capital inflows) for a given period. Thus, for any given calendar quarter or month, the maximum amount of repurchases during that quarter or month will be equal to (1) 5% or 2% (as applicable) of the Company’s most recently determined aggregate NAV, plus (2) proceeds from sales of new shares in the Offering (including purchases pursuant to the DRP) since the beginning of a current calendar quarter or month, less (3) repurchase proceeds paid since the beginning of the current calendar quarter or month. · While the Company currently intends to calculate the foregoing repurchase limitations on a net basis, the board of directors may choose whether the 5% quarterly limit will be applied to “gross repurchases,” meaning that amounts paid to repurchase shares would not be netted against capital inflows. If repurchases for a given quarter are measured on a gross basis rather than on a net basis, the 5% quarterly limit could limit the amount of shares redeemed in a given quarter despite the Company receiving a net capital inflow for that quarter. · In order for the board of directors to change the basis of repurchases from net to gross, or vice versa, the Company will provide notice to its stockholders in a prospectus supplement or current or periodic report filed with the SEC, as well as in a press release or on its website, at least 10 days before the first business day of the quarter for which the new test will apply. The determination to measure repurchases on a gross basis, or vice versa, will only be made for an entire quarter, and not particular months within a quarter. After the Company establishes an estimated net value per share of its common stock, the price at which the Company will redeem the shares is as follows: · For those shares held by the redeeming stockholder for less than one year, 97.0% of the Company’s most recent estimated net asset value per share as of the applicable redemption date; · For those shares held by the redeeming stockholder for at least one year but less than two years, 98.0% of the Company’s most recent estimated net asset value per share as of the applicable redemption date; · For those shares held by the redeeming stockholder for at least two years but less than three years, 99.0% of the Company’s most recent estimated net asset value per share as of the applicable redemption date; and · For those shares held by the redeeming stockholder for at least three years, 100.0% of the Company’s most recent estimated net asset value per share as of the applicable redemption date. Acquisition Fees The Company shall pay the Advisor a fee equal in the amount of 3.0 6.0 Asset Management Fee The Company shall pay to the Advisor as compensation for the advisory services rendered to the Company, a monthly fee in an amount equal to 0.1 Additionally, to the extent the Advisor elects, in its sole discretion, to defer all or any portion of its monthly Asset Management Fee, the Advisor will be deemed to have waived, not deferred, that portion up to 0.025% of the total investment value of the Company’s assets. On December 8, 2016, the Company filed a prospectus supplement amending the Asset Management Fee such that, the Advisor pays 50 100,000 1,000,000 Financing Coordination Fee Other than with respect to any mortgage or other financing related to a property concurrent with its acquisition, if the Advisor or an affiliate provides a substantial amount of services (as determined by a majority of the Independent Directors) in connection with the post-acquisition financing or refinancing of any debt that the Company obtains relative to its Properties, then the Company shall pay to the Advisor a financing coordination fee equal to 1.0 Property Management Fees If Advisor or an affiliate provides a substantial amount of the property management services (as determined by a majority of the Independent Directors) for the Company’s Properties, then Company shall pay to the Advisor a property management fee equal to 1.5 Disposition Fees For substantial assistance in connection with the sale of Properties, the Company shall pay to its Advisor or an affiliate 3.0% of the Contract Sales Price, as defined, of each of the Properties sold; provided, however, that if, in connection with such disposition, commissions are paid to third parties unaffiliated with its Advisor or its affiliates, the disposition fees paid to its Advisor, sponsors, their affiliates and unaffiliated third parties may not exceed the lesser of the competitive real estate commission or 6.0% of the Contract Sales Price. Leasing Commission Fees If the Advisor provides a substantial amount of the services (as determined by a majority of the Independent Directors) in connection with the Company’s leasing of Properties to unaffiliated third parties, then the Company shall pay to the Advisor leasing commissions equal to 6.0% of the rents due pursuant to such lease for the first ten years of the lease term; provided, however (i) if the term of the lease is less than ten years, such commission percentage will apply to the full term of the lease and (ii) any rents due under a renewal of a lease of an existing tenant upon expiration of the initial lease agreement (including any extensions provided for thereunder) shall accrue a commission of 3.0% in lieu of the aforementioned 6.0% commission. Subordinated Participation Fee The Company shall pay to the Advisor or an affiliate a subordinated participation fee calculated as of December 31 of each year and paid (if at all) in the immediately following January. The subordinated participation fee is only due if the Preferred Return, as defined, is achieved and is equal to the sum of (using terms as defined in the Advisory Agreement): (i) 40% of the product of (a) the difference of (x) the Preliminary NAV per share minus multiplied by plus (ii) 40% of the product of: (a) the amount by which aggregate cash distributions to stockholders during the annual period, excluding return of capital distributions, divided by the weighted average number of shares outstanding for the annual period, exceed the Preferred Return, multiplied by No subordinated participation fees have been incurred or paid to the Advisor through December 31, 2016. The Company’s expected first revaluation of NAV is scheduled to occur as of December 31, 2017. Liquidation Fee The Company shall pay to the Advisor or one of its affiliates a liquidation fee (“Liquidation Fee”) calculated from the value per share resulting from a liquidation event, including but not limited to a sale of all of the Company’s Properties, a public listing of the Company on an exchange, or a merger of the Company with a public or non-public company, equal to 40% of the increase in the resultant value per share as compared to the Highest Prior NAV per share, if any, multiplied by the number of outstanding shares as of the liquidation date, subordinated to payment to stockholders of the Preferred Return, pro-rated for the year in which the liquidation event occurs; provided, however, that the Advisor shall pay 50% of the pro rata portion of its Liquidation Fee attributable to the Large Investors, on a pro rata basis, to the Large Investors. The Company has invested in single-tenant income-producing Properties. The Company’s real estate Properties exhibit similar long-term financial performance and have similar economic characteristics to each other. As of December 31, 2016, the Company aggregated its investments in real estate into one reportable segment. Basic earnings per share is calculated by dividing net income (loss) by the weighted average number of common shares outstanding during the period. Diluted earnings per share of common stock equals basic earnings per share of common stock as there were no potentially dilutive securities outstanding for the year ended December 31, 2016 and for the period from May 14, 2015 (inception) to December 31, 2015. Distributions declared per common share were $ 0.32 Square footage, occupancy and other measures used to describe real estate investments included in the Notes to Consolidated Financial Statements are presented on an unaudited basis. In April 2015, the FASB issued Accounting Standard Update (“ASU”) No. 2015-03, Interest – Imputation of Interest (Subtopic 835-30) Interest - Imputation of Interest (Subtopic 835-30), Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements In February 2015, the FASB issued ASU No. 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) Revenue Recognition (Topic 605) Leases (Topic 840). Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date In August 2014, the FASB issued ASU No. 2014-15, Presentation of Financial Statements (Subtopic 205-40) Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments In November 2016, the FASB issued ASU No. 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash In January 2017, the FASB issued ASU No. 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business

REAL ESTATE

REAL ESTATE	12 Months Ended
	Dec. 31, 2016
Real Estate [Abstract]
Real Estate Disclosure [Text Block]	NOTE 3. REAL ESTATE Tenant origination Accumulated Total real Land, and depreciation estate Acquisition Property building and absorption and investments, Property Location date type improvements costs amortization net Accredo Orlando, FL 6/15/2016 Office $ 9,656,862 $ 1,053,638 $ (264,787) $ 10,445,713 Walgreens Stockbridge, GA 6/21/2016 Retail 4,147,948 705,423 (177,644) 4,675,727 1905 Hallowell Litchfield, ME 11/04/2016 Retail 1,281,812 116,302 (5,030) 1,393,084 409 US Route Wilton, ME 11/04/2016 Retail 1,543,776 140,653 (6,438) 1,677,991 23 Wert Drive Thompsontown, PA 11/04/2016 Retail 1,199,860 106,730 (4,833) 1,301,757 6696 State Route Mt. Gilead, OH 11/04/2016 Retail 1,174,188 111,847 (4,634) 1,281,401 7970 E Harbor Rd Lakeside, OH 11/04/2016 Retail 1,112,872 100,857 (4,756) 1,208,973 5405 Tiffin Ave Castalia, OH 11/04/2016 Retail 1,102,086 86,408 (4,621) 1,183,873 5900 Hwy Cedar Park, TX 12/27/2016 Office 8,392,906 1,210,873 (20,442) 9,583,337 $ 29,612,310 $ 3,632,731 $ (493,185) $ 32,751,856 Current Period Acquisitions Tenant Below- origination Buildings Above- market and Acquisition and market lease absorption Property Location date Land improvements lease intangibles intangibles costs Total Accredo Orlando, FL 6/15/2016 $ 1,706,641 $ 7,950,221 $ - $ - $ 1,053,638 $ 10,710,500 Walgreens Stockbridge, GA 6/21/2016 1,033,105 3,114,843 166,629 - 705,423 5,020,000 1905 Hallowell Litchfield, ME 11/04/2016 293,912 987,900 - - 116,302 1,398,114 409 US Route Wilton, ME 11/04/2016 212,035 1,331,741 - - 140,653 1,684,429 23 Wert Drive Thompsontown, PA 11/04/2016 217,912 981,948 - - 106,730 1,306,590 6696 State Route Mt. Gilead, OH 11/04/2016 283,578 890,610 - - 111,847 1,286,035 7970 E Harbor Rd Lakeside, OH 11/04/2016 176,515 936,357 - - 100,857 1,213,729 5405 Tiffin Ave Castalia, OH 11/04/2016 154,677 947,409 - - 86,408 1,188,494 5900 Hwy Cedar Park, TX 12/27/2016 1,290,863 7,102,043 (151,609) 1,210,873 9,452,169 $ 5,369,238 $ 24,243,072 $ 166,629 $ (151,610) 3,632,731 $ 33,260,060 The intangible assets and liabilities acquired in connection with these acquisitions have a weighted average amortization period as of the date of the acquisition of approximately seven years and seven years, respectively. The purchase price accounting reflected in the accompanying financial statements is preliminary and is based upon estimates and assumptions that are subject to change within the measurement period (up to one year from the acquisition date pursuant to ASC 805) that may impact the fair value of the assets and liabilities above (including real estate investments, other assets and accrued liabilities). During the year ended December 31, 2016, the Company recorded the Accredo and Walgreens acquisitions as business combinations and expensed acquisition costs of $ 547,148 748,481 152,915 During the year ended December 31, 2016, the Company recorded all other properties acquired subsequent to October 1, 2016 as asset acquisitions and capitalized acquisition costs of $ 675,961 Operating Leases The Company’s real estate properties are leased to tenants under triple-net leases for which terms and expirations vary. The Company monitors the credit of all tenants to stay abreast of any material changes in credit quality. The Company monitors tenant credit by (1) reviewing the credit ratings of tenants (or their parent companies or lease guarantors) that are rated by national recognized rating agencies; (2) reviewing financial statements and related metrics and information that are publicly available or that are required to be provided pursuant to the lease; (3) monitoring new reports and press releases regarding the tenants (or their parent companies or lease guarantors), and their underlying business and industry; and (4) monitoring the timeliness of rent collections. As of December 31, 2016, the Company had an asset concentration related to Accredo Health Group, Inc. (“AHG”), the tenant at the Accredo property, and Dana Incorporated (“Dana Inc.”), the tenant at the 5900 Hwy property. As of December 31, 2016, Accredo and 5900 Hwy properties represented 25 23 The lease agreement with AHG is guaranteed by Express Scripts Holding Company (“Express Scripts”). Express Scripts’ financial statements can be found at can be found at http://www.express-scripts.com Dana Inc.’s financial statements can be found at http://www.dana.com Revenue Concentration Property and Location Effective Percentage of Accredo, Orlando, FL $ 872,550 $ 36.0 % Walgreens Stockbridge, GA 360,000 14.8 % 5900 Hwy Cedar Park, TX 656,076 27.0 % As of December 31, 2016, no other tenants accounted for more than 10% of annualized base rent. Total 2017 $ 2,450,550 2018 2,487,342 2019 2,524,914 2020 2,563,267 2021 1,751,890 Thereafter 6,427,765 $ 18,205,728 Intangibles Tenant origination Above-market lease Below-market lease and absorption costs intangibles intangibles Cost $ 3,632,731 $ 166,629 151,610 Accumulated amortization (210,404) (18,052) (843) Net amount $ 3,422,327 $ 148,577 150,767 Increases (decreases) in net income (loss) as a result of amortization of the Company’s tenant origination and absorption costs, above-market lease intangibles and below-market lease intangibles for the year ended December 31, 2016 were as follows: Tenant origination and absorption Above-market lease Below-market lease costs intangibles intangibles Amortization $ (210,404) $ (18,052) $ 843 Tenant origination Above-market and absorption Below-market lease intangibles costs lease intangibles 2017 $ 33,326 $ 574,643 $ 20,215 2018 33,326 574,643 20,215 2019 33,326 574,643 20,215 2020 33,326 574,643 20,215 2021 15,273 311,737 20,215 Thereafter - 812,020 49,694 $ 148,577 $ 3,422,329 $ 150,769 Weighted-Average Remaining Amortization Period 5 years 7 years 7 years

INVESTMENTS

INVESTMENTS	12 Months Ended
	Dec. 31, 2016
Schedule of Investments [Abstract]
Investment Holdings [Text Block]	NOTE 4. INVESTMENTS Investment in Rich Uncles REIT I As of December 31, 2016, the Company had invested $ 3,643,518 364,352 approximately 4.45 As of December 31, 2016, the book value of the Company’s investment in Rich Uncles REIT I was $ 3,523,809

DEBT

DEBT	12 Months Ended
	Dec. 31, 2016
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	NOTE 5. DEBT Mortgage Note Payable Deferred Principal financing Contractual amount costs, net Net balance interest rate Loan maturity Accredo/Walgreens loan $ 7,266,145 $ (152,444) $ 7,113,701 3.95 % 7/1/2021 Unsecured Credit Facility On June 7, 2016, the Company, through the Operating Partnership, entered into a credit agreement (the “Unsecured Credit Agreement”) with Pacific Mercantile Bank. Pursuant to the Unsecured Credit Agreement, the Company was provided with a $ 12,000,000 4.5 th June 15, 2017 2,547 1,429 10,157,803 Pursuant to the terms of the mortgage note payable and the Unsecured Credit Facility, the Company and/or the Operating Partnership is subject to certain financial loan covenants. The Company was in compliance with all of its financial debt covenants as of December 31, 2016. Mortgage Note Unsecured Payable Credit Facility Total 2017 $ 132,180 $ 10,157,803 $ 10,289,983 2018 137,496 - 137,496 2019 143,027 - 143,027 2020 148,780 - 148,780 2021 6,704,663 - 6,704,663 Total principal 7,266,146 10,157,803 17,423,949 Deferred financing costs, net (152,444) (1,118) (153,562) Total $ 7,113,702 $ 10,156,685 $ 17,270,387 During the year ended December 31, 2016, the Company incurred $ 395,110 19,651 26,339

FAIR VALUE DISCLOSURES

FAIR VALUE DISCLOSURES	12 Months Ended
	Dec. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Text Block]	NOTE 6. FAIR VALUE DISCLOSURES The fair value for certain financial instruments is derived using valuation techniques that involve significant management judgment. The price transparency of financial instruments is a key determinant of the degree of judgment involved in determining the fair value of the Company’s financial instruments. Financial instruments for which actively quoted prices or pricing parameters are available and for which markets contain orderly transactions will generally have a higher degree of price transparency than financial instruments for which markets are inactive or consist of non-orderly trades. The Company evaluates several factors when determining if a market is inactive or when market transactions are not orderly. The following is a summary of the methods and assumptions used by management in estimating the fair value of each class of financial instrument for which it is practicable to estimate the fair value: Cash and cash equivalents, restricted cash, and accounts payable and accrued liabilities: These balances approximate their fair values due to the short maturities of these items. Unsecured credit facility : The fair value of the Company’s unsecured credit facility approximates its carrying value as the interest rates are variable and the balances approximate their fair values due to the short maturities of this facility. Mortgage note payable: The fair value of the Company’s mortgage note payable is estimated using a discounted cash flow analysis based on management’s estimates of current market interest rates for instruments with similar characteristics, including remaining loan term, loan-to-value ratio, type of collateral and other credit enhancements. Additionally, when determining the fair value of liabilities in circumstances in which a quoted price in an active market for an identical liability is not available, the Company measures fair value using (i) a valuation technique that uses the quoted price of the identical liability when traded as an asset or quoted prices for similar liabilities or similar liabilities when traded as assets or (ii) another valuation technique that is consistent with the principles of fair value measurement, such as the income approach or the market approach. The Company classifies these inputs as Level 3 inputs. Face value Carrying value Fair value Mortgage note payable $ 7,266,145 $ 7,113,701 $ 7,266,145 Disclosures of the fair values of financial instruments is based on pertinent information available to the Company as of the period end and requires a significant amount of judgment. The actual value could be materially different from the Company’s estimate of value.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2016
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	NOTE 7. RELATED PARTY TRANSACTIONS The Advisory Agreement entitles the Advisor to specified fees upon the provision of certain services with regard to the investment of funds in real estate investments, the management of those investments, among other services, and the disposition of investments, as well as entitles the Advisor to reimbursement of organization and offering costs incurred by the Advisor or Sponsor on behalf of the Company, such as expenses related to the Offering, and certain costs incurred by the Advisor or Sponsor in providing services to the Company. In addition, the Advisor is entitled to certain other fees, including an incentive fee upon achieving certain performance goals, as detailed in the Advisory Agreement. The Sponsor also serves as the sponsor for Rich Uncles REIT I. During the year ended December 31, 2016, no other business transactions occurred between the Company and Rich Uncles REIT I, other than described below and in Note 4. In 2015, the Company sold 20,000 shares of common stock to the Sponsor at $10.00 per share for gross proceeds of $200,000. In June 2016, the Company repurchased 20,000 shares from the Sponsor for $200,000 and reissued the 6,667 shares each to Messrs. Wirta, Hofer and Makler or $66,667 at $10.00 per share. The share sales were made in privately negotiated transactions in reliance on the exemption from the registration requirements of the Securities Act of 1933 contained in Section 4(2) thereof. For the period May 14, Year ended December 31, 2016 2015 to December 31, 2015 Incurred Receivable Payable Incurred Payable Expensed Acquisition fees (1) $ 474,121 $ - $ - $ - $ - Asset management fees (1) (4) 116,952 - 29,577 - - Expense reimbursements from Sponsor (951,601) 79,862 - - - Waiver of asset management fees (4) (27,501) - - - - Capitalized Acquisition fees 505,608 - 274,200 - - Additional paid-in-capital Reimbursable organizational and offering expenses (3) 731,315 - 79,645 6,000 6,000 Other Costs advanced by Sponsor (2) - - - 1,000 1,000 Costs reimbursable from Rich Uncles REIT I (5) 28,571 28,571 - $ 877,465 $ 108,433 $ 383,422 $ 7,000 $ 7,000 (1) Included in fees to affiliates in the accompanying consolidated statements of operations. (2) The Sponsor advanced $ 1,000 (3) As of December 31, 2016, the Sponsor had incurred $ 1,881,958 3 (4) To the extent the Advisor elects, in its sole discretion, to defer all or any portion of its monthly Asset Management Fee, the Advisor will be deemed to have waived, not deferred, that portion up to 0.025 27,501 (5) The Company incurred $ 28,571 During the year ended December 31, 2016, the Company reimbursed Rich Uncles REIT I $ 95,730 Organization and Offering Costs During the Offering, pursuant to the Advisory Agreement, the Company is obligated to reimburse the Sponsor or its affiliates for organization and offering costs (as defined in the Advisory Agreement) paid by the Sponsor on behalf of the Company. The Company will reimburse the Sponsor for organizational and offering expenses up to 3.0 657,670 731,315 79,645 Investor Relations Payroll Expense Reimbursements from Sponsor The Company employs investor personnel that answer potential investor inquiries regarding the Company and/or its prospectus and handle investor relations. Per the Advisory Agreement, to the extent that the Company pays any offering expenses directly, the Sponsor is obligated to reimburse the Company for such offering expenses. The Sponsor considers these payroll costs to be offering expenses. The total amount of such payroll reimbursements were $ 951,601 79,862 Other Operating Expense Reimbursement Under the prospectus, total operating expenses of the Company are limited to the greater of 2% of average invested assets or 25% of net income for the four most recently completed fiscal quarters (2%/25% Limitation). Operating expense reimbursements for the four fiscal quarters ended December 31, 2016 exceeded the 2%/25% Limitation. The Conflicts Committee approved the operating expenses above the 2%/25% Limitation, as they determined that the relationship of the Company’s operating expenses to average invested assets were justified for the year ended December 31, 2016 given the costs of operating a public company and the early stage of operations.

PRO FORMA FINANCIAL INFORMATION

PRO FORMA FINANCIAL INFORMATION (UNAUDITED)	12 Months Ended
	Dec. 31, 2016
Business Combinations [Abstract]
Business Combination Disclosure [Text Block]	NOTE 8. PRO FORMA FINANCIAL INFORMATION (UNAUDITED) For the Years Ended December 31, 2016 2015 Revenues $ 3,091,194 $ 1,931,992 Depreciation and amortization $ 1,544,205 $ 965,137 Net income $ 425,865 $ 264,998 The unaudited pro forma information for the year ended December 31, 2016 was adjusted to exclude $ 547,148

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	NOTE 9. COMMITMENTS AND CONTINGENCIES Economic Dependency The Company depends on the Sponsor and the Advisor for certain services that are essential to the Company, including the sale of the Company’s shares of common stock, the identification, evaluation, negotiation, origination, acquisition and disposition of investments; management of the daily operations of the Company’s investment portfolio; and other general and administrative responsibilities. In the event that these companies are unable to provide the respective services, the Company will be required to obtain such services from other sources. Environmental As an owner of real estate, the Company is subject to various environmental laws of federal, state and local governments. Although there can be no assurance, the Company is not aware of any environmental liability that could have a material adverse effect on its financial condition or results of operations. However, changes in applicable environmental laws and regulations, the uses and conditions of properties in the vicinity of the Company’s Properties, the activities of its tenants and other environmental conditions of which the Company is unaware with respect to the Properties could result in future environmental liabilities. Legal Matters From time to time, the Company may become party to legal proceedings that arise in the ordinary course of its business. The Company is not a party to any legal proceeding, nor is the Company aware of any pending or threatened litigation that would have a material adverse effect on the Company’s business, operating results, cash flows or financial condition should such litigation be resolved unfavorably. Diversification Risk The assets of the Company are concentrated in the real estate sector. Accordingly, the real estate investments of the Company may be subject to more rapid changes in value than would be the case if the assets were widely diversified among investments or industry sectors. Furthermore, the Company's investments in real estate are concentrated in two investment types with over 64% of projected revenues procuring from two office properties The Company generally does not require collateral or other security from tenants, other than security deposits or letters of credit. However, since concentration of rental revenue from certain tenants exists, the inability of those tenants to make their payments could have an adverse effect on the Company.

SELECTED QUARTERLY FINANCIAL DA

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)	12 Months Ended
	Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Information [Text Block]	NOTE 10. SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) 2016 First Quarter Second Quarter Third Quarter Fourth Quarter Revenues $ - $ 41,466 $ 359,544 $ 460,734 Net loss (91) (593,679) (299,625) (344,046) Net loss per common share, basic and diluted - (29.68) (1.39) (0.42) Distributions declared per common share - - 0.14 0.18 2015 First Quarter Second Quarter Third Quarter Fourth Quarter Revenues $ - $ - $ - $ - Net loss - (3,000) (36) (3,149) Net loss per common share, basic and diluted - (4.60) - (0.31) Distributions declared per common share - - - -

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2016
Subsequent Events [Abstract]
Subsequent Events [Text Block]	NOTE 11. SUBSEQUENT EVENTS The Company evaluates subsequent events up until the date the consolidated financial statements are issued. Offering Status As of March 27, 2017, the Company had sold 4,371,458 $43,714,584, 51,172 $511,723 Distributions On January 10, 2017, the Company’s board of directors declared dividends based on daily record dates for the period December 1, 2016 through December 31, 2016 at a rate of $ 0.00188172 120,956 distributions on January 10, 2017 On February 10, 2017, the Company’s board of directors declared dividends based on daily record dates for the period January 1, 2017 through January 31, 2017 at a rate of $ 0.00188172 161,324 On March 10, 2017, the Company’s board of directors declared dividends based on daily record dates for the period February 1, 2017 through February 28, 2017 at a rate of $ 0.00208333 $ 161,324 Acquisitions On March 7, 2017, the Company, through a wholly-owned subsidiary, acquired an office building (“Northrop Grumman”) leased to Northrop Grumman, totaling approximately 107,419 13,270,000 On March 27, 2017, the Company, through a wholly-owned subsidiary, acquired an office building (“Exp Maitland”) leased to exp US Services, totaling approximately 34,262 6,750,000 Probable Acquisition On February 9, 2017, we entered into an agreement to acquire a 70,960 12,750,000 Debt Financing On March 14, 2016, we obtained a $ 3,986,988 4.69 April 1, 2022 On March 28, 2017, we obtained a $ 4,758,000 rate of 4.56

Schedule III-Real Estate Assets

Schedule III-Real Estate Assets and Accumulated Depreciation and Amortization	12 Months Ended
	Dec. 31, 2016
SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]
SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Text Block]	Rich Uncles NNN REIT, Inc. Schedule III Real Estate Assets and Accumulated Depreciation and Amortization December 31, 2016 Initial Cost to Company Gross Amount at which Carried at Close of Period Original Costs Capitalized Accumulated Ownership Year of Building & Subsequent to Building & Depreciation and Description Location Percent Construction Date Acquired Encumbrances Land Improvements (1) Total Acquisition Land Improvements (1) Total (2) Amortization Accredo Orlando, FL 100 % 2006 6/15/2016 $ 5,023,673 $ 1,706,641 $ 9,003,859 $ 10,710,500 $ - $ 1,706,641 $ 9,003,859 $ 10,710,500 $ (264,787 ) Walgreens Sotckbridge, GA 100 % 2001 6/21/2016 2,242,472 1,033,105 3,820,266 4,853,371 - 1,033,105 3,820,266 4,853,371 (177,644 ) 1905 Hallowell Litchfield, ME 100 % 2015 11/4/2016 - 293,912 1,104,202 1,398,114 - 293,912 1,104,202 1,398,114 (5,030 ) 409 US Route Wilton, ME 100 % 2015 11/4/2016 - 212,035 1,472,393 1,684,428 - 212,035 1,472,393 1,684,428 (6,438 ) 23 Wert Drive Thompsontown, PA 100 % 2015 11/4/2016 - 217,912 1,088,678 1,306,590 - 217,912 1,088,678 1,306,590 (4,833 ) 6696 State Route Mt. Gilead, OH 100 % 2015 11/4/2016 - 283,578 1,002,456 1,286,034 - 283,578 1,002,456 1,286,034 (4,634 ) 7970 E Harbor Rd Lakeside, OH 100 % 2015 11/4/2016 - 176,515 1,037,214 1,213,729 - 176,515 1,037,214 1,213,729 (4,756 ) 5405 Tiffin Ave Castalia, OH 100 % 2015 11/4/2016 - 154,677 1,033,817 1,188,494 - 154,677 1,033,817 1,188,494 (4,621 ) 5900 Hwy Cedar Park, TX 100 % 2013 12/27/2016 - 1,290,863 8,312,918 9,603,781 - 1,290,863 8,312,918 9,603,781 (20,442 ) $ 7,266,145 $ 5,369,238 $ 27,875,803 $ 33,245,041 $ - $ 5,369,238 $ 27,875,803 $ 33,245,041 $ (493,185 ) (1) Building and improvements include tenant origination and absorption costs (2) The aggregate cost of real estate for federal income tax purposes was $32,985,860 (unaudited) as of December 31, 2016. Rich Uncles NNN REIT, Inc. Schedule III Real Estate Assets and Accumulated Depreciation and Amortization December 31, 2016 2016 2015 Real estate investments: Balance at beginning of year $ - $ - Acquisitions 33,245,041 - Balance at end of year $ 33,245,041 $ - Accumulated depreciation and amortization: Balance at beginning of year $ - $ - Depreciation and amortization (493,185 ) - Balance at end of year $ (493,185 ) $ - Real estate investments, net: $ 32,751,856 $ -

SUMMARY OF SIGNIFICANT ACOUNT19

SUMMARY OF SIGNIFICANT ACOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	Basis of Presentation and Principles of Consolidation The consolidated financial statements are prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) as contained within the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) and the rules and regulations of the SEC. The consolidated financial statements include the accounts of the Company, NNN LP, the Operating Partnership and their direct and indirect wholly owned subsidiaries. All significant intercompany balances and transactions are eliminated in consolidation.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results may differ from those estimates.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents The Company considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents. Cash equivalents may include cash and short-term investments. Cash and cash equivalents are stated at cost, which approximates fair value. The Company’s cash and cash equivalents balance may exceed federally insurable limits. The Company intends to mitigate this risk by depositing funds with major financial institutions; however, these cash balances could be impacted if the underlying financial institutions fail or are subject to other adverse conditions in the financial markets.
Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy [Policy Text Block]	Restricted Cash Restricted cash is comprised of funds which are held in escrow or are otherwise restricted for use as required by certain lenders in conjunction with an acquisition or debt financing.
Real Estate Acquisition Valuation [Policy Text Block]	Real Estate Real Estate Acquisition Valuation The Company records acquisitions that meet the definition of a business as a business combination. If the acquisition does not meet the definition of a business, the Company records the acquisition as an asset acquisition. Under both methods, all assets acquired and liabilities assumed are measured based on their acquisition-date fair values. Transaction costs that are related to a business combination are charged to expense as incurred. Transaction costs that are related to an asset acquisition are capitalized as incurred. The Company assesses the acquisition date fair values of all tangible assets, identifiable intangibles, and assumed liabilities using methods similar to those used by independent appraisers, generally utilizing a discounted cash flow analysis that applies appropriate discount and/or capitalization rates and available market information. Estimates of future cash flows are based on a number of factors, including historical operating results, known and anticipated trends, and market and economic conditions. The fair value of tangible assets of an acquired property considers the value of the property as if it were vacant. The Company records above-market and below-market in-place lease values for acquired Properties based on the present value (using a discount rate that reflects the risks associated with the leases acquired) of the difference between (i) the contractual amounts to be paid pursuant to the in-place leases and (ii) management’s estimate of fair market lease rates for the corresponding in-place leases, measured over a period equal to the remaining noncancelable term of above-market in-place leases and for the initial term plus any extended term for any leases with below-market renewal options. The Company amortizes any recorded above-market or below-market lease values as a reduction or increase, respectively, to rental income over the remaining noncancelable terms of the respective lease, including any below-market renewal periods. The Company estimates the value of tenant origination and absorption costs by considering the estimated carrying costs during hypothetical expected lease-up periods, considering current market conditions. In estimating carrying costs, the Company includes real estate taxes, insurance and other operating expenses and estimates of lost rentals at market rates during the expected lease up periods. The Company amortizes the value of tenant origination and absorption costs to depreciation and amortization expense over the remaining noncancelable term of the respective lease. Estimates of the fair values of the tangible assets, identifiable intangibles and assumed liabilities require the Company to make significant assumptions to estimate market lease rates, property-operating expenses, carrying costs during lease-up periods, discount rates, market absorption periods, and the number of years the property will be held for investment. The use of inappropriate assumptions would result in an incorrect valuation of the Company’s acquired tangible assets, identifiable intangibles and assumed liabilities, which would impact the amount of the Company’s net income (loss).
Depreciation, Depletion, and Amortization [Policy Text Block]	Depreciation and Amortization Real estate costs related to the acquisition and improvement of Properties are capitalized and amortized over the expected useful life of the asset on a straight-line basis. Repair and maintenance costs include all costs that do not extend the useful life of the real estate asset and are expensed as incurred. Significant replacements and betterments are capitalized. The Company anticipates the estimated useful lives of its assets by class to be generally as follows: · Buildings 35 40 · Site improvements 15 · Tenant improvements 15 · Tenant origination and absorption costs, and above-/below-market lease intangibles Remaining contractual lease term with consideration as to above- and below-market extension options for above- and below-market lease intangibles
Impairment or Disposal of Long-Lived Assets, Including Intangible Assets, Policy [Policy Text Block]	Impairment of Real Estate and Related Intangible Assets The Company continually monitors events and changes in circumstances that could indicate that the carrying amounts of real estate and related intangible assets may not be recoverable. When indicators of potential impairment are present that indicate that the carrying amounts of real estate and related intangible assets may not be recoverable, management assesses whether the carrying value of the assets will be recovered through the future undiscounted operating cash flows expected from the use of and eventual disposition of the property. If, based on the analysis, the Company does not believe that it will be able to recover the carrying value of the asset, the Company will record an impairment charge to the extent the carrying value exceeds the estimated fair value of the asset. As of December 31, 2016, the Company did not record any impairment charges related to its real estate investments.
Revenue Recognition, Policy [Policy Text Block]	Revenue Recognition The Company recognizes rental income from tenants under operating leases on a straight-line basis over the noncancelable term of the lease when collectability of such amounts is reasonably assured. Recognition of rental income on a straight-line basis includes the effects of rental abatements, lease incentives and fixed and determinable increases in lease payments over the lease term. If the lease provides for tenant improvements, management of the Company determines whether the tenant improvements, for accounting purposes, are owned by the tenant or by the Company. When the Company is the owner of the tenant improvements, the tenant is not considered to have taken physical possession or have control of the physical use of the leased asset until the tenant improvements are substantially completed. When the tenant is the owner of the tenant improvements, any tenant improvement allowance (including amounts that the tenant can take in the form of cash or a credit against its rent) that is funded is treated as a lease incentive and amortized as a reduction of revenue over the lease term. Tenant improvement ownership is determined based on various factors including, but not limited to: · whether the lease stipulates how a tenant improvement allowance may be spent; · whether the amount of a tenant improvement allowance is in excess of market rates; · whether the tenant or landlord retains legal title to the improvements at the end of the lease term; · whether the tenant improvements are unique to the tenant or general-purpose in nature; and · whether the tenant improvements are expected to have any residual value at the end of the lease. Tenant reimbursements of real estate taxes, insurance, repairs and maintenance, and other operating expenses are recognized as revenue in the period the expenses are incurred and presented gross if the Company is the primary obligor and, with respect to purchasing goods and services from third-party suppliers, has discretion in selecting the supplier and bears the associated credit risk. The Company evaluates the collectability of rents and other receivables on a regular basis based on factors including, among others, payment history, the operations, the asset type and current economic conditions. If the Company’s evaluation of these factors indicates it may not recover the full value of the receivable, it provides a reserve against the portion of the receivable that it estimates may not be recovered. This analysis requires the Company to determine whether there are factors indicating a receivable may not be fully collectable and to estimate the amount of the receivable that may not be collected. In addition, with respect to tenants in bankruptcy, management makes estimates of the expected recovery of pre-petition and post-petition claims in assessing the estimated collectability of the related receivable. In some cases, the ultimate resolution of these claims can exceed one year. When a tenant is in bankruptcy, the Company will record a bad debt reserve for the tenant’s receivable balance and generally will not recognize subsequent rental revenue until cash is received or until the tenant is no longer in bankruptcy and has the ability to make rental payments.
Deferred Charges, Policy [Policy Text Block]	Deferred Financing Costs Deferred financing costs represent commitment fees, loan fees, legal fees and other third-party costs associated with obtaining financing and are presented on the balance sheet as a direct deduction from the carrying value of the associated debt liability. These costs are amortized to interest expense over the terms of the respective financing agreements using the interest method. Unamortized deferred financing costs are generally expensed when the associated debt is refinanced or repaid before maturity unless specific rules are met that would allow for the carryover of such costs. Costs incurred in seeking financing transactions that do not close are expensed in the period in which it is determined that the financing will not close. Unamortized deferred financing costs related to revolving credit facilities are reclassified to presentation as an asset in periods where there are no outstanding borrowings under the facility.
Unconsolidated Investments [Policy Text Block]	Unconsolidated Investments The Company accounts for investments in entities over which it has the ability to exercise significant influence under the equity method of accounting. Under the equity method of accounting, an investment is initially recognized at cost and is subsequently adjusted to reflect the Company’s share of earnings or losses of the investee. The investment is also increased for additional amounts invested and decreased for any distributions received from the investee. Equity method investments are reviewed for impairment whenever events or circumstances indicate that the carrying amount of the investment might not be recoverable. If an equity method investment is determined to be other-than-temporarily impaired, the investment is reduced to fair value and an impairment charge is recorded through earnings.
Fair Value of Financial Instruments, Policy [Policy Text Block]	Fair Value Measurements and Disclosures Under GAAP, the Company is required to measure certain financial statements at fair value on a recurring basis. In addition, the Company is required to measure other non-financial and financial assets at fair value on a non-recurring basis (e.g., carrying value of impaired long-lived assets). Fair value is defined as the price that would be received upon the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The GAAP fair value framework uses a three-tiered approach. Fair value measurements are classified and disclosed in one of the following three categories: Level 1: unadjusted quoted prices in active markets that are accessible at the measurement date for identical assets or liabilities; Level 2: quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-derived valuations in which significant inputs and significant value drivers are observable in active markets; and Level 3: prices or valuation techniques where little or no market data is available that requires inputs that are both significant to the fair value measurement and unobservable. When available, the Company utilizes quoted market prices from independent third-party sources to determine fair value and classifies such items in Level 1 or Level 2. In instances where the market for a financial instrument is not active, regardless of the availability of a nonbinding quoted market price, observable inputs might not be relevant and could require the Company to make a significant adjustment to derive a fair value measurement. Additionally, in an inactive market, a market price quoted from an independent third party may rely more on models with inputs based on information available only to that independent third party. When the Company determines the market for a financial instrument owned by the Company to be illiquid or when market transactions for similar instruments do not appear orderly, the Company uses several valuation sources (including internal or external valuations, discounted cash flow analysis and quoted market prices) and establishes a fair value by assigning weights to the various valuation sources. Additionally, when determining the fair value of liabilities in circumstances in which a quoted price in an active market for an identical liability is not available, the Company measures fair value using (i) a valuation technique that uses the quoted price of the identical liability when traded as an asset or quoted prices for similar liabilities or similar liabilities when traded as assets or (ii) another valuation technique that is consistent with the principles of fair value measurement, such as the income approach or the market approach. Changes in assumptions or estimation methodologies can have a material effect on these estimated fair values. In this regard, the derived fair value estimates cannot be substantiated by comparison to independent markets and, in many cases, may not be realized in an immediate settlement of the instrument. The Company considers the following factors to be indicators of an inactive market: (i) there are few recent transactions, (ii) price quotations are not based on current information, (iii) price quotations vary substantially either over time or among market makers (for example, some brokered markets), (iv) indexes that previously were highly correlated with the fair values of the asset or liability are demonstrably uncorrelated with recent indications of fair value for that asset or liability, (v) there is a significant increase in implied liquidity risk premiums, yields, or performance indicators (such as delinquency rates or loss severities) for observed transactions or quoted prices when compared with the Company’s estimate of expected cash flows, considering all available market data about credit and other nonperformance risk for the asset or liability, (vi) there is a wide bid-ask spread or significant increase in the bid-ask spread, (vii) there is a significant decline or absence of a market for new issuances (that is, a primary market) for the asset or liability or similar assets or liabilities, and (viii) little information is released publicly (for example, a principal-to-principal market). The Company considers the following factors to be indicators of non-orderly transactions: (i) there was not adequate exposure to the market for a period before the measurement date to allow for marketing activities that are usual and customary for transactions involving such assets or liabilities under current market conditions, (ii) there was a usual and customary marketing period, but the seller marketed the asset or liability to a single market participant, (iii) the seller is in or near bankruptcy or receivership (that is, distressed), or the seller was required to sell to meet regulatory or legal requirements (that is, forced), and (iv) the transaction price is an outlier when compared with other recent transactions for the same or similar assets or liabilities.
Income Tax, Policy [Policy Text Block]	Income Taxes The Company intends to elect to be taxed as a REIT under the Internal Revenue Code of 1986, as amended, and intends to operate as such beginning with its taxable year ended December 31, 2016. The Company expects to have little or no taxable income prior to electing REIT status. To qualify as a REIT, the Company must meet certain organizational and operational requirements, including a requirement to distribute at least 90 The Company has concluded that there are no significant uncertain tax positions requiring recognition in its financial statements. Neither the Company nor its subsidiaries has been assessed interest or penalties by any major tax jurisdictions. The Company’s evaluations were performed for the tax years ended December 31, 2016. As of December 31, 2016, the return for calendar year 2015 remains subject to examination by major tax jurisdictions.
Distributions [Policy Text Block]	Distributions The Company intends, although is not legally obligated, to make regular monthly distributions to holders of its shares at least at the level required to maintain REIT status unless the results of operations, general financial condition, general economic conditions or other factors inhibits the Company from doing so. Distributions are authorized at the discretion of the Company’s board of directors, which is directed, in substantial part, by its obligation to cause the Company to comply with the REIT requirements of the Internal Revenue Code. To the extent declared by the board of directors, distributions are payable on the 10 th th
Distribution Reinvestment Plan [Policy Text Block]	Dividend Reinvestment Plan The Company has adopted a dividend reinvestment plan (“DRP”) through which common stockholders may elect to reinvest any amount up to the distributions declared on their shares in additional shares of the Company’s common stock in lieu of receiving cash distributions. Participants in the dividend reinvestment plan will acquire common stock at a price per share equal to the price to acquire a share of common stock in the Primary Offering. The initial price per share in the Offering, and as of the date of these financial statements, is $ 10.00
Redeemable Common Stock [Policy Text Block]	Redeemable Common Stock The Company has adopted a share repurchase program (“Share Repurchase Program”) that enables stockholders to sell their stock to the Company in limited circumstances. Stockholders who wish to avail themselves of the Share Repurchase Program must notify the Company by three business days before the end of the month for their shares to be repurchased by the third business day of the following month. The Share Repurchase Program provides that share repurchases may be funded by (a) distribution reinvestment proceeds, (b) the prior or future sale of shares, (c) indebtedness, including a line of credit and traditional mortgage financing, and (d) asset sales. To the extent the board of directors determines that there is sufficient available cash for redemption, the shares will be repurchased subject to the limit that, during any 12-month period, redemptions will not exceed 5 Shares will be repurchased if, in the opinion of the Advisor, there are sufficient reserves with which to repurchase shares and at the same time maintain the then-current plan of operation. The board may amend, suspend or terminate the Share Repurchase Program upon 30 days’ notice to stockholders, provided that the Company may increase the funding available for the repurchase of shares pursuant to the share repurchase program upon ten business days’ notice to the stockholders. Pursuant to the Share Repurchase Program, until the Company announces the estimated net asset value per share of its common stock, the price at which the Company will redeem the shares is as follows: ⋅ For those shares held by the redeeming stockholder for less than one year, 97.0 ⋅ For those shares held by the redeeming stockholder for at least one year but less than two years, 98.0 ⋅ For those shares held by the redeeming stockholder for at least two years but less than three years, 99.0 ⋅ For those shares held by the redeeming stockholder for at least three years, 100.0 When the Company determines it has a mandatory obligation to repurchase shares under the Share Repurchase Program, it reclassifies such obligations from temporary equity to a liability based upon their respective settlement values. Following the initial calculation of NAV and NAV per share currently scheduled to occur on December 31, 2017, the Company will be subject to the following limitations on the number of shares the Company may repurchase under the Share Repurchase Program: · Repurchases per month will be limited to no more than 2 5 20 · The Company currently intends that the foregoing repurchase limitations will be based on “net repurchases” during a quarter or month, as applicable. The term “net repurchases” means the excess of the Company’s share repurchases (capital outflows) over the proceeds from the sale of its shares (capital inflows) for a given period. Thus, for any given calendar quarter or month, the maximum amount of repurchases during that quarter or month will be equal to (1) 5% or 2% (as applicable) of the Company’s most recently determined aggregate NAV, plus (2) proceeds from sales of new shares in the Offering (including purchases pursuant to the DRP) since the beginning of a current calendar quarter or month, less (3) repurchase proceeds paid since the beginning of the current calendar quarter or month. · While the Company currently intends to calculate the foregoing repurchase limitations on a net basis, the board of directors may choose whether the 5% quarterly limit will be applied to “gross repurchases,” meaning that amounts paid to repurchase shares would not be netted against capital inflows. If repurchases for a given quarter are measured on a gross basis rather than on a net basis, the 5% quarterly limit could limit the amount of shares redeemed in a given quarter despite the Company receiving a net capital inflow for that quarter. · In order for the board of directors to change the basis of repurchases from net to gross, or vice versa, the Company will provide notice to its stockholders in a prospectus supplement or current or periodic report filed with the SEC, as well as in a press release or on its website, at least 10 days before the first business day of the quarter for which the new test will apply. The determination to measure repurchases on a gross basis, or vice versa, will only be made for an entire quarter, and not particular months within a quarter. After the Company establishes an estimated net value per share of its common stock, the price at which the Company will redeem the shares is as follows: · For those shares held by the redeeming stockholder for less than one year, 97.0% of the Company’s most recent estimated net asset value per share as of the applicable redemption date; · For those shares held by the redeeming stockholder for at least one year but less than two years, 98.0% of the Company’s most recent estimated net asset value per share as of the applicable redemption date; · For those shares held by the redeeming stockholder for at least two years but less than three years, 99.0% of the Company’s most recent estimated net asset value per share as of the applicable redemption date; and · For those shares held by the redeeming stockholder for at least three years, 100.0% of the Company’s most recent estimated net asset value per share as of the applicable redemption date.
Related Party Transactions [Policy Text Block]	Acquisition Fees The Company shall pay the Advisor a fee equal in the amount of 3.0 6.0 Asset Management Fee The Company shall pay to the Advisor as compensation for the advisory services rendered to the Company, a monthly fee in an amount equal to 0.1 Additionally, to the extent the Advisor elects, in its sole discretion, to defer all or any portion of its monthly Asset Management Fee, the Advisor will be deemed to have waived, not deferred, that portion up to 0.025% of the total investment value of the Company’s assets. On December 8, 2016, the Company filed a prospectus supplement amending the Asset Management Fee such that, the Advisor pays 50 100,000 1,000,000 Financing Coordination Fee Other than with respect to any mortgage or other financing related to a property concurrent with its acquisition, if the Advisor or an affiliate provides a substantial amount of services (as determined by a majority of the Independent Directors) in connection with the post-acquisition financing or refinancing of any debt that the Company obtains relative to its Properties, then the Company shall pay to the Advisor a financing coordination fee equal to 1.0 Property Management Fees If Advisor or an affiliate provides a substantial amount of the property management services (as determined by a majority of the Independent Directors) for the Company’s Properties, then Company shall pay to the Advisor a property management fee equal to 1.5 Disposition Fees For substantial assistance in connection with the sale of Properties, the Company shall pay to its Advisor or an affiliate 3.0% of the Contract Sales Price, as defined, of each of the Properties sold; provided, however, that if, in connection with such disposition, commissions are paid to third parties unaffiliated with its Advisor or its affiliates, the disposition fees paid to its Advisor, sponsors, their affiliates and unaffiliated third parties may not exceed the lesser of the competitive real estate commission or 6.0% of the Contract Sales Price. Leasing Commission Fees If the Advisor provides a substantial amount of the services (as determined by a majority of the Independent Directors) in connection with the Company’s leasing of Properties to unaffiliated third parties, then the Company shall pay to the Advisor leasing commissions equal to 6.0% of the rents due pursuant to such lease for the first ten years of the lease term; provided, however (i) if the term of the lease is less than ten years, such commission percentage will apply to the full term of the lease and (ii) any rents due under a renewal of a lease of an existing tenant upon expiration of the initial lease agreement (including any extensions provided for thereunder) shall accrue a commission of 3.0% in lieu of the aforementioned 6.0% commission. Subordinated Participation Fee The Company shall pay to the Advisor or an affiliate a subordinated participation fee calculated as of December 31 of each year and paid (if at all) in the immediately following January. The subordinated participation fee is only due if the Preferred Return, as defined, is achieved and is equal to the sum of (using terms as defined in the Advisory Agreement): (i) 40% of the product of (a) the difference of (x) the Preliminary NAV per share minus multiplied by plus (ii) 40% of the product of: (a) the amount by which aggregate cash distributions to stockholders during the annual period, excluding return of capital distributions, divided by the weighted average number of shares outstanding for the annual period, exceed the Preferred Return, multiplied by No subordinated participation fees have been incurred or paid to the Advisor through December 31, 2016. The Company’s expected first revaluation of NAV is scheduled to occur as of December 31, 2017. Liquidation Fee The Company shall pay to the Advisor or one of its affiliates a liquidation fee (“Liquidation Fee”) calculated from the value per share resulting from a liquidation event, including but not limited to a sale of all of the Company’s Properties, a public listing of the Company on an exchange, or a merger of the Company with a public or non-public company, equal to 40% of the increase in the resultant value per share as compared to the Highest Prior NAV per share, if any, multiplied by the number of outstanding shares as of the liquidation date, subordinated to payment to stockholders of the Preferred Return, pro-rated for the year in which the liquidation event occurs; provided, however, that the Advisor shall pay 50% of the pro rata portion of its Liquidation Fee attributable to the Large Investors, on a pro rata basis, to the Large Investors.
Segment Reporting, Policy [Policy Text Block]	Segments The Company has invested in single-tenant income-producing Properties. The Company’s real estate Properties exhibit similar long-term financial performance and have similar economic characteristics to each other. As of December 31, 2016, the Company aggregated its investments in real estate into one reportable segment.
Earnings Per Share, Policy [Policy Text Block]	Per Share Data Basic earnings per share is calculated by dividing net income (loss) by the weighted average number of common shares outstanding during the period. Diluted earnings per share of common stock equals basic earnings per share of common stock as there were no potentially dilutive securities outstanding for the year ended December 31, 2016 and for the period from May 14, 2015 (inception) to December 31, 2015. Distributions declared per common share were $ 0.32
Consolidation, Subsidiaries or Other Investments, Consolidated Entities, Policy [Policy Text Block]	Square Footage, Occupancy and Other Measures Square footage, occupancy and other measures used to describe real estate investments included in the Notes to Consolidated Financial Statements are presented on an unaudited basis.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements In April 2015, the FASB issued Accounting Standard Update (“ASU”) No. 2015-03, Interest – Imputation of Interest (Subtopic 835-30) Interest - Imputation of Interest (Subtopic 835-30), Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements In February 2015, the FASB issued ASU No. 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) Revenue Recognition (Topic 605) Leases (Topic 840). Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date In August 2014, the FASB issued ASU No. 2014-15, Presentation of Financial Statements (Subtopic 205-40) Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments In November 2016, the FASB issued ASU No. 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash In January 2017, the FASB issued ASU No. 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business

REAL ESTATE (Tables)

REAL ESTATE (Tables)	12 Months Ended
	Dec. 31, 2016
Real Estate [Abstract]
Schedule of Real Estate Properties [Table Text Block]	Tenant origination Accumulated Total real Land, and depreciation estate Acquisition Property building and absorption and investments, Property Location date type improvements costs amortization net Accredo Orlando, FL 6/15/2016 Office $ 9,656,862 $ 1,053,638 $ (264,787) $ 10,445,713 Walgreens Stockbridge, GA 6/21/2016 Retail 4,147,948 705,423 (177,644) 4,675,727 1905 Hallowell Litchfield, ME 11/04/2016 Retail 1,281,812 116,302 (5,030) 1,393,084 409 US Route Wilton, ME 11/04/2016 Retail 1,543,776 140,653 (6,438) 1,677,991 23 Wert Drive Thompsontown, PA 11/04/2016 Retail 1,199,860 106,730 (4,833) 1,301,757 6696 State Route Mt. Gilead, OH 11/04/2016 Retail 1,174,188 111,847 (4,634) 1,281,401 7970 E Harbor Rd Lakeside, OH 11/04/2016 Retail 1,112,872 100,857 (4,756) 1,208,973 5405 Tiffin Ave Castalia, OH 11/04/2016 Retail 1,102,086 86,408 (4,621) 1,183,873 5900 Hwy Cedar Park, TX 12/27/2016 Office 8,392,906 1,210,873 (20,442) 9,583,337 $ 29,612,310 $ 3,632,731 $ (493,185) $ 32,751,856
Schedule Of Acquisition Of Property [Table Text Block]	Tenant Below- origination Buildings Above- market and Acquisition and market lease absorption Property Location date Land improvements lease intangibles intangibles costs Total Accredo Orlando, FL 6/15/2016 $ 1,706,641 $ 7,950,221 $ - $ - $ 1,053,638 $ 10,710,500 Walgreens Stockbridge, GA 6/21/2016 1,033,105 3,114,843 166,629 - 705,423 5,020,000 1905 Hallowell Litchfield, ME 11/04/2016 293,912 987,900 - - 116,302 1,398,114 409 US Route Wilton, ME 11/04/2016 212,035 1,331,741 - - 140,653 1,684,429 23 Wert Drive Thompsontown, PA 11/04/2016 217,912 981,948 - - 106,730 1,306,590 6696 State Route Mt. Gilead, OH 11/04/2016 283,578 890,610 - - 111,847 1,286,035 7970 E Harbor Rd Lakeside, OH 11/04/2016 176,515 936,357 - - 100,857 1,213,729 5405 Tiffin Ave Castalia, OH 11/04/2016 154,677 947,409 - - 86,408 1,188,494 5900 Hwy Cedar Park, TX 12/27/2016 1,290,863 7,102,043 (151,609) 1,210,873 9,452,169 $ 5,369,238 $ 24,243,072 $ 166,629 $ (151,610) 3,632,731 $ 33,260,060
Schedule of Rent Expense [Table Text Block]	As of December 31, 2016, our portfolio’s highest tenant concentration (greater than 10% of annualized base rent) was as follows: Property and Location Effective Percentage of Accredo, Orlando, FL $ 872,550 $ 36.0 % Walgreens Stockbridge, GA 360,000 14.8 % 5900 Hwy Cedar Park, TX 656,076 27.0 %
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	As of December 31, 2016, the future minimum contractual rental income from the Company’s real estate investments under its non-cancelable operating leases was as follows: Total 2017 $ 2,450,550 2018 2,487,342 2019 2,524,914 2020 2,563,267 2021 1,751,890 Thereafter 6,427,765 $ 18,205,728
Schedule of Finite-Lived Intangible Assets [Table Text Block]	Tenant origination Above-market lease Below-market lease and absorption costs intangibles intangibles Cost $ 3,632,731 $ 166,629 151,610 Accumulated amortization (210,404) (18,052) (843) Net amount $ 3,422,327 $ 148,577 150,767 Increases (decreases) in net income (loss) as a result of amortization of the Company’s tenant origination and absorption costs, above-market lease intangibles and below-market lease intangibles for the year ended December 31, 2016 were as follows: Tenant origination and absorption Above-market lease Below-market lease costs intangibles intangibles Amortization $ (210,404) $ (18,052) $ 843
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	Tenant origination Above-market and absorption Below-market lease intangibles costs lease intangibles 2017 $ 33,326 $ 574,643 $ 20,215 2018 33,326 574,643 20,215 2019 33,326 574,643 20,215 2020 33,326 574,643 20,215 2021 15,273 311,737 20,215 Thereafter - 812,020 49,694 $ 148,577 $ 3,422,329 $ 150,769 Weighted-Average Remaining Amortization Period 5 years 7 years 7 years

DEBT (Tables)

DEBT (Tables)	12 Months Ended
	Dec. 31, 2016
Debt Disclosure [Abstract]
Schedule of Debt [Table Text Block]	Deferred Principal financing Contractual amount costs, net Net balance interest rate Loan maturity Accredo/Walgreens loan $ 7,266,145 $ (152,444) $ 7,113,701 3.95 % 7/1/2021
Schedule of Maturities of Long-term Debt [Table Text Block]	Mortgage Note Unsecured Payable Credit Facility Total 2017 $ 132,180 $ 10,157,803 $ 10,289,983 2018 137,496 - 137,496 2019 143,027 - 143,027 2020 148,780 - 148,780 2021 6,704,663 - 6,704,663 Total principal 7,266,146 10,157,803 17,423,949 Deferred financing costs, net (152,444) (1,118) (153,562) Total $ 7,113,702 $ 10,156,685 $ 17,270,387

FAIR VALUE DISCLOSURES (Tables)

FAIR VALUE DISCLOSURES (Tables)	12 Months Ended
	Dec. 31, 2016
Fair Value Disclosures [Abstract]
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]	The following were the face value, carrying amount and fair value of the Company’s mortgage note payable as of December 31, 2016: Face value Carrying value Fair value Mortgage note payable $ 7,266,145 $ 7,113,701 $ 7,266,145

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	12 Months Ended
	Dec. 31, 2016
Related Party Transactions [Abstract]
Schedule of Related Party Transactions [Table Text Block]	Pursuant to the terms of these agreements, summarized below are the related party costs incurred by the Company for the year ended December 31, 2016 and for the period May 14, 2015 to December 31, 2015 and any related amounts payable as of December 31, 2016 and December 31, 2015: For the period May 14, Year ended December 31, 2016 2015 to December 31, 2015 Incurred Receivable Payable Incurred Payable Expensed Acquisition fees (1) $ 474,121 $ - $ - $ - $ - Asset management fees (1) (4) 116,952 - 29,577 - - Expense reimbursements from Sponsor (951,601) 79,862 - - - Waiver of asset management fees (4) (27,501) - - - - Capitalized Acquisition fees 505,608 - 274,200 - - Additional paid-in-capital Reimbursable organizational and offering expenses (3) 731,315 - 79,645 6,000 6,000 Other Costs advanced by Sponsor (2) - - - 1,000 1,000 Costs reimbursable from Rich Uncles REIT I (5) 28,571 28,571 - $ 877,465 $ 108,433 $ 383,422 $ 7,000 $ 7,000 (1) Included in fees to affiliates in the accompanying consolidated statements of operations. (2) The Sponsor advanced $ 1,000 (3) As of December 31, 2016, the Sponsor had incurred $ 1,881,958 3 (4) To the extent the Advisor elects, in its sole discretion, to defer all or any portion of its monthly Asset Management Fee, the Advisor will be deemed to have waived, not deferred, that portion up to 0.025 27,501 (5) The Company incurred $ 28,571

PRO FORMA FINANCIAL INFORMATI24

PRO FORMA FINANCIAL INFORMATION (UNAUDITED) (Tables)	12 Months Ended
	Dec. 31, 2016
Business Combinations [Abstract]
Business Acquisition, Pro Forma Information [Table Text Block]	The following table summarizes, on an unaudited pro forma basis, the combined results of operations of the Company for the years ended December 31, 2016 and 2015. The Company acquired nine Properties during the year ended December 31, 2016. The following unaudited pro forma information for the years ended December 31, 2016 and 2015 has been prepared to give effect to the acquisitions as if the acquisitions had occurred on January 1, 2015. This pro forma information does not purport to represent what the actual results of operations of the Company would have been had these acquisitions occurred on this date, nor does it purport to predict the results of operations for future periods. For the Years Ended December 31, 2016 2015 Revenues $ 3,091,194 $ 1,931,992 Depreciation and amortization $ 1,544,205 $ 965,137 Net income $ 425,865 $ 264,998

SELECTED QUARTERLY FINANCIAL 25

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)	12 Months Ended
	Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Information [Table Text Block]	Presented below in a summary of the unaudited quarterly financial information for the year ended December 31, 2016 and for the period May 14, 2015 (inception) to December 31, 2015: 2016 First Quarter Second Quarter Third Quarter Fourth Quarter Revenues $ - $ 41,466 $ 359,544 $ 460,734 Net loss (91) (593,679) (299,625) (344,046) Net loss per common share, basic and diluted - (29.68) (1.39) (0.42) Distributions declared per common share - - 0.14 0.18 2015 First Quarter Second Quarter Third Quarter Fourth Quarter Revenues $ - $ - $ - $ - Net loss - (3,000) (36) (3,149) Net loss per common share, basic and diluted - (4.60) - (0.31) Distributions declared per common share - - - -

BUSINESS AND ORGANIZATION (Deta

BUSINESS AND ORGANIZATION (Details Textual) - USD ($)	1 Months Ended			8 Months Ended	12 Months Ended
	Jul. 20, 2016	Oct. 19, 2015	Jun. 24, 2015	Dec. 31, 2015	Dec. 31, 2016	Dec. 08, 2016	Jul. 15, 2015
Business And Organisation [Line Items]
Authority To Issue of Common Stock		250,000,000
Minimum Investment in Shares Value		$ 500
Common Stock, Shares Authorized		200,000,000		200,000,000	200,000,000
Common Stock, Par or Stated Value Per Share		$ 0.001		$ 0.001	$ 0.001
Preferred Stock, Shares Authorized		50,000,000		50,000,000	50,000,000
Preferred Stock, Par or Stated Value Per Share		$ 0.001		$ 0.001	$ 0.001
Share Price		$ 10			$ 10
Limited Liability Company (LLC) or Limited Partnership (LP), Managing Member or General Partner, Ownership Interest					99.00%
Limited Liability Company (LLC) or Limited Partnership (LP), Members or Limited Partners, Ownership Interest					1.00%
Stock Issued During Period, Shares, New Issues	2,437,718
Common Stock, Value, Subscriptions						$ 1,000,000
Stock Issued During Period, Value, New Issues	$ 24,377,178			$ 200,000	$ 24,377,178
Common Stock, Shares, Outstanding				20,000	2,458,881
Stock Redeemed or Called During Period, Value					$ 83,843
Common Stock [Member]
Business And Organisation [Line Items]
Stock Issued During Period, Shares, New Issues				20,000	2,437,718
Stock Issued During Period, Value, New Issues				$ 20	$ 2,438
Stock Redeemed or Called During Period, Shares					8,637
Stock Redeemed or Called During Period, Value					$ 10
Distribution Reinvestment Plan [Member]
Business And Organisation [Line Items]
Stock Issued During Period, Shares, New Issues	12,500
Stock Issued During Period, Value, New Issues	$ 125,000
IPO [Member]
Business And Organisation [Line Items]
Common Stock, Value, Subscriptions							$ 900,000,000
DRP Offering [Member]
Business And Organisation [Line Items]
Common Stock, Value, Subscriptions							$ 100,000,000
Sponsor [Member]
Business And Organisation [Line Items]
Stock Issued During Period, Shares, New Issues			10,000
Shares Issued, Price Per Share			$ 10
Common Stock, Shares, Outstanding					0.001

SUMMARY OF SIGNIFICANT ACOUNT27

SUMMARY OF SIGNIFICANT ACOUNTING POLICIES (Details Textual) - USD ($)

3 Months Ended

8 Months Ended

12 Months Ended

Dec. 31, 2016

Sep. 30, 2016

Jun. 30, 2016

Mar. 31, 2016

Dec. 31, 2015

Sep. 30, 2015

Jun. 30, 2015

Mar. 31, 2015

Dec. 31, 2015

Dec. 31, 2016

Dec. 31, 2017

Dec. 08, 2016

Oct. 19, 2015

Accounting Policies [Line Items]

Minimum Percentage Distribute of Taxable Income To Shareholders

90.00%

Stock Redemption Percentage On Weighted-Average Number Of Shares Outstanding

5.00%

5.00%

Share Price

$ 10

$ 10

$ 10

Percentage of Acquisition Fees upon Contract Purchase Price

3.00%

Percentage Of Assets Management Fees Paid By Advisor

50.00%

Common Stock, Shares Subscribed but Unissued

100,000

Common Stock, Value, Subscriptions

$ 1,000,000

Financing Coordination Fee, Percentage

1.00%

1.00%

Property Management Fee, Percent Fee

1.50%

Common Stock, Dividends, Per Share, Declared

$ 0.18

$ 0.14

$ 0

$ 0

$ 0

$ 0

$ 0

$ 0

$ 0

$ 0.32

Advisor [Member]

Accounting Policies [Line Items]

Asset Management Fees Percentage

0.10%

Disposition Fees Description

the Company shall pay to its Advisor or an affiliate 3.0% of the Contract Sales Price, as defined, of each of the Properties sold; provided, however, that if, in connection with such disposition, commissions are paid to third parties unaffiliated with its Advisor or its affiliates, the disposition fees paid to its Advisor, sponsors, their affiliates and unaffiliated third parties may not exceed the lesser of the competitive real estate commission or 6.0% of the Contract Sales Price.

Leasing Commission Fees Description

the Company shall pay to the Advisor leasing commissions equal to 6.0% of the rents due pursuant to such lease for the first ten years of the lease term; provided, however (i) if the term of the lease is less than ten years, such commission percentage will apply to the full term of the lease and (ii) any rents due under a renewal of a lease of an existing tenant upon expiration of the initial lease agreement (including any extensions provided for thereunder) shall accrue a commission of 3.0% in lieu of the aforementioned 6.0% commission.

Subordinated Participation Fees Description

The subordinated participation fee is only due if the Preferred Return, as defined, is achieved and is equal to the sum of: (i) 40% of the product of (a) the difference of (x) the Preliminary NAV per share minus (y) the Highest Prior NAV per share, multiplied by (b) the number of shares outstanding as of December 31 of the relevant annual period, but only if this results in a positive number, plus (ii) 40% of the product of: (a) the amount by which aggregate cash distributions to stockholders during the annual period, excluding return of capital distributions, divided by the weighted average number of shares outstanding for the annual period, exceed the Preferred Return, multiplied by (b) the weighted average number of shares outstanding for the annual period calculated on a monthly basis; provided.

Scenario, Forecast [Member]

Accounting Policies [Line Items]

Stock Redemption percentage Of Net Asset Value, Per Month

2.00%

Stock Redemption percentage Of Net Asset Value, Per Quarter

5.00%

Stock Redemption percentage Of Net Asset Value, Per Annum

20.00%

Less Than One Year [Member]

Accounting Policies [Line Items]

Stock Redemption Price Percentage

97.00%

97.00%

At least One Year [Member]

Accounting Policies [Line Items]

Stock Redemption Price Percentage

98.00%

98.00%

At Least Two Years [Member]

Accounting Policies [Line Items]

Stock Redemption Price Percentage

99.00%

99.00%

At Least Three Years [Member]

Accounting Policies [Line Items]

Stock Redemption Price Percentage

100.00%

100.00%

Maximum [Member]

Accounting Policies [Line Items]

Percentage of Acquisition Fees upon Contract Purchase Price

6.00%

Site Improvement [Member]

Accounting Policies [Line Items]

Property, Plant and Equipment, Useful Life

15 years

Property, Plant and Equipment, Estimated Useful Lives

Shorter of 15 years or remaining contractual lease term

Tanent Improvement [Member]

Accounting Policies [Line Items]

Property, Plant and Equipment, Useful Life

15 years

Property, Plant and Equipment, Estimated Useful Lives

Shorter of 15 years or remaining contractual lease term

Building [Member] | Minimum [Member]

Accounting Policies [Line Items]

Property, Plant and Equipment, Useful Life

35 years

Building [Member] | Maximum [Member]

Accounting Policies [Line Items]

Property, Plant and Equipment, Useful Life

40 years

REAL ESTATE (Details)

REAL ESTATE (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Real Estate [Line Items]
Land, building and improvements	$ 29,612,310
Tenant origination and absorption costs	3,632,731	$ 0
Accumulated depreciation and amortization	(493,185)	0
Total real estate investments, net	$ 32,751,856	$ 0
Accredo [Member]
Real Estate [Line Items]
Real Estate, Acquisition, Description	Accredo
Real Estate, Acquisition, Property Location	Orlando, FL
Walgreens [Member]
Real Estate [Line Items]
Real Estate, Acquisition, Description	Walgreens
Real Estate, Acquisition, Property Location	Stockbridge, GA
1905 Hallowell [Member]
Real Estate [Line Items]
Real Estate, Acquisition, Description	1905 Hallowell
Real Estate, Acquisition, Property Location	Litchfield, ME
409 US Route [Member]
Real Estate [Line Items]
Real Estate, Acquisition, Description	409 US Route
Real Estate, Acquisition, Property Location	Wilton, ME
23 Wert Drive [Member]
Real Estate [Line Items]
Real Estate, Acquisition, Description	23 Wert Drive
Real Estate, Acquisition, Property Location	Thompsontown, PA
6696 State Route [Member]
Real Estate [Line Items]
Real Estate, Acquisition, Description	6696 State Route
Real Estate, Acquisition, Property Location	Mt. Gilead, OH
7970 E Harbor Rd [Member]
Real Estate [Line Items]
Real Estate, Acquisition, Description	7970 E Harbor Rd
Real Estate, Acquisition, Property Location	Lakeside, OH
5405 Tiffin Ave [Member]
Real Estate [Line Items]
Real Estate, Acquisition, Description	5405 Tiffin Ave
Real Estate, Acquisition, Property Location	Castalia, OH
5900 Hwy [Member]
Real Estate [Line Items]
Real Estate, Acquisition, Description	5900 Hwy
Real Estate, Acquisition, Property Location	Cedar Park, TX
Office Building [Member] | Accredo [Member]
Real Estate [Line Items]
Land, building and improvements	$ 9,656,862
Tenant origination and absorption costs	1,053,638
Accumulated depreciation and amortization	(264,787)
Total real estate investments, net	10,445,713
Office Building [Member] | 5900 Hwy [Member]
Real Estate [Line Items]
Land, building and improvements	8,392,906
Tenant origination and absorption costs	1,210,873
Accumulated depreciation and amortization	(20,442)
Total real estate investments, net	9,583,337
Retail Site [Member] | Walgreens [Member]
Real Estate [Line Items]
Land, building and improvements	4,147,948
Tenant origination and absorption costs	705,423
Accumulated depreciation and amortization	(177,644)
Total real estate investments, net	4,675,727
Retail Site [Member] | 1905 Hallowell [Member]
Real Estate [Line Items]
Land, building and improvements	1,281,812
Tenant origination and absorption costs	116,302
Accumulated depreciation and amortization	(5,030)
Total real estate investments, net	1,393,084
Retail Site [Member] | 409 US Route [Member]
Real Estate [Line Items]
Land, building and improvements	1,543,776
Tenant origination and absorption costs	140,653
Accumulated depreciation and amortization	(6,438)
Total real estate investments, net	1,677,991
Retail Site [Member] | 23 Wert Drive [Member]
Real Estate [Line Items]
Land, building and improvements	1,199,860
Tenant origination and absorption costs	106,730
Accumulated depreciation and amortization	(4,833)
Total real estate investments, net	1,301,757
Retail Site [Member] | 6696 State Route [Member]
Real Estate [Line Items]
Land, building and improvements	1,174,188
Tenant origination and absorption costs	111,847
Accumulated depreciation and amortization	(4,634)
Total real estate investments, net	1,281,401
Retail Site [Member] | 7970 E Harbor Rd [Member]
Real Estate [Line Items]
Land, building and improvements	1,112,872
Tenant origination and absorption costs	100,857
Accumulated depreciation and amortization	(4,756)
Total real estate investments, net	1,208,973
Retail Site [Member] | 5405 Tiffin Ave [Member]
Real Estate [Line Items]
Land, building and improvements	1,102,086
Tenant origination and absorption costs	86,408
Accumulated depreciation and amortization	(4,621)
Total real estate investments, net	$ 1,183,873

REAL ESTATE (Details 1)

REAL ESTATE (Details 1) - USD ($)	8 Months Ended	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2016
Real Estate [Line Items]
Payments to Acquire Real Estate	$ 0	$ 32,985,860
Accredo [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		$ 10,710,500
Real Estate, Acquisition, Description		Accredo
Real Estate, Acquisition, Property Location		Orlando, FL
Walgreens [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		$ 5,020,000
Real Estate, Acquisition, Description		Walgreens
Real Estate, Acquisition, Property Location		Stockbridge, GA
5900 Hwy [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		$ 9,452,169
Real Estate, Acquisition, Description		5900 Hwy
Real Estate, Acquisition, Property Location		Cedar Park, TX
1905 Hallowell [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		$ 1,398,114
Real Estate, Acquisition, Description		1905 Hallowell
Real Estate, Acquisition, Property Location		Litchfield, ME
409 US Route [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		$ 1,684,429
Real Estate, Acquisition, Description		409 US Route
Real Estate, Acquisition, Property Location		Wilton, ME
23 Wert Drive [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		$ 1,306,590
Real Estate, Acquisition, Description		23 Wert Drive
Real Estate, Acquisition, Property Location		Thompsontown, PA
6696 State Route [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		$ 1,286,035
Real Estate, Acquisition, Description		6696 State Route
Real Estate, Acquisition, Property Location		Mt. Gilead, OH
7970 E Harbor Rd [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		$ 1,213,729
Real Estate, Acquisition, Description		7970 E Harbor Rd
Real Estate, Acquisition, Property Location		Lakeside, OH
5405 Tiffin Ave [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		$ 1,188,494
Real Estate, Acquisition, Description		5405 Tiffin Ave
Real Estate, Acquisition, Property Location		Castalia, OH
Land [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		$ 5,369,238
Land [Member] | Accredo [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		1,706,641
Land [Member] | Walgreens [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		1,033,105
Land [Member] | 5900 Hwy [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		1,290,863
Land [Member] | 1905 Hallowell [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		293,912
Land [Member] | 409 US Route [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		212,035
Land [Member] | 23 Wert Drive [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		217,912
Land [Member] | 6696 State Route [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		283,578
Land [Member] | 7970 E Harbor Rd [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		176,515
Land [Member] | 5405 Tiffin Ave [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		154,677
Buildings and Improvements [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		24,243,072
Buildings and Improvements [Member] | Accredo [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		7,950,221
Buildings and Improvements [Member] | Walgreens [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		3,114,843
Buildings and Improvements [Member] | 5900 Hwy [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		7,102,043
Buildings and Improvements [Member] | 1905 Hallowell [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		987,900
Buildings and Improvements [Member] | 409 US Route [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		1,331,741
Buildings and Improvements [Member] | 23 Wert Drive [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		981,948
Buildings and Improvements [Member] | 6696 State Route [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		890,610
Buildings and Improvements [Member] | 7970 E Harbor Rd [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		936,357
Buildings and Improvements [Member] | 5405 Tiffin Ave [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		947,409
Above Market Leases [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		166,629
Above Market Leases [Member] | Accredo [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		0
Above Market Leases [Member] | Walgreens [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		166,629
Above Market Leases [Member] | 1905 Hallowell [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		0
Above Market Leases [Member] | 409 US Route [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		0
Above Market Leases [Member] | 23 Wert Drive [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		0
Above Market Leases [Member] | 6696 State Route [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		0
Above Market Leases [Member] | 7970 E Harbor Rd [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		0
Above Market Leases [Member] | 5405 Tiffin Ave [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		0
Below Market Leases [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		151,610
Below Market Leases [Member] | Accredo [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		0
Below Market Leases [Member] | Walgreens [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		0
Below Market Leases [Member] | 5900 Hwy [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		151,609
Below Market Leases [Member] | 1905 Hallowell [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		0
Below Market Leases [Member] | 409 US Route [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		0
Below Market Leases [Member] | 23 Wert Drive [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		0
Below Market Leases [Member] | 6696 State Route [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		0
Below Market Leases [Member] | 7970 E Harbor Rd [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		0
Below Market Leases [Member] | 5405 Tiffin Ave [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		0
Tenant origination and absorption costs [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		3,632,731
Tenant origination and absorption costs [Member] | Accredo [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		1,053,638
Tenant origination and absorption costs [Member] | Walgreens [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		705,423
Tenant origination and absorption costs [Member] | 5900 Hwy [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		1,210,873
Tenant origination and absorption costs [Member] | 1905 Hallowell [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		116,302
Tenant origination and absorption costs [Member] | 409 US Route [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		140,653
Tenant origination and absorption costs [Member] | 23 Wert Drive [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		106,730
Tenant origination and absorption costs [Member] | 6696 State Route [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		111,847
Tenant origination and absorption costs [Member] | 7970 E Harbor Rd [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		100,857
Tenant origination and absorption costs [Member] | 5405 Tiffin Ave [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		$ 86,408

REAL ESTATE (Details 2)

REAL ESTATE (Details 2)	12 Months Ended
	Dec. 31, 2016USD ($)
Accredo, Orlando, FL [Member]
Real Estate Properties [Line Items]
Effective Annual Base Rent	$ 872,550
Accredo, Orlando, FL [Member] | Sales Revenue, Net [Member]
Real Estate Properties [Line Items]
Percentage of Annualized Base Rent	36.00%
Walgreens Stockbridge, GA [Member]
Real Estate Properties [Line Items]
Effective Annual Base Rent	$ 360,000
Walgreens Stockbridge, GA [Member] | Sales Revenue, Net [Member]
Real Estate Properties [Line Items]
Percentage of Annualized Base Rent	14.80%
5900 Hwy Cedar Park, TX [Member]
Real Estate Properties [Line Items]
Effective Annual Base Rent	$ 656,076
5900 Hwy Cedar Park, TX [Member] | Sales Revenue, Net [Member]
Real Estate Properties [Line Items]
Percentage of Annualized Base Rent	27.00%

REAL ESTATE (Details 3)

REAL ESTATE (Details 3)	Dec. 31, 2016USD ($)
2,017	$ 2,450,550
2,018	2,487,342
2,019	2,524,914
2,020	2,563,267
2,021	1,751,890
Thereafter	6,427,765
Operating Leases, Future Minimum Payments Receivable	$ 18,205,728

REAL ESTATE (Details 4)

REAL ESTATE (Details 4)	12 Months Ended
	Dec. 31, 2016USD ($)
Tenant origination and absorption costs [Member]
Cost	$ 3,632,731
Accumulated amortization	(210,404)
Net amount	3,422,329
Amortization	(210,404)
Above market lease [Member]
Cost	166,629
Accumulated amortization	(18,052)
Net amount	148,577
Amortization	(18,052)
Below-market lease intangibles [Member]
Cost	151,610
Accumulated amortization	(843)
Net amount	150,769
Amortization	$ 843

REAL ESTATE (Details 5)

REAL ESTATE (Details 5)	12 Months Ended
	Dec. 31, 2016USD ($)
Above market lease intangibles [Member]
Real Estate [Line Items]
2,017	$ 33,326
2,018	33,326
2,019	33,326
2,020	33,326
2,021	15,273
Thereafter	0
Finite-Lived Intangible Assets, Net	$ 148,577
Weighted-Average Remaining Amortization Period	5 years
Tenant origination and absorption costs intangibles [Member]
Real Estate [Line Items]
2,017	$ 574,643
2,018	574,643
2,019	574,643
2,020	574,643
2,021	311,737
Thereafter	812,020
Finite-Lived Intangible Assets, Net	$ 3,422,329
Weighted-Average Remaining Amortization Period	7 years
Below-market lease intangibles [Member]
Real Estate [Line Items]
2,017	$ 20,215
2,018	20,215
2,019	20,215
2,020	20,215
2,021	20,215
Thereafter	49,694
Finite-Lived Intangible Assets, Net	$ 150,769
Weighted-Average Remaining Amortization Period	7 years

REAL ESTATE (Details Textual)

REAL ESTATE (Details Textual) - USD ($)	8 Months Ended	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2016
Real Estate [Line Items]
Acquisition Costs, Period Cost	$ 0	$ 73,027
Real Estate Revenue, Net	0	709,982
Capitalized Acquisition Costs		675,961
Operating Expenses	$ 6,185	2,999,993
Accredo and Walgreens acquisitions [Member]
Real Estate [Line Items]
Acquisition Costs, Period Cost		547,148
Real Estate Revenue, Net		748,481
Operating Expenses		$ 152,915
Accredo [Member]
Real Estate [Line Items]
Concentration Risk, Percentage		25.00%
5900 Hwy [Member]
Real Estate [Line Items]
Concentration Risk, Percentage		23.00%

INVESTMENTS (Details Textual)

INVESTMENTS (Details Textual) - USD ($)	8 Months Ended	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2016
Investment Holdings [LineItems]
Income (Loss) from Equity Method Investments	$ 0	$ (79,271)
Rich Uncles Real Estate Investment Trust 1 [Member]
Investment Holdings [LineItems]
Investment In Values Affiliate		$ 3,643,518
Investment In Shares Affiliate		364,352
Percentage of Ownership Interest		4.45%
Real Estate Investments, Unconsolidated Real Estate and Other Joint Ventures		$ 3,523,809
Income (Loss) from Equity Method Investments		$ (79,271)

DEBT (Details)

DEBT (Details)	12 Months Ended
	Dec. 31, 2016USD ($)
Short Term Debt [LineItems]
Deferred Financing Costs, Net	$ (153,562)
Net Balance	17,270,387
Mortgage Note Payable [Member]
Short Term Debt [LineItems]
Principal Amount	7,266,145
Deferred Financing Costs, Net	(152,444)
Net Balance	$ 7,113,701
Contractual Interest Rate	3.95%
Loan Maturity	Jul. 1, 2021

DEBT (Details 1)

DEBT (Details 1)	Dec. 31, 2016USD ($)
Debt Instrument [Line Items]
2,017	$ 10,289,983
2,018	137,496
2,019	143,027
2,020	148,780
2,021	6,704,663
Total principal	17,423,949
Deferred financing costs, net	(153,562)
Total	17,270,387
Mortgage note payable [Member]
Debt Instrument [Line Items]
2,017	132,180
2,018	137,496
2,019	143,027
2,020	148,780
2,021	6,704,663
Total principal	7,266,146
Deferred financing costs, net	(152,444)
Total	7,113,701
Unsecured Credit Facility [Member]
Debt Instrument [Line Items]
2,017	10,157,803
2,018	0
2,019	0
2,020	0
2,021	0
Total principal	10,157,803
Deferred financing costs, net	(1,118)
Total	$ 10,156,685

DEBT (Details Textual)

DEBT (Details Textual) - USD ($)	Jun. 07, 2016	Dec. 31, 2015	Dec. 31, 2016
Debt Instrument [Line Items]
Debt Issuance Costs, Net			$ 153,562
Interest Expense		$ 0	395,110
Interest Payable			26,339
Amortization of Debt Issuance Costs			19,651
Unsecured Debt [Member]
Debt Instrument [Line Items]
Debt Issuance Costs, Net			$ 1,118
Pacific Mercantile Bank [Member] | Unsecured Debt [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 12,000,000
Unsecured Credit Agreement [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Interest Rate Description	an interest rate equal to 1% over an independent index which is the highest rate on corporate loans, which had posted by at least 75% of the USAs thirty (30) largest banks known as The Wall Street Journal Prime Rate as published in the Wall Street Journal (the Index), which had an initial rate of 4.5%.
Line of Credit Facility, Interest Rate at Period End			4.50%
Line of Credit Facility, Expiration Date			Jun. 15, 2017
Debt Issuance Costs, Net			$ 2,547
Long-term Line of Credit			10,157,803
Amortization of Debt Issuance Costs			$ 1,429

FAIR VALUE DISCLOSURES (Details

FAIR VALUE DISCLOSURES (Details)	Dec. 31, 2016USD ($)
Fair Value, Concentration of Risk, Financial Statement Captions [Line Items]
Net Balance	$ 17,270,387
Mortgage note payable [Member]
Fair Value, Concentration of Risk, Financial Statement Captions [Line Items]
Face value	7,266,145
Net Balance	7,113,701
Fair value	$ 7,266,145

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - USD ($)		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015
Related Party Transaction [Line Items]
Due from Related Parties		$ 108,433
Due to Affiliates		383,422	$ 7,000
Incurred To Related Parties		877,465	7,000
Additional Paid-in Capital [Member]
Related Party Transaction [Line Items]
Expenses incurred To Related Parties	[1]	731,315	6,000
Due from Related Parties	[1]	0
Due to Affiliates	[1]	79,645	6,000
Acquisition Fee [Member]
Related Party Transaction [Line Items]
Expenses incurred To Related Parties	[2]	474,121	0
Due from Related Parties	[2]	0
Due to Affiliates	[2]	0	0
Asset Management Fees [Member]
Related Party Transaction [Line Items]
Expenses incurred To Related Parties	[2],[3]	116,952	0
Due from Related Parties	[2],[3]	0
Due to Affiliates	[2],[3]	29,577	0
Costs Advanced By The Sponsor [Member]
Related Party Transaction [Line Items]
Expenses incurred To Related Parties	[4]	0	1,000
Due from Related Parties	[4]	0
Due to Affiliates	[4]	0	1,000
Expense reimbursements from Sponsor [Member]
Related Party Transaction [Line Items]
Expenses incurred To Related Parties			0
Due from Related Parties		79,862
Due to Affiliates		0	0
Incurred To Related Parties		(951,601)
Waiver of Assets Management Fees [Member]
Related Party Transaction [Line Items]
Expenses incurred To Related Parties	[3]		0
Due from Related Parties	[3]	0
Due to Affiliates	[3]	0	0
Incurred To Related Parties	[3]	(27,501)
Capitalized Acquisition Fees [Member]
Related Party Transaction [Line Items]
Expenses incurred To Related Parties		505,608	0
Due from Related Parties		0
Due to Affiliates		274,200	0
Costs reimbursable from Rich Uncles REIT I [Member]
Related Party Transaction [Line Items]
Expenses incurred To Related Parties	[5]	28,571
Due from Related Parties	[5]	28,571
Due to Affiliates	[5]	$ 0
[1]	As of December 31, 2016, the Sponsor had incurred $1,881,958 of organizational and offering costs on behalf of the Company. However, the Company is only obligated to reimburse the Sponsor for such organizational and offering costs to the extent of 3% of gross offering proceeds. The payable related to this obligation at December 31, 2016 is reflected in “Due to affiliates” on the consolidated balance sheets.
[2]	Included in fees to affiliates in the accompanying consolidated statements of operations.
[3]	To the extent the Advisor elects, in its sole discretion, to defer all or any portion of its monthly Asset Management Fee, the Advisor will be deemed to have waived, not deferred, that portion up to 0.025% of the total investment value of the Company’s assets. For the year December 31, 2016, the Advisor deferred and waived $27,501 of asset management fees, which will not subject to future recoupment by the Advisor.
[4]	The Sponsor advanced $1,000 to the Company related to the opening of a bank account, which is reflected in “Due to affiliates” on the consolidated balance sheet.
[5]	The Company incurred $28,571 of costs in conjunction with due diligence for a property acquisition which are owed to the Company from Rich Uncles REIT I as of December 31, 2016 and reflected in “Due from affiliates” on the consolidated balance sheet.

RELATED PARTY TRANSACTIONS (D41

RELATED PARTY TRANSACTIONS (Details Textual) - USD ($)		1 Months Ended		8 Months Ended	12 Months Ended
		Jul. 20, 2016	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Related Party Transaction [Line Items]
Due to Related Parties				$ 7,000	$ 383,422	$ 7,000
Related Party Transaction, Other Revenues from Transactions with Related Party					$ (877,465)	$ (7,000)
Operating Expenses Reimbursement, Maximum Limit Reimbursements					Under the prospectus, total operating expenses of the Company are limited to the greater of 2% of average invested assets or 25% of net income for the four most recently completed fiscal quarters (2%/25% Limitation).
Due from Related Parties					$ 108,433
Stock Issued During Period, Shares, New Issues		2,437,718
Stock Issued During Period, Value, New Issues		$ 24,377,178		$ 200,000	24,377,178
Sponsor [Member]
Related Party Transaction [Line Items]
Due to Related Parties					1,000
Stock Issued During Period, Shares, New Issues						20,000
Stock Issued During Period, Value, New Issues						$ 200,000
Shares Issued, Price Per Share				$ 10		$ 10
Stock Repurchased During Period, Shares			20,000
Stock Repurchased During Period, Value			$ 200,000
Messrs. Wirta [Member]
Related Party Transaction [Line Items]
Stock Issued During Period, Shares, New Issues			6,667
Stock Issued During Period, Value, New Issues			$ 66,667
Shares Issued, Price Per Share			$ 10
Messrs. Hofer [Member]
Related Party Transaction [Line Items]
Stock Issued During Period, Shares, New Issues			6,667
Stock Issued During Period, Value, New Issues			$ 66,667
Shares Issued, Price Per Share			$ 10
Messrs. Makler [Member]
Related Party Transaction [Line Items]
Stock Issued During Period, Shares, New Issues			6,667
Stock Issued During Period, Value, New Issues			$ 66,667
Shares Issued, Price Per Share			$ 10
Reimbursable Organizational and Offering Expenses [Member]
Related Party Transaction [Line Items]
Due to Related Parties					79,645
Accrual organization and offering cost					657,670
Related Party Transaction, Expenses from Transactions with Related Party					$ 731,315
Reimbursable Organizational and Offering Expenses [Member] | Sponsor [Member]
Related Party Transaction [Line Items]
Gross Offering Proceeds Percentage					3.00%
Waiver Of Assets Management Fees [Member]
Related Party Transaction [Line Items]
Due to Related Parties	[1]			$ 0	$ 0	$ 0
Asset Management Fees Waive Percentage					0.025%
Related Party Transaction, Other Revenues from Transactions with Related Party	[1]				$ 27,501
Related Party Transaction, Expenses from Transactions with Related Party	[1]					0
Due from Related Parties	[1]				0
Expense reimbursement from Sponsor [Member]
Related Party Transaction [Line Items]
Due to Related Parties				$ 0	0	0
Related Party Transaction, Other Revenues from Transactions with Related Party					951,601
Related Party Transaction, Expenses from Transactions with Related Party						$ 0
Due from Related Parties					79,862
Rich Uncles REIT I [Member]
Related Party Transaction [Line Items]
Accrual organization and offering cost, Related Party					1,881,958
Repayments of Related Party Debt					95,730
Related Party Transaction, Expenses from Transactions with Related Party					$ 28,571
[1]	To the extent the Advisor elects, in its sole discretion, to defer all or any portion of its monthly Asset Management Fee, the Advisor will be deemed to have waived, not deferred, that portion up to 0.025% of the total investment value of the Company’s assets. For the year December 31, 2016, the Advisor deferred and waived $27,501 of asset management fees, which will not subject to future recoupment by the Advisor.

PRO FORMA FINANCIAL INFORMATI42

PRO FORMA FINANCIAL INFORMATION (UNAUDITED) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Revenues	$ 3,091,194	$ 1,931,992
Depreciation and amortization	1,544,205	965,137
Net income	$ 425,865	$ 264,998

PRO FORMA FINANCIAL INFORMATI43

PRO FORMA FINANCIAL INFORMATION (UNAUDITED) (Details Textual)	12 Months Ended
	Dec. 31, 2016USD ($)
Business Combination, Acquisition Related Costs	$ 547,148

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details Textual)	12 Months Ended
	Dec. 31, 2016
COMMITMENTS AND CONTINGENCIES [Line Items]
Projected Revenue Description	Company's investments in real estate are concentrated in two investment types with over 64% of projected revenues procuring from two office properties

SELECTED QUARTERLY FINANCIAL 45

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) (Details) - USD ($)	3 Months Ended								8 Months Ended	12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2015	Dec. 31, 2016
Revenues	$ 460,734	$ 359,544	$ 41,466	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 861,744
Net loss	$ (344,046)	$ (299,625)	$ (593,679)	$ (91)	$ (3,149)	$ (36)	$ (3,000)	$ 0	$ (6,185)	$ (1,237,441)
Net loss per common share, basic and diluted	$ (0.42)	$ (1.39)	$ (29.68)	$ 0	$ (0.31)	$ 0	$ (4.60)	$ 0	$ (4.95)	$ (2.89)
Distributions declared per common share	$ 0.18	$ 0.14	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0.32

SUBSEQUENT EVENTS (Details Text

SUBSEQUENT EVENTS (Details Textual)	Mar. 10, 2017USD ($)$ / shares	Mar. 07, 2017USD ($)ft²	Feb. 10, 2017USD ($)$ / shares	Feb. 09, 2017USD ($)ft²	Jan. 10, 2017USD ($)$ / shares	Mar. 14, 2016USD ($)	Mar. 28, 2017USD ($)	Mar. 27, 2017USD ($)ft²shares	Jul. 20, 2016USD ($)shares	Dec. 31, 2015USD ($)	Dec. 31, 2016USD ($)
Subsequent Event [Line Items]
Stock Issued During Period, Shares, New Issues | shares									2,437,718
Stock Issued During Period, Value, New Issues									$ 24,377,178	$ 200,000	$ 24,377,178
Payments to Acquire Real Estate										$ 0	$ 32,985,860
Mortgages [Member]
Subsequent Event [Line Items]
Debt Instrument, Interest Rate, Stated Percentage						4.69%
Proceeds from Issuance of First Mortgage Bond						$ 3,986,988
Debt Instrument, Maturity Date						Apr. 1, 2022
Subsequent Event [Member]
Subsequent Event [Line Items]
Stock Issued During Period, Shares, New Issues | shares								4,371,458
Stock Issued During Period, Value, New Issues								$ 43,714,584
Area of Real Estate Property | ft²		107,419		70,960				34,262
Payments to Acquire Real Estate		$ 13,270,000		$ 12,750,000				$ 6,750,000
Stock Issued During Period, Shares, Dividend Reinvestment Plan | shares								51,172
Stock Issued During Period, Value, Dividend Reinvestment Plan								$ 511,723
Dividends Payable, Amount Per Share Per Day | $ / shares	$ 0.00208333		$ 0.00188172		$ 0.00188172
Dividends Payable	$ 161,324		$ 161,324		$ 120,956
Dividends Payable, Date to be Paid	Mar. 10, 2017		Feb. 10, 2017		Jan. 10, 2017
Subsequent Event [Member] | Mortgages [Member]
Subsequent Event [Line Items]
Debt Instrument, Interest Rate, Stated Percentage							4.56%
Proceeds from Issuance of First Mortgage Bond							$ 4,758,000
Debt Instrument, Maturity Date							Apr. 1, 2023

Schedule III-Real Estate Asse47

Schedule III-Real Estate Assets and Accumulated Depreciation and Amortization (Details) - USD ($)		12 Months Ended
		Dec. 31, 2016		Dec. 31, 2015	Dec. 31, 2014
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances		$ 7,266,145
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land		5,369,238
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	[1]	27,875,803
Real Estate and Accumulated Depreciation, Initial Cost of Land, Buildings and Improvements		33,245,041
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements		0
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land		5,369,238
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	[1]	27,875,803
SEC Schedule III, Real Estate, Gross		33,245,041	[2]	$ 0	$ 0
SEC Schedule III, Real Estate Accumulated Depreciation		$ (493,185)		$ 0	$ 0
Accredo [Member]
Real Estate, Acquisition, Description		Accredo
Real Estate, Acquisition, Property Location		Orlando, FL
Real Estate, Acquisition, Ownership Percentage		100.00%
Real Estate And Accumulated Depreciation Year Of Construction 1		2,006
SEC Schedule III, Real Estate and Accumulated Depreciation, Date Acquired		Jun. 15, 2016
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances		$ 5,023,673
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land		1,706,641
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	[1]	9,003,859
Real Estate and Accumulated Depreciation, Initial Cost of Land, Buildings and Improvements		10,710,500
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements		0
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land		1,706,641
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	[1]	9,003,859
SEC Schedule III, Real Estate, Gross	[2]	10,710,500
SEC Schedule III, Real Estate Accumulated Depreciation		$ (264,787)
Walgreens [Member]
Real Estate, Acquisition, Description		Walgreens
Real Estate, Acquisition, Property Location		Stockbridge, GA
Real Estate, Acquisition, Ownership Percentage		100.00%
Real Estate And Accumulated Depreciation Year Of Construction 1		2,001
SEC Schedule III, Real Estate and Accumulated Depreciation, Date Acquired		Jun. 21, 2016
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances		$ 2,242,472
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land		1,033,105
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	[1]	3,820,266
Real Estate and Accumulated Depreciation, Initial Cost of Land, Buildings and Improvements		4,853,371
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements		0
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land		1,033,105
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	[1]	3,820,266
SEC Schedule III, Real Estate, Gross	[2]	4,853,371
SEC Schedule III, Real Estate Accumulated Depreciation		$ (177,644)
1905 Hallowell [Member]
Real Estate, Acquisition, Description		1905 Hallowell
Real Estate, Acquisition, Property Location		Litchfield, ME
Real Estate, Acquisition, Ownership Percentage		100.00%
Real Estate And Accumulated Depreciation Year Of Construction 1		2,015
SEC Schedule III, Real Estate and Accumulated Depreciation, Date Acquired		Nov. 4, 2016
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances		$ 0
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land		293,912
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	[1]	1,104,202
Real Estate and Accumulated Depreciation, Initial Cost of Land, Buildings and Improvements		1,398,114
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements		0
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land		293,912
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	[1]	1,104,202
SEC Schedule III, Real Estate, Gross	[2]	1,398,114
SEC Schedule III, Real Estate Accumulated Depreciation		$ (5,030)
409 US Route [Member]
Real Estate, Acquisition, Description		409 US Route
Real Estate, Acquisition, Property Location		Wilton, ME
Real Estate, Acquisition, Ownership Percentage		100.00%
Real Estate And Accumulated Depreciation Year Of Construction 1		2,015
SEC Schedule III, Real Estate and Accumulated Depreciation, Date Acquired		Nov. 4, 2016
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances		$ 0
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land		212,035
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	[1]	1,472,393
Real Estate and Accumulated Depreciation, Initial Cost of Land, Buildings and Improvements		1,684,428
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements		0
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land		212,035
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	[1]	1,472,393
SEC Schedule III, Real Estate, Gross	[2]	1,684,428
SEC Schedule III, Real Estate Accumulated Depreciation		$ (6,438)
23 Wert Drive [Member]
Real Estate, Acquisition, Description		23 Wert Drive
Real Estate, Acquisition, Property Location		Thompsontown, PA
Real Estate, Acquisition, Ownership Percentage		100.00%
Real Estate And Accumulated Depreciation Year Of Construction 1		2,015
SEC Schedule III, Real Estate and Accumulated Depreciation, Date Acquired		Nov. 4, 2016
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances		$ 0
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land		217,912
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	[1]	1,088,678
Real Estate and Accumulated Depreciation, Initial Cost of Land, Buildings and Improvements		1,306,590
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements		0
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land		217,912
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	[1]	1,088,678
SEC Schedule III, Real Estate, Gross	[2]	1,306,590
SEC Schedule III, Real Estate Accumulated Depreciation		$ (4,833)
6696 State Route [Member]
Real Estate, Acquisition, Description		6696 State Route
Real Estate, Acquisition, Property Location		Mt. Gilead, OH
Real Estate, Acquisition, Ownership Percentage		100.00%
Real Estate And Accumulated Depreciation Year Of Construction 1		2,015
SEC Schedule III, Real Estate and Accumulated Depreciation, Date Acquired		Nov. 4, 2016
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances		$ 0
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land		283,578
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	[1]	1,002,456
Real Estate and Accumulated Depreciation, Initial Cost of Land, Buildings and Improvements		1,286,034
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements		0
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land		283,578
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	[1]	1,002,456
SEC Schedule III, Real Estate, Gross	[2]	1,286,034
SEC Schedule III, Real Estate Accumulated Depreciation		$ (4,634)
7970 E Harbor Rd [Member]
Real Estate, Acquisition, Description		7970 E Harbor Rd
Real Estate, Acquisition, Property Location		Lakeside, OH
Real Estate, Acquisition, Ownership Percentage		100.00%
Real Estate And Accumulated Depreciation Year Of Construction 1		2,015
SEC Schedule III, Real Estate and Accumulated Depreciation, Date Acquired		Nov. 4, 2016
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances		$ 0
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land		176,515
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	[1]	1,037,214
Real Estate and Accumulated Depreciation, Initial Cost of Land, Buildings and Improvements		1,213,729
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements		0
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land		176,515
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	[1]	1,037,214
SEC Schedule III, Real Estate, Gross	[2]	1,213,729
SEC Schedule III, Real Estate Accumulated Depreciation		$ (4,756)
5405 Tiffin Ave [Member]
Real Estate, Acquisition, Description		5405 Tiffin Ave
Real Estate, Acquisition, Property Location		Castalia, OH
Real Estate, Acquisition, Ownership Percentage		100.00%
Real Estate And Accumulated Depreciation Year Of Construction 1		2,015
SEC Schedule III, Real Estate and Accumulated Depreciation, Date Acquired		Nov. 4, 2016
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances		$ 0
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land		154,677
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	[1]	1,033,817
Real Estate and Accumulated Depreciation, Initial Cost of Land, Buildings and Improvements		1,188,494
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements		0
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land		154,677
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	[1]	1,033,817
SEC Schedule III, Real Estate, Gross	[2]	1,188,494
SEC Schedule III, Real Estate Accumulated Depreciation		$ (4,621)
5900 Hwy [Member]
Real Estate, Acquisition, Description		5900 Hwy
Real Estate, Acquisition, Property Location		Cedar Park, TX
Real Estate, Acquisition, Ownership Percentage		100.00%
Real Estate And Accumulated Depreciation Year Of Construction 1		2,013
SEC Schedule III, Real Estate and Accumulated Depreciation, Date Acquired		Dec. 27, 2016
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances		$ 0
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land		1,290,863
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	[1]	8,312,918
Real Estate and Accumulated Depreciation, Initial Cost of Land, Buildings and Improvements		9,603,781
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements		0
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land		1,290,863
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	[1]	8,312,918
SEC Schedule III, Real Estate, Gross	[2]	9,603,781
SEC Schedule III, Real Estate Accumulated Depreciation		$ (20,442)
[1]	Building and improvements include tenant origination and absorption costs
[2]	The aggregate cost of real estate for federal income tax purposes was $32,985,860 (unaudited) as of December 31, 2016.

Schedule III-Real Estate Asse48

Schedule III-Real Estate Assets and Accumulated Depreciation and Amortization (Details 1) - USD ($)	12 Months Ended
	Dec. 31, 2016		Dec. 31, 2015
Real estate investments:
Balance at beginning of year	$ 0		$ 0
Acquisitions	33,245,041		0
Balance at end of year	33,245,041	[1]	0
Accumulated depreciation and amortization:
Balance at beginning of year	0		0
Depreciation and amortization	(493,185)		0
Balance at end of year	(493,185)		0
Real estate investments, net:	$ 32,751,856		$ 0
[1]	The aggregate cost of real estate for federal income tax purposes was $32,985,860 (unaudited) as of December 31, 2016.

Schedule III-Real Estate Asse49

Schedule III-Real Estate Assets and Accumulated Depreciation and Amortization (Details Textual)	Dec. 31, 2016USD ($)
SEC Schedule III, Real Estate, Federal Income Tax Basis	$ 32,985,860