Modiv (MDV) 10-K 3 Apr 18 2017 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2017	Mar. 27, 2018	Jun. 30, 2017
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	FY
Entity Registrant Name	RW Holdings NNN REIT, Inc.
Entity Central Index Key	1,645,873
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Smaller Reporting Company
Entity Public Float			$ 0
Common Class C [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		10,041,231
Common Class S [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		3,065

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Real estate investments:
Land	$ 21,878,768	$ 5,369,238
Building and improvements	108,590,813	24,243,072
Tenant origination and absorption costs	8,340,774	3,632,731
Total investments in real estate property	138,810,355	33,245,041
Accumulated depreciation and amortization	(3,574,739)	(493,185)
Total investments in real estate property, net	135,235,616	32,751,856
Investments in unconsolidated entities (Note 5)	14,524,022	3,523,809
Real estate investments, net	149,759,638	36,275,665
Cash and cash equivalents	3,238,173	3,431,769
Restricted cash	944,582	245,604
Tenant receivables	1,263,095	114,320
Above-market leases, net	681,293	148,577
Due from affiliates (Note 9)	34,194	108,433
Purchase and other deposits	40,000	500,000
Prepaid expenses and other assets	1,104,573	478,192
Interest rate swap derivatives	7,899	0
TOTAL ASSETS	157,073,447	41,302,560
LIABILITIES & STOCKHOLDERS’ EQUITY
Mortgage notes payable, net	60,487,303	7,113,701
Unsecured credit facility, net	12,000,000	10,156,685
Accounts payable, accrued and other liabilities	2,411,484	470,236
Below-market leases, net	1,584,229	150,767
Due to affiliates (Note 9)	907,377	383,422
Investor deposits	0	582,516
Share repurchases payable	386,839	17,467
TOTAL LIABILITIES	77,777,232	18,874,794
Commitments and contingencies (Note 10)
Redeemable common stock	46,349	196,660
Preferred stock, $0.001 par value, 50,000,000 shares authorized, no shares issued and outstanding	0	0
Additional paid-in-capital	85,324,921	23,643,435
Cumulative distributions and net losses	(6,083,896)	(1,414,787)
TOTAL STOCKHOLDERS' EQUITY	79,249,866	22,231,106
TOTAL LIABILITIES & STOCKHOLDERS’ EQUITY	157,073,447	41,302,560
Common Class C [Member]
LIABILITIES & STOCKHOLDERS’ EQUITY
Common Stock, Value, Issued	8,838	2,458
TOTAL STOCKHOLDERS' EQUITY	8,838	2,458
Common Class S [Member]
LIABILITIES & STOCKHOLDERS’ EQUITY
Common Stock, Value, Issued	3	0
TOTAL STOCKHOLDERS' EQUITY	$ 3	$ 0

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2017	Dec. 31, 2016
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
Common Stock, Shares Authorized	50,000
Common Class C [Member]
Preferred Stock, Par or Stated Value Per Share	$ 0.001
Preferred Stock, Shares Authorized	300,000,000
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares Authorized	300,000,000	200,000,000
Common Stock, Shares, Issued	8,838,002	2,458,881
Common Stock, Shares, Outstanding	8,838,002	2,458,881
Common Class S [Member]
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares Authorized	100,000,000	100,000,000
Common Stock, Shares, Issued	3,032	0
Common Stock, Shares, Outstanding	3,032	0

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Revenues:
Rental income	$ 6,140,444	$ 709,982
Tenant reimbursements	1,249,762	151,762
Total revenues	7,390,206	861,744
Expenses:
Fees to affiliates (Note 9)	1,188,083	591,073
General and administrative	3,742,896	1,276,535
Depreciation and amortization	3,081,554	493,185
Interest expense	1,637,984	395,110
Property expenses	1,282,759	171,063
Acquisition costs	0	73,027
Total expenses	10,933,276	2,999,993
Less: Expenses reimbursed/fees waived by Sponsor or affiliates (Note 9)	(2,468,138)	(979,102)
Net expenses	8,465,138	2,020,891
Other income (loss):
Interest income	7,215	977
Income (losses) from investments in unconsolidated entities	199,233	(79,271)
Total other (loss) income	206,448	(78,294)
Net loss	$ (868,484)	$ (1,237,441)
Net loss per common share, basic and diluted (Note 2)	$ (0.15)	$ (2.89)
Weighted-average number of common shares outstanding, basic and diluted	5,982,930	428,255

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($)	Total	Common Class C [Member]	Common Class S [Member]	Additional Paid-in Capital	Cumulative Distributions and Net Losses
Balance at Dec. 31, 2015	$ 193,815	$ 20	$ 0	$ 199,980	$ (6,185)
Balance (in shares) at Dec. 31, 2015		20,000	0
Issuance of common stock	24,377,178	$ 2,438	$ 0	24,374,740	0
Issuance of common stock (in shares)		2,437,718	0
Offering costs	(731,315)	$ 0	$ 0	(731,315)	0
Distributions declared	(171,161)	0	0	0	(171,161)
Stock compensation expense	98,000	$ 10	$ 0	97,990	0
Stock compensation expense (in shares)		9,800	0
Redemption of common stock	(83,843)	$ (10)	$ 0	(83,833)	0
Redemption of common stock ( In shares)		(8,637)	0
Net loss	(1,237,441)	$ 0	$ 0	0	(1,237,441)
Reclassification to redeemable common stock	(214,127)	0	0	(214,127)	0
Balance at Dec. 31, 2016	22,231,106	$ 2,458	$ 0	23,643,435	(1,414,787)
Balance (in shares) at Dec. 31, 2016		2,458,881	0
Issuance of common stock	66,204,898	$ 6,617	$ 3	66,198,278	0
Issuance of common stock (in shares)		6,617,457	3,032
Offering costs	(1,988,397)	$ 0	$ 0	(1,988,397)	0
Distributions declared	(3,800,625)	0	0	0	(3,800,625)
Stock compensation expense	163,000	$ 16	$ 0	162,984	0
Stock compensation expense (in shares)		16,300	0
Redemption of common stock	(2,472,571)	$ (253)	$ 0	(2,472,318)	0
Redemption of common stock ( In shares)		(254,636)	0
Net loss	(868,484)	$ 0	$ 0	0	(868,484)
Reclassification to redeemable common stock	(219,061)	0	0	(219,061)	0
Balance at Dec. 31, 2017	$ 79,249,866	$ 8,838	$ 3	$ 85,324,921	$ (6,083,896)
Balance (in shares) at Dec. 31, 2017		8,838,002	3,032

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (868,484)	$ (1,237,441)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization	3,081,554	493,185
Stock compensation expense	163,000	98,000
Straight-line rents	(965,846)	28,335
Amortization of lease incentives	130,689	58,310
Tenant reimbursement used for rent credit	(51,459)	(290,850)
Amortization of deferred financing costs	169,664	19,651
Amortization of above-market leases	83,770	17,209
Amortization of below-market leases	(68,699)	0
Unrealized gain on interest rate swap valuation	(7,899)	0
(Income) losses from investments in unconsolidated entities	(199,233)	79,271
Distributions from investments in unconsolidated entities	367,686	37,554
Changes in operating assets and liabilities:
Tenant receivables	(182,929)	0
Due from affiliate	45,668	(79,862)
Prepaid expenses and other assets	(91,871)	(143,657)
Accounts payable, accrued and other liabilities	1,323,371	225,586
Due to affiliate	861,855	22,577
Net cash provided by (used in) operating activities	3,790,837	(672,132)
CASH FLOWS FROM INVESTING ACTIVITIES
Acquisition of real estate investments	(100,458,868)	(32,754,452)
Improvements to real estate	(685,160)	0
Payments of acquisition fees to affiliate	(3,935,884)	(231,408)
Repayment (funding) of amounts due to (from) affiliate	28,571	(28,571)
Investments in unconsolidated entities	(10,542,594)	(3,640,634)
Refundable purchase deposits and other acquisition costs	0	(500,000)
Net cash used in investing activities	(115,593,935)	(37,155,065)
CASH FLOWS FROM FINANCING ACTIVITIES
Borrowings from unsecured credit facility	55,390,000	24,215,000
Repayments of unsecured credit facility	(53,547,803)	(14,057,197)
Proceeds from mortgage notes payable	55,369,988	7,319,700
Principal payments on mortgage notes payable	(407,725)	(53,555)
Refundable loan deposits	(40,000)	0
Payments of deferred financing costs to third parties	(1,430,607)	(173,213)
Payments of financing fees to affiliates	(326,600)	0
Proceeds from issuance of common stock and investor deposits	62,555,554	24,834,698
Payment of offering costs	(2,049,847)	(651,670)
Payment of Class S commissions	(700)	0
Redemption of common stock	(2,472,571)	(83,843)
Distributions paid to common stockholders	(731,209)	(46,165)
Net cash provided by financing activities	112,308,480	41,303,755
Net increase in cash, cash equivalents and restricted cash	505,382	3,476,558
Cash, cash equivalents and restricted cash, beginning of year	3,677,373	200,815
Cash, cash equivalents and restricted cash, end of year	4,182,755	3,677,373
Supplemental disclosure of cash flow information:
Cash paid for interest	1,285,716	349,120
Supplemental disclosure of noncash flow information:
Transfers to redeemable common stock	219,061	214,127
Distributions paid to common stockholders through common stock issuance pursuant to the dividend reinvestment plan	3,067,095	124,996
Increase in deferred commission payable to S Class distributor	2,300	0
Increase in lease incentive obligation	858,389	535,500
Reinvested distributions to investment in Rich Uncles REIT I	0	2,885
Tax withholding on distributions	267	0
Purchase deposits applied to acquisition of real estate	500,000	0
Increase in share repurchases payable	369,372	17,467
Increase in other offering costs due to affiliate	0	79,645
Capitalized acquisition fee payable	$ 0	$ 274,200

BUSINESS AND ORGANIZATION

BUSINESS AND ORGANIZATION	12 Months Ended
	Dec. 31, 2017
Accounting Policies [Abstract]
Business Description and Basis of Presentation [Text Block]	Rich Uncles NNN REIT, Inc. (the “Company”) was incorporated on May 14, 2015 as a Maryland corporation. The Company was originally incorporated under the name Rich Uncles Real Estate Investment Trust, Inc., but changed its name on October 19, 2015 to Rich Uncles NNN REIT, Inc. and again on August 14, 2017 to RW Holdings NNN REIT, Inc. The Company has the authority to issue 450,000,000 50,000 0.001 300,000,000 0.001 100,000,000 0.001 The Company holds its investments in real property through special purpose wholly owned limited liability companies which are wholly owned subsidiaries of 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 The Company is externally managed by its advisor, Rich Uncles NNN REIT Operator, LLC (the “Advisor”), a Delaware limited liability company pursuant to an advisory agreement, as amended (the “Advisory Agreement”). The Advisor is wholly owned by the Company’s sponsor, BrixInvest, LLC (f/k/a Rich Uncles, LLC) (the “Sponsor”), a Delaware limited liability company whose members include Harold Hofer and Ray Wirta. On each of 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 10.00 500 On August 11, 2017, the Company began offering up to 100,000,000 10.05 10.05 Through December 31, 2017, the Company had sold 9,055,175 319,150 90,551,753 3,032 30,324 32 As of December 31, 2017, the Company had invested in eight retail properties, six office properties and four industrial properties and tenant-in-common real estate investment in which the Company has an approximate 72.7 4.4 The Company continues to offer shares of common stock under its Offerings. In some states, the Company will need to renew the registration statement for the Registered Offering annually or file a new registration statement to continue the Registered Offering. The Company may terminate the Registered Offering at any time.

SUMMARY OF SIGNIFICANT ACOUNTIN

SUMMARY OF SIGNIFICANT ACOUNTING POLICIES	12 Months Ended
	Dec. 31, 2017
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 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. During 2017, the Company identified an immaterial misstatement within the statement of cash flows for the year ended December 31, 2016 related to the classification of cash received and reported as investor deposits which understated the net cash used in operating activities and understated net cash provided by financial activities by $ 582,516 127,170 672,132 582,516 41,303,755 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 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 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 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 30 48 · Site improvements Shorter of 15 · Tenant improvements Shorter of 15 · Tenant origination and absorption costs, and above-/below-market lease intangibles Remaining lease term 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. For the years ended December 31, 2017 and 2016, other comprehensive loss is the same as net loss. The Company recognizes rental income from tenants under operating leases on a straight-line basis over the 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 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 effective 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. The Company enters into derivative instruments for risk management purposes to hedge its exposure to cash flow variability caused by changing interest rates on its variable rate mortgage notes payable. The Company records these derivative instruments at fair value on the accompanying consolidated balance sheet. The Company’s mortgage derivative instruments do not meet the hedge accounting criteria and therefore the change in the fair value are recorded as gain or loss on derivative instruments in the accompanying statement of operations. The gain or loss is included in interest expense. 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. The Company elected to be taxed as a REIT for U.S. federal income tax purposes under Section 856 through 860 of the Internal Revenue Code of 1986, as amended, beginning with its taxable year ended December 31, 2016. The Company expects to operate in a manner that will allow us to continue to qualify as a REIT for Federal income tax purposes. To qualify as a REIT, the Company must meet certain organizational and operational requirements, including meeting various tests regarding the nature of our assets and our income, the ownership of our outstanding stock and distribution of 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, 2017. As of December 31, 2017, the returns for calendar year 2016 remain subject to examination by major tax jurisdictions. The Company intends, although is not legally obligated, to continue 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, through December 31, 2017 distributions are payable on the 10 th th th th In 2017 and 2016, the Company paid all of its dividends in cash. The following presents the federal income tax characterization of the distributions paid: Years ended December 31 2017 2016 Ordinary income $ 0.111 $ 0.000 Non-taxable distribution 0.589 0.320 Total $ 0.700 $ 0.320 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 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. 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 at December 31, 2017 was limited to the number of shares the Company could redeem with the amount of the net proceeds from the sale of 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. As of December 31, 2017, 303,004 39,731 97 10.00 98 In accordance with the Company’s share repurchase program for its Class C common stock, the per share repurchase price depends on the length of time the redeeming stockholder has held such shares as follows: less than one year from the purchase date, 97 98 99 100 10.05 10.00 In accordance with the Company’s share repurchase program for its Class S common stock, shares of Class S common stock are not eligible for repurchase unless they have been held for at least one year. After this holding period has been met, Class S shares can be redeemed at the most recently published NAV, which is currently $10.05. The Company may, but are not required to, use available cash not otherwise dedicated to a particular use to pay the repurchase price, including cash proceeds generated from the dividend reinvestment plan, securities offerings, operating cash flow not intended for distributions, borrowings and capital transactions, such as asset sales or loan refinancings. The Company cannot guarantee that it will have sufficient available cash to accommodate all repurchase requests made in any given month. In addition, the Company may not repurchase shares in an amount that would violate the restrictions on distributions under Maryland law, which prohibits distributions that would cause a corporation to fail to meet statutory tests of solvency. Additional limitations on share repurchases under the share repurchase program are as follows: Post-NAV Calculation Following the initial calculation of the Company’s NAV and NAV per share which occurred in January 2018, the Company is subject to the following limitations on the number of shares it may repurchase under the 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 its dividend reinvestment plan) 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 Company’s 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 number of shares redeemed in a given quarter despite us receiving a net capital inflow for that quarter. ⋅ In order for the Company’s 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 to the prospectus for the Registered Offering 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. 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, 2017, 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 years ended December 31, 2017 and 2016. We have presented earnings (loss) per share amounts on the accompanying statements of operations for Class C and S share classes as a combined common share class. Application of the two-class method for the allocating earnings (loss) in accordance with the provisions of ASC 260, Earnings per Share (0.15) (0.46) Distributions declared per share of Class C common stock were $ 0.700 0.320 0.175 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. Reclassifications Certain reclassifications have been made to the 2016 consolidated financial statements to conform with the 2017 consolidated financial statements presentation. New Accounting Standards Issued and Adopted 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 January 2017, the FASB issued ASU No. 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments 37,554 In November 2016, the FASB issued ASU No 2016-18, Statement of Cash Flow Topics (Topic 230): Restricted Cash 245,604 New Accounting Standards Issued and Not Yet Adopted In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) Revenue Recognition (Topic 605) In February 2016, FASB issued ASU No. 2016-02, Leases (Topic 842) Leases (Topic 840)

SUPPLEMENTAL DETAIL FOR CERTAIN

SUPPLEMENTAL DETAIL FOR CERTAIN CONSOLIDATED BALANCE SHEET LINE ITEMS	12 Months Ended
	Dec. 31, 2017
Disclosure Text Block Supplement [Abstract]
Supplemental Balance Sheet Disclosures [Text Block]	NOTE 3. SUPPLEMENTAL DETAIL FOR CERTAIN CONSOLIDATED BALANCE SHEET LINE ITEMS December 31, 2017 2016 A. Tenant receivables: Straight-line rent $ 995,822 $ 29,976 Tenant rent 27,460 84,344 Tenant recoveries 239,813 - $ 1,263,095 $ 114,320 B. Accounts payable, accrued expenses and other liabilities: Accounts payable $ 244,430 $ 82,200 Accrued expenses 571,308 105,600 Accrued interest payable 186,841 26,339 Unearned rent 548,266 11,447 Deferred commission payable 2,250 - Lease incentive obligation 858,389 244,650 $ 2,411,484 $ 470,236

REAL ESTATE

REAL ESTATE	12 Months Ended
	Dec. 31, 2017
Real Estate [Abstract]
Real Estate Disclosure [Text Block]	NOTE 4. REAL ESTATE As of December 31, 2017, the Company’s real estate portfolio consisted of eighteen properties in eight states consisting of eight retail, six office and four industrial properties. The following table provides summary information regarding the Company’s real estate as of December 31, 2017: Property Location Acquisition Property Land, Tenant Accumulated Total Accredo Orlando, FL 6/15/2016 Office $ 9,855,847 $ 1,053,637 $ (763,575 ) $ 10,145,909 Walgreens Stockbridge, GA 6/21/2016 Retail 4,147,948 705,423 (505,603 ) 4,347,768 Dollar General Litchfield, ME 11/4/2016 Retail 1,281,812 116,302 (45,274 ) 1,352,840 Dollar General Wilton, ME 11/4/2016 Retail 1,543,776 140,653 (57,941 ) 1,626,488 Dollar General Thompsontown, PA 11/4/2016 Retail 1,199,860 106,730 (43,500 ) 1,263,090 Dollar General Mt. Gilead, OH 11/4/2016 Retail 1,174,188 111,847 (41,707 ) 1,244,328 Dollar General Lakeside, OH 11/4/2016 Retail 1,112,872 100,857 (42,804 ) 1,170,925 Dollar General Castalia, OH 11/4/2016 Retail 1,102,086 86,408 (41,589 ) 1,146,905 Dana Cedar Park, TX 12/27/2016 Industrial 8,392,906 1,210,874 (511,018 ) 9,092,762 Northrop Grumman Melbourne, FL 3/7/2017 Office 12,382,991 1,341,199 (619,898 ) 13,104,292 exp US Services Maitland, FL 3/27/2017 Office 5,920,121 388,248 (171,902 ) 6,136,467 Harley Bedford, TX 4/13/2017 Retail 13,178,288 - (217,815 ) 12,960,473 Wyndham Summerlin, NV 6/22/2017 Office 9,447,270 669,232 (157,378 ) 9,959,124 Williams Sonoma Summerlin, NV 6/22/2017 Office 7,531,809 550,486 (140,531 ) 7,941,764 Omnicare Richmond, VA 7/20/2017 Industrial 7,042,928 281,442 (105,392 ) 7,218,978 EMCOR Cincinnati, OH 8/29/2017 Office 5,960,610 463,488 (66,140 ) 6,357,958 Husqvarna Charlotte, NC 11/30/2017 Industrial 11,841,144 1,013,948 (42,672 ) 12,812,420 AvAir Chandler, AZ 12/28/2017 Industrial 27,353,125 - - 27,353,125 $ 130,469,581 $ 8,340,774 $ (3,574,739 ) $ 135,235,616 Current Period Acquisitions 2017: During the year ended December 31, 2017, the Company acquired the following properties, excluding the Company’s investment in a tenant-in-common (“TIC”) ownership interest in the Santa Clara, CA property (“Santa Clara”) as discussed in Note 5: Property Land Buildings and Tenant Above-Market Below-Market Total Northrop Grumman $ 1,191,024 $ 11,191,967 $ 1,341,199 $ - $ - $ 13,724,190 exp US Services 785,801 5,134,320 388,248 616,486 - 6,924,855 Harley 1,145,196 12,033,092 - - - 13,178,288 Wyndham 4,144,069 5,303,201 669,232 - - 10,116,502 Williams Sonoma 3,546,744 3,478,337 550,486 - (364,555 ) 7,211,012 Omnicare 800,772 6,242,156 281,442 - - 7,324,370 EMCOR 427,589 5,533,021 463,488 - (285,562 ) 6,138,536 Husqvarna 974,663 10,866,481 1,013,948 - (852,044 ) 12,003,048 AvAir 3,493,673 23,859,451 - - - 27,353,124 $ 16,509,531 $ 83,642,026 $ 4,708,043 $ 616,486 $ (1,502,161 ) $ 103,973,925 Purchase price $ 103,973,925 Purchase deposits applied (500,000 ) Acquisition fees to affiliate (3,015,057 ) Cash paid for acquisition of real estate investments $ 100,458,868 Property Lease Expiration Northrop Grumman 5/31/2021 exp US Services 11/30/2026 Harley 4/12/2032 Wyndham 2/28/2025 Williams Sonoma 10/31/2022 Omnicare 5/31/2026 EMCOR 2/28/2027 Husqvarna 6/30/2027(1) AvAir 12/31/2032 (1) The tenant’s right to cancel lease on June 30, 2025 was not determined to be probable for financial accounting purposes. The Company recorded these acquisitions as asset acquisitions and capitalized $3,507,580 of acquisition fees and costs for the year ended December 31, 2017. During year ended December 31, 2017, the Company recognized $4,413,353 of total revenue related to these properties. 2016: During the year ended December 31, 2016, the Company acquired the following properties: Property Land Buildings and Improvements Tenant Origination and Absorption Costs Above-Market Leases Below-Market Leases Total Accredo $ 1,706,641 $ 7,950,221 $ 1,053,638 $ - $ - $ 10,710,500 Walgreens 1,033,105 3,114,843 705,423 166,629 - 5,020,000 Dollar General, Litchfield 293,912 987,900 116,302 - - 1,398,114 Dollar General, Wilton 212,035 1,331,741 140,653 - - 1,684,429 Dollar General, Thompsontown 217,912 981,948 106,730 - - 1,306,590 Dollar General, Mt. Gilead 283,578 890,610 111,847 - - 1,286,035 Dollar General, Lakeside 176,515 936,357 100,857 - - 1,213,729 Dollar General, Castalia 154,677 947,409 86,408 - - 1,188,494 Dana 1,290,863 7,102,043 1,210,873 - (151,610 ) 9,452,169 $ 5,369,238 $ 24,243,072 $ 3,632,731 $ 166,629 $ (151,610 ) $ 33,260,060 $ 33,260,060 Acquisition fees to affiliates (505,608 ) Cash paid for acquisition of real estate investments $ 32,754,452 Property Lease Expiration Accredo 2/28/2021 Walgreens 6/14/2021 Dollar General, Litchfield 9/30/2030 Dollar General, Wilton 7/31/2030 Dollar General, Thompsontown 10/31/2030 Dollar General, Mt. Gilead 6/30/2030 Dollar General, Lakeside 5/31/2030 Dollar General, Castalia 5/31/2030 Dana 6/30/2024 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. During the year ended December 31, 2016, the Company recognized $748,481 of revenues and $152,915 of operating expenses, respectively, pertaining to the Accredo and Walgreens acquisitions. 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 As of December 31, 2017, the Company’s portfolio’s asset concentration (greater than 10% of total assets) was as follows: Property and Location Net Carrying Percentage of AvAir $ 27,353,125 17.4 % As of December 31, 2017, the future minimum contractual rent payments due under the Company’s operating leases, excluding any renewal periods, are as follows: 2018 $ 10,621,181 2019 10,872,205 2020 10,825,620 2021 9,728,540 2022 8,809,117 Thereafter 54,293,469 $ 105,150,132 Revenue Concentration For the year ended December 31, 2017, the Company’s portfolio’s revenue concentration (greater than 10% total revenue) was as follows: Property and Location Revenue Percentage of Total Revenue AvAir, AZ $ 2,100,000 19.9 % Northrop Grumman, FL $ 1,162,274 11.0 % As of December 31, 2017, no other tenant accounted for more than 10% of the total revenue. For the year ended December 31, 2016, the Company’s portfolio’s revenue concentration (greater than 10% total revenue) was as follows: Property and Location Effective Annual Base Rent Percentage of Total Revenue Accredo, Orlando FL $ 872,550 36.0 % Walgreens, Stockbridge, GA $ 360,000 14.8 % Dana, Cedar Park, TX $ 656,076 27.0 % As of December 31, 2017, no other tenant accounted for more than 10% of the total revenue. Intangibles Tenant Above-market Below-market leases Cost $ 8,340,774 $ 783,115 $ (1,653,771 ) Accumulated amortization (1,192,318 ) (101,822 ) 69,542 Net amount $ 7,148,456 $ 681,293 $ (1,584,229 ) As of December 31, 2016, the Company’s intangibles were as follows: Tenant Above-market Below-market leases Cost $ 3,632,731 $ 166,629 $ (151,610 ) Accumulated amortization (210,404 ) (18,052 ) 843 Net amount $ 3,422,327 $ 148,577 $ (150,767 ) As of December 31, 2017, amortization of intangible assets over the next five years is expected to be as follows: Tenant Above-Market Below-market 2018 $ 1,214,317 $ 97,045 $ 147,699 2019 1,214,317 97,045 147,699 2020 1,214,317 97,045 147,699 2021 798,057 78,994 147,699 2022 507,882 63,719 128,055 Thereafter 2,199,566 247,445 865,380 $ 7,148,456 $ 681,293 $ 1,584,231 Weighted-Average Remaining Amortization Period 8.97 years 7.99 years 15.34 years

INVESTMENTS IN UNCONSOLIDATED E

INVESTMENTS IN UNCONSOLIDATED ENTITIES	12 Months Ended
	Dec. 31, 2017
Investments, Debt and Equity Securities [Abstract]
Cost and Equity Method Investments Disclosure [Text Block]	NOTE 5. INVESTMENTS IN UNCONSOLIDATED ENTITIES December 31, 2017 2016 RU Martin Street Santa Clara (“TIC”) (1) $ 11,103,547 $ - Rich Uncles Real Estate Investment Trust I (“REIT I”) 3,420,475 3,523,809 $ 14,524,022 $ 3,523,809 (1) The Company’s investment includes $ 626,073 Years ended December 31 2017 2016 TIC $ 30,038 $ - REIT I 169,195 (79,271) $ 199,233 $ (79,271) TIC On September 28, 2017, the Company acquired an approximate 72.7 27.3 23.4 3.9 December 31, 2017 ASSETS: Real estate investments, net $ 32,587,034 Cash and cash equivalents 615,436 Other assets 103,700 Total assets $ 33,306,170 LIABILITIES Mortgage notes payable, net $ 14,235,256 Below-market lease, net 3,247,480 Other liabilities 246,085 Total liabilities 17,728,821 TOTAL EQUITY 15,577,349 TOTAL LIABILITIES AND EQUITY $ 33,306,170 Period from September TOTAL REVENUE $ 757,850 EXPENSES: Interest expense 154,339 Depreciation and amortization 410,722 Other expense 151,477 Total expenses 716,538 NET INCOME $ 41,312 REIT I The Company’s investment in REIT I represented an approximate 4.40 4.45 30,038 79,271 169,195 109,309 December 31, 2017 2016 ASSETS: Real estate investments, net $ 131,166,670 $ 105,462,499 Cash and cash equivalents and restricted cash 6,027,807 13,465,152 Other assets 2,658,777 2,479,919 Total assets $ 139,853,254 $ 121,407,570 LIABILITIES Mortgage notes payable, net $ 62,277,387 $ 38,705,103 Below-market lease, net 3,966,008 4,841,757 Other liabilities 2,937,247 3,266,878 Total liabilities 69,180,642 46,813,738 REDEEMABLE COMMON STOCK 586,242 1,229,644 TOTAL STOCKHOLDER EQUITY 70,086,370 73,364,188 TOTAL LIABILITIES, REDEEMABLE COMMON STOCK AND STOCKHOLDER'S EQUITY $ 139,853,254 $ 121,407,570 Years ended December 31, 2017 2016 TOTAL REVENUE $ 12,816,460 $ 6,414,592 EXPENSES: Depreciation and amortization 5,654,451 3,134,979 Interest expense 2,503,810 768,122 Other expense 4,033,242 4,403,040 Total expenses 12,191,503 8,306,141 OTHER INCOME: Gain on sale of real estate investment property, net 747,957 - Other income 22,133 161 Total other income 770,090 161 NET INCOME (LOSS) $ 1,395,047 $ (1,891,388)

DEBT

DEBT	12 Months Ended
	Dec. 31, 2017
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	NOTE 6. DEBT Mortgage Notes Payable 2017 2016 Collateral Principal Deferred Net Balance Principal Deferred Net Contractual Effective Loan Accredo/Walgreen properties $ 7,133,966 $ (124,763) $ 7,009,203 $ 7,266,145 $ (152,444) $ 7,113,701 3.95% 3.95 % 7/1/2021 Dana property 4,709,889 (125,132) 4,584,757 - - - 4.56% 4.56 % 4/1/2023 Six Dollar General 3,951,846 (153,290) 3,798,556 - - - 4.69% 4.69 % 4/1/2022 Wyndham property (2) 5,920,800 (109,936) 5,810,864 - - - One-month 4.34 % 6/5/2027 Williams Sonoma 4,699,200 (85,227) 4,613,973 - - - One-month 4.05 % 6/5/2022 Omnicare property 4,423,574 (169,372) 4,254,202 - - - 4.36% 4.36 % 5/1/2026 Harley property 6,983,418 (200,811) 6,782,607 - - - 4.25% 4.25 % 9/1/2024 Northrop Grumman 5,945,655 (217,584) 5,728,071 - - - 4.40% 4.40 % 3/2/2021 EMCOR property 2,955,000 (83,743) 2,871,257 - - - 4.35% 4.35 % 12/1/2024 exp US Services property 3,505,061 (140,382) 3,364,679 - - - Initial 4.25%; 4.25 % 11/17/2024 AvAir property 12,000,000 (330,866) 11,669,134 - - - 8.25% 8.25 % 1/1/2019 $ 62,228,409 $ (1,741,106) $ 60,487,303 $ 7,266,145 $ (152,444) $ 7,113,701 (1) Contractual interest rate represents the interest rate in effect under the mortgage note payable as of December 31, 2017. Effective interest rate is calculated as the actual interest rate in effect as of December 31, 2017 (consisting of the contractual interest rate and the effect of the interest rate swap, if applicable). For further information regarding the Company’s derivative instruments, see Note 6. (2) The loans on each of the Williams Sonoma and Wyndham properties (collectively, the “Property”) located in Summerlin, Nevada were originated by Nevada State Bank (“Bank”). The loans are collateralized by a deed of trust and a security agreement with assignment of rents and fixture filing. In addition, the individual loans are subject to a cross collateralization and cross default agreement whereby any default under, or failure to comply with the terms of any one or both of the loans is an event of default under the terms of both loans. The value of the Property must be in an amount sufficient to maintain a loan to value ratio of no more than 60%. If the loan to value ratio is ever more than 60%, the borrower shall, upon the Bank’s written demand, reduce the principal balance of the loans so that the loan to value ratio is no more than 60 Unsecured Credit Facility On June 7, 2016, the Operating Partnership (“Borrower”) entered into a credit agreement (the “Unsecured Credit Agreement”) with Pacific Mercantile Bank (“Lender”). Pursuant to the Unsecured Credit Agreement, the Borrower has a $ 12,000,000 an interest rate equal to 1% over an independent index, that is the highest rate on corporate loans posted by at least 75% of the thirty (30) largest banks in the United States, known as The Wall Street Journal Prime Rate, as published in the Wall Street Journal. June 15, 2017 January 26, 2018 5.14 The Unsecured Credit Agreement is guaranteed in the amount of $ 12,000,000 60,000,000 On February 1, 2018, the Company, the Operating Partnership and the Limited Partner (collectively the “Borrower”) entered into a new credit agreement (“New Credit Facility”) with the Lender. Pursuant to the New Credit Facility, the Borrower has a $ 9,000,000 unsecured credit facility with an interest rate equal to 1% over the Wall Street Journal Prime Rate index. The New Credit Facility contains customary representations, warranties and covenants, which are substantially similar to those in the Unsecured Credit Agreement. The Company’s ability to borrow under the New Credit Facility will be subject to its ongoing compliance with various affirmative and negative covenants, including with respect to indebtedness, guaranties, mergers and asset sales, liens, dividends, corporate existence and financial obligations. The New Credit Facility also contains customary events of default, including, without limitation, nonpayment of principal, interest, fees or other amounts when due, violation of covenants, breaches of representations or warranties and change of ownership. Upon the occurrence of an event of default, Lender may accelerate the repayment of amounts outstanding under the New Credit Facility and exercise other remedies subject, in certain instances, to the expiration of an applicable cure period. The New Credit Facility is secured by guarantees executed by Raymond Wirta, Chairman of the Board of the Company, a trust belonging to Mr. Wirta, Harold Hofer, President and Chief Executive Officer of the Company, and a trust belonging to Mr. Hofer, each in the amount of $ 9,000,000 Mortgage Notes Unsecured Total 2018 $ 893,957 $ 12,000,000 (1) $ 12,893,957 2019 12,936,994 - 12,936,994 2020 974,540 - 974,540 2021 7,571,163 - 7,571,163 2022 13,923,743 - 13,923,743 Thereafter 25,928,012 - 25,928,012 Total principal 62,228,409 12,000,000 74,228,409 Deferred financing costs, net (1,741,106) - (1,741,106) Total $ 60,487,303 $ 12,000,000 $ 72,487,303 (1) The principal balance of the Unsecured Credit Facility was repaid on February 1, 2018. Year Ended December 31 2017 2016 Mortgage notes payable Interest expense (1) $ 1,197,582 $ 154,625 Amortization of deferred financing costs 168,546 18,222 Unrealized gain on interest rate swaps (see Note 7) (7,899) - Unsecured credit facility Interest expense 248,637 219,874 Amortization of deferred financing costs 1,118 1,429 Forfeited loan fee 30,000 960 Total interest expense $ 1,637,984 $ 395,110 (1) Includes $ 45,728 0 6,231

INTEREST RATE SWAP DERIVATIVES

INTEREST RATE SWAP DERIVATIVES	12 Months Ended
	Dec. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities Disclosure [Text Block]	NOTE 7. INTEREST RATE SWAP DERIVATIVES The primary goal of the Company’s risk management practices related to interest rate risk is to prevent changes in interest rates from adversely impacting the Company’s ability to achieve its investment return objectives. The Company does not enter into derivatives for speculative purposes. The Company enters into interest rate swaps as a fixed rate payer to mitigate its exposure to rising interest rates on its variable rate mortgage notes payable. The value of interest rate swaps is primarily impacted by interest rates, market expectations about interest rates, and the remaining life of the applicable instrument. In general, increases in interest rates, or anticipated increases in interest rates, will increase the value of the fixed rate payer position and decrease the value of the variable rate payer position. As the remaining life of the interest rate swap decreases, the value of both positions will generally move towards zero. During June 2017, the Company (or wholly owned limited liability company subsidiaries) entered into interest rate swap agreements with amortizing notional amounts relating to two of its mortgage notes payable. December 31, 2017 Derivative Number of Notional Amount Reference Rate as Weighted Average Weighted Average Interest Rate 2 $ 10,620,000 One-month LIBOR + applicable spread/Fixed at 4.05% 4.21 % 7.21 years (i) The notional amount of the Company’s swaps decreases each month to correspond to the outstanding principal balance on the related mortgage. The minimum notional amount (outstanding principal balance at the maturity date) as of December 31, 2017 was $ 9,083,700 Derivative Instrument Balance Sheet Location Number of Fair Value Interest Rate Swaps Asset – Interest rate swap derivatives, at fair value 2 $ 7,899 The change in fair value of a derivative instrument that is not designated as a cash flow hedge for financial accounting purposes is recorded as interest expense in the accompanying consolidated statements of operations. None of the Company’s derivatives at December 31, 2017 were designated as hedging instruments; therefore the net realized gain recognized on interest rate swaps of $ 7,899

FAIR VALUE DISCLOSURES

FAIR VALUE DISCLOSURES	12 Months Ended
	Dec. 31, 2017
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Text Block]	NOTE 8. 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, tenant receivables, purchase and other deposits, prepaid expenses and other assets, accounts payable, accrued liabilities and other liabilities, due to affiliates, investor deposits and share purchases payable: Unsecured credit facility Mortgage note payable: 2017 2016 Face value Carrying Fair value Face value Carrying Fair value Mortgage notes payable $ 62,228,408 $ 60,487,303 $ 62,363,284 $ 7,266,145 $ 7,113,701 $ 7,226,145 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, 2017
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	NOTE 9. RELATED PARTY TRANSACTIONS The Company paid its independent members of its board of directors for services rendered. The total amount paid was $ 163,000 98,000 The Company has entered into an agreement (the “Advisory Agreement”) with the Advisor. This 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 organizational and offering costs incurred by the Advisor or Sponsor on behalf of the Company, such as expenses related to the Offerings, 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 years ended December 31, 2017 and 2016, no other business transactions occurred between the Company and Rich Uncles REIT I, other than described below or elsewhere herein, and those relating to the Company’s investment in Rich Uncles REIT I. Year ended December 31, 2017 Year ended December 31, 2016 Incurred Receivable Payable Incurred Receivable Payable Expensed: Acquisition fees $ - $ - $ - $ 474,121 $ - $ - Asset management fees (2) 872,281 - 567,661 116,952 - 29,577 Subordinated participation fees 315,802 - 315,802 - - - Fees to affiliates 1,188,083 - - 591,073 - - Property management fees* 20,251 - 7,969 - - - Expense reimbursements from Sponsor (1) (2,324,598) 34,194 - (951,601) 79,862 - Waiver of asset management fees (2) (143,540) - - (27,501) - - Capitalized: Acquisition fees 3,661,684 (7) - - 505,608 - 274,200 Financing coordination fees 326,600 - - - - - Additional paid-in-capital: Reimbursable organizational and offering expenses (3) 1,986,147 - 15,945 731,315 - 79,645 Other: Costs advanced by Rich Uncles REIT I 48,418 (4) - - 28,571 28,571 (5) - Contribution payable to TIC (6) 363,168 - - - - - $ 34,194 $ 907,377 $ 108,433 $ 383,422 * Property management fees are classified within property operating expenses on the accompanying statements of operations. (1) The Company records payroll costs related to Company employees that answer questions from prospective stockholders. The Sponsor has agreed to reimburse the Company for these investor relations payroll costs which the Sponsor considers to be offering expenses in accordance with the Advisory Agreement. The receivable related to this is reflected in “Due from affiliates” in the Consolidated Balance Sheets. (2) 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 0.025 143,540 27,501 (3) As of December 31, 2017, the Sponsor had incurred $ 6,924,999 3 (4) The Company incurred $ 48,418 (5) The Company incurred $ 28,571 (6) After closing the acquisition of the Santa Clara property, the Company received $ 363,168 (7) Includes $626,073 relating to the Santa Clara property. See Related Party Transactions with Unconsolidated Entities. Organizational and Offering Costs Pursuant to the Advisory Agreement, the Company is obligated to reimburse the Sponsor or its affiliates for organizational and offering expenses (as defined by the Sponsor) paid by the Sponsor on behalf of the Company. The Company will reimburse the Sponsor for organizational and offering expenses up to 3.0% of gross offering proceeds. The Sponsor and affiliates will be responsible for any organizational and offering expenses to the extent they exceed 3.0% of gross offering proceeds. As of December 31, 2017, the Sponsor has incurred organizational and offering expenses in excess of 3.0% of the gross offering proceeds received by the Company. To the extent the Company has more gross offering proceeds from future stockholders, the Company will be obligated to reimburse the Sponsor. As the amount of future gross offering proceeds is uncertain, the amount the Company is obligated to reimburse to the Sponsor is uncertain. As of December 31, 2017, the Company has reimbursed the Sponsor $ 2,707,517 2,723,462 15,945 Investor Relations Payroll Expense Reimbursements from Sponsor The Company employs investor personnel that answer inquiries from potential investors regarding the Company and/or its Registered Offering. The payroll expense associated with the investor relations personnel is reimbursed by the Sponsor. The Sponsor considers these payroll costs to be offering expenses. Acquisition Fees The Company shall pay the Advisor a fee in an amount equal to 3.0% of the Company’s contract purchase price of its properties, as defined, as acquisition fees. The total of all acquisition fees and acquisition expenses shall be reasonable and shall not exceed 6.0% of the contract price of the property. Asset Management Fees 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% of the Company’s total investment value, as defined (the “Asset Management Fee”), as of the end of the preceding month. The Asset Management Fee shall be payable monthly on the last day of such month, or the first business day following the last day of such month. The Asset Management Fee, which must be reasonable in the determination of the Company’s independent directors at least annually, may or may not be taken, in whole or in part as to any year, in the sole discretion of the Advisor. All or any portion of the Asset Management Fee not paid as to any fiscal year shall be deferred without interest and may be paid in such other fiscal year as the Advisor shall determine. 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 of its monthly Asset Management Fee that is up to 0.025 872,281 116,952 143,540 27,501 567,661 29,577 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 the services (as determined by a majority of the Company’s independent directors) in connection with the post-acquisition financing or refinancing of any debt that the Company obtains relative to a property, then the Company shall pay to the Advisor or such affiliate a financing coordination fee equal to 1.0 Property Management Fees If the Advisor or any of its affiliates provides a substantial amount of the property management services (as determined by a majority of the Company’s independent directors) for the Company’s properties, then the Company shall pay to the Advisor or such affiliate 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 one of its affiliates 3.0% of the contract sales price, as defined, of each property sold; provided, however, that if, in connection with such disposition, commissions are paid to third parties unaffiliated with the Company’s Advisor or its affiliates, the disposition fees paid to its Advisor, its Sponsor, their affiliates and unaffiliated third parties may not exceed the lesser of the competitive real estate commission or 6% of the contract sales price. Subordinated participation Fees 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 (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 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. Leasing Commission Fees If a property or properties of the Company becomes unleased and the Advisor or any of its affiliates provides a substantial amount of the services (as determined by a majority of the Company’s independent directors) in connection with the Company’s leasing of the property or properties to unaffiliated third parties, then the Company shall pay to the Advisor or such affiliate 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. Other Operating Expense Reimbursement Under the charter, 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, 2017 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, 2017 given the costs of operating a public company and the early stage of operations. Related Party Transactions with Unconsolidated Entities The Company’s portion of fees paid relating to the Santa Clara property are as follows: ⋅ Acquisition fees of $ 626,073 ⋅ Asset management fees of $ 49,035 The acquisition fees were paid pursuant to the Advisory Agreement and were capitalized as a component of the Company’s investment in the TIC.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	NOTE 10. 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. Tenant Improvements Pursuant to lease agreements, the Company has an obligation to pay for $ 1,899,485 944,582 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. The SEC is conducting an investigation related to the advertising and sale of securities by the Company in connection with the Registered Offering. The investigation is a non-public fact-finding inquiry. It is neither an allegation of wrongdoing nor a finding that violations of law have occurred. In connection with the investigation, the Company and certain affiliates have received and responded to Subpoenas from the SEC requesting documents and other information related to the Company and the Registered Offering. The SEC’s investigation is ongoing. The Company has cooperated and intends to continue to cooperate with the SEC in this matter. The Company is unable to predict the likely outcome of the investigation or determine its potential impact, if any, on the Company. 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.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2017
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, 2018, the Company had sold 10,447,073 104,518,468 444,514 4,451,411 3,065 30,654 65 654 Distributions On January 10, 2018 0.0018817 502,885 On February 1, 2018 0.0018911 0.0020938 531,300 559,574 420,990 438,869 Acquisitions On March 29, 2018, the Company, through a wholly-owned subsidiary, acquired an industrial building (“3M”) leased to 3M Company, totaling approximately 410,400 15,200,000 531,000 Debt Financing On February 20, 2018 6,380,000 4.60 On March 27, 2018 14,575,000 4.84 On March 29, 2018, the Company obtained a $ 8,360,000 2.25

Schedule III Real Estate Assets

Schedule III Real Estate Assets and Accumulated Depreciation and Amortization	12 Months Ended
	Dec. 31, 2017
SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]
SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Text Block]	RW HOLDINGS NNN REIT, Inc. Schedule III Real Estate Assets and Accumulated Depreciation and Amortization December 31, 2017 Initial Cost to Company Gross Amount at which Carried at Close of Description Location Owner Original Date Encumbrances Land Buildings & Total Costs Land Buildings & Total Accumulated Accredo Orlando, FL 100 % 2006 6/15/2016 $ 4,932,287 $ 1,706,641 $ 9,003,861 $ 10,710,502 $ 198,986 $ 1,706,641 $ 9,202,847 $ 10,909,488 $ (763,575) Walgreens Stockbridge GA 100 % 2001 6/21/2016 2,201,679 1,033,105 3,820,266 4,853,371 - 1,033,105 3,820,266 4,853,371 (505,603) Dollar General Litchfield, ME 100 % 2015 11/4/2016 656,846 293,912 1,104,202 1,398,114 - 293,912 1,104,202 1,398,114 (45,274) Dollar General Wilton, ME 100 % 2015 11/4/2016 662,231 212,035 1,472,393 1,684,428 - 212,035 1,472,393 1,684,428 (57,941) Dollar General Thompsontown, PA 100 % 2015 11/4/2016 662,231 217,912 1,088,678 1,306,590 - 217,912 1,088,678 1,306,590 (43,500) Dollar General Mt. Gilead, OH 100 % 2015 11/4/2016 656,846 283,578 1,002,456 1,286,034 - 283,578 1,002,456 1,286,034 (41,707) Dollar General Lakeside, OH 100 % 2015 11/4/2016 656,846 176,515 1,037,214 1,213,729 - 176,515 1,037,214 1,213,729 (42,804) Dollar General Castalia, OH 100 % 2015 11/4/2016 656,846 154,677 1,033,817 1,188,494 - 154,677 1,033,817 1,188,494 (41,589) Dana Cedar Park, TX 100 % 2013 12/27/2016 4,709,889 1,290,863 8,312,917 9,603,780 - 1,290,863 8,312,917 9,603,780 (511,017) Northrop Grumman Melbourne, FL 100 % 1986 3/7/2017 5,945,655 1,191,024 12,533,166 13,724,190 - 1,191,024 12,533,166 13,724,190 (619,898) exp US Services Maitland, FL 100 % 1985 3/27/2017 3,505,061 785,801 5,522,567 6,308,368 - 785,801 5,522,567 6,308,368 (171,902) Harley Bedford, TX 100 % 2016 4/13/2017 6,983,418 1,145,196 12,033,092 13,178,288 - 1,145,196 12,033,092 13,178,288 (217,815) Wyndham Summerlin, NV 100 % 2001 6/22/2017 5,920,800 4,144,069 5,972,433 10,116,502 - 4,144,069 5,972,433 10,116,502 (157,378) Williams-Sonoma Summerlin, NV 100 % 1996 6/22/2017 4,699,200 3,546,744 4,049,377 7,596,121 486,174 3,546,744 4,535,551 8,082,295 (140,531) Omnicare Richmond, VA 100 % 2004 7/20/2017 4,423,574 800,772 6,523,599 7,324,371 - 800,772 6,523,599 7,324,371 (105,392) EMCOR Cincinnati, OH 100 % 2010 8/29/2017 2,955,000 427,589 5,996,509 6,424,098 - 427,589 5,996,509 6,424,098 (66,141) Husqvarna Charlotte, NC 100 % 2010 11/30/2017 - 974,663 11,880,429 12,855,092 - 974,663 11,880,429 12,855,092 (42,672) AvAir Chandler, AZ 100 % 2015 12/28/2017 12,000,000 3,493,673 23,859,450 27,353,123 - 3,493,673 23,859,450 27,353,123 - $ 62,228,409 $ 21,878,769 $ 116,246,426 $ 138,125,195 $ 685,160 $ 21,878,769 $ 116,931,586 $ 138,810,355 $ (3,574,739) (1) Building and improvements include tenant origination and absorption costs. Notes: · The aggregate cost of real estate for federal income tax purposes was approximately $ 137,900,000 · Real estate investments (excluding land) are depreciated over their estimated useful lives. Their useful lives are generally 30 48 15 15 The following table summarizes the Company’s real estate assets and accumulated depreciation and amortization as of December 31, 2017 and 2016: RW Holdings NNN REIT, Inc. Schedule III Real Estate Assets and Accumulated Depreciation and Amortization December 31, 2017 and 2016 2017 2016 Real estate investments: Balance at beginning of year $ 33,245,041 $ - Acquisitions 104,880,154 33,245,041 Improvements to real estate 685,160 - Balance at end of year $ 138,810,355 $ 33,245,041 Accumulated depreciation and amortization: Balance at beginning of year $ (493,185) $ - Depreciation and amortization (3,081,554) (493,185) Balance at end of year $ (3,574,739) $ (493,185)

SUMMARY OF SIGNIFICANT ACOUNT19

SUMMARY OF SIGNIFICANT ACOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2017
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.
Prior Period Error Corrections Policy [Policy Text Block]	Immaterial Correction During 2017, the Company identified an immaterial misstatement within the statement of cash flows for the year ended December 31, 2016 related to the classification of cash received and reported as investor deposits which understated the net cash used in operating activities and understated net cash provided by financial activities by $ 582,516 127,170 672,132 582,516 41,303,755
Cash and Cash Equivalents, Policy [Policy Text Block]	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 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 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 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 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 30 48 · Site improvements Shorter of 15 · Tenant improvements Shorter of 15 · Tenant origination and absorption costs, and above-/below-market lease intangibles Remaining lease term
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.
Other Comprehensive Income Loss [Policy Text Block]	Other Comprehensive Loss For the years ended December 31, 2017 and 2016, other comprehensive loss is the same as net loss.
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 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 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 effective 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.
Derivatives, Policy [Policy Text Block]	Derivative Instruments The Company enters into derivative instruments for risk management purposes to hedge its exposure to cash flow variability caused by changing interest rates on its variable rate mortgage notes payable. The Company records these derivative instruments at fair value on the accompanying consolidated balance sheet. The Company’s mortgage derivative instruments do not meet the hedge accounting criteria and therefore the change in the fair value are recorded as gain or loss on derivative instruments in the accompanying statement of operations. The gain or loss is included in interest expense.
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 elected to be taxed as a REIT for U.S. federal income tax purposes under Section 856 through 860 of the Internal Revenue Code of 1986, as amended, beginning with its taxable year ended December 31, 2016. The Company expects to operate in a manner that will allow us to continue to qualify as a REIT for Federal income tax purposes. To qualify as a REIT, the Company must meet certain organizational and operational requirements, including meeting various tests regarding the nature of our assets and our income, the ownership of our outstanding stock and distribution of 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, 2017. As of December 31, 2017, the returns for calendar year 2016 remain subject to examination by major tax jurisdictions.
Distributions [Policy Text Block]	Distributions The Company intends, although is not legally obligated, to continue 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, through December 31, 2017 distributions are payable on the 10 th th th th In 2017 and 2016, the Company paid all of its dividends in cash. The following presents the federal income tax characterization of the distributions paid: Years ended December 31 2017 2016 Ordinary income $ 0.111 $ 0.000 Non-taxable distribution 0.589 0.320 Total $ 0.700 $ 0.320
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 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. 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 at December 31, 2017 was limited to the number of shares the Company could redeem with the amount of the net proceeds from the sale of 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. As of December 31, 2017, 303,004 39,731 97 10.00 98 In accordance with the Company’s share repurchase program for its Class C common stock, the per share repurchase price depends on the length of time the redeeming stockholder has held such shares as follows: less than one year from the purchase date, 97 98 99 100 10.05 10.00 In accordance with the Company’s share repurchase program for its Class S common stock, shares of Class S common stock are not eligible for repurchase unless they have been held for at least one year. After this holding period has been met, Class S shares can be redeemed at the most recently published NAV, which is currently $10.05.
Repurchase and Resale Agreements Policy [Policy Text Block]	Limitations on Repurchase The Company may, but are not required to, use available cash not otherwise dedicated to a particular use to pay the repurchase price, including cash proceeds generated from the dividend reinvestment plan, securities offerings, operating cash flow not intended for distributions, borrowings and capital transactions, such as asset sales or loan refinancings. The Company cannot guarantee that it will have sufficient available cash to accommodate all repurchase requests made in any given month. In addition, the Company may not repurchase shares in an amount that would violate the restrictions on distributions under Maryland law, which prohibits distributions that would cause a corporation to fail to meet statutory tests of solvency. Additional limitations on share repurchases under the share repurchase program are as follows: Post-NAV Calculation Following the initial calculation of the Company’s NAV and NAV per share which occurred in January 2018, the Company is subject to the following limitations on the number of shares it may repurchase under the 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 its dividend reinvestment plan) 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 Company’s 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 number of shares redeemed in a given quarter despite us receiving a net capital inflow for that quarter. ⋅ In order for the Company’s 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 to the prospectus for the Registered Offering 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.
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, 2017, 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 years ended December 31, 2017 and 2016. We have presented earnings (loss) per share amounts on the accompanying statements of operations for Class C and S share classes as a combined common share class. Application of the two-class method for the allocating earnings (loss) in accordance with the provisions of ASC 260, Earnings per Share (0.15) (0.46) Distributions declared per share of Class C common stock were $ 0.700 0.320 0.175
Square Footage, Occupancy and Other Measures [Policy Text Block]	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.
Reclassification, Policy [Policy Text Block]	Reclassifications Certain reclassifications have been made to the 2016 consolidated financial statements to conform with the 2017 consolidated financial statements presentation.
New Accounting Pronouncements, Policy [Policy Text Block]	New Accounting Standards Issued and Adopted 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 January 2017, the FASB issued ASU No. 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments 37,554 In November 2016, the FASB issued ASU No 2016-18, Statement of Cash Flow Topics (Topic 230): Restricted Cash 245,604 New Accounting Standards Issued and Not Yet Adopted In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) Revenue Recognition (Topic 605) In February 2016, FASB issued ASU No. 2016-02, Leases (Topic 842) Leases (Topic 840)

SUMMARY OF SIGNIFICANT ACOUNT20

SUMMARY OF SIGNIFICANT ACOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2017
Accounting Policies [Abstract]
Dividends Declared [Table Text Block]	In 2017 and 2016, the Company paid all of its dividends in cash. The following presents the federal income tax characterization of the distributions paid: Years ended December 31 2017 2016 Ordinary income $ 0.111 $ 0.000 Non-taxable distribution 0.589 0.320 Total $ 0.700 $ 0.320

SUPPLEMENTAL DETAIL FOR CERTA21

SUPPLEMENTAL DETAIL FOR CERTAIN CONSOLIDATED BALANCE SHEET LINE ITEMS (Tables)	12 Months Ended
	Dec. 31, 2017
Disclosure Text Block Supplement [Abstract]
Supplemental Detail Disclosures for Consolidate Balance Sheet [Table Text Block]	December 31, 2017 2016 A. Tenant receivables: Straight-line rent $ 995,822 $ 29,976 Tenant rent 27,460 84,344 Tenant recoveries 239,813 - $ 1,263,095 $ 114,320 B. Accounts payable, accrued expenses and other liabilities: Accounts payable $ 244,430 $ 82,200 Accrued expenses 571,308 105,600 Accrued interest payable 186,841 26,339 Unearned rent 548,266 11,447 Deferred commission payable 2,250 - Lease incentive obligation 858,389 244,650 $ 2,411,484 $ 470,236

REAL ESTATE (Tables)

REAL ESTATE (Tables)	12 Months Ended
	Dec. 31, 2017
Schedule of Real Estate Properties [Table Text Block]	As of December 31, 2017, the Company’s real estate portfolio consisted of eighteen properties in eight states consisting of eight retail, six office and four industrial properties. The following table provides summary information regarding the Company’s real estate as of December 31, 2017: Property Location Acquisition Property Land, Tenant Accumulated Total Accredo Orlando, FL 6/15/2016 Office $ 9,855,847 $ 1,053,637 $ (763,575) $ 10,145,909 Walgreens Stockbridge, GA 6/21/2016 Retail 4,147,948 705,423 (505,603) 4,347,768 Dollar General Litchfield, ME 11/4/2016 Retail 1,281,812 116,302 (45,274) 1,352,840 Dollar General Wilton, ME 11/4/2016 Retail 1,543,776 140,653 (57,941) 1,626,488 Dollar General Thompsontown, PA 11/4/2016 Retail 1,199,860 106,730 (43,500) 1,263,090 Dollar General Mt. Gilead, OH 11/4/2016 Retail 1,174,188 111,847 (41,707) 1,244,328 Dollar General Lakeside, OH 11/4/2016 Retail 1,112,872 100,857 (42,804) 1,170,925 Dollar General Castalia, OH 11/4/2016 Retail 1,102,086 86,408 (41,589) 1,146,905 Dana Cedar Park, TX 12/27/2016 Industrial 8,392,906 1,210,874 (511,018) 9,092,762 Northrop Grumman Melbourne, FL 3/7/2017 Office 12,382,991 1,341,199 (619,898) 13,104,292 exp US Services Maitland, FL 3/27/2017 Office 5,920,121 388,248 (171,902) 6,136,467 Harley Bedford, TX 4/13/2017 Retail 13,178,288 - (217,815) 12,960,473 Wyndham Summerlin, NV 6/22/2017 Office 9,447,270 669,232 (157,378) 9,959,124 Williams Sonoma Summerlin, NV 6/22/2017 Office 7,531,809 550,486 (140,531) 7,941,764 Omnicare Richmond, VA 7/20/2017 Industrial 7,042,928 281,442 (105,392) 7,218,978 EMCOR Cincinnati, OH 8/29/2017 Office 5,960,610 463,488 (66,140) 6,357,958 Husqvarna Charlotte, NC 11/30/2017 Industrial 11,841,144 1,013,948 (42,672) 12,812,420 AvAir Chandler, AZ 12/28/2017 Industrial 27,353,125 - - 27,353,125 $ 130,469,581 $ 8,340,774 $ (3,574,739) $ 135,235,616
Schedule Of Lease Expiration Date [Table Text Block]	The noncancellable lease terms of the properties acquired during the year ended December 31, 2017 are as follows: Property Lease Expiration Northrop Grumman 5/31/2021 exp US Services 11/30/2026 Harley 4/12/2032 Wyndham 2/28/2025 Williams Sonoma 10/31/2022 Omnicare 5/31/2026 EMCOR 2/28/2027 Husqvarna 6/30/2027(1) AvAir 12/31/2032 (1) The tenant’s right to cancel lease on June 30, 2025 was not determined to be probable for financial accounting purposes. The noncancellable lease terms of the properties acquired during the year ended December 31, 2016 are as follows: Property Lease Expiration Accredo 2/28/2021 Walgreens 6/14/2021 Dollar General, Litchfield 9/30/2030 Dollar General, Wilton 7/31/2030 Dollar General, Thompsontown 10/31/2030 Dollar General, Mt. Gilead 6/30/2030 Dollar General, Lakeside 5/31/2030 Dollar General, Castalia 5/31/2030 Dana 6/30/2024
Schedule Of Real Estate Property Acquisitions [Table Text Block]	During the year ended December 31, 2017, the Company acquired the following properties, excluding the Company’s investment in a tenant-in-common (“TIC”) ownership interest in the Santa Clara, CA property (“Santa Clara”) as discussed in Note 5: Property Land Buildings and Tenant Above-Market Below-Market Total Northrop Grumman $ 1,191,024 $ 11,191,967 $ 1,341,199 $ - $ - $ 13,724,190 exp US Services 785,801 5,134,320 388,248 616,486 - 6,924,855 Harley 1,145,196 12,033,092 - - - 13,178,288 Wyndham 4,144,069 5,303,201 669,232 - - 10,116,502 Williams Sonoma 3,546,744 3,478,337 550,486 - (364,555 ) 7,211,012 Omnicare 800,772 6,242,156 281,442 - - 7,324,370 EMCOR 427,589 5,533,021 463,488 - (285,562 ) 6,138,536 Husqvarna 974,663 10,866,481 1,013,948 - (852,044 ) 12,003,048 AvAir 3,493,673 23,859,451 - - - 27,353,124 $ 16,509,531 $ 83,642,026 $ 4,708,043 $ 616,486 $ (1,502,161 ) $ 103,973,925 During the year ended December 31, 2016, the Company acquired the following properties: Property Land Buildings and Improvements Tenant Origination and Absorption Costs Above-Market Leases Below-Market Leases Total Accredo $ 1,706,641 $ 7,950,221 $ 1,053,638 $ - $ - $ 10,710,500 Walgreens 1,033,105 3,114,843 705,423 166,629 - 5,020,000 Dollar General, Litchfield 293,912 987,900 116,302 - - 1,398,114 Dollar General, Wilton 212,035 1,331,741 140,653 - - 1,684,429 Dollar General, Thompsontown 217,912 981,948 106,730 - - 1,306,590 Dollar General, Mt. Gilead 283,578 890,610 111,847 - - 1,286,035 Dollar General, Lakeside 176,515 936,357 100,857 - - 1,213,729 Dollar General, Castalia 154,677 947,409 86,408 - - 1,188,494 Dana 1,290,863 7,102,043 1,210,873 - (151,610 ) 9,452,169 $ 5,369,238 $ 24,243,072 $ 3,632,731 $ 166,629 $ (151,610 ) $ 33,260,060
Schedule Of Real Estate Investment Property PurchasePrice [Table Text Block]	Purchase price $ 103,973,925 Purchase deposits applied (500,000) Acquisition fees to affiliate (3,015,057) Cash paid for acquisition of real estate investments $ 100,458,868 Purchase price $ 33,260,060 Acquisition fees to affiliates (505,608) Cash paid for acquisition of real estate investments $ 32,754,452
Schedule Of Portfolios Asset Concentration [Table Text Block]	As of December 31, 2017, the Company’s portfolio’s asset concentration (greater than 10% of total assets) was as follows: Property and Location Net Carrying Percentage of AvAir $ 27,353,125 17.4 %
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	As of December 31, 2017, the future minimum contractual rent payments due under the Company’s operating leases, excluding any renewal periods, are as follows: 2018 $ 10,621,181 2019 10,872,205 2020 10,825,620 2021 9,728,540 2022 8,809,117 Thereafter 54,293,469 $ 105,150,132
Schedule Of Portfolios Revenue Concentration [Table Text Block]	For the year ended December 31, 2017, the Company’s portfolio’s revenue concentration (greater than 10% total revenue) was as follows: Property and Location Revenue Percentage of AvAir, AZ $ 2,100,000 19.9 % Northrop Grumman, FL $ 1,162,274 11.0 % As of December 31, 2017, no other tenant accounted for more than 10% of the total revenue. Property and Location Effective Annual Percentage of Accredo, Orlando FL $ 872,550 36.0 % Walgreens, Stockbridge, GA $ 360,000 14.8 % Dana, Cedar Park, TX $ 656,076 27.0 %
Schedule of Finite-Lived Intangible Assets [Table Text Block]	As of December 31, 2017, the Company’s intangibles were as follows: Tenant Above-market Below-market leases Cost $ 8,340,774 $ 783,115 $ (1,653,771 ) Accumulated amortization (1,192,318 ) (101,822 ) 69,542 Net amount $ 7,148,456 $ 681,293 $ (1,584,229 ) As of December 31, 2016, the Company’s intangibles were as follows: Tenant Above-market Below-market leases Cost $ 3,632,731 $ 166,629 $ (151,610 ) Accumulated amortization (210,404 ) (18,052 ) 843 Net amount $ 3,422,327 $ 148,577 $ (150,767 )
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	As of December 31, 2017, amortization of intangible assets over the next five years is expected to be as follows: Tenant Above-Market Below-market 2018 $ 1,214,317 $ 97,045 $ 147,699 2019 1,214,317 97,045 147,699 2020 1,214,317 97,045 147,699 2021 798,057 78,994 147,699 2022 507,882 63,719 128,055 Thereafter 2,199,566 247,445 865,380 $ 7,148,456 $ 681,293 $ 1,584,231 Weighted-Average Remaining Amortization Period 8.97 years 7.99 years 15.34 years

INVESTMENTS IN UNCONSOLIDATED23

INVESTMENTS IN UNCONSOLIDATED ENTITIES (Tables)	12 Months Ended
	Dec. 31, 2017
Equity Method Investments [Table Text Block]	December 31, 2017 2016 RU Martin Street Santa Clara (“TIC”) (1) $ 11,103,547 $ - Rich Uncles Real Estate Investment Trust I (“REIT I”) 3,420,475 3,523,809 $ 14,524,022 $ 3,523,809 (1) The Company’s investment includes $ 626,073
Equity Method Investments, Entitiys Equity In Earnings [Table Text Block]	The Company’s income (losses) from investments in unconsolidated entities is as follows: Years ended December 31 2017 2016 TIC $ 30,038 $ - REIT I 169,195 (79,271) $ 199,233 $ (79,271)
RuMartin Street Santa Clara [Member]
Equity Method Investments, Summarized Financial Information [Table Text Block]	The following is summarized financial information for the TIC: December 31, 2017 ASSETS: Real estate investments, net $ 32,587,034 Cash and cash equivalents 615,436 Other assets 103,700 Total assets $ 33,306,170 LIABILITIES Mortgage notes payable, net $ 14,235,256 Below-market lease, net 3,247,480 Other liabilities 246,085 Total liabilities 17,728,821 TOTAL EQUITY 15,577,349 TOTAL LIABILITIES AND EQUITY $ 33,306,170 Period from September TOTAL REVENUE $ 757,850 EXPENSES: Interest expense 154,339 Depreciation and amortization 410,722 Other expense 151,477 Total expenses 716,538 NET INCOME $ 41,312
Rich Uncles Real Estate Investment Trust 1 [Member]
Equity Method Investments, Summarized Financial Information [Table Text Block]	The following is summarized financial information for REIT I: December 31, 2017 2016 ASSETS: Real estate investments, net $ 131,166,670 $ 105,462,499 Cash and cash equivalents and restricted cash 6,027,807 13,465,152 Other assets 2,658,777 2,479,919 Total assets $ 139,853,254 $ 121,407,570 LIABILITIES Mortgage notes payable, net $ 62,277,387 $ 38,705,103 Below-market lease, net 3,966,008 4,841,757 Other liabilities 2,937,247 3,266,878 Total liabilities 69,180,642 46,813,738 REDEEMABLE COMMON STOCK 586,242 1,229,644 TOTAL STOCKHOLDER EQUITY 70,086,370 73,364,188 TOTAL LIABILITIES, REDEEMABLE COMMON STOCK AND STOCKHOLDER'S EQUITY $ 139,853,254 $ 121,407,570 Years ended December 31, 2017 2016 TOTAL REVENUE $ 12,816,460 $ 6,414,592 EXPENSES: Depreciation and amortization 5,654,451 3,134,979 Interest expense 2,503,810 768,122 Other expense 4,033,242 4,403,040 Total expenses 12,191,503 8,306,141 OTHER INCOME: Gain on sale of real estate investment property, net 747,957 - Other income 22,133 161 Total other income 770,090 161 NET INCOME (LOSS) $ 1,395,047 $ (1,891,388)

DEBT (Tables)

DEBT (Tables)	12 Months Ended
	Dec. 31, 2017
Debt Disclosure [Abstract]
Schedule of Debt [Table Text Block]	As of December 31, 2017 and 2016, the Company’s mortgage notes payable consisted of the following: 2017 2016 Collateral Principal Deferred Net Balance Principal Deferred Net Contractual Effective Loan Accredo/Walgreen properties $ 7,133,966 $ (124,763) $ 7,009,203 $ 7,266,145 $ (152,444) $ 7,113,701 3.95% 3.95 % 7/1/2021 Dana property 4,709,889 (125,132) 4,584,757 - - - 4.56% 4.56 % 4/1/2023 Six Dollar General 3,951,846 (153,290) 3,798,556 - - - 4.69% 4.69 % 4/1/2022 Wyndham property (2) 5,920,800 (109,936) 5,810,864 - - - One-month 4.34 % 6/5/2027 Williams Sonoma 4,699,200 (85,227) 4,613,973 - - - One-month 4.05 % 6/5/2022 Omnicare property 4,423,574 (169,372) 4,254,202 - - - 4.36% 4.36 % 5/1/2026 Harley property 6,983,418 (200,811) 6,782,607 - - - 4.25% 4.25 % 9/1/2024 Northrop Grumman 5,945,655 (217,584) 5,728,071 - - - 4.40% 4.40 % 3/2/2021 EMCOR property 2,955,000 (83,743) 2,871,257 - - - 4.35% 4.35 % 12/1/2024 exp US Services property 3,505,061 (140,382) 3,364,679 - - - Initial 4.25%; 4.25 % 11/17/2024 AvAir property 12,000,000 (330,866) 11,669,134 - - - 8.25% 8.25 % 1/1/2019 $ 62,228,409 $ (1,741,106) $ 60,487,303 $ 7,266,145 $ (152,444) $ 7,113,701 (1) Contractual interest rate represents the interest rate in effect under the mortgage note payable as of December 31, 2017. Effective interest rate is calculated as the actual interest rate in effect as of December 31, 2017 (consisting of the contractual interest rate and the effect of the interest rate swap, if applicable). For further information regarding the Company’s derivative instruments, see Note 6. (2) The loans on each of the Williams Sonoma and Wyndham properties (collectively, the “Property”) located in Summerlin, Nevada were originated by Nevada State Bank (“Bank”). The loans are collateralized by a deed of trust and a security agreement with assignment of rents and fixture filing. In addition, the individual loans are subject to a cross collateralization and cross default agreement whereby any default under, or failure to comply with the terms of any one or both of the loans is an event of default under the terms of both loans. The value of the Property must be in an amount sufficient to maintain a loan to value ratio of no more than 60%. If the loan to value ratio is ever more than 60%, the borrower shall, upon the Bank’s written demand, reduce the principal balance of the loans so that the loan to value ratio is no more than 60
Schedule of Maturities of Long-term Debt [Table Text Block]	Mortgage Notes Unsecured Total 2018 $ 893,957 $ 12,000,000 (1) $ 12,893,957 2019 12,936,994 - 12,936,994 2020 974,540 - 974,540 2021 7,571,163 - 7,571,163 2022 13,923,743 - 13,923,743 Thereafter 25,928,012 - 25,928,012 Total principal 62,228,409 12,000,000 74,228,409 Deferred financing costs, net (1,741,106) - (1,741,106) Total $ 60,487,303 $ 12,000,000 $ 72,487,303 (1) The principal balance of the Unsecured Credit Facility was repaid on February 1, 2018.
Schedule Of Interest Expenses Reconciliation [Table Text Block]	Year Ended December 31 2017 2016 Mortgage notes payable Interest expense (1) $ 1,197,582 $ 154,625 Amortization of deferred financing costs 168,546 18,222 Unrealized gain on interest rate swaps (see Note 7) (7,899) - Unsecured credit facility Interest expense 248,637 219,874 Amortization of deferred financing costs 1,118 1,429 Forfeited loan fee 30,000 960 Total interest expense $ 1,637,984 $ 395,110 (1) Includes $ 45,728 0 6,231

INTEREST RATE SWAP DERIVATIVES

INTEREST RATE SWAP DERIVATIVES (Tables)	12 Months Ended
	Dec. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments [Table Text Block]	The following table summarizes the notional amount and other information related to the Company’s interest rate swaps as of December 31, 2017. The notional amount is an indication of the extent of the Company’s involvement in each instrument at that time, but does not represent exposure to credit, interest rate or market risks: December 31, 2017 Derivative Number of Notional Amount Reference Rate as Weighted Average Weighted Average Interest Rate 2 $ 10,620,000 One-month LIBOR + applicable spread/Fixed at 4.05% 4.21 % 7.21 years (i) The notional amount of the Company’s swaps decreases each month to correspond to the outstanding principal balance on the related mortgage. The minimum notional amount (outstanding principal balance at the maturity date) as of December 31, 2017 was $ 9,083,700
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]	The following table sets forth the fair value of the Company’s derivative instruments (Level 2 measurement), as well as their classification in the consolidated balance sheet as of December 31, 2017: Derivative Instrument Balance Sheet Location Number of Fair Value Interest Rate Swaps Asset – Interest rate swap derivatives, at fair value 2 $ 7,899

FAIR VALUE DISCLOSURES (Tables)

FAIR VALUE DISCLOSURES (Tables)	12 Months Ended
	Dec. 31, 2017
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 notes payable as of December 31, 2017 and 2016: 2017 2016 Face value Carrying Fair value Face value Carrying Fair value Mortgage notes payable $ 62,228,408 $ 60,487,303 $ 62,363,284 $ 7,266,145 $ 7,113,701 $ 7,226,145

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	12 Months Ended
	Dec. 31, 2017
Related Party Transactions [Abstract]
Schedule of Related Party Transactions [Table Text Block]	Summarized below are the related party costs incurred by the Company, including those incurred pursuant to the Advisory Agreement, for the years ended December 31, 2017 and 2016, respectively: Year ended December 31, 2017 Year ended December 31, 2016 Incurred Receivable Payable Incurred Receivable Payable Expensed: Acquisition fees $ - $ - $ - $ 474,121 $ - $ - Asset management fees (2) 872,281 - 567,661 116,952 - 29,577 Subordinated participation fees 315,802 - 315,802 - - - Fees to affiliates 1,188,083 - - 591,073 - - Property management fees* 20,251 - 7,969 - - - Expense reimbursements from Sponsor (1) (2,324,598) 34,194 - (951,601) 79,862 - Waiver of asset management fees (2) (143,540) - - (27,501) - - Capitalized: Acquisition fees 3,661,684 (7) - - 505,608 - 274,200 Financing coordination fees 326,600 - - - - - Additional paid-in-capital: Reimbursable organizational and offering expenses (3) 1,986,147 - 15,945 731,315 - 79,645 Other: Costs advanced by Rich Uncles REIT I 48,418 (4) - - 28,571 28,571 (5) - Contribution payable to TIC (6) 363,168 - - - - - $ 34,194 $ 907,377 $ 108,433 $ 383,422 * Property management fees are classified within property operating expenses on the accompanying statements of operations. (1) The Company records payroll costs related to Company employees that answer questions from prospective stockholders. The Sponsor has agreed to reimburse the Company for these investor relations payroll costs which the Sponsor considers to be offering expenses in accordance with the Advisory Agreement. The receivable related to this is reflected in “Due from affiliates” in the Consolidated Balance Sheets. (2) 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 0.025 143,540 27,501 (3) As of December 31, 2017, the Sponsor had incurred $ 6,924,999 3 (4) The Company incurred $ 48,418 (5) The Company incurred $ 28,571 (6) After closing the acquisition of the Santa Clara property, the Company received $ 363,168 (7) Includes $626,073 relating to the Santa Clara property. See Related Party Transactions with Unconsolidated Entities.

BUSINESS AND ORGANIZATION (Deta

BUSINESS AND ORGANIZATION (Details Textual) - USD ($)	1 Months Ended		12 Months Ended
	Mar. 27, 2018	Jun. 24, 2015	Dec. 31, 2017	Dec. 31, 2016	Jan. 19, 2018	Jan. 18, 2018	Jan. 04, 2018	Jul. 15, 2015
Business And Organisation [Line Items]
Authority To Issue of Common Stock			450,000,000
Common Stock, Shares Authorized			50,000
Common Stock, Par or Stated Value Per Share			$ 0.001
Preferred Stock, Shares Authorized			50,000,000	50,000,000
Preferred Stock, Par or Stated Value Per Share			$ 0.001	$ 0.001
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, Value, New Issues			$ 66,204,898	$ 24,377,178
Tenant-in-common [Member] | Real Estate Investment [Member]
Business And Organisation [Line Items]
Equity Method Investment, Ownership Percentage			72.70%
Affiliated REIT [Member] | Real Estate Investment [Member]
Business And Organisation [Line Items]
Equity Method Investment, Ownership Percentage			4.40%
Subsequent Event [Member]
Business And Organisation [Line Items]
Stock Issued During Period, Shares, New Issues	10,447,073
Common Class S [Member]
Business And Organisation [Line Items]
Common Stock, Shares Authorized			100,000,000	100,000,000
Common Stock, Par or Stated Value Per Share			$ 0.001	$ 0.001
Stock Issued During Period, Shares, New Issues			3,032	0
Stock Issued During Period, Value, New Issues			$ 3	$ 0
Common Class S [Member] | Subsequent Event [Member]
Business And Organisation [Line Items]
Net Asset Value Per Share					$ 10.05	$ 10.05
Common Class C [Member]
Business And Organisation [Line Items]
Common Stock, Shares Authorized			300,000,000	200,000,000
Common Stock, Par or Stated Value Per Share			$ 0.001	$ 0.001
Preferred Stock, Shares Authorized			300,000,000
Preferred Stock, Par or Stated Value Per Share			$ 0.001
Stock Issued During Period, Shares, New Issues			6,617,457	2,437,718
Shares Issued, Price Per Share			$ 10
Stock Issued During Period, Value, New Issues			$ 6,617	$ 2,438
Common Class C [Member] | Minimum [Member]
Business And Organisation [Line Items]
Stock Issued During Period, Shares, New Issues			500
Common Class C [Member] | Subsequent Event [Member]
Business And Organisation [Line Items]
Stock Issued During Period, Shares, New Issues	444,514
Stock Issued During Period, Value, New Issues	$ 104,518,468
Net Asset Value Per Share							$ 10
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
DRP Offering [Member] | Common Class S [Member]
Business And Organisation [Line Items]
Stock Issued During Period, Shares, New Issues			32
Stock Issued During Period, Value, New Issues			$ 30,324
DRP Offering [Member] | Common Class C [Member]
Business And Organisation [Line Items]
Stock Issued During Period, Shares, New Issues			9,055,175
Stock Issued During Period, Value, New Issues			$ 90,551,753
DRP Offering [Member] | Distribution Reinvestment Plan [Member] | Common Class C [Member]
Business And Organisation [Line Items]
Stock Issued During Period, Shares, New Issues			319,150
Sponsor [Member]
Business And Organisation [Line Items]
Stock Issued During Period, Shares, New Issues		10,000
Shares Issued, Price Per Share		$ 10

SUMMARY OF SIGNIFICANT ACOUNT29

SUMMARY OF SIGNIFICANT ACOUNTING POLICIES (Details) - $ / shares	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Ordinary income	$ 0.111	$ 0
Non-taxable distribution	0.589	0.320
Total	$ 0.700	$ 0.320

SUMMARY OF SIGNIFICANT ACOUNT30

SUMMARY OF SIGNIFICANT ACOUNTING POLICIES (Details Textual) - USD ($)	3 Months Ended	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2017	Dec. 31, 2016	Jan. 19, 2018	Jan. 18, 2018	Jan. 04, 2018
Accounting Policies [Line Items]
Minimum Percentage Distribute of Taxable Income To Shareholders		90.00%
Share Price	$ 10	$ 10
Common Stock, Dividends, Per Share, Declared		$ 0.700	$ 0.320
Error Corrections and Prior Period Adjustments, Description		During 2017, the Company identified an immaterial misstatement within the statement of cash flows for the year ended December 31, 2016 related to the classification of cash received and reported as investors deposit which understated the net cash used in operating activities and understated net cash provided by financial activities by $582,516.
Net Cash Provided by (Used in) Operating Activities		$ 3,790,837	$ (672,132)
Net Cash Provided by (Used in) Financing Activities		$ 112,308,480	$ 41,303,755
Common Class C [Member]
Accounting Policies [Line Items]
Common Stock, Dividends, Per Share, Declared		$ 0.700	$ 0.320
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share, Number of Shares Tendered for Redemption		303,004
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share, Shares Excluded		39,731
Earnings Per Share, Basic		$ (0.15)
Common Class C [Member] | Subsequent Event [Member]
Accounting Policies [Line Items]
Share Price				$ 10
Net Asset Value Per Share						$ 10
Common Class S [Member]
Accounting Policies [Line Items]
Common Stock, Dividends, Per Share, Declared	$ 0.175
Earnings Per Share, Basic		$ (0.46)
Common Class S [Member] | Subsequent Event [Member]
Accounting Policies [Line Items]
Net Asset Value Per Share				$ 10.05	$ 10.05
Accounting Standards Update 2016-15 [Member] | Investments in Unconsolidate Entities [Member]
Accounting Policies [Line Items]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Change on Operating Results			$ 37,554
Accounting Standards Update 2016-18 [Member] | Restricted Cash [Member]
Accounting Policies [Line Items]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Change on Operating Results			245,604
Restatement Adjustment [Member]
Accounting Policies [Line Items]
Prior Period Reclassification Adjustment		$ 582,516
Net Cash Provided by (Used in) Financing Activities			$ 582,516
Scenario, Previously Reported [Member]
Accounting Policies [Line Items]
Net Cash Provided by (Used in) Operating Activities		$ 127,170
Less Than One Year [Member] | Common Class C [Member] | Subsequent Event [Member]
Accounting Policies [Line Items]
Stock Redemption Price Percentage						97.00%
Less Than One Year [Member] | Common Class S [Member] | Subsequent Event [Member]
Accounting Policies [Line Items]
Stock Redemption Price Percentage				97.00%
Later than One Year but Less than Two years [Member] | Common Class C [Member] | Subsequent Event [Member]
Accounting Policies [Line Items]
Stock Redemption Price Percentage						98.00%
Less Than Two Year [Member] | Common Class S [Member] | Subsequent Event [Member]
Accounting Policies [Line Items]
Stock Redemption Price Percentage				98.00%
Later than Two Year but Less than Three Year [Member] | Subsequent Event [Member]
Accounting Policies [Line Items]
Net Asset Value Per Share				$ 99
Later than Three years [Member] | Subsequent Event [Member]
Accounting Policies [Line Items]
Net Asset Value Per Share				$ 100
Minimum [Member]
Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life		30 years
Maximum [Member]
Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life		48 years
Stock Repurchase Program, Shares Authorized To Be Repurchased, Percentage Per Month		2.00%
Stock Repurchase Program, Shares Authorized To Be Repurchased, Percentage Per Quarter		5.00%
Stock Repurchase Program, Shares Authorized To Be Repurchased, Percentage Per Year		20.00%
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 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 lease term

SUPPLEMENTAL DETAIL FOR CERTA31

SUPPLEMENTAL DETAIL FOR CERTAIN CONSOLIDATED BALANCE SHEET LINE ITEMS (Details) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Tenant receivables:
Straight-line rent	$ 995,822	$ 29,976
Tenant rent	27,460	84,344
Tenant recoveries	239,813	0
Accounts Receivable, Gross	1,263,095	114,320
Accounts payable, accrued expenses and other liabilities:
Accounts payable	244,430	82,200
Accrued expenses	571,308	105,600
Accrued interest payable	186,841	26,339
Unearned rent	548,266	11,447
Deferred commission payable	2,250	0
Lease incentive obligation	858,389	244,650
Deferred tenant reimbursement	$ 2,411,484	$ 470,236

REAL ESTATE (Details)

REAL ESTATE (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Real Estate [Line Items]
Land, building and improvements	$ 130,469,581
Tenant origination and absorption costs	8,340,774	$ 3,632,731
Accumulated depreciation and amortization	(3,574,739)	(493,185)	$ 0
Total real estate investments, net	$ 135,235,616	$ 32,751,856
Accredo [Member]
Real Estate [Line Items]
Real Estate, Acquisition, Property Location	Orlando, FL
Business Acquisition, Effective Date of Acquisition	Jun. 15, 2016
Walgreens [Member]
Real Estate [Line Items]
Real Estate, Acquisition, Property Location	Stockbridge, GA
Business Acquisition, Effective Date of Acquisition	Jun. 21, 2016
Dollar General One [Member]
Real Estate [Line Items]
Real Estate, Acquisition, Property Location	Litchfield, ME
Business Acquisition, Effective Date of Acquisition	Nov. 4, 2016
Dollar General Two [Member]
Real Estate [Line Items]
Real Estate, Acquisition, Property Location	Wilton, ME
Business Acquisition, Effective Date of Acquisition	Nov. 4, 2016
Dollar General Three [Member]
Real Estate [Line Items]
Real Estate, Acquisition, Property Location	Thompsontown, PA
Business Acquisition, Effective Date of Acquisition	Nov. 4, 2016
Dollar General Four [Member]
Real Estate [Line Items]
Real Estate, Acquisition, Property Location	Mt. Gilead, OH
Business Acquisition, Effective Date of Acquisition	Nov. 4, 2016
Dollar General Five [Member]
Real Estate [Line Items]
Real Estate, Acquisition, Property Location	Lakeside, OH
Business Acquisition, Effective Date of Acquisition	Nov. 4, 2016
Dollar General Six [Member]
Real Estate [Line Items]
Real Estate, Acquisition, Property Location	Castalia, OH
Dana [Member]
Real Estate [Line Items]
Real Estate, Acquisition, Property Location	Cedar Park, TX
Business Acquisition, Effective Date of Acquisition	Dec. 27, 2016
Northrop [Member]
Real Estate [Line Items]
Real Estate, Acquisition, Property Location	Melbourne, FL
Business Acquisition, Effective Date of Acquisition	Mar. 7, 2017
Ex Us Services [Member]
Real Estate [Line Items]
Real Estate, Acquisition, Property Location	Maitland, FL
Business Acquisition, Effective Date of Acquisition	Mar. 27, 2017
Harley [Member]
Real Estate [Line Items]
Real Estate, Acquisition, Property Location	Bedford, TX
Business Acquisition, Effective Date of Acquisition	Apr. 13, 2017
Wyndham [Member]
Real Estate [Line Items]
Real Estate, Acquisition, Property Location	Summerlin, NV
Business Acquisition, Effective Date of Acquisition	Jun. 22, 2017
Wiiliams Sonoma [Member]
Real Estate [Line Items]
Real Estate, Acquisition, Property Location	Summerlin, NV
Business Acquisition, Effective Date of Acquisition	Jun. 22, 2017
Omnicare [Member]
Real Estate [Line Items]
Real Estate, Acquisition, Property Location	Richmond, VA
Business Acquisition, Effective Date of Acquisition	Jul. 20, 2017
EMCOR [Member]
Real Estate [Line Items]
Real Estate, Acquisition, Property Location	Cincinnati, OH
Business Acquisition, Effective Date of Acquisition	Aug. 29, 2017
Husqvarna [Member]
Real Estate [Line Items]
Real Estate, Acquisition, Property Location	Charlotte, NC
Business Acquisition, Effective Date of Acquisition	Nov. 30, 2017
AvAir [Member]
Real Estate [Line Items]
Real Estate, Acquisition, Property Location	Chandler, AZ
Business Acquisition, Effective Date of Acquisition	Dec. 28, 2017
Office Building [Member] | Accredo [Member]
Real Estate [Line Items]
Land, building and improvements	$ 9,855,847
Tenant origination and absorption costs	1,053,637
Accumulated depreciation and amortization	(763,575)
Total real estate investments, net	10,145,909
Office Building [Member] | Northrop [Member]
Real Estate [Line Items]
Land, building and improvements	12,382,991
Tenant origination and absorption costs	1,341,199
Accumulated depreciation and amortization	(619,898)
Total real estate investments, net	13,104,292
Office Building [Member] | Ex Us Services [Member]
Real Estate [Line Items]
Land, building and improvements	5,920,121
Tenant origination and absorption costs	388,248
Accumulated depreciation and amortization	(171,902)
Total real estate investments, net	6,136,467
Office Building [Member] | Wyndham [Member]
Real Estate [Line Items]
Land, building and improvements	9,447,270
Tenant origination and absorption costs	669,232
Accumulated depreciation and amortization	(157,378)
Total real estate investments, net	9,959,124
Office Building [Member] | Wiiliams Sonoma [Member]
Real Estate [Line Items]
Land, building and improvements	7,531,809
Tenant origination and absorption costs	550,486
Accumulated depreciation and amortization	(140,531)
Total real estate investments, net	7,941,764
Office Building [Member] | EMCOR [Member]
Real Estate [Line Items]
Land, building and improvements	5,960,610
Tenant origination and absorption costs	463,488
Accumulated depreciation and amortization	(66,140)
Total real estate investments, net	6,357,958
Retail Site [Member]
Real Estate [Line Items]
Land, building and improvements	4,147,948
Tenant origination and absorption costs	705,423
Accumulated depreciation and amortization	(505,603)
Total real estate investments, net	4,347,768
Retail Site [Member] | Dollar General One [Member]
Real Estate [Line Items]
Land, building and improvements	1,281,812
Tenant origination and absorption costs	116,302
Accumulated depreciation and amortization	(45,274)
Total real estate investments, net	1,352,840
Retail Site [Member] | Dollar General Two [Member]
Real Estate [Line Items]
Land, building and improvements	1,543,776
Tenant origination and absorption costs	140,653
Accumulated depreciation and amortization	(57,941)
Total real estate investments, net	1,626,488
Retail Site [Member] | Dollar General Three [Member]
Real Estate [Line Items]
Land, building and improvements	1,199,860
Tenant origination and absorption costs	106,730
Accumulated depreciation and amortization	(43,500)
Total real estate investments, net	1,263,090
Retail Site [Member] | Dollar General Four [Member]
Real Estate [Line Items]
Land, building and improvements	1,174,188
Tenant origination and absorption costs	111,847
Accumulated depreciation and amortization	(41,707)
Total real estate investments, net	1,244,328
Retail Site [Member] | Dollar General Five [Member]
Real Estate [Line Items]
Land, building and improvements	1,112,872
Tenant origination and absorption costs	100,857
Accumulated depreciation and amortization	(42,804)
Total real estate investments, net	1,170,925
Retail Site [Member] | Dollar General Six [Member]
Real Estate [Line Items]
Land, building and improvements	1,102,086
Tenant origination and absorption costs	86,408
Accumulated depreciation and amortization	(41,589)
Total real estate investments, net	1,146,905
Industrial [Member] | Dana [Member]
Real Estate [Line Items]
Land, building and improvements	8,392,906
Tenant origination and absorption costs	1,210,874
Accumulated depreciation and amortization	(511,018)
Total real estate investments, net	9,092,762
Industrial [Member] | Harley [Member]
Real Estate [Line Items]
Land, building and improvements	13,178,288
Tenant origination and absorption costs	0
Accumulated depreciation and amortization	(217,815)
Total real estate investments, net	12,960,473
Industrial [Member] | Omnicare [Member]
Real Estate [Line Items]
Land, building and improvements	7,042,928
Tenant origination and absorption costs	281,442
Accumulated depreciation and amortization	(105,392)
Total real estate investments, net	7,218,978
Industrial [Member] | Husqvarna [Member]
Real Estate [Line Items]
Land, building and improvements	11,841,144
Tenant origination and absorption costs	1,013,948
Accumulated depreciation and amortization	(42,672)
Total real estate investments, net	12,812,420
Industrial [Member] | AvAir [Member]
Real Estate [Line Items]
Land, building and improvements	27,353,125
Tenant origination and absorption costs	0
Accumulated depreciation and amortization	0
Total real estate investments, net	$ 27,353,125

REAL ESTATE (Details 1)

REAL ESTATE (Details 1) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	$ 103,973,925	$ 33,260,060
Real Estate, Acquisition, Description	exp US Services
Accredo [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		$ 10,710,500
Real Estate, Acquisition, Description	Accredo	Accredo
Walgreens [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		$ 5,020,000
Real Estate, Acquisition, Description	Walgreens	Walgreens
Northrop [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	$ 13,724,190
Real Estate, Acquisition, Description	Northrop Grumman
Ex Us Services [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	$ 6,924,855
Harley [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	$ 13,178,288
Real Estate, Acquisition, Description	Harley
Wyndham [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	$ 10,116,502
Real Estate, Acquisition, Description	Wyndham
Wiiliams Sonoma [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	$ 7,211,012
Real Estate, Acquisition, Description	Williams Sonoma
Omnicare [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	$ 7,324,370
Real Estate, Acquisition, Description	Omnicare
EMCOR [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	$ 6,138,536
Real Estate, Acquisition, Description	EMCOR
Husqvarna [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	$ 12,003,048
Real Estate, Acquisition, Description	Husqvarna
AvAir [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	$ 27,353,124
Real Estate, Acquisition, Description	AvAir
Dollar General, Litchfield [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		$ 1,398,114
Real Estate, Acquisition, Description		Dollar General, Litchfield
Dollar General, Wilton [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		$ 1,684,429
Real Estate, Acquisition, Description		Dollar General, Wilton
Dollar General, Thompsontown [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		$ 1,306,590
Real Estate, Acquisition, Description		Dollar General, Thompsontown
Dollar General, Mt. Gilead [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		$ 1,286,035
Real Estate, Acquisition, Description		Dollar General, Mt. Gilead
Dollar General, Lakeside [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		$ 1,213,729
Real Estate, Acquisition, Description		Dollar General, Lakeside
Dollar General, Castalia [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		$ 1,188,494
Real Estate, Acquisition, Description		Dollar General, Castalia
Dana [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		$ 9,452,169
Real Estate, Acquisition, Description	Dana	Dana
Land [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	$ 16,509,531	$ 5,369,238
Land [Member] | Accredo [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		1,706,641
Land [Member] | Walgreens [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		1,033,105
Land [Member] | Northrop [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	1,191,024
Land [Member] | Ex Us Services [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	785,801
Land [Member] | Harley [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	1,145,196
Land [Member] | Wyndham [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	4,144,069
Land [Member] | Wiiliams Sonoma [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	3,546,744
Land [Member] | Omnicare [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	800,772
Land [Member] | EMCOR [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	427,589
Land [Member] | Husqvarna [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	974,663
Land [Member] | AvAir [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	3,493,673
Land [Member] | Dollar General, Litchfield [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		293,912
Land [Member] | Dollar General, Wilton [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		212,035
Land [Member] | Dollar General, Thompsontown [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		217,912
Land [Member] | Dollar General, Mt. Gilead [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		283,578
Land [Member] | Dollar General, Lakeside [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		176,515
Land [Member] | Dollar General, Castalia [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		154,677
Land [Member] | Dana [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		1,290,863
Buildings and Improvements [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	83,642,026	24,243,072
Buildings and Improvements [Member] | Accredo [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		7,950,221
Buildings and Improvements [Member] | Walgreens [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		3,114,843
Buildings and Improvements [Member] | Northrop [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	11,191,967
Buildings and Improvements [Member] | Ex Us Services [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	5,134,320
Buildings and Improvements [Member] | Harley [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	12,033,092
Buildings and Improvements [Member] | Wyndham [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	5,303,201
Buildings and Improvements [Member] | Wiiliams Sonoma [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	3,478,337
Buildings and Improvements [Member] | Omnicare [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	6,242,156
Buildings and Improvements [Member] | EMCOR [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	5,533,021
Buildings and Improvements [Member] | Husqvarna [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	10,866,481
Buildings and Improvements [Member] | AvAir [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	23,859,451
Buildings and Improvements [Member] | Dollar General, Litchfield [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		987,900
Buildings and Improvements [Member] | Dollar General, Wilton [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		1,331,741
Buildings and Improvements [Member] | Dollar General, Thompsontown [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		981,948
Buildings and Improvements [Member] | Dollar General, Mt. Gilead [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		890,610
Buildings and Improvements [Member] | Dollar General, Lakeside [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		936,357
Buildings and Improvements [Member] | Dollar General, Castalia [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		947,409
Buildings and Improvements [Member] | Dana [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		7,102,043
Above Market Leases [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	616,486	166,629
Above Market Leases [Member] | Accredo [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		0
Above Market Leases [Member] | Walgreens [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		166,629
Above Market Leases [Member] | Northrop [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	0
Above Market Leases [Member] | Ex Us Services [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	616,486
Above Market Leases [Member] | Harley [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	0
Above Market Leases [Member] | Wyndham [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	0
Above Market Leases [Member] | Wiiliams Sonoma [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	0
Above Market Leases [Member] | Omnicare [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	0
Above Market Leases [Member] | EMCOR [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	0
Above Market Leases [Member] | Husqvarna [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	0
Above Market Leases [Member] | AvAir [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	0
Above Market Leases [Member] | Dollar General, Litchfield [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		0
Above Market Leases [Member] | Dollar General, Wilton [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		0
Above Market Leases [Member] | Dollar General, Thompsontown [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		0
Above Market Leases [Member] | Dollar General, Mt. Gilead [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		0
Above Market Leases [Member] | Dollar General, Lakeside [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		0
Above Market Leases [Member] | Dollar General, Castalia [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		0
Above Market Leases [Member] | Dana [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		0
Below Market Leases [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate	(1,502,161)	(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] | Northrop [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate	0
Below Market Leases [Member] | Ex Us Services [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate	0
Below Market Leases [Member] | Harley [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate	0
Below Market Leases [Member] | Wyndham [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate	0
Below Market Leases [Member] | Wiiliams Sonoma [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate	(364,555)
Below Market Leases [Member] | Omnicare [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate	0
Below Market Leases [Member] | EMCOR [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate	(285,562)
Below Market Leases [Member] | Husqvarna [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate	(852,044)
Below Market Leases [Member] | AvAir [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate	0
Below Market Leases [Member] | Dollar General, Litchfield [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		0
Below Market Leases [Member] | Dollar General, Wilton [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		0
Below Market Leases [Member] | Dollar General, Thompsontown [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		0
Below Market Leases [Member] | Dollar General, Mt. Gilead [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		0
Below Market Leases [Member] | Dollar General, Lakeside [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		0
Below Market Leases [Member] | Dollar General, Castalia [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		0
Below Market Leases [Member] | Dana [Member]
Real Estate [Line Items]
Payments to Acquire Real Estate		(151,610)
Tenant origination and absorption costs [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	4,708,043	3,632,731
Tenant origination and absorption costs [Member] | Accredo [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		1,053,638
Tenant origination and absorption costs [Member] | Walgreens [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		705,423
Tenant origination and absorption costs [Member] | Northrop [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	1,341,199
Tenant origination and absorption costs [Member] | Ex Us Services [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	388,248
Tenant origination and absorption costs [Member] | Harley [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	0
Tenant origination and absorption costs [Member] | Wyndham [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	669,232
Tenant origination and absorption costs [Member] | Wiiliams Sonoma [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	550,486
Tenant origination and absorption costs [Member] | Omnicare [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	281,442
Tenant origination and absorption costs [Member] | EMCOR [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	463,488
Tenant origination and absorption costs [Member] | Husqvarna [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	1,013,948
Tenant origination and absorption costs [Member] | AvAir [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate	$ 0
Tenant origination and absorption costs [Member] | Dollar General, Litchfield [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		116,302
Tenant origination and absorption costs [Member] | Dollar General, Wilton [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		140,653
Tenant origination and absorption costs [Member] | Dollar General, Thompsontown [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		106,730
Tenant origination and absorption costs [Member] | Dollar General, Mt. Gilead [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		111,847
Tenant origination and absorption costs [Member] | Dollar General, Lakeside [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		100,857
Tenant origination and absorption costs [Member] | Dollar General, Castalia [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		86,408
Tenant origination and absorption costs [Member] | Dana [Member]
Real Estate [Line Items]
Payments to Acquire and Develop Real Estate		$ 1,210,873

REAL ESTATE (Details 2)

REAL ESTATE (Details 2) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Real Estate Properties [Line Items]
Purchase price	$ 103,973,925	$ 33,260,060
Purchase deposits applied	(500,000)
Acquisition fees to affiliate	(3,015,057)	(505,608)
Cash paid for acquisition of real estate investments	$ 100,458,868	$ 32,754,452

REAL ESTATE (Details 3)

REAL ESTATE (Details 3)		12 Months Ended
		Dec. 31, 2017	Dec. 31, 2016
Northrop [Member]
Lease Expiration Date		May 31, 2021
Ex Us Services [Member]
Lease Expiration Date		Nov. 30, 2026
Harley [Member]
Lease Expiration Date		Apr. 12, 2032
Wiiliams Sonoma [Member]
Lease Expiration Date		Oct. 31, 2022
Omnicare [Member]
Lease Expiration Date		May 31, 2026
Wyndham [Member]
Lease Expiration Date		Feb. 28, 2028
EMCOR [Member]
Lease Expiration Date		Feb. 28, 2027
AvAir [Member]
Lease Expiration Date		Dec. 31, 2032
Husqvarna [Member]
Lease Expiration Date	[1]	Jun. 30, 2027
Accredo [Member]
Lease Expiration Date			Feb. 28, 2021
Walgreens [Member]
Lease Expiration Date			Jun. 14, 2021
Dollar General, Litchfield [Member]
Lease Expiration Date			Sep. 30, 2030
Dollar General, Wilton [Member]
Lease Expiration Date			Jul. 31, 2030
Dollar General, Thompsontown [Member]
Lease Expiration Date			Oct. 31, 2030
Dollar General, Mt. Gilead [Member]
Lease Expiration Date			Jun. 30, 2030
Dollar General, Lakeside [Member]
Lease Expiration Date			May 31, 2030
Dollar General, Castalia [Member]
Lease Expiration Date			May 31, 2030
Dana [Member]
Lease Expiration Date			Jun. 30, 2024
[1]	The tenant's right to cancel lease on June 30, 2025 was not determined to be probable for financial accounting purposes.

REAL ESTATE (Details 4)

REAL ESTATE (Details 4) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Real Estate Investments, Net	$ 149,759,638	$ 36,275,665
AvAir [Member]
Real Estate Investments, Net	$ 27,353,125
AvAir [Member] | Portfolio Asstes [Member]
Concentration Risk, Percentage	17.40%
Northrop Grumman, FL [Member]
Revenue, Net	$ 1,162,274
Northrop Grumman, FL [Member] | Portfolio Asstes [Member]
Concentration Risk, Percentage	11.00%
AvAir, AZ [Member]
Revenue, Net	$ 2,100,000
AvAir, AZ [Member] | Portfolio Asstes [Member]
Concentration Risk, Percentage	19.90%
Accredo, Orlando, FL [Member]
Effective Annual Base Rent	$ 872,550
Accredo, Orlando, FL [Member] | Sales Revenue, Net [Member]
Concentration Risk, Percentage	36.00%
Walgreens Stockbridge, GA [Member]
Effective Annual Base Rent	$ 360,000
Walgreens Stockbridge, GA [Member] | Sales Revenue, Net [Member]
Concentration Risk, Percentage	14.80%
Dana, Cedar Park, TX [Member]
Effective Annual Base Rent	$ 656,076
Dana, Cedar Park, TX [Member] | Sales Revenue, Net [Member]
Concentration Risk, Percentage	27.00%

REAL ESTATE (Details 5)

REAL ESTATE (Details 5)	Dec. 31, 2017USD ($)
2,018	$ 10,621,181
2,019	10,872,205
2,020	10,825,620
2,021	9,728,540
2,022	8,809,117
Thereafter	54,293,469
Operating Leases, Future Minimum Payments Receivable	$ 105,150,132

REAL ESTATE (Details 6)

REAL ESTATE (Details 6) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Tenant origination and absorption costs [Member]
Cost	$ 8,340,774	$ 3,632,731
Accumulated amortization	(1,192,318)	(210,404)
Net amount	7,148,456	3,422,327
Above-market lease [Member]
Cost	783,115	166,629
Accumulated amortization	(101,822)	(18,052)
Net amount	681,293	148,577
Below-market lease intangibles [Member]
Net amount	1,584,231
Cost	(1,653,771)	(151,610)
Accumulated amortization	69,542	843
Net amount	$ (1,584,229)	$ (150,767)

REAL ESTATE (Details 7)

REAL ESTATE (Details 7) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Above market lease intangibles [Member]
Real Estate [Line Items]
2,018	$ 97,045
2,019	97,045
2,020	97,045
2,021	78,994
2,022	63,719
Thereafter	247,445
Finite-Lived Intangible Assets, Net	$ 681,293	$ 148,577
Weighted-Average Remaining Amortization Period	7 years 11 months 26 days
Tenant origination and absorption costs intangibles [Member]
Real Estate [Line Items]
2,018	$ 1,214,317
2,019	1,214,317
2,020	1,214,317
2,021	798,057
2,022	507,882
Thereafter	2,199,566
Finite-Lived Intangible Assets, Net	$ 7,148,456	$ 3,422,327
Weighted-Average Remaining Amortization Period	8 years 11 months 19 days
Below-market lease intangibles [Member]
Real Estate [Line Items]
2,018	$ 147,699
2,019	147,699
2,020	147,699
2,021	147,699
2,022	128,055
Thereafter	865,380
Finite-Lived Intangible Assets, Net	$ 1,584,231
Weighted-Average Remaining Amortization Period	15 years 4 months 2 days

REAL ESTATE (Details Textual)

REAL ESTATE (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Real Estate [Line Items]
Acquisition Costs, Period Cost	$ 0	$ 73,027
Real Estate Revenue, Net	6,140,444	709,982
Capitalized Acquisition Costs		675,961
Operating Expenses	10,933,276	2,999,993
Accredo and Walgreens acquisitions [Member]
Real Estate [Line Items]
Acquisition Costs, Period Cost	3,507,580	547,148
Real Estate Revenue, Net	$ 4,413,353	748,481
Operating Expenses		$ 152,915

INVESTMENTS IN UNCONSOLIDATED41

INVESTMENTS IN UNCONSOLIDATED ENTITIES (Details) - USD ($)		Dec. 31, 2017	Dec. 31, 2016
Equity Method Investments		$ 14,524,022	$ 3,523,809
Rich Uncles Real Estate Investment Trust 1 [Member]
Equity Method Investments		3,420,475	3,523,809
RuMartin Street Santa Clara [Member]
Equity Method Investments	[1]	$ 11,103,547	$ 0
[1]	The Company's investment includes $626,073 of acquisition fees paid to affiliate (see Note 9).

INVESTMENTS IN UNCONSOLIDATED42

INVESTMENTS IN UNCONSOLIDATED ENTITIES (Details 1) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Income (Loss) from Equity Method Investments	$ 199,233	$ (79,271)
RuMartin Street Santa Clara [Member]
Income (Loss) from Equity Method Investments	30,038	0
Rich Uncles Real Estate Investment Trust 1 [Member]
Income (Loss) from Equity Method Investments	$ 169,195	$ (79,271)

INVESTMENTS IN UNCONSOLIDATED43

INVESTMENTS IN UNCONSOLIDATED ENTITIES (Details 2) - USD ($)	3 Months Ended	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
ASSETS:
Cash and cash equivalents and restricted cash	$ 4,182,755	$ 4,182,755	$ 3,677,373	$ 200,815
RuMartin Street Santa Clara [Member]
ASSETS:
Real estate investments, net	32,587,034	32,587,034
Cash and cash equivalents	615,436	615,436
Other assets	103,700	103,700
Total assets	33,306,170	33,306,170
LIABILITIES
Mortgage notes payable, net	14,235,256	14,235,256
Below-market lease, net	3,247,480	3,247,480
Other liabilities	246,085	246,085
Total liabilities	17,728,821	17,728,821
TOTAL EQUITY	15,577,349	15,577,349
TOTAL LIABILITIES AND EQUITY	33,306,170	33,306,170
TOTAL STOCKHOLDER EQUITY	15,577,349	15,577,349
TOTAL LIABILITIES, REDEEMABLE COMMON STOCK AND STOCKHOLDER'S EQUITY	33,306,170	33,306,170
TOTAL REVENUE	757,850
EXPENSES:
Interest expense	154,339
Depreciation and amortization	410,722
Other expense	151,477
Total expenses	716,538
NET INCOME	41,312
OTHER INCOME:
NET INCOME (LOSS)	41,312
Rich Uncles Real Estate Investment Trust 1 [Member]
ASSETS:
Real estate investments, net	131,166,670	131,166,670	105,462,499
Cash and cash equivalents and restricted cash	6,027,807	6,027,807	13,465,152
Other assets	2,658,777	2,658,777	2,479,919
Total assets	139,853,254	139,853,254	121,407,570
LIABILITIES
Mortgage notes payable, net	62,277,387	62,277,387	38,705,103
Below-market lease, net	3,966,008	3,966,008	4,841,757
Other liabilities	2,937,247	2,937,247	3,266,878
Total liabilities	69,180,642	69,180,642	46,813,738
TOTAL EQUITY	70,086,370	70,086,370	73,364,188
TOTAL LIABILITIES AND EQUITY	139,853,254	139,853,254	121,407,570
REDEEMABLE COMMON STOCK	586,242	586,242	1,229,644
TOTAL STOCKHOLDER EQUITY	70,086,370	70,086,370	73,364,188
TOTAL LIABILITIES, REDEEMABLE COMMON STOCK AND STOCKHOLDER'S EQUITY	$ 139,853,254	139,853,254	121,407,570
TOTAL REVENUE		12,816,460	6,414,592
EXPENSES:
Interest expense		2,503,810	768,122
Depreciation and amortization		5,654,451	3,134,979
Other expense		4,033,242	4,403,040
Total expenses		12,191,503	8,306,141
NET INCOME		1,395,047	(1,891,388)
OTHER INCOME:
Gain on sale of real estate investment property, net		747,957	0
Other income		22,133	161
Total other income		770,090	161
NET INCOME (LOSS)		$ 1,395,047	$ (1,891,388)

INVESTMENTS IN UNCONSOLIDATED44

INVESTMENTS IN UNCONSOLIDATED ENTITIES (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Sep. 28, 2017
Income (Loss) from Equity Method Investments	$ 199,233	$ (79,271)
RuMartin Street Santa Clara [Member]
Capitalized Costs, Equity Method Investments	626,073
Income (Loss) from Equity Method Investments	$ 30,038	$ 0
Rich Uncles Real Estate Investment Trust 1 [Member]
Equity Method Investment, Ownership Percentage	4.40%	4.45%	72.70%
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners			27.30%
Income (Loss) from Equity Method Investments	$ 169,195	$ (79,271)
Rich Uncles Real Estate Investment Trust 1 [Member] | Scenario, Previously Reported [Member]
Income (Loss) from Equity Method Investments	$ 109,309	$ 79,271
Rich Uncles Real Estate Investment Trust 1 [Member] | Hagg Lane II, LLC [Member]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners			23.40%
Rich Uncles Real Estate Investment Trust 1 [Member] | Hagg Lane III, LLC [Member]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners			3.90%

DEBT (Details)

DEBT (Details) - USD ($)		12 Months Ended
		Dec. 31, 2017	Dec. 31, 2016
Short Term Debt [LineItems]
Principal Amount		$ 62,228,409	$ 7,266,145
Deferred Loan Costs, net		(1,741,106)	(152,444)
Net Balance		60,487,303	7,113,701
Mortgage Note Payable One [Member]
Short Term Debt [LineItems]
Principal Amount		7,133,966	7,266,145
Deferred Loan Costs, net		(124,763)	(152,444)
Net Balance		$ 7,009,203	7,113,701
Contractual Interest Rate	[1]	3.95%
Loan Maturity		Jul. 1, 2021
Effective Interest Rate	[1]	3.95%
Mortgage Note Payable Two [Member]
Short Term Debt [LineItems]
Principal Amount		$ 4,709,889	0
Deferred Loan Costs, net		(125,132)	0
Net Balance		$ 4,584,757	0
Contractual Interest Rate	[1]	4.56%
Loan Maturity		Apr. 1, 2023
Effective Interest Rate	[1]	4.56%
Mortgage Note Payable Three [Member]
Short Term Debt [LineItems]
Principal Amount		$ 3,951,846	0
Deferred Loan Costs, net		(153,290)	0
Net Balance		$ 3,798,556	0
Contractual Interest Rate	[1]	4.69%
Loan Maturity		Apr. 1, 2022
Effective Interest Rate	[1]	4.69%
Mortgage Note Payable Four [Member]
Short Term Debt [LineItems]
Principal Amount	[2]	$ 5,920,800	0
Deferred Loan Costs, net	[2]	(109,936)	0
Net Balance	[2]	$ 5,810,864	0
Loan Maturity		Jun. 5, 2027
Debt Instrument, Description of Variable Rate Basis	[1],[2]	One-month LIBOR+2.05%
Effective Interest Rate	[1],[2]	4.34%
Mortgage Note Payable Five [Member]
Short Term Debt [LineItems]
Principal Amount	[2]	$ 4,699,200	0
Deferred Loan Costs, net	[2]	(85,227)	0
Net Balance	[2]	$ 4,613,973	0
Loan Maturity		Jun. 5, 2022
Debt Instrument, Description of Variable Rate Basis	[1],[2]	One-month LIBOR+2.05%
Effective Interest Rate	[1],[2]	4.05%
Mortgage Note Payable Six [Member]
Short Term Debt [LineItems]
Principal Amount		$ 4,423,574	0
Deferred Loan Costs, net		(169,372)	0
Net Balance		$ 4,254,202	0
Contractual Interest Rate	[1]	4.36%
Loan Maturity		May 1, 2026
Effective Interest Rate	[1]	4.36%
Mortgage Note Payable Seven [Member]
Short Term Debt [LineItems]
Principal Amount		$ 6,983,418	0
Deferred Loan Costs, net		(200,811)	0
Net Balance		$ 6,782,607	0
Contractual Interest Rate	[1]	4.25%
Loan Maturity		Sep. 1, 2024
Effective Interest Rate	[1]	4.25%
Mortgage Note Payable Eight [Member]
Short Term Debt [LineItems]
Principal Amount		$ 5,945,655	0
Deferred Loan Costs, net		(217,584)	0
Net Balance		$ 5,728,071	0
Contractual Interest Rate	[1]	4.40%
Loan Maturity		Mar. 2, 2021
Effective Interest Rate	[1]	4.40%
Mortgage Note Payable Nine [Member]
Short Term Debt [LineItems]
Principal Amount		$ 2,955,000	0
Deferred Loan Costs, net		(83,743)	0
Net Balance		$ 2,871,257	0
Contractual Interest Rate	[1]	4.35%
Loan Maturity		Dec. 1, 2024
Effective Interest Rate	[1]	4.35%
Mortgage Note Payable Ten [Member]
Short Term Debt [LineItems]
Principal Amount		$ 3,505,061	0
Deferred Loan Costs, net		(140,382)	0
Net Balance		$ 3,364,679	0
Loan Maturity		Nov. 17, 2024
Debt Instrument, Description of Variable Rate Basis	[1]	Initial 4.25%;3.25% + T-Bill index starting 11/18/2022
Effective Interest Rate	[1]	4.25%
Mortgage Note Payable Eleven [Member]
Short Term Debt [LineItems]
Principal Amount		$ 12,000,000	0
Deferred Loan Costs, net		(330,866)	0
Net Balance		$ 11,669,134	$ 0
Contractual Interest Rate	[1]	8.25%
Loan Maturity		Jan. 1, 2019
Effective Interest Rate	[1]	8.25%
[1]	Contractual interest rate represents the interest rate in effect under the mortgage note payable as of December 31, 2017. Effective interest rate is calculated as the actual interest rate in effect as of December 31, 2017 (consisting of the contractual interest rate and the effect of the interest rate swap, if applicable). For further information regarding the Company’s derivative instruments, see Note 6.
[2]	The loans on each of the Williams Sonoma and Wyndham properties (collectively, the “Property”) located in Summerlin, Nevada were originated by Nevada State Bank (“Bank”). The loans are collateralized by a deed of trust and a security agreement with assignment of rents and fixture filing. In addition, the individual loans are subject to a cross collateralization and cross default agreement whereby any default under, or failure to comply with the terms of any one or both of the loans is an event of default under the terms of both loans. The value of the Property must be in an amount sufficient to maintain a loan to value ratio of no more than 60%. If the loan to value ratio is ever more than 60%, the borrower shall, upon the Bank’s written demand, reduce the principal balance of the loans so that the loan to value ratio is no more than 60%.

DEBT (Details 1)

DEBT (Details 1) - USD ($)		Dec. 31, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
2,018		$ 12,893,957
2,019		12,936,994
2,020		974,540
2,021		7,571,163
2,022		13,923,743
Thereafter		25,928,012
Total principal		74,228,409
Deferred financing costs, net		(1,741,106)	$ (152,444)
Total		72,487,303
Mortgage Notes Payable [Member]
Debt Instrument [Line Items]
2,018		893,957
2,019		12,936,994
2,020		974,540
2,021		7,571,163
2,022		13,923,743
Thereafter		25,928,012
Total principal		62,228,409
Deferred financing costs, net		(1,741,106)
Total		60,487,303
Unsecured Credit Facility [Member]
Debt Instrument [Line Items]
2,018	[1]	12,000,000
2,019		0
2,020		0
2,021		0
2,022		0
Thereafter		0
Total principal		12,000,000
Deferred financing costs, net		0
Total		$ 12,000,000
[1]	The principal balance of the Unsecured Credit Facility was repaid on February 1, 2018.

DEBT (Details 2)

DEBT (Details 2) - USD ($)		12 Months Ended
		Dec. 31, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Interest expense		$ 1,637,984	$ 395,110
Unrealized gain on interest rate swaps (see Note 7)		7,899
Secured Debt [Member]
Debt Instrument [Line Items]
Interest expense	[1]	1,197,582	154,625
Amortization of deferred financing costs		168,546	18,222
Unrealized gain on interest rate swaps (see Note 7)		(7,899)	0
Unsecured Debt [Member]
Debt Instrument [Line Items]
Interest expense		248,637	219,874
Amortization of deferred financing costs		1,118	1,429
Forfeited loan fee		$ 30,000	$ 960
[1]	Includes $45,728 and $0 for years ended December 31, 2017 and 2016, respectively, of monthly payments to settle the Company’s interest rate swaps. Accrued interest payable of $6,231 at December 31, 2017 represents the unsettled portion of the interest rate swaps for the period from origination of the interest rate swap through December 31, 2017. The Company had no swap agreements as of December 31, 2016

DEBT (Details Textual)

DEBT (Details Textual) - USD ($)		Feb. 02, 2018	Oct. 04, 2017	Jun. 07, 2016	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Interest Expense					$ 1,637,984	$ 395,110
Interest Payable					$ 186,841	26,339
Loans To Assets Ratio					60.00%
Stockholders' Equity Attributable to Parent					$ 79,249,866	22,231,106	$ 193,815
Interest Rate Swap [Member]
Debt Instrument [Line Items]
Interest Expense					45,728	0
Rich Uncles Nnn Reit Inc [Member]
Debt Instrument [Line Items]
Stockholders' Equity Attributable to Parent					60,000,000
Chief Executive Officer [Member]
Debt Instrument [Line Items]
Guarantee Undertaken	[1]				9,000,000
Unsecured Debt [Member]
Debt Instrument [Line Items]
Interest Expense					$ 248,637	$ 219,874
Pacific Mercantile Bank [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity				$ 12,000,000
Pacific Mercantile Bank [Member] | Unsecured Debt [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity				$ 12,000,000
Credit Facility, Guarantee Executed, Description					The Unsecured Credit Agreement is guaranteed in the amount of $12,000,000 by the Company, Rich Uncles NNN LP, LLC, Harold Hofer and Ray Wirta and trusts affiliated with the aforementioned individuals.
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, that is the highest rate on corporate loans posted by at least 75% of the thirty (30) largest banks in the United States, known as The Wall Street Journal Prime Rate, as published in the Wall Street Journal.
Line of Credit Facility, Interest Rate at Period End					5.14%
Line of Credit Facility, Expiration Date			Jan. 26, 2018		Jun. 15, 2017
New Credit Facility [Member] | Unsecured Debt [Member] | Subsequent Event [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		$ 9,000,000
Line of Credit Facility, Interest Rate Description		unsecured credit facility with an interest rate equal to 1% over the Wall Street Journal Prime Rate index.
Credit Facility, Guarantee Executed, Description		The New Credit Facility is secured by guarantees executed by Raymond Wirta, Chairman of the Board of the Company, a trust belonging to Mr. Wirta, Harold Hofer, President and Chief Executive Officer of the Company, and a trust belonging to Mr. Hofer, each in the amount of $9 million. Such guaranties become effective upon certain triggering events, including an event of default under the New Credit Facility and the failure by Borrowers to pay one or more subsequent advances within 90 days of disbursements.
[1]	Includes $45,728 and $0 for years ended December 31, 2017 and 2016, respectively, of monthly payments to settle the Company’s interest rate swaps. Accrued interest payable of $6,231 at December 31, 2017 represents the unsettled portion of the interest rate swaps for the period from origination of the interest rate swap through December 31, 2017. The Company had no swap agreements as of December 31, 2016

INTEREST RATE SWAP DERIVATIVE49

INTEREST RATE SWAP DERIVATIVES (Details)		6 Months Ended	12 Months Ended
		Jun. 30, 2016	Dec. 31, 2017USD ($)
Derivatives, Fair Value [Line Items]
Derivative, Average Fixed Interest Rate			4.21%
Interest Rate Swap [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability, Number of Instruments Held			2
Derivative Variable Interest Rate Description		One-month LIBOR + applicable spread/Fixed at 4.05%-4.34%
Derivative, Remaining Maturity			7 years 2 months 16 days
Interest Rate Swap [Member] | Maximum [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability, Notional Amount	[1]		$ 10,620,000
[1]	The notional amount of the Company’s swaps decreases each month to correspond to the outstanding principal balance on the related mortgage. The minimum notional amount (outstanding principal balance at the maturity date) as of December 31, 2017 was $9,083,700.

INTEREST RATE SWAP DERIVATIVE50

INTEREST RATE SWAP DERIVATIVES (Details 1) - Interest Rate Swap [Member]	12 Months Ended
	Dec. 31, 2017USD ($)
Derivatives, Fair Value [Line Items]
Derivative Liability, Number of Instruments Held	2
Derivative Liability	$ 7,899
Description of Location of Interest Rate Fair Value Hedge Derivative on Balance Sheet	Asset – Interest rate swap derivatives, at fair value

INTEREST RATE SWAP DERIVATIVE51

INTEREST RATE SWAP DERIVATIVES (Details Textual)	12 Months Ended
	Dec. 31, 2017USD ($)
Derivatives, Fair Value [Line Items]
Unrealized Gain (Loss) on Derivatives	$ 7,899
Interest Rate Swap [Member] | Minimum [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability, Notional Amount	$ 9,083,700

FAIR VALUE DISCLOSURES (Details

FAIR VALUE DISCLOSURES (Details) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Fair Value, Concentration of Risk, Financial Statement Captions [Line Items]
Face value	$ 62,228,409	$ 7,266,145
Carrying value	72,487,303
Mortgage note payable [Member]
Fair Value, Concentration of Risk, Financial Statement Captions [Line Items]
Face value	62,228,408	7,266,145
Carrying value	60,487,303	7,113,701
Fair value	$ 62,363,284	$ 7,226,145

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - USD ($)		12 Months Ended
		Dec. 31, 2017		Dec. 31, 2016
Related Party Transaction [Line Items]
Due from Related Parties		$ 34,194		$ 108,433
Due to Affiliates		907,377		383,422
Incurred To Related Parties		(143,540)		(27,501)
Acquisition Fee [Member]
Related Party Transaction [Line Items]
Expenses incurred To Related Parties		0		474,121
Due from Related Parties		0		0
Due to Affiliates		0		0
Asset Management Fees [Member]
Related Party Transaction [Line Items]
Expenses incurred To Related Parties	[1]	872,281		116,952
Due from Related Parties	[1]	0		0
Due to Affiliates	[1]	567,661		29,577
Fees to affiliates [Member]
Related Party Transaction [Line Items]
Expenses incurred To Related Parties		1,188,083		591,073
Due from Related Parties		0		0
Due to Affiliates		0		0
Reimbursable organizational and offering expenses [Member]
Related Party Transaction [Line Items]
Expenses incurred To Related Parties	[2]	1,986,147		731,315
Due from Related Parties	[2]	0		0
Due to Affiliates	[2]	15,945		79,645
Expense reimbursements from Sponsor [Member]
Related Party Transaction [Line Items]
Expenses incurred To Related Parties	[3]	(2,324,598)
Due from Related Parties	[3]	34,194		79,862
Due to Affiliates	[3]	0		0
Incurred To Related Parties	[3]			(951,601)
Waiver of Assets Management Fees [Member]
Related Party Transaction [Line Items]
Expenses incurred To Related Parties		(143,540)	[1]	27,501
Due from Related Parties	[1]	0		0
Due to Affiliates	[1]	0		0
Incurred To Related Parties	[1]			(27,501)
Capitalized Acquisition Fees [Member]
Related Party Transaction [Line Items]
Expenses incurred To Related Parties		3,661,684	[4]	505,608
Due from Related Parties		0		0
Due to Affiliates		0		274,200
Subordinated participation fees [Member]
Related Party Transaction [Line Items]
Expenses incurred To Related Parties		315,802		0
Due from Related Parties		0		0
Due to Affiliates		315,802		0
Property management fees [Member]
Related Party Transaction [Line Items]
Expenses incurred To Related Parties	[5]	20,251		0
Due from Related Parties	[5]	0		0
Due to Affiliates	[5]	7,969		0
Capitalized Financing coordination fees [Member]
Related Party Transaction [Line Items]
Expenses incurred To Related Parties		326,600		0
Due from Related Parties		0		0
Due to Affiliates		0		0
Costs advanced by Rich Uncles REIT I [Member]
Related Party Transaction [Line Items]
Expenses incurred To Related Parties		48,418	[6]	28,571
Due from Related Parties		0		28,571	[7]
Due to Affiliates		0		0
Contribution payable to TIC [Member]
Related Party Transaction [Line Items]
Expenses incurred To Related Parties	[8]	363,168		0
Due from Related Parties	[8]	0		0
Due to Affiliates	[8]	$ 0		$ 0
[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 years ended December 31, 2017 and 2016, the Advisor waived $143,540 and $27,501, respectively, of asset management fees, which are not subject to future recoupment by the Advisor.
[2]	As of December 31, 2017, the Sponsor had incurred $6,924,999 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 expenses to the extent of 3% of gross offering proceeds.
[3]	The Company records payroll costs related to Company employees that answer questions from prospective stockholders. The Sponsor has agreed to reimburse the Company for these investor relations payroll costs which the Sponsor considers to be offering expenses in accordance with the Advisory Agreement. The receivable related to this is reflected in “Due from affiliates” in the Consolidated Balance Sheets.
[4]	Includes $626,073 relating to the Santa Clara property. See Related Party Transactions with Unconsolidated Entities.
[5]	Property management fees are classified within property operating expenses on the accompanying statements of operations.
[6]	The Company incurred $48,418 for year ended December 31, 2017 of interest on its unsecured credit facility. This amount was the result of a bank error. The monthly interest payment that was due on the unsecured credit facility was withdrawn from REIT I’s bank account rather than from the Company’s bank account. These amounts were repaid during the year ended December 31, 2017.
[7]	The Company incurred $28,571 of costs in conjunction with due diligence for a property acquisition which were owed to the Company from Rich Uncles REIT I.
[8]	After closing the acquisition of the Santa Clara property, the Company received $363,168 from the title company. These proceeds represent cash received by the title company in excess of the amounts needed to acquire the property. At December 31, 2017, these proceeds were paid in full to the TIC which owns the property.

RELATED PARTY TRANSACTIONS (D54

RELATED PARTY TRANSACTIONS (Details Textual) - USD ($)		12 Months Ended
		Dec. 31, 2017		Dec. 31, 2016
Related Party Transaction [Line Items]
Due to Related Parties		$ 907,377		$ 383,422
Property Management Fees Percentage		1.50%
Related Party Transaction, Other Revenues from Transactions with Related Party		$ 143,540		27,501
Operating Expenses Reimbursement, Maximum Limit Reimbursements		Under the charter, 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).
Subordinated Participation Fee Description		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  40% of the product of: (a) the amount by which aggregate cash distributions to stockholders during the annual period, excluding return of cpaitla 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.
Share-based Compensation		$ 163,000		98,000
Advisor [Member]
Related Party Transaction [Line Items]
Acquisition Fees Description		The Company shall pay the Advisor a fee in an amount equal to 3.0% of the Companys contract purchase price of its properties, as defined, as acquisition fees. The total of all acquisition fees and acquisition expenses shall be reasonable and shall not exceed 6.0% of the contract price of the property.
Financing Coordination Fees Percentage		1.00%
Disposition Fees Description		the Company shall pay to its Advisor or one of its affiliates 3.0% of the contract sales price, as defined, of each property sold; provided, however, that if, in connection with such disposition, commissions are paid to third parties unaffiliated with the Companys Advisor or its affiliates, the disposition fees paid to its Advisor, its Sponsor, their affiliates and unaffiliated third parties may not exceed the lesser of the competitive real estate commission or 6% of the contract sales price.
Leasing Commission Fees Description		the Company shall pay to the Advisor or such affiliate 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.
Santa Clara [Member]
Related Party Transaction [Line Items]
Capitalized Costs, Equity Method Investments		$ 626,073
Asset Management Fees		49,035
Reimbursable Organizational and Offering Expenses [Member]
Related Party Transaction [Line Items]
Due to Related Parties	[1]	15,945		79,645
Accrual organization and offering cost		2,707,517
Related Party Transaction, Expenses from Transactions with Related Party	[1]	$ 1,986,147		731,315
Reimbursable Organizational and Offering Expenses [Member] | Sponsor [Member]
Related Party Transaction [Line Items]
Gross Offering Proceeds Percentage		0.00%
Waiver Of Assets Management Fees [Member]
Related Party Transaction [Line Items]
Due to Related Parties	[2]	$ 0		0
Asset Management Fees Waive Percentage		0.025%
Monthly Asset Management Fees Waive Percentage		0.025%
Related Party Transaction, Other Revenues from Transactions with Related Party	[2]			27,501
Related Party Transaction, Expenses from Transactions with Related Party		$ (143,540)	[2]	27,501
Rich Uncles REIT I [Member]
Related Party Transaction [Line Items]
Accrual organization and offering cost, Related Party		6,924,999
Related Party Transaction, Expenses from Transactions with Related Party		28,571
Asset Management Fees [Member]
Related Party Transaction [Line Items]
Due to Related Parties	[2]	567,661		29,577
Related Party Transaction, Expenses from Transactions with Related Party	[2]	872,281		$ 116,952
Due to Rich Uncles REIT I [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Expenses from Transactions with Related Party		48,418
Payable to TIC [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Expenses from Transactions with Related Party		$ 363,168
[1]	As of December 31, 2017, the Sponsor had incurred $6,924,999 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 expenses to the extent of 3% of gross offering proceeds.
[2]	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 years ended December 31, 2017 and 2016, the Advisor waived $143,540 and $27,501, respectively, of asset management fees, which are not subject to future recoupment by the Advisor.

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
COMMITMENTS AND CONTINGENCIES [Line Items]
Restricted Cash and Cash Equivalents	$ 944,582	$ 245,604
Percentage of Share in Property Owned	72.70%
Lease Agreements [Member]
COMMITMENTS AND CONTINGENCIES [Line Items]
Other Commitment	$ 1,899,485
Restricted Cash and Cash Equivalents	$ 944,582

SUBSEQUENT EVENTS (Details Text

SUBSEQUENT EVENTS (Details Textual)

Feb. 02, 2018USD ($)$ / shares

Feb. 02, 2018USD ($)$ / shares

Jan. 10, 2018USD ($)$ / shares

Mar. 31, 2018USD ($)a

Mar. 29, 2018USD ($)

Mar. 27, 2018USD ($)shares

Mar. 26, 2018USD ($)

Feb. 26, 2018USD ($)

Feb. 20, 2018USD ($)

Dec. 31, 2017USD ($)shares

Dec. 31, 2016USD ($)shares

Feb. 28, 2018$ / shares

Subsequent Event [Line Items]

Stock Issued During Period, Value, New Issues

$ 66,204,898

$ 24,377,178

Payments to Acquire Real Estate

100,458,868

32,754,452

Acquisition Costs, Period Cost

$ 0

$ 73,027

Mortgages [Member]

Subsequent Event [Line Items]

Debt Instrument, Interest Rate, Stated Percentage

0.00%

Common Class C [Member]

Subsequent Event [Line Items]

Stock Issued During Period, Shares, New Issues | shares

6,617,457

2,437,718

Stock Issued During Period, Value, New Issues

$ 6,617

$ 2,438

Subsequent Event [Member]

Subsequent Event [Line Items]

Stock Issued During Period, Shares, New Issues | shares

10,447,073

Stock Issued During Period, Value, Dividend Reinvestment Plan

$ 0

$ 438,869

$ 420,990

Dividends Payable, Amount Per Share Per Day | $ / shares

$ 0.0018911

$ 0.0018911

$ 0.0018817

$ 0.0020938

Dividends Payable

$ 0

$ 0

$ 502,885

$ 559,574

$ 531,300

Dividends Payable, Date to be Paid

Feb. 1, 2018

Jan. 10, 2018

Subsequent Event [Member] | Real Estate,Cummins [Member]

Subsequent Event [Line Items]

Payments to Acquire Real Estate

$ 15,500,000

Subsequent Event [Member] | Real Estate,3M [Member]

Subsequent Event [Line Items]

Area of Real Estate Property | a

410,400

Payments to Acquire Real Estate

$ 15,200,000

Acquisition Costs, Period Cost

$ 531,000

Subsequent Event [Member] | Mortgages [Member]

Subsequent Event [Line Items]

Dividends Payable, Date to be Paid

Mar. 29, 2018

Mar. 27, 2018

Feb. 20, 2018

Debt Instrument, Interest Rate, Stated Percentage

4.84%

4.60%

Proceeds from Issuance of First Mortgage Bond

$ 6,380,000

Subsequent Event [Member] | Mortgages One [Member]

Subsequent Event [Line Items]

Debt Instrument, Interest Rate, Stated Percentage

0.00%

Proceeds from Issuance of First Mortgage Bond

$ 14,575,000

Subsequent Event [Member] | Mortgages Two [Member]

Subsequent Event [Line Items]

Debt Instrument, Interest Rate, Stated Percentage

2.25%

Derivative, Fixed Interest Rate

0.00%

Subsequent Event [Member] | Mortgages Three [Member]

Subsequent Event [Line Items]

Debt Instrument, Interest Rate, Stated Percentage

2.25%

Proceeds from Issuance of First Mortgage Bond

$ 83,600,000

$ 8,360,000

Derivative, Fixed Interest Rate

0.00%

Subsequent Event [Member] | Common Class C [Member]

Subsequent Event [Line Items]

Stock Issued During Period, Shares, New Issues | shares

444,514

Stock Issued During Period, Value, New Issues

$ 104,518,468

Stock Issued During Period, Value, Dividend Reinvestment Plan

$ 4,451,411

Subsequent Event [Member] | Class S Common stock [Member]

Subsequent Event [Line Items]

Stock Issued During Period, Shares, New Issues | shares

3,065

Stock Issued During Period, Value, New Issues

$ 30,654

Stock Issued During Period, Shares, Dividend Reinvestment Plan | shares

65

Stock Issued During Period, Value, Dividend Reinvestment Plan

$ 654

Schedule III-Real Estate Assets

Schedule III-Real Estate Assets and Accumulated Depreciation and Amortization (Details) - USD ($)		12 Months Ended
		Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Real Estate, Acquisition, Description		exp US Services
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances		$ 62,228,409
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land		21,878,769
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	[1]	116,246,426
Real Estate and Accumulated Depreciation, Initial Cost of Land, Buildings and Improvements		138,125,195
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements		685,160
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land		21,878,769
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	[1]	116,931,586
SEC Schedule III, Real Estate, Gross		138,810,355	$ 33,245,041	$ 0
SEC Schedule III, Real Estate Accumulated Depreciation		$ (3,574,739)
Accredo [Member]
Real Estate, Acquisition, Description		Accredo	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		$ 4,932,287
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]	9,003,861
Real Estate and Accumulated Depreciation, Initial Cost of Land, Buildings and Improvements		10,710,502
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements		198,986
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]	9,202,847
SEC Schedule III, Real Estate, Gross		10,909,488
SEC Schedule III, Real Estate Accumulated Depreciation		$ (763,575)
Walgreens [Member]
Real Estate, Acquisition, Description		Walgreens	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		$ 2,201,679
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		4,853,371
SEC Schedule III, Real Estate Accumulated Depreciation		$ (505,603)
Dana [Member]
Real Estate, Acquisition, Description		Dana	Dana
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		$ 4,709,889
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]	8,312,917
Real Estate and Accumulated Depreciation, Initial Cost of Land, Buildings and Improvements		9,603,780
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]	8,312,917
SEC Schedule III, Real Estate, Gross		9,603,780
SEC Schedule III, Real Estate Accumulated Depreciation		$ (511,017)
Northrop Grumman [Member]
Real Estate, Acquisition, Description		Northrop Grumman
Real Estate, Acquisition, Property Location		Melbourne, FL
Real Estate, Acquisition, Ownership Percentage		100.00%
Real Estate And Accumulated Depreciation Year Of Construction 1		1,986
SEC Schedule III, Real Estate and Accumulated Depreciation, Date Acquired		Mar. 7, 2017
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances		$ 5,945,655
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land		1,191,024
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	[1]	12,533,166
Real Estate and Accumulated Depreciation, Initial Cost of Land, Buildings and Improvements		13,724,190
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		1,191,024
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	[1]	12,533,166
SEC Schedule III, Real Estate, Gross		13,724,190
SEC Schedule III, Real Estate Accumulated Depreciation		$ (619,898)
exp US Services [Member]
Real Estate, Acquisition, Description		exp US Services
Real Estate, Acquisition, Property Location		Maitland, FL
Real Estate, Acquisition, Ownership Percentage		100.00%
Real Estate And Accumulated Depreciation Year Of Construction 1		1,985
SEC Schedule III, Real Estate and Accumulated Depreciation, Date Acquired		Mar. 27, 2017
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances		$ 3,505,061
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land		785,801
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	[1]	5,522,567
Real Estate and Accumulated Depreciation, Initial Cost of Land, Buildings and Improvements		6,308,368
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		785,801
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	[1]	5,522,567
SEC Schedule III, Real Estate, Gross		6,308,368
SEC Schedule III, Real Estate Accumulated Depreciation		$ (171,902)
Dollar General One [Member]
Real Estate, Acquisition, Description		Dollar General
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		$ 656,846
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		1,398,114
SEC Schedule III, Real Estate Accumulated Depreciation		$ (45,274)
Dollar General Two [Member]
Real Estate, Acquisition, Description		Dollar General
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		$ 662,231
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		1,684,428
SEC Schedule III, Real Estate Accumulated Depreciation		$ (57,941)
Dollar General Three [Member]
Real Estate, Acquisition, Description		Dollar General
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		$ 662,231
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		1,306,590
SEC Schedule III, Real Estate Accumulated Depreciation		$ (43,500)
Dollar General Four [Member]
Real Estate, Acquisition, Description		Dollar General
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		$ 656,846
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		1,286,034
SEC Schedule III, Real Estate Accumulated Depreciation		$ (41,707)
Dollar General Five [Member]
Real Estate, Acquisition, Description		Dollar General
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		$ 656,846
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		1,213,729
SEC Schedule III, Real Estate Accumulated Depreciation		$ (42,804)
Dollar General Six [Member]
Real Estate, Acquisition, Description		Dollar General
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		$ 656,846
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		1,188,494
SEC Schedule III, Real Estate Accumulated Depreciation		$ (41,589)
Harley [Member]
Real Estate, Acquisition, Description		Harley
Real Estate, Acquisition, Property Location		Bedford, TX
Real Estate, Acquisition, Ownership Percentage		100.00%
Real Estate And Accumulated Depreciation Year Of Construction 1		2,016
SEC Schedule III, Real Estate and Accumulated Depreciation, Date Acquired		Apr. 13, 2017
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances		$ 6,983,418
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land		1,145,196
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	[1]	12,033,092
Real Estate and Accumulated Depreciation, Initial Cost of Land, Buildings and Improvements		13,178,288
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		1,145,196
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	[1]	12,033,092
SEC Schedule III, Real Estate, Gross		13,178,288
SEC Schedule III, Real Estate Accumulated Depreciation		$ (217,815)
Wyndham [Member]
Real Estate, Acquisition, Description		Wyndham
Real Estate, Acquisition, Property Location		Summerlin, NV
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. 22, 2017
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances		$ 5,920,800
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land		4,144,069
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	[1]	5,972,433
Real Estate and Accumulated Depreciation, Initial Cost of Land, Buildings and Improvements		10,116,502
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		4,144,069
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	[1]	5,972,433
SEC Schedule III, Real Estate, Gross		10,116,502
SEC Schedule III, Real Estate Accumulated Depreciation		$ (157,378)
Williams-Sonoma [Member]
Real Estate, Acquisition, Description		Williams-Sonoma
Real Estate, Acquisition, Property Location		Summerlin, NV
Real Estate, Acquisition, Ownership Percentage		100.00%
Real Estate And Accumulated Depreciation Year Of Construction 1		1,996
SEC Schedule III, Real Estate and Accumulated Depreciation, Date Acquired		Jun. 22, 2017
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances		$ 4,699,200
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land		3,546,744
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	[1]	4,049,377
Real Estate and Accumulated Depreciation, Initial Cost of Land, Buildings and Improvements		7,596,121
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements		486,174
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land		3,546,744
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	[1]	4,535,551
SEC Schedule III, Real Estate, Gross		8,082,295
SEC Schedule III, Real Estate Accumulated Depreciation		$ (140,531)
Omnicare [Member]
Real Estate, Acquisition, Description		Omnicare
Real Estate, Acquisition, Property Location		Richmond, VA
Real Estate, Acquisition, Ownership Percentage		100.00%
Real Estate And Accumulated Depreciation Year Of Construction 1		2,004
SEC Schedule III, Real Estate and Accumulated Depreciation, Date Acquired		Jul. 20, 2017
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances		$ 4,423,574
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land		800,772
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	[1]	6,523,599
Real Estate and Accumulated Depreciation, Initial Cost of Land, Buildings and Improvements		7,324,371
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		800,772
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	[1]	6,523,599
SEC Schedule III, Real Estate, Gross		7,324,371
SEC Schedule III, Real Estate Accumulated Depreciation		$ (105,392)
EMCOR [Member]
Real Estate, Acquisition, Description		EMCOR
Real Estate, Acquisition, Property Location		Cincinnati, OH
Real Estate, Acquisition, Ownership Percentage		100.00%
Real Estate And Accumulated Depreciation Year Of Construction 1		2,010
SEC Schedule III, Real Estate and Accumulated Depreciation, Date Acquired		Aug. 29, 2017
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances		$ 2,955,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land		427,589
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	[1]	5,996,509
Real Estate and Accumulated Depreciation, Initial Cost of Land, Buildings and Improvements		6,424,098
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		427,589
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	[1]	5,996,509
SEC Schedule III, Real Estate, Gross		6,424,098
SEC Schedule III, Real Estate Accumulated Depreciation		$ (66,141)
Husqvarna [Member]
Real Estate, Acquisition, Description		Husqvarna
Real Estate, Acquisition, Property Location		Charlotte, NC
Real Estate, Acquisition, Ownership Percentage		100.00%
Real Estate And Accumulated Depreciation Year Of Construction 1		2,010
SEC Schedule III, Real Estate and Accumulated Depreciation, Date Acquired		Nov. 30, 2017
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances		$ 0
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land		974,663
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	[1]	11,880,429
Real Estate and Accumulated Depreciation, Initial Cost of Land, Buildings and Improvements		12,855,092
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		974,663
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	[1]	11,880,429
SEC Schedule III, Real Estate, Gross		12,855,092
SEC Schedule III, Real Estate Accumulated Depreciation		$ (42,672)
AvAir [Member]
Real Estate, Acquisition, Description		AvAir
Real Estate, Acquisition, Property Location		Chandler, AZ
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		Dec. 28, 2017
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances		$ 12,000,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land		3,493,673
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	[1]	23,859,450
Real Estate and Accumulated Depreciation, Initial Cost of Land, Buildings and Improvements		27,353,123
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		3,493,673
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	[1]	23,859,450
SEC Schedule III, Real Estate, Gross		27,353,123
SEC Schedule III, Real Estate Accumulated Depreciation		$ 0
[1]	Building and improvements include tenant origination and absorption costs

Schedule III-Real Estate Asse58

Schedule III-Real Estate Assets and Accumulated Depreciation and Amortization (Details 1) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Real estate investments:
Balance at beginning of year	$ 33,245,041	$ 0
Acquisitions	104,880,154	33,245,041
Improvements to real estate	685,160	0
Balance at end of year	138,810,355	33,245,041
Accumulated depreciation and amortization:
Balance at beginning of year	(493,185)	0
Depreciation and amortization	(3,081,554)	(493,185)
Balance at end of year	$ (3,574,739)	$ (493,185)

Schedule III-Real Estate Asse59

Schedule III-Real Estate Assets and Accumulated Depreciation and Amortization (Details Textual)	12 Months Ended
	Dec. 31, 2017USD ($)
SEC Schedule III, Real Estate, Federal Income Tax Basis	$ 137,900,000
Maximum [Member]
Property, Plant and Equipment, Useful Life	48 years
Minimum [Member]
Property, Plant and Equipment, Useful Life	30 years
Building [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life	48 years
Building [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life	30 years
Building Improvements [Member]
Property, Plant and Equipment, Useful Life	15 years
Tanent Improvement [Member]
Property, Plant and Equipment, Useful Life	15 years