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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesAuthorized_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock authorized for issuance (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesAuthorized_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Common stock, authorized (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_FinanceLeaseRightOfUseAssetTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Finance Lease, Right-of-Use Asset</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_FinanceLeaseRightOfUseAssetTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Right-of-Use Asset [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_FinanceLeaseRightOfUseAssetTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of finance lease, right-of-use asset</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_PropertyManagementAgreementTermOfAgreement_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Property Management Agreement, Term of Agreement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_PropertyManagementAgreementTermOfAgreement_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Property Management Agreement, Term of Agreement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_PropertyManagementAgreementTermOfAgreement_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Term of property management agreement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Asset, Expected Amortization, Year Four</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2030</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonClassTClassSClassDAndClassISharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents the information pertaining to Common Class T, Class S, Class D and Class I shares.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonClassTClassSClassDAndClassISharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Class T, Class S, Class D and Class I Shares [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonClassTClassSClassDAndClassISharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common Class T, Class S, Class D and Class I shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Fiscal Period Focus</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Liability, to be Paid</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDue_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total lease payments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Interest Rate, Stated Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest Rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityShellCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Shell Company</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash and Cash Equivalents, at Carrying Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash and cash equivalents</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Cash and Cash Equivalent, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Maturities of Long-Term Debt [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of future principal payments due under the Company's mortgage notes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsidiarySaleOfStockLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsidiary, Sale of Stock [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsidiarySaleOfStockLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Schedule of outstanding shares of common stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Shares, Issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock, issued (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Common stock, issued (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_EQTEBrokerageLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents the information pertaining to EQTE brokerage LLC.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_EQTEBrokerageLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">EQTE Brokerage LLC [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_EQTEBrokerageLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">EQTE Brokerage LLC</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueDisclosureOfAssetAndLiabilityNotMeasuredAtFairValueTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Disclosure of Asset and Liability Not Measured at Fair Value [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueDisclosureOfAssetAndLiabilityNotMeasuredAtFairValueTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of the carrying value and fair value of financial instruments that are not carried at fair value on the consolidated balance sheets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueDisclosureOfAssetAndLiabilityNotMeasuredAtFairValueTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Fair Value Disclosure of Financial Instruments Not Measured at Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AdvisoryAgreementReimbursementOfOrganizationAndOperatingExpensesTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Advisory Agreement, Reimbursement Of Organization And Operating Expenses, Term</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AdvisoryAgreementReimbursementOfOrganizationAndOperatingExpensesTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Advisory Agreement, Reimbursement Of Organization And Operating Expenses, Term</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AdvisoryAgreementReimbursementOfOrganizationAndOperatingExpensesTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Term of reimbursement of organization and operating expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Statement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_PerformanceParticipationAllocationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents information pertaining to performance participation allocation.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_PerformanceParticipationAllocationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Performance Participation Allocation [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_PerformanceParticipationAllocationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Performance participation allocation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityFilerCategory_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Filer Category</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SellingGeneralAndAdministrativeExpensesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">General and Administrative Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SellingGeneralAndAdministrativeExpensesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Selling, General and Administrative Expenses, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_StockRepurchaseMonthlyStockRepurchaseMaximum_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Stock Repurchase, Monthly Stock Repurchase Maximum</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_StockRepurchaseMonthlyStockRepurchaseMaximum_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Repurchase, Monthly Stock Repurchase Maximum</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_StockRepurchaseMonthlyStockRepurchaseMaximum_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Stock repurchase, monthly repurchase maximum percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquityNetIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Temporary Equity, Net Income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquityNetIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net loss</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquityNetIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Net loss allocation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities and Equity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total Liabilities, Redeemable non-controlling interest and (Deficit)/Equity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mortgage Notes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CreditConcentrationRiskMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Credit Concentration Risk [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CreditConcentrationRiskMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Credit Concentration Risk</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquitySecuritiesByIndustryAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Industry Sector [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PropertyPlantAndEquipmentByTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Lived Tangible Asset [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_EQRTOPMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents the information pertaining to EQRT OP.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_EQRTOPMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">EQRT OP [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_EQRTOPMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">EQRT OP</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueYearThree_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Liability, to be Paid, Year Three</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueYearThree_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2029</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentBuildingAndBuildingImprovements_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Building and Building Improvements</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentBuildingAndBuildingImprovements_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Building and building improvements</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Assets, Remaining Amortization Period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Remaining amortization period of intangible assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsequent Event [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Liability, to be Paid, Remainder of Fiscal Year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2026 (remaining)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentIncomeInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Income, Interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentIncomeInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_SegmentGeographicalDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Geographical [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_SegmentGeographicalDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Geographical [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsRestrictedCashAndCashEquivalentsPolicy_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsRestrictedCashAndCashEquivalentsPolicy_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Restricted Cash</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfErrorCorrectionsAndPriorPeriodAdjustmentsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Error Corrections and Prior Period Adjustments [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfErrorCorrectionsAndPriorPeriodAdjustmentsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of changes in the reconciliation from net loss attributable to common stockholders and the resulting net loss per share of common stock - basic and diluted</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ThresholdAggregateNetAssetValueToDetermineAdvanceForGeneralAndAdministrativeExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Threshold aggregate net asset value of outstanding common stock to determine the eligibility of advance to be provided by the advisors.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ThresholdAggregateNetAssetValueToDetermineAdvanceForGeneralAndAdministrativeExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Threshold Aggregate Net Asset Value To Determine Advance For General And Administrative Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ThresholdAggregateNetAssetValueToDetermineAdvanceForGeneralAndAdministrativeExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Threshold aggregate net asset value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredFinanceCostsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Issuance Costs, Net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredFinanceCostsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deferred financing costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredFinanceCostsNet_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Deferred financing costs, net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredFinanceCostsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Deferred financing costs, net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_StockRepurchaseQuarterlyStockRepurchaseMaximum_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Stock Repurchase, Quarterly Stock Repurchase Maximum</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_StockRepurchaseQuarterlyStockRepurchaseMaximum_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Repurchase, Quarterly Stock Repurchase Maximum</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_StockRepurchaseQuarterlyStockRepurchaseMaximum_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Stock repurchase, quarterly repurchase maximum percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Due to affiliates</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MinorityInterestChangeInRedemptionValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Noncontrolling Interest, Change in Redemption Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MinorityInterestChangeInRedemptionValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Adjust redeemable non-controlling interest to redemption value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueDividendReinvestmentPlan_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Distribution reinvestments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueDividendReinvestmentPlan_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period, Value, Dividend Reinvestment Plan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PropertyPlantAndEquipmentLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Property, Plant and Equipment [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PropertyPlantAndEquipmentLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Significant Accounting Policies</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_NetAssetValueThresholdForAdvancesUnderAdvisoryAgreement_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Net Asset Value, Threshold For Advances Under Advisory Agreement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_NetAssetValueThresholdForAdvancesUnderAdvisoryAgreement_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Asset Value, Threshold For Advances Under Advisory Agreement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_NetAssetValueThresholdForAdvancesUnderAdvisoryAgreement_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Threshold amount of NAV not held by company</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConcentrationRiskTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Concentration Risk [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_WashingtonPropertyClosingCostsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents information pertaining to Washington property closing costs.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_WashingtonPropertyClosingCostsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Washington Property Closing Costs [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_WashingtonPropertyClosingCostsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Washington Property closing costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NonrelatedPartyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Nonrelated Party [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NonrelatedPartyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Nonrelated Party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConcentrationRiskDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Concentration Risk Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConcentrationRiskDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Economic Dependency</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnings Per Share, Basic</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Earnings Per Share, Basic, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net (loss) per share of common stock - basic (in dollars per share)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquityAccretionToRedemptionValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Temporary Equity, Accretion to Redemption Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquityAccretionToRedemptionValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Adjust redeemable non-controlling interest to redemption value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquityAccretionToRedemptionValue_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Adjustment to redemption value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AdvisersMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents information pertaining to Advisers.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AdvisersMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Advisers [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AdvisersMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Adviser</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestAndOtherIncomeAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other Income (Expense)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestAndOtherIncomeAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest and Other Income [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseLeaseIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Lease, Lease Income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseLeaseIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Rental revenue</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseLeaseIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total rental revenue</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Adjustments to reconcile net (loss) to net cash provided by operating activities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncentiveFeeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Incentive Fee Expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncentiveFeeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Performance participation allocation incurred</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncentiveFeeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Performance participation allocation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncentiveFeeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Incentive Fee Expense, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_LightManufacturingAndDistributionWarehouseFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Light Manufacturing And Distribution Warehouse Facility.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_LightManufacturingAndDistributionWarehouseFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Light Manufacturing And Distribution Warehouse Facility [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_LightManufacturingAndDistributionWarehouseFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Light Manufacturing And Distribution Warehouse Facility</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_OperatingExpensePolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Operating Expense, Policy</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_OperatingExpensePolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Expense, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_OperatingExpensePolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Operating Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntitySmallBusiness_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Small Business</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Retained Earnings (Accumulated Deficit)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Retained Earnings (Accumulated Deficit), Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accumulated deficit</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquitySecuritiesIndustryMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Industry Sector [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NatureOfOperations_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Nature of Operations [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NatureOfOperations_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Organization and Business Purpose</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred Stock Class A</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsidiaryOrEquityMethodInvesteeSaleOfStockBySubsidiaryOrEquityInvesteeTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsidiary or Equity Method Investee, Sale of Stock, Type [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsidiaryOrEquityMethodInvesteeSaleOfStockBySubsidiaryOrEquityInvesteeTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsidiary or Equity Method Investee, Sale of Stock by Subsidiary or Equity Investee [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeFinanceLeaseDiscountRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Finance Lease, Discount Rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeFinanceLeaseDiscountRate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lease discount percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeFinanceLeaseDiscountRate_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Finance lease, discount rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SaleOfStockPricePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sale of Stock, Price Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SaleOfStockPricePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Price per share (in dollars per share)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Organization and Business Purpose</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Organization, Consolidation and Presentation of Financial Statements [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ManagementFeePercentOfNetAssetValueSharesNotOwnedByCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percent of net asset value, shares not owned by company.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ManagementFeePercentOfNetAssetValueSharesNotOwnedByCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Management Fee, Percent Of Net Asset Value, Shares Not Owned By Company</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ManagementFeePercentOfNetAssetValueSharesNotOwnedByCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Management fee, percent of NAV of shares now owned by company</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LeasesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Leases [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AssetAcquisitionLeaseLiabilityFinanceLease_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The amount of finance lease liabilities acquired in an asset acquisition.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AssetAcquisitionLeaseLiabilityFinanceLease_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Asset Acquisition, Lease Liability, Finance Lease</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AssetAcquisitionLeaseLiabilityFinanceLease_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lease liability - finance lease</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_AmendmentFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amendment Flag</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ImpairmentOfRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Impairment of Real Estate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ImpairmentOfRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Impairments recognized</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseInterestExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Interest Expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseInterestExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Interest on lease liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerSharePolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnings Per Share, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerSharePolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net Income/Loss per Share of Common Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerSharePolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Net Loss per Share of Common Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConcentrationRiskLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Concentration Risk [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConcentrationRiskLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Leases</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAndStockholdersEquityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities and Equity [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAndStockholdersEquityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Liabilities and (Deficit)/Equity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressPostalZipCode_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Postal Zip Code</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Provided by (Used in) Operating Activity, Including Discontinued Operation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net cash provided by operating activities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DirectorCompensationPlanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Director Compensation Plan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DirectorCompensationPlanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Director Compensation Plan [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DirectorCompensationPlanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Director Compensation Plan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingCodmProfitLossMeasureHowUsedDescription_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Segment Reporting, CODM, Profit (Loss) Measure, How Used, Description</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_OrganizationAndOfferingCostsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents the information pertaining organization and offering costs.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_OrganizationAndOfferingCostsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Organization And Offering Costs [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_OrganizationAndOfferingCostsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Offering costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_OrganizationAndOfferingCostsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Advanced organization and offering expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PortionAtFairValueFairValueDisclosureMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Portion at Fair Value Measurement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PortionAtFairValueFairValueDisclosureMember_lbl" xlink:role="http://fasb.org/us-gaap/role/label/axisDefault">Portion at Fair Value Measurement [Member] [Default]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressAddressLine1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Address Line One</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueByFairValueHierarchyLevelAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Hierarchy and NAV [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Tax, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Income Taxes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AdvisoryAgreementPerformanceBenchmarkAnnualHurdleAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percent of advisory agreement, performance benchmark, annual hurdle amount.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AdvisoryAgreementPerformanceBenchmarkAnnualHurdleAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Advisory Agreement, Performance Benchmark, Annual Hurdle Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AdvisoryAgreementPerformanceBenchmarkAnnualHurdleAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Performance benchmark, annual hurdle amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Name of Property [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Name of Property [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Right-of-Use Asset, before Accumulated Amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Right-of-use asset - finance lease</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Right-of-use asset - finance lease</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilitiesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Liabilities [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilitiesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of components of the Company's other liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilitiesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Schedule of other liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ManagementFeeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Management Fee Expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ManagementFeeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Management fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ManagementFeeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Management fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiabilityUndiscountedExcessAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Liability, Undiscounted Excess Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiabilityUndiscountedExcessAmount_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Less imputed interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_GeorgetownPropertyClosingCostsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents information pertaining to Georgetown property closing costs.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_GeorgetownPropertyClosingCostsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Georgetown Property Closing Costs [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_GeorgetownPropertyClosingCostsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Georgetown Property closing costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentType_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Type</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateInvestmentPropertyNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate Investment Property, Net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateInvestmentPropertyNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Investment in real estate, net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_EQTRealEstateAdvisorsLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">EQT Real Estate Advisors, LLC</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_EQTRealEstateAdvisorsLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">EQT Real Estate Advisors, LLC [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_EQTRealEstateAdvisorsLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">EQT Real Estate Advisors, LLC.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Central Index Key</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_NashvillePropertyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents the information pertaining to Nashville property.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_NashvillePropertyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Nashville Property [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_NashvillePropertyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Nashville Property</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net change in cash, cash equivalents and restricted cash</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event Type [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsequent Event Type [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LandAndLandImprovements_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Land and Land Improvements</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LandAndLandImprovements_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Land and land improvements</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_StockRepurchaseThresholdNAVOfUnitsHeldByPartiesOtherThanCompanyValue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Stock Repurchase, Threshold NAV Of Units Held By Parties Other Than Company , Minimum Value Required</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_StockRepurchaseThresholdNAVOfUnitsHeldByPartiesOtherThanCompanyValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Repurchase, Threshold NAV Of Units Held By Parties Other Than Company, Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_StockRepurchaseThresholdNAVOfUnitsHeldByPartiesOtherThanCompanyValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">NAV required of shares not held by company before shares can be repurchased</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AnnualizedBaseRentPerSquareFeet_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount represents annualized contractual base rental income per square feet adjusted to straight-line any contractual tenant concessions (including free rent), rent increases, and rent decreases from the lease's inception through the balance of the lease term.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AnnualizedBaseRentPerSquareFeet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Annualized Base Rent Per Square Feet</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AnnualizedBaseRentPerSquareFeet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Annualized Base Rent per Sq. Ft.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Par or Stated Value Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock, par value (in dollars per share)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeFinanceLeaseRemainingLeaseTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Finance Lease, Remaining Lease Term</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeFinanceLeaseRemainingLeaseTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Finance lease, remaining lease term</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase (Decrease) in Other Operating Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Increase (Decrease) in Other Operating Liabilities, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IssuanceOfStockAndWarrantsForServicesOrClaims_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Issuance of restricted stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IssuanceOfStockAndWarrantsForServicesOrClaims_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Issuance of Stock and Warrants for Services or Claims</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Disclosure [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsForConstructionInProcess_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments for Construction in Process</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsForConstructionInProcess_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Capital expenditures for construction in progress</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SupplementalCashFlowElementsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Supplemental Cash Flow Elements [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SupplementalCashFlowElementsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Supplemental disclosure of cash flow information:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_StateFarmPortfolioMortgageLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents information pertaining to State Farm Portfolio Mortgage Loan.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_StateFarmPortfolioMortgageLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">State Farm Portfolio Mortgage Loan [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_StateFarmPortfolioMortgageLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">State Farm Portfolio Mortgage Loan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Current Fiscal Year End Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Long-Term Debt Instruments [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToMinorityShareholders_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments to Noncontrolling Interests</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToMinorityShareholders_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Distributions paid on redeemable non-controlling interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DealerManagerAgreementUpfrontSellingCommissionPaid_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Dealer Manager Agreement, Upfront Selling Commission Paid</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DealerManagerAgreementUpfrontSellingCommissionPaid_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dealer Manager Agreement, Upfront Selling Commission Paid</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DealerManagerAgreementUpfrontSellingCommissionPaid_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Dealer manager agreement, upfront selling commission paid</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_UndeclaredDividendsPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Undeclared Dividends Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_UndeclaredDividendsPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Undeclared Dividends Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_UndeclaredDividendsPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unpaid cumulative dividends</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentQuarterlyReport_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Quarterly Report</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressStateOrProvince_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, State or Province</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DistributionPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Distribution Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DistributionPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Distributions accrued and not paid</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Unvested restricted shares, ending balance (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Unvested restricted shares, beginning balance (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock, Shares Outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Preferred Stock, Shares Outstanding, Ending Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Preferred Stock, Shares Outstanding, Beginning Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred stock, outstanding (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment in Real Estate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_StatementGeographicalAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Geographical [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_StatementGeographicalAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Geographical [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_PropertyManagementFees_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of property management fees incurred by the company.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_PropertyManagementFees_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Property Management Fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_PropertyManagementFees_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Property management fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_TenantOriginationCostsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Tenant Origination Costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_TenantOriginationCostsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Tenant Origination Costs [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_TenantOriginationCostsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Tenant origination costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_TenantOriginationCostsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Tenant Origination Costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueAfterYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Liability, to be Paid, after Year Five</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueAfterYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Thereafter</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_MiddletownPropertyClosingCostsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents information pertaining to Middletown  property closing costs.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_MiddletownPropertyClosingCostsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Middletown Property Closing Costs [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_MiddletownPropertyClosingCostsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Middletown Property closing costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_PreferredStockRedemptionPremiumPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The per share redemption premium of preferred stock.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_PreferredStockRedemptionPremiumPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock, Redemption Premium Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_PreferredStockRedemptionPremiumPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred stock, redemption premium (in dollars per share)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_PropertyManagementAgreementTerminationNoticeRequired_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Property Management Agreement, Termination Notice Required</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_PropertyManagementAgreementTerminationNoticeRequired_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Property Management Agreement, Termination Notice Required</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_PropertyManagementAgreementTerminationNoticeRequired_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Notice of termination required for property management agreement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsequent Event</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_TemporaryEquityDistribution_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Temporary equity, distribution</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_TemporaryEquityDistribution_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Temporary Equity Distribution</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_TemporaryEquityDistribution_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Distributions to non-controlling interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_TemporaryEquityDistribution_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel">Distributions to non-controlling interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DistributionFeeDeclaredPerShareOfCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Distribution Fee Declared Per Share of Common Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DistributionFeeDeclaredPerShareOfCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Distribution fee declared per share of common stock.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DistributionFeeDeclaredPerShareOfCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Distribution fee per share of common stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeFinanceLeaseExistenceOfOptionToExtend_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Finance Lease, Existence of Option to Extend [true false]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BasisOfPresentationAndSignificantAccountingPoliciesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Basis of Presentation and Significant Accounting Policies [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BasisOfPresentationAndSignificantAccountingPoliciesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Significant Accounting Policies</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DealerManagerAgreementDistributionFee_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Dealer Manager Agreement, Distribution Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DealerManagerAgreementDistributionFee_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dealer Manager Agreement, Distribution Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DealerManagerAgreementDistributionFee_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Distribution fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_NameOfMajorCustomerDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Customer [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Assets, Major Class Name [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Asset, Expected Amortization, after Year Five</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Thereafter</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase (Decrease) in Stockholders' Equity [Roll Forward]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AssetAcquisitionTenantOriginationCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of asset acquisition, tenant origination costs.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AssetAcquisitionTenantOriginationCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Asset Acquisition, Tenant Origination Costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AssetAcquisitionTenantOriginationCosts_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Tenant origination costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StraightLineRent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Straight Line Rent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StraightLineRent_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Straight-line rent amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StraightLineRent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Straight-line rent amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investments in Real Estate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock, Value, Issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonClassDMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents the information pertaining to Common Class D.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonClassDMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Class D [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonClassDMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock Class D</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonClassDMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Common Class D</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MinimumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Minimum [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MinimumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Minimum</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_NumberOfAcquiredRealEstateInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number Of Acquired Real Estate Investments.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_NumberOfAcquiredRealEstateInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Acquired Real Estate Investments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_NumberOfAcquiredRealEstateInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of acquired real estate investments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted Average Grant Date Fair Value, Granted (in dollars per share)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel3Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, Inputs, Level 3 [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel3Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair value level 3 inputs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel3Member_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Fair Value, Inputs, Level 3</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Segment Reporting [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DevelopmentInProcess_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Construction in progress</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DevelopmentInProcess_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Development in Process</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherAssetsMiscellaneous_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Assets, Miscellaneous</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherAssetsMiscellaneous_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transactions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related Party Transactions [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedMaturityTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessor, Operating Lease, Payment to be Received, Maturity [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedMaturityTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of operating lease income receivable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_OtherAssetsAndOtherLiabilitiesDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">No definition available.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_OtherAssetsAndOtherLiabilitiesDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Assets and Other Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_OtherAssetsAndOtherLiabilitiesDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Other Assets and Other Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeLeasesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Leases [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeLeasesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ground Leases</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_LeaseReceivablesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents the member information pertaining to lease receivables.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_LeaseReceivablesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lease Receivables [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_LeaseReceivablesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lease Receivables</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted Average Grant Date Fair Value, (in dollars per share)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GeneralAndAdministrativeExpenseMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">General and Administrative Expense [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GeneralAndAdministrativeExpenseMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">General and administrative expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GeneralAndAdministrativeExpenseMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Advanced general and administrative expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockDividendRatePercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock, Dividend Rate, Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockDividendRatePercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Dividend rate (as a percentage)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_PropertyManagementFeeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents information pertaining to property management fee.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_PropertyManagementFeeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Property Management Fee [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_PropertyManagementFeeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Property management fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DealerManagerAgreementUpfrontSellingCommissionPercentOfTransactionPriceMaximum_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percent of transaction price, maximum dealer manager agreement, upfront selling commission.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DealerManagerAgreementUpfrontSellingCommissionPercentOfTransactionPriceMaximum_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dealer Manager Agreement, Upfront Selling Commission, Percent Of Transaction Price, Maximum</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DealerManagerAgreementUpfrontSellingCommissionPercentOfTransactionPriceMaximum_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Dealer manager agreement, percent selling commission</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConcentrationRiskByBenchmarkAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Concentration Risk Benchmark [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AnnualizedBaseRent_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount represents annualized contractual base rental income adjusted to straight-line any contractual tenant concessions (including free rent), rent increases, and rent decreases from the lease's inception through the balance of the lease term.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AnnualizedBaseRent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Annualized Base Rent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AnnualizedBaseRent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Annualized Base Rent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiabilityCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Liability, Current</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiabilityCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Current lease liability - finance lease</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Outstanding, Weighted Average Remaining Contractual Terms</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortization Period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseRightOfUseAssetAccumulatedAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Right-of-Use Asset, Accumulated Amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseRightOfUseAssetAccumulatedAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortization of right-of-use asset</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseRightOfUseAssetAccumulatedAmortization_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Amortization of right-of-use asset</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseRightOfUseAssetAccumulatedAmortization_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel">Accumulated amortization of right-of-use asset</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProfitLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net (Loss)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProfitLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Income (Loss), Including Portion Attributable to Noncontrolling Interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProfitLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net (loss)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LeasesAcquiredInPlaceMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Leases, Acquired-in-Place [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LeasesAcquiredInPlaceMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">In-place lease intangibles</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LeasesAcquiredInPlaceMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">In-Place Lease Intangibles</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongtermDebtTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Debt, Type [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted Average Number of Shares Outstanding, Basic</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Weighted Average Number of Shares Outstanding, Basic, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted-average shares of common stock outstanding - basic (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_StatementScenarioAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Scenario [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentInformationLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Information [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2026 (remaining)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessor, Operating Lease, Payment to be Received, Remainder of Fiscal Year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Share-Based Compensation Arrangements by Share-Based Payment Award [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Share-Based Compensation Arrangements by Share-Based Payment Award [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PropertyPlantAndEquipmentTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Lived Tangible Asset [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest expense payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Events [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsequent Events</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetAcquisitionConsiderationTransferredTransactionCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Asset Acquisition, Consideration Transferred, Transaction Cost</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetAcquisitionConsiderationTransferredTransactionCost_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Unpaid acquisition costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Debt</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mortgage notes, net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Mortgage notes, net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transactions Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related Party Transactions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonClassaIClassaIiClassIAndClassESharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents the information pertaining to Common Class A-I, Class A-II, Class I and Class E shares.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonClassaIClassaIiClassIAndClassESharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common ClassA-I, ClassA-II, Class I and Class E Shares [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonClassaIClassaIiClassIAndClassESharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common ClassA-I, ClassA-II, Class I and Class E Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Stock based compensation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">APIC, Share-Based Payment Arrangement, Increase for Cost Recognition</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">APIC, Share-Based Payment Arrangement, Increase for Cost Recognition, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity, Attributable to Parent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Ending balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Beginning balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment by Adviser</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total (Deficit)/Equity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockParOrStatedValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock, Par or Stated Value Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockParOrStatedValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred stock, par value (in dollars per share)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_NetDistributionsDeclaredPerShareOfCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Distributions Declared Per Share of Common Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_NetDistributionsDeclaredPerShareOfCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Net distributions declared per share of common stock.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_NetDistributionsDeclaredPerShareOfCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net distributions declared per share of common stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BasisOfAccountingPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Basis of Accounting, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BasisOfAccountingPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Basis of Presentation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_FinanceLeaseCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">FinanceLeaseCosts</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_FinanceLeaseCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Financeleasecosts.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_FinanceLeaseCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total finance lease costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_FinanceLeaseCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total finance lease costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementOfStockholdersEquityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement of Stockholders' Equity [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate Investments, Net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Real Estate Investments, Net, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investments in real estate, net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_WashingtonPropertyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents the information pertaining to  Washington property.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_WashingtonPropertyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Washington Property [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_WashingtonPropertyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Washington Property</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AssetAcquisitionAssetsAcquiredAndLiabilitiesAssumedNet_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of asset acquisition, assets acquired and liabilities assumed, net.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AssetAcquisitionAssetsAcquiredAndLiabilitiesAssumedNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Asset Acquisition, Assets Acquired And Liabilities Assumed, Net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AssetAcquisitionAssetsAcquiredAndLiabilitiesAssumedNet_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel">Total purchase price</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2026 (remaining)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Asset, Expected Amortization, Remainder of Fiscal Year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StartUpActivitiesCostPolicy_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Start-up Activities, Cost Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StartUpActivitiesCostPolicy_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Organization and Offering Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ScenarioTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents information pertaining to scenario two.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ScenarioTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Scenario Two [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ScenarioTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Second anniversary of the date on which the Company broke escrow in its public offering</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AdvisoryAgreementPerformanceParticipationInterestPercentOfAnnualTotalReturn_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percent of annual total return advisory agreement, performance participation interest.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AdvisoryAgreementPerformanceParticipationInterestPercentOfAnnualTotalReturn_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Advisory Agreement, Performance Participation Interest, Percent Of Annual Total Return</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AdvisoryAgreementPerformanceParticipationInterestPercentOfAnnualTotalReturn_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Performance participation interest allocation, percent of total return</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncentiveFeePayable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Incentive Fee Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncentiveFeePayable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accrued performance participation allocation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressAddressLine2_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Address Line Two</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiabilityMaturityTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Liability, to be Paid, Maturity [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiabilityMaturityTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of undiscounted future lease payments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonClassIMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents the information pertaining to Common Class I.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonClassIMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Class I [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonClassIMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock Class I</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonClassIMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Class I Common Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Name [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NoncashInvestingAndFinancingItemsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Noncash Investing and Financing Items [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NoncashInvestingAndFinancingItemsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Non-cash investing and financing activities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonClassAIMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Common Class A-I</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonClassAIMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Class A-I [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonClassAIMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock Class A-I</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonClassAIMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Class A-I Common Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingCodmIndividualTitleAndPositionOrGroupOrCommitteeNameExtensibleEnumeration_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Segment Reporting, CODM, Individual Title and Position or Group Name [Extensible Enumeration]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ClassEUnitsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Class E Units</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ClassEUnitsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class E Units [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ClassEUnitsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class E Units</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_SaleOfStockMaximumExpectedConsiderationReceivedOnTransaction_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Sale of Stock, Maximum Expected Consideration Received On Transaction</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_SaleOfStockMaximumExpectedConsiderationReceivedOnTransaction_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sale of Stock, Maximum Expected Consideration Received On Transaction</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_SaleOfStockMaximumExpectedConsiderationReceivedOnTransaction_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Value of common stock in offering (up to)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PlanNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Plan Name [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PlanNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Plan Name [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortizationRecognitionOfFinanceLeaseFromAcquisitions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount, before accumulated amortization, of right-of-use asset from recognition of finance lease from acquisitions.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortizationRecognitionOfFinanceLeaseFromAcquisitions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Right-of-Use Asset, before Accumulated Amortization, Recognition of Finance Lease from Acquisitions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortizationRecognitionOfFinanceLeaseFromAcquisitions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Right-of-use asset from recognition of finance lease</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ScenarioOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents information pertaining to scenario one.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ScenarioOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Scenario One [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ScenarioOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">First anniversary of the date on which the Company broke escrow in its public offering</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase (Decrease) in Other Operating Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Increase (Decrease) in Other Operating Assets, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingAssets_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Other assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BuildingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Building [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BuildingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Buildings and improvements</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Temporary Equity, Carrying Amount, Including Portion Attributable to Noncontrolling Interests</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Ending balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Beginning balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Temporary Equity, Including Noncontrolling Interest, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CostOfGoodsAndServicesSold_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cost of Product and Service Sold</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CostOfGoodsAndServicesSold_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Cost of Product and Service Sold, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CostOfGoodsAndServicesSold_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Rental property operating expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_NumberOfExtensionOptions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of extension options available under lease.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_NumberOfExtensionOptions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Extension Options</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_NumberOfExtensionOptions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Extension of lease period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Liability, to be Paid, Year One</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2027</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdvanceRent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Advance Rent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdvanceRent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Prepaid rent from tenant</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedTwoYears_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessor, Operating Lease, Payment to be Received, Year Two</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedTwoYears_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2028</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related and Nonrelated Parties [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related Party, Type [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressCityOrTown_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, City or Town</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRepurchasedDuringPeriodShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock repurchased</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRepurchasedDuringPeriodShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Repurchased During Period, Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRepurchasedDuringPeriodShares_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Repurchase of common stock (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRepurchasedDuringPeriodShares_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel">Common stock repurchased (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeasesOfLessorDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessor, Operating Leases [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeasesOfLessorDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Leases</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NumberOfReportableSegments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number of Reportable Segments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NumberOfReportableSegments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of reportable segments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Redeemable Noncontrolling Interest, Equity, Carrying Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Redeemable Noncontrolling Interest, Equity, Carrying Amount, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Redeemable non-controlling interests</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Debt, Gross</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total future principal payments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total loans secured by real estate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredOfferingCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Offering Costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredOfferingCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deferred offering expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IntangibleAssetsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Intangible Assets Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IntangibleAssetsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Intangibles</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_CounterpartyNameAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Counterparty Name [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_CounterpartyNameAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Counterparty Name [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockIncludingAdditionalPaidInCapitalMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock Including Additional Paid in Capital [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockIncludingAdditionalPaidInCapitalMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common Stock Including Additional Paid in Capital</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockIncludingAdditionalPaidInCapitalMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Common stock including additional paid in capital</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConcentrationRiskTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Concentration Risk Type [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Liability, to be Paid, Year Five</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2031</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment in Real Estate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Real Estate [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AdviserMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Adviser</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AdviserMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adviser [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AdviserMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Adviser</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Cash, cash equivalents and restricted cash, beginning of period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Cash, cash equivalents and restricted cash, end of period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accounts payable and accrued expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accounts Payable and Accrued Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Accounts Payable and Accrued Liabilities, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestPaidNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Paid, Excluding Capitalized Interest, Operating Activity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestPaidNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest paid - mortgage notes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueByMeasurementBasisAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Measurement Basis [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statistical Measurement [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Statistical Measurement [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AllocatedShareBasedCompensationExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Payment Arrangement, Expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AllocatedShareBasedCompensationExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Restricted stock amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Period End Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_TitleOfIndividualAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Title and Position [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_TitleOfIndividualAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Title of Individual [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementsFairValueHierarchyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Hierarchy and NAV [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ShareRepurchasePlanEarlyRepurchaseDeductionMinimumAccountBalanceRequired_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Share Repurchase Plan, Early Repurchase Deduction, Minimum Account Balance Required</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ShareRepurchasePlanEarlyRepurchaseDeductionMinimumAccountBalanceRequired_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share Repurchase Plan, Early Repurchase Deduction, Minimum Account Balance Required</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ShareRepurchasePlanEarlyRepurchaseDeductionMinimumAccountBalanceRequired_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Minimum account balance required</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_FinanceLeaseLiabilityTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Finance Lease Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_FinanceLeaseLiabilityTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease Liability [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_FinanceLeaseLiabilityTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of finance lease liability</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_NumberOfClassesOfStock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number Of Classes Of Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_NumberOfClassesOfStock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Classes Of Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_NumberOfClassesOfStock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of classes of stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementOfFinancialPositionAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement of Financial Position [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseVariableLeaseIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Lease, Variable Lease Income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseVariableLeaseIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Variable lease payments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AssetAcquisitionRightOfUseAssetsFinanceLease_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The amount of finance lease right-of-use assets acquired in an asset acquisition.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AssetAcquisitionRightOfUseAssetsFinanceLease_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Asset Acquisition, Right-of-use Assets, Finance Lease</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AssetAcquisitionRightOfUseAssetsFinanceLease_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Right-of-use asset - finance lease</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementClassOfStockAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Stock [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementClassOfStockAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class of Stock [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Receivables</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Receivables</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ECommerceIndustryMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">E-Commerce Industry</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ECommerceIndustryMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">E-Commerce Industry [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ECommerceIndustryMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">E-Commerce Industry</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Liabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Liabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TenantImprovements_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Leasehold improvements</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TenantImprovements_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Tenant Improvements</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeFinanceLeaseRenewalTerm1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Finance Lease, Renewal Term</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeFinanceLeaseRenewalTerm1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Finance lease, renewal term</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseLeaseIncomeLeasePayments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Lease, Lease Income, Lease Payments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseLeaseIncomeLeasePayments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fixed lease payments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RestrictedCash_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Restricted Cash</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RestrictedCash_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Restricted cash</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RestrictedCash_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Restricted Cash, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_FinanceLeaseNumberOfExtensionOptions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Finance Lease, Number Of Extension Options</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_FinanceLeaseNumberOfExtensionOptions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Number Of Extension Options</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_FinanceLeaseNumberOfExtensionOptions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Finance lease, number of extension options</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RestrictedStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Restricted Stock [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RestrictedStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Restricted Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RestrictedStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Restricted Stock [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseRightOfUseAssetAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Right-of-Use Asset, Amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseRightOfUseAssetAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Amortization of right-of-use assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IndefiniteLivedIntangibleAssetsMajorClassNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Indefinite-Lived Intangible Assets, Major Class Name [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueDisclosureOffbalanceSheetRisksAmountLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Disclosure, off-Balance-Sheet Risks, Amount, Liability</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueDisclosureOffbalanceSheetRisksAmountLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Organization and offering expenses incurred but not yet recorded</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsGross_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Assets, Gross</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsGross_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Intangible assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsGross_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Intangible assets:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_NumberOfOfficersAndEmployees_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number Of Officers And Employees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_NumberOfOfficersAndEmployees_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Officers And Employees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_NumberOfOfficersAndEmployees_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of officers and employees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted-average shares of common stock outstanding - diluted (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted Average Number of Shares Outstanding, Diluted</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Weighted Average Number of Shares Outstanding, Diluted, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityFileNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity File Number</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsOfDividendsCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments of Ordinary Dividends, Common Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsOfDividendsCommonStock_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Distributions paid on common stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Other assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CoverAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cover [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase (Decrease) in Accounts Payable and Accrued Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Increase (Decrease) in Accounts Payable and Accrued Liabilities, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accounts payable and accrued expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Forfeited in Period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel">Forfeited (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_PercentageOfReturnOfCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percentage of Return of Capital</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_PercentageOfReturnOfCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of return of capital.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_PercentageOfReturnOfCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of return of capital</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_IncreaseDecreaseInDeferredOfferingCostsDueToAffiliates_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Increase (decrease) in deferred offering costs due to affiliates</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_IncreaseDecreaseInDeferredOfferingCostsDueToAffiliates_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase (Decrease) In Deferred Offering Costs Due To Affiliates</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_IncreaseDecreaseInDeferredOfferingCostsDueToAffiliates_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accrued offering costs due to affiliate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonStockClassTClassSClassDClassIAndClassEMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Common Stock, Class T, Class S, Class D, Class I and Class E</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonStockClassTClassSClassDClassIAndClassEMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Class T, Class S, Class D, Class I and Class E [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonStockClassTClassSClassDClassIAndClassEMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common Stock, Class T, Class S, Class D, Class I and Class E</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ScenarioUnspecifiedDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Scenario [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MortgagesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Mortgages [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MortgagesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mortgages</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SaleOfStockNameOfTransactionDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sale of Stock [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SaleOfStockNameOfTransactionDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sale of Stock [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Segment Reporting Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Segment Reporting</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_PropertyManagementAgreementRepaymentOfAdvancesTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of property management agreement, repayment ff advances term.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_PropertyManagementAgreementRepaymentOfAdvancesTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Property Management Agreement, Repayment Of Advances, Term</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_PropertyManagementAgreementRepaymentOfAdvancesTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Term of repayment of advances</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GeneralAndAdministrativeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">General and Administrative Expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GeneralAndAdministrativeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">General and administrative expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GeneralAndAdministrativeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">General and Administrative Expense, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity, Noncash Item [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Changes in assets and liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsequent Event [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Assets, Net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Real estate related intangibles, net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Real estate related intangibles, net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Finite-Lived Intangible Assets, Net, Ending Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Finite-Lived Intangible Assets, Net, Beginning Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NumberOfRealEstateProperties_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number of Real Estate Properties</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NumberOfRealEstateProperties_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of industrial properties</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorLeasesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessor, Leases [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorLeasesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Revenue Recognition</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PropertyPlantAndEquipmentUsefulLife_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Estimated useful life</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PropertyPlantAndEquipmentUsefulLife_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Property, Plant and Equipment, Useful Life</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">New Accounting Pronouncements, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Recent Accounting Pronouncements</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AssetAcquisitionWorkingCapitalAssumed_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Asset acquisition, working capital assumed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AssetAcquisitionWorkingCapitalAssumed_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Asset Acquisition, Working Capital Assumed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AssetAcquisitionWorkingCapitalAssumed_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Working capital assumed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AssetAcquisitionWorkingCapitalAssumed_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Working capital assumed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period, Shares, Conversion of Convertible Securities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock reclassification</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_Amazon.comServicesLlcMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents information pertaining to Amazon.com Services LLC.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_Amazon.comServicesLlcMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amazon.com Services LLC [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_Amazon.comServicesLlcMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amazon.com Services LLC</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Vesting period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ExeterPropertyGroupAdvisorsLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Exeter Property Group Advisors, LLC</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ExeterPropertyGroupAdvisorsLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Exeter Property Group Advisors, LLC [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ExeterPropertyGroupAdvisorsLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Exeter Property Group Advisors, LLC</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DistributionFeesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Distribution Fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DistributionFeesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Distribution Fees [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DistributionFeesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Distribution fees.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CarryingReportedAmountFairValueDisclosureMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Reported Value Measurement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CarryingReportedAmountFairValueDisclosureMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Carrying Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unrecognized Compensation Cost</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Shares, Outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Ending balance (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Beginning balance (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock, outstanding (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Common stock, outstanding (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DepreciationDepletionAndAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Depreciation and amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DepreciationDepletionAndAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Depreciation, Depletion and Amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DepreciationDepletionAndAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Depreciation, Depletion and Amortization, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentTransitionReport_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Transition Report</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Operating expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsForRepurchaseOfCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments for Repurchase of Common Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsForRepurchaseOfCommonStock_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Repurchase of common stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfSubsequentEventsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Subsequent Events [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfSubsequentEventsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Subsequent Events</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortizationAdjustment_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount, before accumulated amortization, of right-of-use asset adjustment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortizationAdjustment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Right-of-Use Asset, before Accumulated Amortization, Adjustment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortizationAdjustment_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Favorable lease asset</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementOfCashFlowsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement of Cash Flows [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DistributionFeeAcquired_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Distribution Fee Acquired</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DistributionFeeAcquired_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Distribution fee acquired.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DistributionFeeAcquired_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Distribution fee acquired</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Issuance of common stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period, Value, New Issues</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityNoteDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityNoteDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equity and Redeemable Non-controlling Interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Assets [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Intangibles</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_GafEnergyLlcMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents information pertaining to GAF Energy LLC.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_GafEnergyLlcMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">GAF Energy LLC [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_GafEnergyLlcMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">GAF Energy LLC</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Net loss</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonClassEMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents the information pertaining to Common Class E.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonClassEMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Class E [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonClassEMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class E</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonClassEMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Class E Common Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ManagementFeePercentageOfNetAssetValue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of the net asset value of management fee.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ManagementFeePercentageOfNetAssetValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Management Fee, Percentage Of Net Asset Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ManagementFeePercentageOfNetAssetValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Management fee, percent of NAV</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_NumberOfIndependentDirectors_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number Of Independent Directors</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_NumberOfIndependentDirectors_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Independent Directors</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_NumberOfIndependentDirectors_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of independent directors</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Name of Property [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Name of Property [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentFiscalYearFocus_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Fiscal Year Focus</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate Investment Property, Accumulated Depreciation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Accumulated depreciation and amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInTemporaryEquityRollForward_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase (Decrease) in Temporary Equity [Roll Forward]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInTemporaryEquityRollForward_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Redeemable Non-controlling Interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConcentrationRiskBenchmarkDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Concentration Risk Benchmark [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Provided by (Used in) Investing Activity, Including Discontinued Operation [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">CASH FLOWS FROM INVESTING ACTIVITIES:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestExpenseNonoperating_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Expense, Nonoperating</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestExpenseNonoperating_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestExpenseNonoperating_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Interest expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestExpenseNonoperating_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Interest Expense, Nonoperating, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessor, Operating Lease, Payment to be Received, Year One</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2027</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentForIncentiveFee_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payment for Incentive Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentForIncentiveFee_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Payment for incentive fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Asset, Expected Amortization, Year One</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2027</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateInvestmentPropertyAtCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate Investment Property, at Cost</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateInvestmentPropertyAtCost_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Measurement, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Measurements</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Other liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilities_lbl" xlink:role="http://www.xbrl.org/2009/role/netLabel">Total due to affiliates</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Other liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Due to affiliates</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfOtherAssetsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Other Assets [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfOtherAssetsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of components of the Company's other assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfOtherAssetsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Schedule of other assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodRemainingAmortizationPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Remaining Amortization Period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodRemainingAmortizationPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Remaining Amortization Period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodRemainingAmortizationPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Remaining amortization period, granted</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commitments and Contingencies Disclosure [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PrepaidExpenseCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Prepaid Expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PrepaidExpenseCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Prepaid expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingRollForward_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingRollForward_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share-Based Compensation Arrangement by Share-Based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AverageAnnualizedBaseRentPerSquareFeet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Average Annualized Base Rent per Sq. Ft.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AverageAnnualizedBaseRentPerSquareFeet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Average Annualized Base Rent Per Square Feet</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AverageAnnualizedBaseRentPerSquareFeet_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Average annualized base rent per square feet.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SaleOfStockConsiderationReceivedOnTransaction_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sale of Stock, Consideration Received on Transaction</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SaleOfStockConsiderationReceivedOnTransaction_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares/units issued in sale of stock/units (in shares/units)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SaleOfStockConsiderationReceivedOnTransaction_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Aggregate Purchase Price</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SaleOfStockConsiderationReceivedOnTransaction_lbl" xlink:role="http://www.xbrl.org/2009/role/netLabel">Sale of stock, consideration received on transaction</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Income (Loss) Available to Common Stockholders, Basic</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net (loss) attributable to common stockholders</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInDueToAffiliates_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase (Decrease) in Due to Affiliates</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInDueToAffiliates_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Due to affiliates</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInDueToAffiliates_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Due to affiliates</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Income (Loss) Attributable to Redeemable Noncontrolling Interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net Income (Loss) Attributable to Redeemable Noncontrolling Interest, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Net loss attributable to redeemable non-controlling interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquityStockIssuedDuringPeriodValueNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Temporary Equity, Stock Issued During Period, Value, New Issues</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquityStockIssuedDuringPeriodValueNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Contributions from non-controlling interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquityStockIssuedDuringPeriodValueNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Contribution from redeemable non-controlling interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsidiarySaleOfStockAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sale of Stock [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsidiarySaleOfStockAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sale of Stock [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConcentrationRiskPercentage1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Concentration Risk, Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConcentrationRiskPercentage1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">% of Portfolio Annualized Base Rent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConcentrationRiskPercentage1_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Annualized base rent rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Fair Value Disclosure</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mortgage notes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Revenues_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Revenues</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Revenues_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total Revenues</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Provided by (Used in) Investing Activity, Including Discontinued Operation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net cash (used in) investing activities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PrivatePlacementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Private Placement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PrivatePlacementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Private Placement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_OfferingPursuantToDistributionReinvestmentPlanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Offering Pursuant To Distribution Reinvestment Plan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_OfferingPursuantToDistributionReinvestmentPlanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Offering Pursuant To Distribution Reinvestment Plan [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_OfferingPursuantToDistributionReinvestmentPlanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Offering Pursuant to Distribution Reinvestment Plan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related and Nonrelated Parties [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related Party, Type [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Debt, Maturity, after Year Five</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Thereafter</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquitySharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Temporary Equity, Shares Issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquitySharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Redeemable non-controlling interest, shares issued (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Redeemed or Called During Period, Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Stock redeemed during the period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceived_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessor, Operating Lease, Payment to be Received</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceived_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentInformationTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Information [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseRightOfUseAsset_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Right-of-Use Asset, after Accumulated Amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseRightOfUseAsset_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Right-of-use asset, net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_SellingCommissionAndUpfrontDealerManagerFees_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of selling commission and upfront dealer manager fees.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_SellingCommissionAndUpfrontDealerManagerFees_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Selling Commission And Upfront Dealer Manager Fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_SellingCommissionAndUpfrontDealerManagerFees_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Upfront selling commission or dealer manager fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PortionAtOtherThanFairValueFairValueDisclosureMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Portion at Other than Fair Value Measurement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PortionAtOtherThanFairValueFairValueDisclosureMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PropertyPlantAndEquipmentTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Property, Plant and Equipment [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PropertyPlantAndEquipmentTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of investments in real estate are stated at cost and are generally depreciated on a straight-line basis over the estimated useful lives</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PropertyPlantAndEquipmentTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Property, Plant and Equipment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ShoalsTechnologiesGroupLlcMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents information pertaining to Shoals Technologies Group, LLC.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ShoalsTechnologiesGroupLlcMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Shoals Technologies Group, LLC [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ShoalsTechnologiesGroupLlcMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shoals Technologies Group, LLC</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedFourYears_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessor, Operating Lease, Payment to be Received, Year Four</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedFourYears_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2030</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdditionalPaidInCapitalMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Additional Paid-In Capital</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdditionalPaidInCapitalMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Additional Paid-in Capital [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Intangible Asset, Finite-Lived [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Related Party Transactions, by Related Party [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AssetAcquisitionBuildingsAndBuildingImprovements_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Asset Acquisition, Buildings And Building Improvements</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AssetAcquisitionBuildingsAndBuildingImprovements_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Asset Acquisition, Buildings And Building Improvements</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AssetAcquisitionBuildingsAndBuildingImprovements_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Building and building improvements</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecurityDepositLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Security Deposit Liability</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecurityDepositLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Tenant security deposit</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_DirectorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Director [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_DirectorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Director</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_PreferredStockIssuedToEightOfficersAndEmployeesOfTheAdviserAndItsAffiliatesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents the information pertaining to preferred stock issued to eight officers and employees of the adviser and its affiliates.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_PreferredStockIssuedToEightOfficersAndEmployeesOfTheAdviserAndItsAffiliatesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock Issued To Eight Officers And Employees Of The Adviser And Its Affiliates [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_PreferredStockIssuedToEightOfficersAndEmployeesOfTheAdviserAndItsAffiliatesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred Stock Issued to Eight Officers and Employees of the Adviser and its Affiliates</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_PreferredStockIssuedToEightOfficersAndEmployeesOfTheAdviserAndItsAffiliatesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Preferred stock issued to eight officers and employees of the adviser and its affiliates</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event Type [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsequent Event Type [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedFiveYears_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessor, Operating Lease, Payment to be Received, Year Five</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedFiveYears_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2031</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AssetAcquisitionInPlaceLeaseIntangibles_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of asset acquisition, in-place lease intangibles.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AssetAcquisitionInPlaceLeaseIntangibles_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Asset Acquisition, In Place lease Intangibles</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AssetAcquisitionInPlaceLeaseIntangibles_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">In-place lease intangibles</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Finite-Lived Intangible Assets [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of gross carrying amount and accumulated amortization of the company's real estate related intangible assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Schedule of finite-lived intangible assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DistributionReinvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Distribution reinvestment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DistributionReinvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Distribution Reinvestment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DistributionReinvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Distribution reinvestments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Provided by (Used in) Financing Activity, Including Discontinued Operation [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">CASH FLOWS FROM FINANCING ACTIVITIES</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityExTransitionPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Ex Transition Period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockLiquidationPreference_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock Liquidating Preference</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockLiquidationPreference_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Liquidation preference per share (in dollars per share)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockLiquidationPreference_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Preferred stock, liquidation preference per share (in dollars per share)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementEquityComponentsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Components [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementEquityComponentsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equity Components [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NonoperatingIncomeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Nonoperating Income (Expense)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NonoperatingIncomeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total Other Income (Expense)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityComponentDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Component [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityComponentDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equity Component [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfShareBasedCompensationActivityTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Payment Arrangement, Activity [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfShareBasedCompensationActivityTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of share based compensation activity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_NashvillePropertyClosingCostsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents information pertaining to Nashville property closing costs.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_NashvillePropertyClosingCostsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Nashville Property Closing Costs [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_NashvillePropertyClosingCostsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Nashville Property closing costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Intangibles</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Goodwill and Intangible Assets Disclosure [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonClassTMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents the information pertaining to Common Class T.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonClassTMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Class T [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonClassTMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock Class T</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonClassTMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Class T Common Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MachineryAndEquipmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Machinery and Equipment [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MachineryAndEquipmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Furniture, fixtures and equipment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MajorCustomersAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Customer [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DeferredFinancingCostsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Deferred Financing Costs.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DeferredFinancingCostsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Financing Costs [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DeferredFinancingCostsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deferred Financing Costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ReimbursementToRelatedPartyAdvanceForOfferingExpensesPeriodOfReimbursement_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Reimbursement To Related Party, Advance For Offering Expenses, Period Of Reimbursement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ReimbursementToRelatedPartyAdvanceForOfferingExpensesPeriodOfReimbursement_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Reimbursement To Related Party, Advance For Offering Expenses, Period Of Reimbursement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ReimbursementToRelatedPartyAdvanceForOfferingExpensesPeriodOfReimbursement_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Period of reimbursement of advance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BuildingAndBuildingImprovementsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Building and Building Improvements [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BuildingAndBuildingImprovementsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Building and building improvements</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DealerManagerMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dealer Manager [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DealerManagerMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Dealer Manager</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DealerManagerMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Dealer manager.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MaximumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Maximum [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MaximumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maximum</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DistributionsMadeToShareholdersOfCommonStockPerShareTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Distributions made to shareholders of common stock, per share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DistributionsMadeToShareholdersOfCommonStockPerShareTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Distributions Made To Shareholders Of Common Stock Per Share [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DistributionsMadeToShareholdersOfCommonStockPerShareTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of distributions made to shareholders of common stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities, Fair Value Disclosure</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financial measurement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfStockByClassTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Stock by Class [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfStockByClassTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of common stock by class</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RangeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statistical Measurement [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RangeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Statistical Measurement [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Assets, Accumulated Amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accumulated amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Accumulated amortization:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ManagementFeesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents information pertaining to management fees.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ManagementFeesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Management Fees [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ManagementFeesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Management fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Value, Issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">CommonStockValue</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockValue_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Common stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConsolidationPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Consolidation, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConsolidationPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Principles of Consolidation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedThereafter_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessor, Operating Lease, Payment to be Received, after Year Five</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedThereafter_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Thereafter</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionAmountsOfTransaction_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction, Amounts of Transaction</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionAmountsOfTransaction_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amounts of transaction</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ShareRepurchaseProgramEarlyRepurchaseDeductionPercentageOfTransactionPrice_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Share Repurchase Program, Early Repurchase Deduction, Percentage Of Transaction Price</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ShareRepurchaseProgramEarlyRepurchaseDeductionPercentageOfTransactionPrice_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share Repurchase Program, Early Repurchase Deduction, Percentage Of Transaction Price</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ShareRepurchaseProgramEarlyRepurchaseDeductionPercentageOfTransactionPrice_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Repurchase percentage of shares under early repurchase deduction</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockDividendsIncomeStatementImpact_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock Dividends, Income Statement Impact</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockDividendsIncomeStatementImpact_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Dividends to preferred stockholders</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Impairment of Real Estate Portfolio</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_GeorgetownPropertyPurchaseAndSaleAgreementDepositMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents information pertaining to Georgetown property purchase and sale agreement deposit.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_GeorgetownPropertyPurchaseAndSaleAgreementDepositMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Georgetown Property Purchase And Sale Agreement Deposit [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_GeorgetownPropertyPurchaseAndSaleAgreementDepositMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Georgetown Property purchase and sale agreement deposit</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AmortizationOfFinancingCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amortization of Debt Issuance Costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AmortizationOfFinancingCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortization of deferred financing costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AssetAcquisitionLandAndLandImprovementsAcquired_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Asset Acquisition, Land And Land Improvements Acquired</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AssetAcquisitionLandAndLandImprovementsAcquired_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Asset Acquisition, Land And Land Improvements Acquired</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AssetAcquisitionLandAndLandImprovementsAcquired_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Land and land improvements</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of estimated future amortization of the company's real estate related intangibles</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Schedule of future amortization expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_GeorgetownTexasMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Georgetown, Texas</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_GeorgetownTexasMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Georgetown, Texas [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_GeorgetownTexasMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Georgetown, Texas</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesAuthorized_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock, Shares Authorized</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesAuthorized_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred stock, authorized (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CostsAndExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Costs and Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CostsAndExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Assets by Major Class [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_InvestmentInRealEstateAndLeaseIntangiblesPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment In Real Estate And Lease Intangibles, Policy.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_InvestmentInRealEstateAndLeaseIntangiblesPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment In Real Estate And Lease Intangibles, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_InvestmentInRealEstateAndLeaseIntangiblesPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investments in Real Estate and Lease Intangibles</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related Party Transactions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityRegistrantName_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Registrant Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mortgage Notes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregatedGrants_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Aggregated Grants</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregatedGrants_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Aggregated Grants</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregatedGrants_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Aggregated grants (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DealerManagerAgreementUpfrontSellingCommissionAndManagerFeePercentOfTransactionFeeMaximum_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percent of transaction fee, maximum, dealer manager agreement, upfront selling commission and manager fee.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DealerManagerAgreementUpfrontSellingCommissionAndManagerFeePercentOfTransactionFeeMaximum_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dealer Manager Agreement, Upfront Selling Commission And Manager Fee, Percent Of Transaction Fee, Maximum</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DealerManagerAgreementUpfrontSellingCommissionAndManagerFeePercentOfTransactionFeeMaximum_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maximum percentage of transaction price</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CustomerConcentrationRiskMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Customer Concentration Risk [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CustomerConcentrationRiskMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Customer Concentration Risk</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Asset, Expected Amortization, Year Two</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2028</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_MiddletownPropertyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents the information pertaining to Middletown property.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_MiddletownPropertyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Middletown Property [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_MiddletownPropertyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Middletown Property</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdditionalPaidInCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Additional paid-in capital</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdditionalPaidInCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Additional Paid in Capital</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdditionalPaidInCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Additional Paid in Capital, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Events</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsequent Events [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherAssetsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Assets Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherAssetsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other Assets and Other Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonClassSMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents the information pertaining to Common Class S.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonClassSMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Class S [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonClassSMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock Class S</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonClassSMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Common Class S</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Asset, Expected Amortization, Year Three</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2029</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireProductiveAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments to Acquire Productive Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireProductiveAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net cash paid at closing</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_WashingtonPropertyPurchaseAndSaleAgreementDepositMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents information pertaining to Washington property purchase and sale agreement deposit.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_WashingtonPropertyPurchaseAndSaleAgreementDepositMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Washington Property Purchase And Sale Agreement Deposit [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_WashingtonPropertyPurchaseAndSaleAgreementDepositMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Washington Property purchase and sale agreement deposit</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRepurchasedDuringPeriodValue_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Repurchase of common stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRepurchasedDuringPeriodValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Repurchased During Period, Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRepurchasedDuringPeriodValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Repurchase of common stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_NashvillePropertyPurchaseAndSaleAgreementDepositMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents information pertaining to Nashville property purchase and sale agreement deposit.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_NashvillePropertyPurchaseAndSaleAgreementDepositMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Nashville Property Purchase And Sale Agreement Deposit [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_NashvillePropertyPurchaseAndSaleAgreementDepositMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Nashville Property purchase and sale agreement deposit</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceOfCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Issuance of Common Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceOfCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Proceeds from issuance of common stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CostsAndExpensesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CostsAndExpensesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Costs and Expenses [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share Based Compensation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Common Stock, Shares Outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ManagementFeeWaivedTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Management Fee, Waived Term</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ManagementFeeWaivedTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Management Fee, Waived Term</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_ManagementFeeWaivedTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Management fee, waived term</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Granted (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unvested shares issued (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_lbl" xlink:role="http://www.xbrl.org/2009/role/netLabel">Independent directors' restricted stock grant (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Assets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Assets_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Property, Plant and Equipment [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeFinanceLeasesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Leases</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeFinanceLeasesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Finance Leases [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeStatementAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Statement [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_PropertyManagerMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Property Manager [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_PropertyManagerMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Property manager.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_PropertyManagerMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Property Manager</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseInterestPaymentOnLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Interest Payment on Liability</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseInterestPaymentOnLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest paid - finance lease</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Payment Arrangement [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share Based Payments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_FinanceLeaseInitialDirectCost_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Initial direct costs incurred by the lessee to bring a leased asset into use under a finance lease.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_FinanceLeaseInitialDirectCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Initial Direct Cost</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_FinanceLeaseInitialDirectCost_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Initial direct cost</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SaleOfStockNumberOfSharesIssuedInTransaction_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sale of Stock, Number of Shares Issued in Transaction</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SaleOfStockNumberOfSharesIssuedInTransaction_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Shares Issued (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SaleOfStockNumberOfSharesIssuedInTransaction_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred stock issued (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period, Shares, New Issues</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Issuance of common stock (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Common stock issued - primary offerings</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel">Vested (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareDiluted_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net (loss) per share of common stock - diluted (in dollars per share)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareDiluted_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnings Per Share, Diluted</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareDiluted_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Earnings Per Share, Diluted, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Asset, Expected Amortization, Year Five</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2031</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_TitleOfIndividualWithRelationshipToEntityDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Title and Position [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_TitleOfIndividualWithRelationshipToEntityDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Title of Individual [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividends, Common Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Dividends, Common Stock, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsCommonStock_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Distributions declared on common stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CityAreaCode_lbl" xlink:role="http://www.xbrl.org/2003/role/label">City Area Code</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_MiddletownPropertyPurchaseAndSaleAgreementDepositMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents information pertaining to Middletown property purchase and sale agreement deposit.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_MiddletownPropertyPurchaseAndSaleAgreementDepositMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Middletown Property Purchase And Sale Agreement Deposit [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_MiddletownPropertyPurchaseAndSaleAgreementDepositMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Middletown Property purchase and sale agreement deposit</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiabilityNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Liability, Noncurrent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiabilityNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Noncurrent lease liability - finance lease</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RepurchaseAgreementCounterpartyNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Counterparty Name [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RepurchaseAgreementCounterpartyNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Counterparty Name [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DueToAffiliatesTotal_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount payable to an entity that is affiliated with the reporting entity through direct or indirect ownership</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DueToAffiliatesTotal_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Due To Affiliates, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DueToAffiliatesTotal_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Due to affiliates</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DueToAffiliatesTotal_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Total Due to Affiliates</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_IncreaseDecreaseInOtherDeferredCostsDueToAffiliates_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Increase (decrease) in other deferred costs due to affiliates</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_IncreaseDecreaseInOtherDeferredCostsDueToAffiliates_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase (Decrease) In Other Deferred Costs Due To Affiliates</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_IncreaseDecreaseInOtherDeferredCostsDueToAffiliates_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other accrued costs due to affiliates</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_EQTPartnersBDLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">EQT Partners BD LLC [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_EQTPartnersBDLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">EQT Partners BD LLC.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_EQTPartnersBDLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">EQT Partners BD, LLC</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DealerManagerAgreementDistributionFeePercentageOfNetAssetValue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of net asset value dealer manager agreement, distribution fee.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DealerManagerAgreementDistributionFeePercentageOfNetAssetValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dealer Manager Agreement, Distribution Fee, Percentage Of Net Asset Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DealerManagerAgreementDistributionFeePercentageOfNetAssetValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Distribution fee percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_MiddletownMortgageLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents information pertaining to Middletown Mortgage Loan.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_MiddletownMortgageLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Middletown Mortgage Loan [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_MiddletownMortgageLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Middletown Mortgage Loan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MortgageLoansOnRealEstateNamePropertyTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MortgageLoansOnRealEstateNamePropertyTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Real Estate [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DealerManagerAgreementUpfrontSellingCommissionsDealerManagerFeesAndDistributionFeesMaximumPercentageOfNetAssetValue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of net asset value dealer maximum, manager agreement, upfront selling commissions, dealer manager fees, and distribution fees.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DealerManagerAgreementUpfrontSellingCommissionsDealerManagerFeesAndDistributionFeesMaximumPercentageOfNetAssetValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">DealerManagerAgreementUpfrontSellingCommissionsDealerManagerFeesAndDistributionFeesMaximumPercentageOfNetAssetValue</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DealerManagerAgreementUpfrontSellingCommissionsDealerManagerFeesAndDistributionFeesMaximumPercentageOfNetAssetValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Dealer management agreement fees and commissions, maximum percentage of NAV</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash and Cash Equivalents, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash and Cash Equivalents</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Issuance of restricted stock awards</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RetainedEarningsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Retained Earnings [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RetainedEarningsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accumulated Deficit</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensation_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Payment Arrangement, Noncash Expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensation_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Share-Based Payment Arrangement, Noncash Expense, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensation_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Non-cash compensation expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CompensationExpenseExcludingCostOfGoodAndServiceSold_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Compensation Expense, Excluding Cost of Good and Service Sold</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CompensationExpenseExcludingCostOfGoodAndServiceSold_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Annual retainer expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonClassAIIMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Common Class A-II</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonClassAIIMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Class A-II [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonClassAIIMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock Class A-II</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonClassAIIMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Class A-II Common Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_GeorgetownPropertyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents the information pertaining to Georgetown Property.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_GeorgetownPropertyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Georgetown Property [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_GeorgetownPropertyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Georgetown Property</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_StockRepurchaseNotEligibleForSaleTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Stock Repurchase, Not Eligible For Sale , Term</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_StockRepurchaseNotEligibleForSaleTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Repurchase, Not Eligible For Sale , Term</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_StockRepurchaseNotEligibleForSaleTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Term required of shares not held by company before shares can be repurchased</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfStockLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Stock [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfStockLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Significant Accounting Policies</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Provided by (Used in) Financing Activity, Including Discontinued Operation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net cash provided by financing activities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonClassTClassSAndClassDMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Common Class T, Class S And Class D</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonClassTClassSAndClassDMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Class T, Class S And Class D [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CommonClassTClassSAndClassDMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common Class T, Class S and Class D</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetAcquisitionTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Asset Acquisition [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetAcquisitionTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of purchase price allocation for the acquisitions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedThreeYears_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessor, Operating Lease, Payment to be Received, Year Three</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedThreeYears_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2029</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LeaseCostTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lease, Cost [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LeaseCostTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of fixed components of finance lease costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_IndustrialPropertyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Industrial Property [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_IndustrialPropertyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Industrial Property</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ManagementFeePayable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Management Fee Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ManagementFeePayable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Management fees remained unpaid</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_NonCashFinanceLeaseInterestExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of interest expense on Non-cash finance lease liability.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_NonCashFinanceLeaseInterestExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Non-cash finance lease interest expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_NonCashFinanceLeaseInterestExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Non-cash finance lease interest expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfRealEstatePropertiesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Real Estate Properties [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfRealEstatePropertiesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of gross carrying amount and accumulated amortization of company's investments in real estate consisted</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfRealEstatePropertiesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Schedule of real estate properties</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Interactive Data Current</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DealerManagerAgreementUpfrontDealerManagerFeePercentOfTransactionPrice_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percent of transaction price dealer manager agreement, upfront dealer manager fee.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DealerManagerAgreementUpfrontDealerManagerFeePercentOfTransactionPrice_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dealer Manager Agreement, Upfront Dealer Manager Fee, Percent Of Transaction Price</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_DealerManagerAgreementUpfrontDealerManagerFeePercentOfTransactionPrice_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Upfront dealer manager fee percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseLeaseIncomeTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Lease, Lease Income [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseLeaseIncomeTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of operating lease income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Provided by (Used in) Operating Activity, Including Discontinued Operation [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">CASH FLOWS FROM OPERATING ACTIVITIES</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate, Type of Property [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Real Estate, Type of Property [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashEquivalentsAtCarryingValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Equivalents, at Carrying Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashEquivalentsAtCarryingValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash equivalents</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockDividendsPerShareDeclared_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Dividends, Per Share, Declared</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockDividendsPerShareDeclared_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock, dividends declared (in dollars per share)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SchedulesOfConcentrationOfRiskByRiskFactorTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedules of Concentration of Risk, by Risk Factor [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SchedulesOfConcentrationOfRiskByRiskFactorTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedules of concentration risk</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Tax Identification Number</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_SaleOfStockThresholdForReleaseOfFundsHeldInEscrowInvestorFundsReceived_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Sale Of Stock, Threshold For Release Of Funds Held In Escrow, Investor Funds Received</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_SaleOfStockThresholdForReleaseOfFundsHeldInEscrowInvestorFundsReceived_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sale Of Stock, Threshold For Release Of Funds Held In Escrow, Investor Funds Received</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_SaleOfStockThresholdForReleaseOfFundsHeldInEscrowInvestorFundsReceived_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Minimum investor funds received for release of escrow</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RevenuesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Revenues</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RevenuesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Revenues [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_RedeemableNonControllingInterestMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Redeemable Non-Controlling Interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_RedeemableNonControllingInterestMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Redeemable Non-Controlling Interest [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_RedeemableNonControllingInterestMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Redeemable non-controlling interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongtermDebtTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Debt, Type [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RedeemableNoncontrollingInterestTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Redeemable Noncontrolling Interest [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RedeemableNoncontrollingInterestTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of changes to redeemable noncontrolling interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_LocalPhoneNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Local Phone Number</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_RealEstateAndAccumulatedDepreciationAndDescriptionOfPropertyAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">It represents real estate and accumulated depreciation and description of property axis.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_RealEstateAndAccumulatedDepreciationAndDescriptionOfPropertyAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate and Accumulated Depreciation and Description of Property [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_PrimaryOfferingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents the information pertaining to Primary offering.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_PrimaryOfferingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Primary Offering [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_PrimaryOfferingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Primary offering</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredClassAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Class A [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredClassAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred Class A</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Liability, to be Paid, Year Two</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2028</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Offering costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments to Additional Paid in Capital, Stock Issued, Issuance Costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CashPaymentForCompensationExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Cash Payment For Compensation Expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CashPaymentForCompensationExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Payment For Compensation Expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_CashPaymentForCompensationExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash payment for compensation expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_RealEstateAndAccumulatedDepreciationAndDescriptionOfPropertyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">It represents real estate and accumulated depreciation and description of property domain.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_RealEstateAndAccumulatedDepreciationAndDescriptionOfPropertyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate and Accumulated Depreciation and Description of Property [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountingPoliciesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Summary of Significant Accounting Policies</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountingPoliciesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accounting Policies [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AnnualizedBaseRentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Annualized Base Rent [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AnnualizedBaseRentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Annualized base rent.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001946997_AnnualizedBaseRentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Annualized Base Rent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesDividendReinvestmentPlan_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period, Shares, Dividend Reinvestment Plan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesDividendReinvestmentPlan_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Distribution reinvestments (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesDividendReinvestmentPlan_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Common stock issued - distribution reinvestment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfStockDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Stock [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfStockDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class of Stock [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Available for Grant</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares of common stock available for issuance (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Remaining Amortization Period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfStockByClassTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock, Class of Stock [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfStockByClassTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Stock by Class [Table]</link:label>
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  <xsd:element id="ck0001946997_TemporaryEquityDistribution" name="TemporaryEquityDistribution" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001946997_GeorgetownPropertyClosingCostsMember" name="GeorgetownPropertyClosingCostsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_NashvillePropertyClosingCostsMember" name="NashvillePropertyClosingCostsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_PropertyManagementFees" name="PropertyManagementFees" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001946997_ManagementFeePercentOfNetAssetValueSharesNotOwnedByCompany" name="ManagementFeePercentOfNetAssetValueSharesNotOwnedByCompany" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0001946997_CommonClassTMember" name="CommonClassTMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_AssetAcquisitionBuildingsAndBuildingImprovements" name="AssetAcquisitionBuildingsAndBuildingImprovements" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001946997_EQRTOPMember" name="EQRTOPMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_ShoalsTechnologiesGroupLlcMember" name="ShoalsTechnologiesGroupLlcMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_MiddletownPropertyPurchaseAndSaleAgreementDepositMember" name="MiddletownPropertyPurchaseAndSaleAgreementDepositMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_StockRepurchaseThresholdNAVOfUnitsHeldByPartiesOtherThanCompanyValue" name="StockRepurchaseThresholdNAVOfUnitsHeldByPartiesOtherThanCompanyValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001946997_AssetAcquisitionAssetsAcquiredAndLiabilitiesAssumedNet" name="AssetAcquisitionAssetsAcquiredAndLiabilitiesAssumedNet" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001946997_AssetAcquisitionLandAndLandImprovementsAcquired" name="AssetAcquisitionLandAndLandImprovementsAcquired" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001946997_ManagementFeesMember" name="ManagementFeesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_NumberOfExtensionOptions" name="NumberOfExtensionOptions" type="xbrli:integerItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001946997_ScenarioOneMember" name="ScenarioOneMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_DealerManagerAgreementUpfrontSellingCommissionPaid" name="DealerManagerAgreementUpfrontSellingCommissionPaid" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001946997_PrimaryOfferingMember" name="PrimaryOfferingMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregatedGrants" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregatedGrants" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0001946997_FinanceLeaseCosts" name="FinanceLeaseCosts" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001946997_DistributionFeeDeclaredPerShareOfCommonStock" name="DistributionFeeDeclaredPerShareOfCommonStock" type="dtr-types:perShareItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001946997_ManagementFeeWaivedTerm" name="ManagementFeeWaivedTerm" type="xbrli:durationItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001946997_DistributionFeesMember" name="DistributionFeesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_SaleOfStockCommitmentToPurchaseStock" name="SaleOfStockCommitmentToPurchaseStock" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001946997_FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortizationRecognitionOfFinanceLeaseFromAcquisitions" name="FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortizationRecognitionOfFinanceLeaseFromAcquisitions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001946997_MiddletownPropertyClosingCostsMember" name="MiddletownPropertyClosingCostsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_WashingtonPropertyPurchaseAndSaleAgreementDepositMember" name="WashingtonPropertyPurchaseAndSaleAgreementDepositMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_CommonClassAIIMember" name="CommonClassAIIMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_PropertyManagementAgreementTermOfAgreement" name="PropertyManagementAgreementTermOfAgreement" type="xbrli:durationItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001946997_CommonClassTClassSAndClassDMember" name="CommonClassTClassSAndClassDMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_ManagementFeePercentageOfNetAssetValue" name="ManagementFeePercentageOfNetAssetValue" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0001946997_PercentageOfReturnOfCapital" name="PercentageOfReturnOfCapital" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001946997_GeorgetownTexasMember" name="GeorgetownTexasMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_FinanceLeaseInitialDirectCost" name="FinanceLeaseInitialDirectCost" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001946997_DealerManagerMember" name="DealerManagerMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_ErrorCorrectionPolicyTextBlock" name="ErrorCorrectionPolicyTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001946997_DealerManagerAgreementUpfrontSellingCommissionPercentOfTransactionPriceMaximum" name="DealerManagerAgreementUpfrontSellingCommissionPercentOfTransactionPriceMaximum" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0001946997_PreferredStockRedemptionPremiumPerShare" name="PreferredStockRedemptionPremiumPerShare" type="dtr-types:perShareItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0001946997_StateFarmPortfolioMortgageLoanMember" name="StateFarmPortfolioMortgageLoanMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_EQTPartnersBDLLCMember" name="EQTPartnersBDLLCMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_DealerManagerAgreementUpfrontSellingCommissionAndManagerFeePercentOfTransactionFeeMaximum" name="DealerManagerAgreementUpfrontSellingCommissionAndManagerFeePercentOfTransactionFeeMaximum" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0001946997_NetDistributionsDeclaredPerShareOfCommonStock" name="NetDistributionsDeclaredPerShareOfCommonStock" type="dtr-types:perShareItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001946997_MiddletownMortgageLoanMember" name="MiddletownMortgageLoanMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_WashingtonPropertyClosingCostsMember" name="WashingtonPropertyClosingCostsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_InvestmentInRealEstateAndLeaseIntangiblesPolicyPolicyTextBlock" name="InvestmentInRealEstateAndLeaseIntangiblesPolicyPolicyTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001946997_NumberOfIndependentDirectors" name="NumberOfIndependentDirectors" type="xbrli:integerItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0001946997_NashvillePropertyPurchaseAndSaleAgreementDepositMember" name="NashvillePropertyPurchaseAndSaleAgreementDepositMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_OfferingPursuantToDistributionReinvestmentPlanMember" name="OfferingPursuantToDistributionReinvestmentPlanMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_PropertyManagementFeeMember" name="PropertyManagementFeeMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_DistributionReinvestment" name="DistributionReinvestment" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001946997_AdvisoryAgreementPerformanceBenchmarkAnnualHurdleAmount" name="AdvisoryAgreementPerformanceBenchmarkAnnualHurdleAmount" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0001946997_DistributionFeeAcquired" name="DistributionFeeAcquired" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001946997_ShareRepurchaseProgramEarlyRepurchaseDeductionPercentageOfTransactionPrice" name="ShareRepurchaseProgramEarlyRepurchaseDeductionPercentageOfTransactionPrice" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0001946997_DealerManagerAgreementUpfrontDealerManagerFeePercentOfTransactionPrice" name="DealerManagerAgreementUpfrontDealerManagerFeePercentOfTransactionPrice" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0001946997_AssetAcquisitionTenantOriginationCosts" name="AssetAcquisitionTenantOriginationCosts" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001946997_CommonClassTClassSClassDAndClassISharesMember" name="CommonClassTClassSClassDAndClassISharesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_GafEnergyLlcMember" name="GafEnergyLlcMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_MiddletownPropertyMember" name="MiddletownPropertyMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_WashingtonPropertyMember" name="WashingtonPropertyMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_SaleOfStockThresholdForReleaseOfFundsHeldInEscrowInvestorFundsReceived" name="SaleOfStockThresholdForReleaseOfFundsHeldInEscrowInvestorFundsReceived" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001946997_NashvillePropertyMember" name="NashvillePropertyMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_StockRepurchaseNotEligibleForSaleTerm" name="StockRepurchaseNotEligibleForSaleTerm" type="xbrli:durationItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001946997_StockRepurchaseMonthlyStockRepurchaseMaximum" name="StockRepurchaseMonthlyStockRepurchaseMaximum" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0001946997_NonCashFinanceLeaseInterestExpense" name="NonCashFinanceLeaseInterestExpense" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001946997_NumberOfAcquiredRealEstateInvestments" name="NumberOfAcquiredRealEstateInvestments" type="xbrli:integerItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001946997_CommonClassIMember" name="CommonClassIMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_GeorgetownPropertyMember" name="GeorgetownPropertyMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_RealEstateAndAccumulatedDepreciationAndDescriptionOfPropertyDomain" name="RealEstateAndAccumulatedDepreciationAndDescriptionOfPropertyDomain" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_AdvisoryAgreementPerformanceParticipationInterestPercentOfAnnualTotalReturn" name="AdvisoryAgreementPerformanceParticipationInterestPercentOfAnnualTotalReturn" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0001946997_Amazon.comServicesLlcMember" name="Amazon.comServicesLlcMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_OperatingExpensePolicyPolicyTextBlock" name="OperatingExpensePolicyPolicyTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001946997_AssetAcquisitionLeaseLiabilityFinanceLease" name="AssetAcquisitionLeaseLiabilityFinanceLease" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001946997_FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortizationAdjustment" name="FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortizationAdjustment" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001946997_TenantOriginationCostsMember" name="TenantOriginationCostsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_CommonClassEMember" name="CommonClassEMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodRemainingAmortizationPeriod" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodRemainingAmortizationPeriod" type="xbrli:durationItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001946997_PerformanceParticipationAllocationMember" name="PerformanceParticipationAllocationMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_DealerManagerAgreementDistributionFee" name="DealerManagerAgreementDistributionFee" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001946997_PropertyManagementAgreementRepaymentOfAdvancesTerm" name="PropertyManagementAgreementRepaymentOfAdvancesTerm" type="xbrli:durationItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001946997_ShareRepurchasePlanEarlyRepurchaseDeductionTermOfSharesOutstandingMinimum" name="ShareRepurchasePlanEarlyRepurchaseDeductionTermOfSharesOutstandingMinimum" type="xbrli:durationItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001946997_FinanceLeaseLiabilityTableTextBlock" name="FinanceLeaseLiabilityTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001946997_AssetAcquisitionInPlaceLeaseIntangibles" name="AssetAcquisitionInPlaceLeaseIntangibles" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001946997_SpecialLimitedPartnerMember" name="SpecialLimitedPartnerMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_CashPaymentForCompensationExpense" name="CashPaymentForCompensationExpense" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001946997_PreferredStockIssuedToEightOfficersAndEmployeesOfTheAdviserAndItsAffiliatesMember" name="PreferredStockIssuedToEightOfficersAndEmployeesOfTheAdviserAndItsAffiliatesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_ScenarioTwoMember" name="ScenarioTwoMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_DistributionsMadeToShareholdersOfCommonStockPerShareTableTextBlock" name="DistributionsMadeToShareholdersOfCommonStockPerShareTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001946997_ExeterPropertyGroupAdvisorsLLCMember" name="ExeterPropertyGroupAdvisorsLLCMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_AssetAcquisitionRightOfUseAssetsFinanceLease" name="AssetAcquisitionRightOfUseAssetsFinanceLease" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001946997_ReimbursementToRelatedPartyAdvanceForOfferingExpensesPeriodOfReimbursement" name="ReimbursementToRelatedPartyAdvanceForOfferingExpensesPeriodOfReimbursement" type="xbrli:durationItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001946997_DeferredFinancingCostsPolicyTextBlock" name="DeferredFinancingCostsPolicyTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001946997_RealEstateAndAccumulatedDepreciationAndDescriptionOfPropertyAxis" name="RealEstateAndAccumulatedDepreciationAndDescriptionOfPropertyAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_NetAssetValueThresholdForAdvancesUnderAdvisoryAgreement" name="NetAssetValueThresholdForAdvancesUnderAdvisoryAgreement" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001946997_PropertyManagementAgreementTerminationNoticeRequired" name="PropertyManagementAgreementTerminationNoticeRequired" type="xbrli:durationItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001946997_EQTRealEstateAdvisorsLLCMember" name="EQTRealEstateAdvisorsLLCMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_AdviserMember" name="AdviserMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_FinanceLeaseRightOfUseAssetTableTextBlock" name="FinanceLeaseRightOfUseAssetTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001946997_LightManufacturingAndDistributionWarehouseFacilityMember" name="LightManufacturingAndDistributionWarehouseFacilityMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_IncreaseDecreaseInOtherDeferredCostsDueToAffiliates" name="IncreaseDecreaseInOtherDeferredCostsDueToAffiliates" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001946997_AnnualizedBaseRentMember" name="AnnualizedBaseRentMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_AssetAcquisitionWorkingCapitalAssumed" name="AssetAcquisitionWorkingCapitalAssumed" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001946997_LeaseReceivablesMember" name="LeaseReceivablesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_DealerManagerAgreementDistributionFeePercentageOfNetAssetValue" name="DealerManagerAgreementDistributionFeePercentageOfNetAssetValue" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0001946997_GeorgetownPropertyPurchaseAndSaleAgreementDepositMember" name="GeorgetownPropertyPurchaseAndSaleAgreementDepositMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_AdvisoryAgreementReimbursementOfOrganizationAndOperatingExpensesTerm" name="AdvisoryAgreementReimbursementOfOrganizationAndOperatingExpensesTerm" type="xbrli:durationItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001946997_AnnualizedBaseRentPerSquareFeet" name="AnnualizedBaseRentPerSquareFeet" type="dtr-types:areaItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001946997_AdvisersMember" name="AdvisersMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_ECommerceIndustryMember" name="ECommerceIndustryMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_ShareRepurchasePlanEarlyRepurchaseDeductionMinimumAccountBalanceRequired" name="ShareRepurchasePlanEarlyRepurchaseDeductionMinimumAccountBalanceRequired" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001946997_OrganizationAndOfferingCostsMember" name="OrganizationAndOfferingCostsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_ClassEUnitsMember" name="ClassEUnitsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_AverageAnnualizedBaseRentPerSquareFeet" name="AverageAnnualizedBaseRentPerSquareFeet" type="dtr-types:areaItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0001946997_PrincipalExecutiveOfficerMember" name="PrincipalExecutiveOfficerMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_NumberOfClassesOfStock" name="NumberOfClassesOfStock" type="xbrli:integerItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0001946997_SellingCommissionAndUpfrontDealerManagerFees" name="SellingCommissionAndUpfrontDealerManagerFees" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001946997_CommonClassDMember" name="CommonClassDMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_PropertyManagerMember" name="PropertyManagerMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_IncreaseDecreaseInDeferredOfferingCostsDueToAffiliates" name="IncreaseDecreaseInDeferredOfferingCostsDueToAffiliates" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001946997_CommonClassaIClassaIiClassIAndClassESharesMember" name="CommonClassaIClassaIiClassIAndClassESharesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_RedeemableNonControllingInterestMember" name="RedeemableNonControllingInterestMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_SaleOfStockMaximumExpectedConsiderationReceivedOnTransaction" name="SaleOfStockMaximumExpectedConsiderationReceivedOnTransaction" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001946997_OtherAssetsAndOtherLiabilitiesDisclosureAbstract" name="OtherAssetsAndOtherLiabilitiesDisclosureAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_CommonStockClassTClassSClassDClassIAndClassEMember" name="CommonStockClassTClassSClassDClassIAndClassEMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_CommonClassSMember" name="CommonClassSMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_EQTEBrokerageLLCMember" name="EQTEBrokerageLLCMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001946997_ThresholdAggregateNetAssetValueToDetermineAdvanceForGeneralAndAdministrativeExpenses" name="ThresholdAggregateNetAssetValueToDetermineAdvanceForGeneralAndAdministrativeExpenses" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
</xsd:schema>
