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          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_PartnersCapitalAccountDistributionPerUnitOfLimitedPartnerInterest" xlink:label="us-gaap_PartnersCapitalAccountDistributionPerUnitOfLimitedPartnerInterest"/>
          <link:loc xlink:type="locator" xlink:href="ck0001929017-20260630.xsd#ck0001929017_CashContributionToJointVenture" xlink:label="ck0001929017_CashContributionToJointVenture"/>
          <link:loc xlink:type="locator" xlink:href="ck0001929017-20260630.xsd#ck0001929017_RealEstateInvestmentPropertyNetTaxBasis" xlink:label="ck0001929017_RealEstateInvestmentPropertyNetTaxBasis"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_LessorOperatingLeasePaymentsToBeReceivedThereafter" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedThereafter"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ProceedsFromDispositionOfInvestmentOperatingActivity" xlink:label="us-gaap_ProceedsFromDispositionOfInvestmentOperatingActivity"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RealEstatePropertiesAxis" xlink:label="us-gaap_RealEstatePropertiesAxis"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CapitalUnitClassAMember" xlink:label="us-gaap_CapitalUnitClassAMember"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_PaymentsOfDistributionsToAffiliates" xlink:label="us-gaap_PaymentsOfDistributionsToAffiliates"/>
          <link:loc xlink:type="locator" xlink:href="ck0001929017-20260630.xsd#ck0001929017_PrepaidDistributionFees" xlink:label="ck0001929017_PrepaidDistributionFees"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityAddressPostalZipCode" xlink:label="dei_EntityAddressPostalZipCode"/>
          <link:loc xlink:type="locator" xlink:href="ck0001929017-20260630.xsd#ck0001929017_RecoveryOfDistributionFees" xlink:label="ck0001929017_RecoveryOfDistributionFees"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="us-gaap_StatementOfFinancialPositionAbstract"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LocalPhoneNumber" xlink:label="dei_LocalPhoneNumber"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FederalIncomeTaxExpenseBenefitContinuingOperations" xlink:label="us-gaap_FederalIncomeTaxExpenseBenefitContinuingOperations"/>
          <link:loc xlink:type="locator" xlink:href="ck0001929017-20260630.xsd#ck0001929017_GPAndOfficersOfSealyMember" xlink:label="ck0001929017_GPAndOfficersOfSealyMember"/>
          <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="ck0001929017_AcquisitionFeesPercentFee_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Acquisition Fees, Percent Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquisitionFeesPercentFee_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The percentage charged for acquisition-related expenses.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquisitionFeesPercentFee_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Acquisition fee, percent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GeneralPartnersCapitalAccountUnitsOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">General Partners' Capital Account, Units Outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GeneralPartnersCapitalAccountUnitsOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">General Partners' capital, units outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquiredInPlaceLeasesAmortizationIncomeAfterYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Acquired In Place Leases, Amortization Income, after Year Four</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquiredInPlaceLeasesAmortizationIncomeAfterYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of amortization income for lease to be recognized after fourth fiscal year following current fiscal year. Such amount may include the value assigned to existing tenant relationships and excludes the market adjustment component of the value assigned for above or below-market leases acquired.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquiredInPlaceLeasesAmortizationIncomeAfterYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Thereafter</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketIntangibleLeaseAssetAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Above Market Intangible Lease Asset Amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketIntangibleLeaseAssetAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Above market intangible lease asset amortization.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketIntangibleLeaseAssetAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Above market intangible lease asset</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ecd_TradingArrAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Trading Arrangement [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ecd_TradingArrAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Trading Arrangement:</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_LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2026</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_RecurringDistributionFeePercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Distribution fee, percent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_RecurringDistributionFeePercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Recurring Distribution Fee, Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_RecurringDistributionFeePercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of annual rate of recurring distribution fee withheld from the investors distributions, based on Class R Unit value.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock, Shares Issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred shares issued</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">Credit Facilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total lease liability</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total lease liability</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Lease, Liability</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsidiary, Ownership Percentage, Noncontrolling Owner</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ownership interest percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ecd_TrdArrIndName_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Trading Arrangement, Individual Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ecd_TrdArrIndName_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_MaximumExposureToLossOnVariableInterestEntityInvestmentBalance_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Maximum exposure to loss on variable interest entity investment balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_MaximumExposureToLossOnVariableInterestEntityInvestmentBalance_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Maximum exposure to loss on variable interest entity investment balance.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AndersonIndianaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Anderson, Indiana</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AndersonIndianaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Anderson Indiana [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AndersonIndianaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Anderson indiana.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Line of credit outstanding amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Line of Credit</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Long-Term Line of Credit, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Secured revolving credit facility (Note 6)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LimitedPartnersCapitalAccountUnitsOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Limited Partners' Capital Account, Units Outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LimitedPartnersCapitalAccountUnitsOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Limited Partners' capital, units outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_RealEstateInvestmentPropertyNetAmountHigherThanBookValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Real estate assets net amount higher than book basis</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_RealEstateInvestmentPropertyNetAmountHigherThanBookValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate Investment Property Net Amount Higher Than Book Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_RealEstateInvestmentPropertyNetAmountHigherThanBookValue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Real Estate Investment Property Net Amount Higher Than Book Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ecd_TradingArrByIndTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Trading Arrangements, by Individual [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ecd_TradingArrByIndTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Trading Arrangements, by Individual</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquiredInPlaceLeasesAmortizationIncomeYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Acquired In Place Leases, Amortization Income, Year Two</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquiredInPlaceLeasesAmortizationIncomeYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of amortization income for lease to be recognized in second fiscal year following current fiscal year. Such amount may include the value assigned to existing tenant relationships and excludes the market adjustment component of the value assigned for above or below-market leases acquired.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquiredInPlaceLeasesAmortizationIncomeYearTwo_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_DebtInstrumentBasisSpreadOnVariableRate1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Basis Spread on Variable Rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Floating, interest rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_FormationContributionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Formation Contribution [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_FormationContributionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Formation contribution.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_FormationContributionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Formation Contribution</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ScheduleOfJointVentureValuesFromConsolidatedBalanceSheetsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Joint Venture Values From Consolidated Balance Sheets [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ScheduleOfJointVentureValuesFromConsolidatedBalanceSheetsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Schedule of joint venture values from consolidated balance sheets.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ScheduleOfJointVentureValuesFromConsolidatedBalanceSheetsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Joint Venture Values from Consolidated Balance Sheets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommitmentsAndContingencies_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commitments and Contingencies</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommitmentsAndContingencies_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Commitments and contingencies (Note 8)</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="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted average number of Units 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/verboseLabel">Weighted average number of Units outstanding - Diluted</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_FinancingCoordinationFeePercent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Coordination Fee, Percent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_FinancingCoordinationFeePercent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financing coordination fee, percent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_FinancingCoordinationFeePercent_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of the principal amount of new or refinanced loans payable to related parties as financing coordination fee.</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="ck0001929017_PropertyTaxesAndInsurance_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Property taxes and insurance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PropertyTaxesAndInsurance_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Property Taxes And Insurance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PropertyTaxesAndInsurance_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Property taxes and insurance.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstatePolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstatePolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Real estate assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ecd_TrdArrExpirationDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Trading Arrangement Expiration Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ecd_TrdArrExpirationDate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Expiration Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LessorOperatingLeasePaymentsToBeReceivedExcludingBaseRentTwoYears_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessor Operating Lease Payments To Be Received Excluding Base Rent Two Years</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LessorOperatingLeasePaymentsToBeReceivedExcludingBaseRentTwoYears_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Lessor operating lease payments to be received excluding base rent two years.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LessorOperatingLeasePaymentsToBeReceivedExcludingBaseRentTwoYears_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Base rent excluded in 2028</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 Offering</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquiredInPlaceLeasesAmortizationIncomeYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Acquired In Place Leases Amortization Income Year Five</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquiredInPlaceLeasesAmortizationIncomeYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Acquired in place leases amortization income year five.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquiredInPlaceLeasesAmortizationIncomeYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2030</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_BeneficialInterestsMaximumOfferingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Beneficial Interests Maximum Offering Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_BeneficialInterestsMaximumOfferingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Beneficial interests maximum offering amount.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_BeneficialInterestsMaximumOfferingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Beneficial interests maximum offering amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LandImprovementsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Land Improvements [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LandImprovementsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Land Improvements</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment, Name [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PropertyManagementFeePercentFee_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Property Management Fee, Percent Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PropertyManagementFeePercentFee_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Property management fees, percent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_CostMethodInvestmentOwnershipPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cost method investment, ownership percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_CostMethodInvestmentOwnershipPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Cost method investment, ownership percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_CostMethodInvestmentOwnershipPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Beneficial interest percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentFaceAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Face Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentFaceAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt instrument, face amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_BrokerDealerAgreementCostsPayableToRelatedParties_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Broker Dealer Agreement Costs Payable To Related Parties</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_BrokerDealerAgreementCostsPayableToRelatedParties_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount payable to related parties under broker-dealer agreement.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_BrokerDealerAgreementCostsPayableToRelatedParties_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Costs pursuant to the broker-dealer agreement payable to SIS</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxExpenseBenefit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Tax Expense (Benefit)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxExpenseBenefit_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Income Tax Expense (Benefit), Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxExpenseBenefit_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Income taxes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxExpenseBenefit_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Income tax provision</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherNonoperatingIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Nonoperating Income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherNonoperatingIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SeniorSecuredFacilitiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Senior Secured Facilities [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SeniorSecuredFacilitiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Senior secured facilities.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SeniorSecuredFacilitiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Senior Secured Facilities</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="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="ck0001929017_IncrementalBorrowingRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Incremental Borrowing Rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_IncrementalBorrowingRate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Incremental Borrowing Rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_IncrementalBorrowingRate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Incremental borrowing rate, percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountUnitsSoldInPrivatePlacement_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel"># of Units Issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountUnitsSoldInPrivatePlacement_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Partners' Capital Account, Units, Sold in Private Placement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RepaymentsOfLinesOfCredit_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Repayments of revolving credit facility</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RepaymentsOfLinesOfCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Repayments of Lines of Credit</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Line of Credit Facility, Maximum Borrowing Capacity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Borrowing capacity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LandImprovements_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Land Improvements</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LandImprovements_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Land improvements</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_RealEstatePropertiesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate Properties [Line Items]</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_DebtInstrumentDateOfFirstRequiredPayment1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Date of first required payment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentDateOfFirstRequiredPayment1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Date of First Required Payment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentsIncorporatedByReferenceTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Documents Incorporated by Reference [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityUndiscountedExcessAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Operating Lease, Liability, Undiscounted Excess Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityUndiscountedExcessAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Difference between undiscounted cash flows and discounted cash flow</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityUndiscountedExcessAmount_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Difference between undiscounted cash flows and discounted cash flow</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_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="ck0001929017_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="ck0001929017_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="ck0001929017_DSTPropertyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">DST Property [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_DSTPropertyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">DST property.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_DSTPropertyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">DST Property</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentPaymentTerms_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Payment Terms</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentPaymentTerms_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Payment term</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 expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketLeaseAssetWeighted-AverageAmortizationPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Above Market Lease Asset, Weighted-Average Amortization Period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketLeaseAssetWeighted-AverageAmortizationPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Weighted average amortization period of above market intangible lease asset, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketLeaseAssetWeighted-AverageAmortizationPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Weighted average amortization period (years)</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="ck0001929017_AboveMarketLeaseAmortizationIncomeYearThree_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Above Market Lease, Amortization Income, Year Three</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketLeaseAmortizationIncomeYearThree_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of amortization income for lease with finite life acquired as part of real property acquisition at above market lease rate expected to be recognized in third fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketLeaseAmortizationIncomeYearThree_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2029</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_VellodiTrustMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Vellodi Trust [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_VellodiTrustMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Vellodi trust.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_VellodiTrustMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Vellodi Trust</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_DistributionMadeToLimitedPartnerDateOfRecordDescription_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Distribution made to limited partner date of record</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_DistributionMadeToLimitedPartnerDateOfRecordDescription_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Distribution Made To Limited Partner Date of Record Description</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_DistributionMadeToLimitedPartnerDateOfRecordDescription_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Distribution made to limited partner date of record description.</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/totalLabel">General and Administrative Expense, Total</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</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="ck0001929017_AccountingPoliciesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accounting Policies [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AccountingPoliciesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Accounting policies.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentFinStmtErrorCorrectionFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Financial Statement Error Correction [Flag]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SubordinatedParticipationInterests_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subordinated Participation Interests</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SubordinatedParticipationInterests_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Subordinated Participation Interests.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SubordinatedParticipationInterests_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subordinated participation interests</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeaseExistenceOfOptionToExtend_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessor, Operating Lease, Existence of Option to Extend [true false]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeaseExistenceOfOptionToExtend_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Options to extend the lease term</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ClassRLimitedPartnersMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class R Limited Partners [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ClassRLimitedPartnersMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Class R Limited Partners.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ClassRLimitedPartnersMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class R Limited Partners</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Land_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Land</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Land_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Land</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Land_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Land, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_IcfrAuditorAttestationFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/label">ICFR Auditor Attestation Flag</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ReturnOfInvestmentFromDST_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Return of investment from DST</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ReturnOfInvestmentFromDST_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Return of investment from DST.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ReturnOfInvestmentFromDST_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Return of investment from DST</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_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">Earnings per Unit, basic</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_NoncashInterestExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Noncash interest expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_NoncashInterestExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Noncash interest expense.</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="us-gaap_ProceedsFromSaleOfPropertyHeldForSale_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Sale, Property, Held-for-Sale</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromSaleOfPropertyHeldForSale_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Gross proceeds from sale of industrial property</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquiredValueOfInPlaceLeasesIntangiblesAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Acquired value of in-place leases</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquiredValueOfInPlaceLeasesIntangiblesAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Acquired Value Of In Place Leases Intangibles Amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquiredValueOfInPlaceLeasesIntangiblesAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Acquired value of in place leases intangibles amortization.</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="ck0001929017_OfferingCostsPayableToRelatedParties_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Offering Costs Payable To Related Parties</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_OfferingCostsPayableToRelatedParties_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount payable to related parties for offering-related costs.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_OfferingCostsPayableToRelatedParties_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Offering-Related Costs payable to Sealy</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseLiabilitiesPaymentsDueAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Operating Lease, Liability, to be Paid, Fiscal Year Maturity [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseAmortizationIncomeYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Below Market Lease, Amortization Income, Year Five</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseAmortizationIncomeYearFive_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">2030</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">Security deposit liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_IncreaseInAccruedIssuanceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase in accrued issuance costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_IncreaseInAccruedIssuanceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Increase in accrued issuance costs.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Method Investments and Joint Ventures [Abstract]</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/verboseLabel">Fixed interest rate</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">Fixed, interest rate</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">Intangible Asset, Finite-Lived, and Capitalized Cost, Software to be Sold, Leased, or Marketed, Estimated 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 Future Amortization of Acquired Lease Intangibles</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_TenantRentReceivablesAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Tenant Rent Receivables Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_TenantRentReceivablesAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents the outstanding rent receivables from the tenant as of reporting date.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_TenantRentReceivablesAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Rent receivables</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ElPasoTexasMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">El Paso, Texas [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ElPasoTexasMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">El Paso, Texas.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ElPasoTexasMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">El Paso, Texas</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_EarnestMoneyDeposit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnest money deposit</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_EarnestMoneyDeposit_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Earnest money deposit.</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_NetIncomeLossAllocatedToGeneralPartners_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Income (Loss) Allocated to General Partners</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAllocatedToGeneralPartners_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net loss attributable to General Partner</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_Security12bTitle_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Title of 12(b) Security</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseAmortizationIncomeNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Below Market Lease, Amortization Income, Year One</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseAmortizationIncomeNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">2027</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentFrequencyOfPeriodicPayment_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Frequency of periodic payments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentFrequencyOfPeriodicPayment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Frequency of Periodic Payment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Equity Method Investments [Line Items]</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 shares aggregate consideration before expenses</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_FiniteLivedIntangibleAssetAcquiredInPlaceLeases_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Asset, Acquired-in-Place Leases</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetAcquiredInPlaceLeases_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_FiniteLivedIntangibleAssetAcquiredInPlaceLeases_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Acquired value of in-place leases, net of accumulated amortization of $21,179 and $15,691 as of June 30, 2026 and December 31, 2025, respectively</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PreferredStockDividendsAnnualRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock Dividends Annual Rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PreferredStockDividendsAnnualRate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Preferred stock dividends annual rate.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PreferredStockDividendsAnnualRate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Dividend annual rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_NumberOfRealEstatePropertiesSold_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Real Estate Properties Sold</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_NumberOfRealEstatePropertiesSold_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of real estate properties sold.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_NumberOfRealEstatePropertiesSold_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of properties sold</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="us-gaap_PartnersCapitalAccountContributions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Contributions, net of issuance costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountContributions_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Contributions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountContributions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">DRIP Contributions</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">Impairment of real estate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredUnitsPreferredPartnersCapitalAccounts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Units, Preferred Partners' Capital Accounts</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredUnitsPreferredPartnersCapitalAccounts_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Preferred Units, Preferred Partners' Capital Accounts, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredUnitsPreferredPartnersCapitalAccounts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Series A preferred equity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAllocatedToLimitedPartners_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Income (Loss) Allocated to Limited Partners</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAllocatedToLimitedPartners_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net income (loss) attributable to Limited Partners</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAllocatedToLimitedPartners_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Net loss attributable to Limited Partners</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAllocatedToLimitedPartners_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net loss attributable to Limited Partners</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableRateAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Rate [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceOfPrivatePlacement_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Issuance of Private Placement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceOfPrivatePlacement_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Proceeds</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_EquityMethodInvestmentPercentageOfOwnershipSold_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of beneficial interest sold</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_EquityMethodInvestmentPercentageOfOwnershipSold_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Method Investment Percentage of Ownership Sold</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_EquityMethodInvestmentPercentageOfOwnershipSold_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Equity method investment percentage of ownership sold.</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">Cash paid for interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestPaidNet_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Cash paid for interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseAmortizationIncomeYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Below Market Lease, Amortization Income, Year Two</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseAmortizationIncomeYearTwo_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">2028</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketRentLeaseIntangibles_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Above market rent lease intangibles</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketRentLeaseIntangibles_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Above Market Rent Lease Intangibles</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketRentLeaseIntangibles_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Above market rent lease intangibles.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceOfLongTermDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Proceeds from term loan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceOfLongTermDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Issuance of Long-Term Debt</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceOfLongTermDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Proceeds from Issuance of Long-Term Debt, Total</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="ck0001929017_ContributionsInTransit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Contributions In Transit</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ContributionsInTransit_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Contributions in transit.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ContributionsInTransit_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Contributions in transit</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Operating Lease, Liability, to be Paid, Year One</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths_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_RealEstateInvestmentPropertyNetAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate Investment Property, Net [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateInvestmentPropertyNetAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Real estate assets, at cost:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LifeToDateRedemptionsToPartnersCapitalAccount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Life to Date Redemptions to Partners Capital Account</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LifeToDateRedemptionsToPartnersCapitalAccount_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Life-to-date redemptions to partners capital account</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LifeToDateRedemptionsToPartnersCapitalAccount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Redemptions</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">Real Estate [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_CapitalUnitClassIMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class I Units</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_CapitalUnitClassIMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Capital Unit Class I [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_CapitalUnitClassIMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Capital unit class I.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_CapitalUnitClassIMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Class I</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseAmortizationIncomeYearThree_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Below Market Lease, Amortization Income, Year Three</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseAmortizationIncomeYearThree_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">2029</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PrepaidExpensesAndOtherAssetsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Prepaid expenses and other assets [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PrepaidExpensesAndOtherAssetsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Prepaid expenses and other assets.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PrepaidExpensesAndOtherAssetsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Prepaid expenses and other assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PreferredUnitsOfferingCostsPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Units Offering Costs Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PreferredUnitsOfferingCostsPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Preferred units offering costs per share.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PreferredUnitsOfferingCostsPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred shareholders offering costs per share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_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="ck0001929017_PropertyManagementFees_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The cost incurred from managing real estate properties.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_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="ck0001929017_AreaOfRealEstatePropertySold_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Area of industrial property sold (square feet)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AreaOfRealEstatePropertySold_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Area Of Real Estate Property Sold</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AreaOfRealEstatePropertySold_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Area of real estate property sold.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketLeaseAmortizationIncomeYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Above Market Lease Amortization Income Year Five</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketLeaseAmortizationIncomeYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Above market lease amortization income year five.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketLeaseAmortizationIncomeYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2030</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_ArrangementsAndNonarrangementTransactionsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Collaborative Arrangement and Arrangement Other than Collaborative [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_CurrentGrossOfferingPriceThresholdPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Current gross offering price threshold percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_CurrentGrossOfferingPriceThresholdPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Current Gross Offering Price Threshold Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_CurrentGrossOfferingPriceThresholdPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Current gross offering price threshold percentage.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquiredInPlaceLeasesAmortizationIncomeNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Acquired In Place Leases, Amortization Income, Next Twelve Months</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquiredInPlaceLeasesAmortizationIncomeNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of amortization income for lease to be recognized in next fiscal year following current fiscal year. Such amount may include the value assigned to existing tenant relationships and excludes the market adjustment component of the value assigned for above or below-market leases acquired.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquiredInPlaceLeasesAmortizationIncomeNextTwelveMonths_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_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_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="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_BuildingImprovementsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Building Improvements [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BuildingImprovementsMember_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="dei_AuditorName_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Auditor Name</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">Term Loan, 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/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">Term loan (Note 4)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CreditFacilityAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Credit Facility [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Operating Lease, Liability, to be Paid, after Year Five</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive_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_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_RevolvingCreditFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Revolving Credit Facility [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RevolvingCreditFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Revolving Credit Facility</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentAnnualReport_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Annual Report</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="ck0001929017_IncreaseDecreaseInAccruedCashDistributions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase Decrease In Accrued Cash Distributions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_IncreaseDecreaseInAccruedCashDistributions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Increase decrease in accrued cash distributions.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_IncreaseDecreaseInAccruedCashDistributions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Increase in accrued cash distributions</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="ck0001929017_LesseeOperatingLeaseLiabilitiesToBePaidRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Operating Lease, Liabilities, to be Paid, Remainder of Fiscal Year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LesseeOperatingLeaseLiabilitiesToBePaidRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Lessee, operating lease, liabilities, to be paid, remainder of fiscal year.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LesseeOperatingLeaseLiabilitiesToBePaidRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2026</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PercentageOfPreferredReturn_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percentage of Preferred Return</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PercentageOfPreferredReturn_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of preferred return.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PercentageOfPreferredReturn_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of preferred return</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_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="us-gaap_AreaOfRealEstateProperty_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Area of Real Estate Property</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AreaOfRealEstateProperty_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Area of real estate property (square feet)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_FirstAmendedAndRestatedCreditAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">First Amended And Restated Credit Agreement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_FirstAmendedAndRestatedCreditAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">First Amended And Restated Credit Agreement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_FirstAmendedAndRestatedCreditAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">First amended and restated credit agreement.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ThriventTermLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Thrivent Term Loan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ThriventTermLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Thrivent Term Loan [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ThriventTermLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Thrivent Term Loan.</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="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="ck0001929017_SealyIndustrialPartnersIVREITLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sealy Industrial Partners IV REIT, LLC [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SealyIndustrialPartnersIVREITLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Sealy Industrial Partners IV REIT, LLC.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SealyIndustrialPartnersIVREITLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">SIP IV REIT</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_FinancingCoordinationFee_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Coordination Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_FinancingCoordinationFee_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Financing coordination fee.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearThree_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Operating Lease, Liability, to be Paid, Year Three</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearThree_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_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Earnings Per Share, Basic and Diluted</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityPublicFloat_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Public Float</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_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="ck0001929017_DRIPContributions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">DRIP contributions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_DRIPContributions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">DRIP contributions.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_OwnershipDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Ownership [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Unamortized deferred financing costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unamortized deferred financing costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Below Market Lease, Net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseNet_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Below Market Lease, Net, Ending Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseNet_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Below Market Lease, Net, Beginning Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Below Market Intangible Lease Liability, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseNet_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel">Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Below market intangible lease liability, net of accumulated amortization of $1,991 and $1,380 as of June 30, 2026 and December 31, 2025, respectively</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_OtherPrepaidExpenseAndOtherAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Prepaid Expense And Other Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_OtherPrepaidExpenseAndOtherAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Other prepaid expense and other assets.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_OtherPrepaidExpenseAndOtherAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityBankruptcyProceedingsReportingCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Bankruptcy Proceedings, Reporting Current</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</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="ck0001929017_RentalRevenue_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="ck0001929017_RentalRevenue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Rental Revenue</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_RentalRevenue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Rental revenue.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_FinancingFees_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_FinancingFees_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Costs associated with obtaining financing, typically for loans or other forms of credit.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_FinancingFees_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financing fees</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/2003/role/terseLabel">Dividends to preferred shareholders</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_IncreaseInAccruedDRIPDistribution_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Increase in accrued DRIP distribution.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_IncreaseInAccruedDRIPDistribution_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase in accrued DRIP distributions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentOwnershipPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Method Investment, Ownership Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentOwnershipPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Partnership interests</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentOwnershipPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Beneficial interest percentage</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/totalLabel">Total 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/label">Operating Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SummaryOfProceedsFromPrivateOfferingAndNumberOfUnitsIssuedTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Summary of Proceeds from Private Offering and Number of Units Issued [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SummaryOfProceedsFromPrivateOfferingAndNumberOfUnitsIssuedTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Summary of proceeds from private offering and number of units issued.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SummaryOfProceedsFromPrivateOfferingAndNumberOfUnitsIssuedTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Proceeds from Private Offering and Number of Units Issued</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="ck0001929017_TangibleRealEstateAssetDepreciationExpenseTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Tangible Real Estate Asset Depreciation Expense [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_TangibleRealEstateAssetDepreciationExpenseTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Tangible real estate asset depreciation expense.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_TangibleRealEstateAssetDepreciationExpenseTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Depreciation Expense of Tangible Real Estate Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Organization and Description of Business</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity, Increase (Decrease) in Operating Capital [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Changes in operating assets and liabilities:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromPartnershipContribution_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Partnership Contribution</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromPartnershipContribution_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Contributions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ScheduleOfAmortizationExpenseRelatedToTermLoanTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Amortization Expense Related to Term Loan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ScheduleOfAmortizationExpenseRelatedToTermLoanTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Amortization Expense Related to Term Loan [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ScheduleOfAmortizationExpenseRelatedToTermLoanTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Tabular disclosure of amortization expense related to term loan.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsFutureAmortizationExpenseCurrentAndFiveSucceedingFiscalYearsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Intangible Asset, Finite-Lived, and Capitalized Cost, Software to be Sold, Leased, or Marketed, Estimated Amortization Expense [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_OtherCostsIncurred_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Costs Incurred</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_OtherCostsIncurred_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of cost incurred for fees classified as other.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_OtherCostsIncurred_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_PaymentsToAcquireRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total Purchase Price</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireRealEstate_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Purchase of real estate assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments to Acquire Real Estate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total Purchase Price</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Purchase price</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_AuditorLocation_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Auditor Location</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsForLeasingCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payment for Initial Direct Cost, Lease, Investing Activity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsForLeasingCosts_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Deferred leasing costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IPOMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">IPO [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IPOMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Initial Contributions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableRateDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Rate [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SummaryOfPartnersCapitalContributionsReceivedAndNumberOfUnitsIssuedTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Summary of Partners Capital Contributions Received and Number of Units Issued [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SummaryOfPartnersCapitalContributionsReceivedAndNumberOfUnitsIssuedTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Summary of partners capital contributions received and number of units issued.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SummaryOfPartnersCapitalContributionsReceivedAndNumberOfUnitsIssuedTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Partners Capital Contributions Received and Number of Units Issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ecd_IndividualAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Individual [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ecd_IndividualAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Individual:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseAmortizationIncomeRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Below Market Lease, Amortization Income, Remainder of Fiscal Year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseAmortizationIncomeRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">2026</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">Buildings and improvements</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 [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ConstructionLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Construction Loan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ConstructionLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Construction Loan [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ConstructionLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Construction loan.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_IndianaIowaKansasMississippiMissouriOhioOklahomaAndTexasMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Indiana Iowa Kansas Mississippi Missouri Ohio Oklahoma and Texas [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_IndianaIowaKansasMississippiMissouriOhioOklahomaAndTexasMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Indiana Iowa Kansas Mississippi Missouri Ohio Oklahoma and Texas.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_IndianaIowaKansasMississippiMissouriOhioOklahomaAndTexasMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Indiana, Iowa, Kansas, Mississippi, Missouri, Ohio, Oklahoma, and Texas</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 Asset, Class [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketLeaseAmortizationIncomeYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Above Market Lease, Amortization Income, Year Four</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketLeaseAmortizationIncomeYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of amortization income for lease with finite life acquired as part of real property acquisition at above market lease rate expected to be recognized in fourth fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketLeaseAmortizationIncomeYearFour_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_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="us-gaap_IncomeTaxPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Income Taxes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConstructionLoan_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Construction Loan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConstructionLoan_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Construction loan (Note 6)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConstructionLoan_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Construction loan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_TenantReimbursementsRevenue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Tenant Reimbursements Revenue</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_TenantReimbursementsRevenue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Tenant reimbursements revenue.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_TenantReimbursementsRevenue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Tenant reimbursements</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseAmortizationIncomeYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Below Market Lease, Amortization Income, Year Four</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseAmortizationIncomeYearFour_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">2030</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="ck0001929017_AboveMarketLeaseAmortizationIncomeRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Above Market Lease, Amortization Income, Remainder of Fiscal Year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketLeaseAmortizationIncomeRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of amortization income for lease with finite life acquired as part of real property acquisition at above market lease rate expected to be recognized in remainder of current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketLeaseAmortizationIncomeRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2026</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Line of Credit Facility, Remaining Borrowing Capacity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Remaining borrowing capacity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LeaseCommissions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lease Commissions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LeaseCommissions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Lease commissions.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LeaseCommissions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lease commissions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Lease, Liability, Statement of Financial Position [Extensible Enumeration]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PrepaidExpenseAndOtherAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Prepaid Expense and Other Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PrepaidExpenseAndOtherAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Prepaid expenses and other assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PrepaidExpenseAndOtherAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total prepaid expenses and other assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsOfStockIssuanceCosts_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Payments for issuance costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsOfStockIssuanceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments of Stock Issuance Costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnerTypeOfPartnersCapitalAccountAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Partner Type [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_DistributionFeePercentageCap_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Distribution fee, percent cap</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_DistributionFeePercentageCap_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Distribution Fee, Percentage Cap</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_DistributionFeePercentageCap_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Maximum aggregate percentage of distribution fee payable to related parties over the life of the investment.</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="dei_AuditorFirmId_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Auditor Firm ID</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 and Partners' Capital</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_NumberOfRealEstateInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of real estate properties</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_NumberOfRealEstateInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Real Estate Investments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_NumberOfRealEstateInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of real estate investments.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Operating Lease, Liability, to be Paid, Year Two</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2028</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquiredValueOfInPlaceLeases_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Acquired Value Of In place Leases</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquiredValueOfInPlaceLeases_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Acquired value of in place leases</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquiredValueOfInPlaceLeases_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Acquired value of in-place leases</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Description of Variable Rate Basis</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt instrument, description of variable rate basis</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityVoluntaryFilers_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Voluntary Filers</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_PartnersCapitalAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Partners' Capital Attributable to Noncontrolling Interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Non-controlling interests</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountTreasuryUnitsPurchases_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Partners' Capital Account, Treasury Units, Purchased</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountTreasuryUnitsPurchases_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Aggregate purchase price</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_BelowMarketLeaseWeighted-AverageAmortizationPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted average amortization period (years)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_BelowMarketLeaseWeighted-AverageAmortizationPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Below Market Lease, Weighted-Average Amortization Period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_BelowMarketLeaseWeighted-AverageAmortizationPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Weighted average amortization period of below market intangible lease assets, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShortTermBorrowings_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt obligations</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShortTermBorrowings_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Short-Term Debt</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShortTermBorrowings_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Short-Term Debt, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketRentLeaseIntangiblesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Above Market Rent Lease Intangibles [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketRentLeaseIntangiblesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Above market rent lease intangibles.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketRentLeaseIntangiblesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Above Market Rent Lease Intangibles</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DepreciationAndAmortization_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_DepreciationAndAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Depreciation, Depletion and Amortization, Nonproduction</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DepreciationAndAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Depreciation, Depletion and Amortization, Nonproduction, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Sale, Real Estate, Held-for-Investment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Proceeds from Sale, Real Estate, Held-for-Investment, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net sales proceeds</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Net proceeds from sale of real estate assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ReimbursementCostsPayableToRelatedParties_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Reimbursement Costs Payable To Related Parties</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ReimbursementCostsPayableToRelatedParties_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount payable to related parties for reimbursable costs incurred.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ReimbursementCostsPayableToRelatedParties_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Reimbursement costs payable</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_DevelopmentInProcess_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Work 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_LineOfCreditFacilityCurrentBorrowingCapacity_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Line of Credit Facility, Current Borrowing Capacity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Current borrowing capacity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GeneralPartnersContributedCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/label">General Partners' Contributed Capital</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GeneralPartnersContributedCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Contributed capital amount</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_OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ScheduleOfPurchasePriceAllocationOfPropertiesAcquiredTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Purchase Price Allocation Of Properties Acquired Table Text Block</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ScheduleOfPurchasePriceAllocationOfPropertiesAcquiredTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Schedule of purchase price allocation of properties acquired table text block.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ScheduleOfPurchasePriceAllocationOfPropertiesAcquiredTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Purchase Price and Allocation Thereof to Each Asset Class</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCurrentReportingStatus_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Current Reporting Status</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_Straight-LineRentAdjustment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Straight-line rent adjustment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_Straight-LineRentAdjustment_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Straight-line rent adjustment.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_Straight-LineRentAdjustment_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Straight-line rent adjustment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UseOfEstimates_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Use of Estimates, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UseOfEstimates_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Use of estimates</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SalesCommissionsAndFees_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sales Commissions and Fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SealyIndustrialDSTMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sealy Industrial DST [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SealyIndustrialDSTMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Sealy Industrial DST.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SealyIndustrialDSTMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sealy Industrial DST</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ecd_InsiderTradingArrLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Insider Trading Arrangements [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ecd_InsiderTradingArrLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Insider Trading Arrangements:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredRevenue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Revenue</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredRevenue_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Deferred Revenue, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredRevenue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deferred revenues</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LimitedPartnershipInterestMaximumGrossContributions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Limited partnership interest maximum gross contributions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LimitedPartnershipInterestMaximumGrossContributions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Limited partnership interest maximum gross contributions.</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="ck0001929017_DebtInstrumentLeverageRatio_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument Leverage Ratio</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_DebtInstrumentLeverageRatio_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Debt instrument leverage ratio.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_DebtInstrumentLeverageRatio_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Leverage ratio</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LimitedPartnersManagingBrokerDealerFee_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Managing broker dealer fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LimitedPartnersManagingBrokerDealerFee_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Limited Partners Managing Broker Dealer Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LimitedPartnersManagingBrokerDealerFee_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Limited partners managing broker dealer fee.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ScheduleOfLeaseIntangiblesAmortizationTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Lease Intangibles Amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ScheduleOfLeaseIntangiblesAmortizationTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Lease Intangibles Amortization [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ScheduleOfLeaseIntangiblesAmortizationTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Schedule of lease intangibles amortization.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_KeyBankCreditFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">KeyBank Credit Facility [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_KeyBankCreditFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">KeyBank Credit facility.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_KeyBankCreditFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">KeyBank Credit Facility</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="us-gaap_AccumulatedAmortizationDeferredFinanceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accumulated Amortization, Debt Issuance Costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccumulatedAmortizationDeferredFinanceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accumulated amortization of deferred financing costs</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="ck0001929017_LesseeOperatingLeaseRenewalDescription_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee Operating Lease Renewal Description</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LesseeOperatingLeaseRenewalDescription_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Lessee operating lease renewal description.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LesseeOperatingLeaseRenewalDescription_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ground lease, renewal description</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">Concentration Risks</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_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_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">Summary of Real Estate Purchases</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="ck0001929017_LimitedPartnersExpandableCashContributions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Limited Partners' expandable cash contributions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LimitedPartnersExpandableCashContributions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Limited Partners' expandable cash contributions.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LimitedPartnersExpandableCashContributions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Expandable cash contributions</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">Total investments in real estate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_JointVentureMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Joint Venture [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_JointVentureMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Joint venture.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_JointVentureMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Joint Venture</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ecd_NonRule10b51ArrTrmntdFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Non-Rule 10b5-1 Arrangement Terminated [Flag]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ecd_NonRule10b51ArrTrmntdFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Non-Rule 10b5-1 Arrangement Terminated</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ClassIUnitRepurchaseAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class I Unit Repurchase Agreement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ClassIUnitRepurchaseAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class I Unit Repurchase Agreement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ClassIUnitRepurchaseAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Class I unit repurchase agreement.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_CapitalUnitsExpandableAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Capital Units Expandable Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_CapitalUnitsExpandableAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Capital units expandable amount.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_CapitalUnitsExpandableAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Capital units, expandable value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LessorOperatingLeasePaymentsToBeReceivedExcludingBaseRentRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Base rent excluded in 2026</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LessorOperatingLeasePaymentsToBeReceivedExcludingBaseRentRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessor Operating Lease Payments To Be Received Excluding Base Rent Remainder of Fiscal Year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LessorOperatingLeasePaymentsToBeReceivedExcludingBaseRentRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Lessor operating lease payments to be received excluding base rent remainder of fiscal year.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityCommitmentFeeAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Line of Credit Facility, Commitment Fee Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityCommitmentFeeAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unused commitment fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Distribution Made to Limited Partner, Distributions Declared, Per Unit</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash distributions declared</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Units, per unit</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquiredInPlaceLeasesWeighted-AverageAmortizationPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Acquired In Place Leases, Weighted-Average Amortization Period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquiredInPlaceLeasesWeighted-AverageAmortizationPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Weighted average amortization period of in-place leases, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquiredInPlaceLeasesWeighted-AverageAmortizationPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted average amortization period (years)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtWeightedAverageInterestRate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted average interest rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtWeightedAverageInterestRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt, Weighted Average Interest Rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_OPUnitsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">OP Units</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_OPUnitsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">OP Units [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_OPUnitsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">OP units.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ContributionOfPropertyToDST_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Contribution of property to DST</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ContributionOfPropertyToDST_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Contribution of property to DST.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromLinesOfCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Lines of Credit</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromLinesOfCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Proceeds from Lines of Credit, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromLinesOfCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Proceeds from revolving credit facility</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment in DST</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CreditFacilityDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Credit Facility [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">State income tax rate</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="ck0001929017_PaymentOfDistributionFees_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payment of distribution fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PaymentOfDistributionFees_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Payment of distribution fees.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PaymentOfDistributionFees_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Payment of distribution fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_NoTenantsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">No Tenants [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_NoTenantsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">No Tenants.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_NoTenantsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">No Tenants</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NonoperatingIncomeExpenseAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Nonoperating Income (Expense) [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NonoperatingIncomeExpenseAbstract_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_CapitalUnitClassDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Capital Unit, Class [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_FinancingCostsCapitalized_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financing costs capitalized</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_FinancingCostsCapitalized_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Costs Capitalized</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_FinancingCostsCapitalized_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Financing costs capitalized.</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 number of Units 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/verboseLabel">Weighted average number of Units outstanding - Basic</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ClassALimitedPartnersMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class A Limited Partners</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ClassALimitedPartnersMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class A Limited Partners [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ClassALimitedPartnersMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Class A Limited Partners.</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="ck0001929017_TermLoan_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Term Loan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_TermLoan_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Term loan.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_TermLoan_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Term loan, net (Note 6)</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_TenantImprovements_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Tenant improvements</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="us-gaap_LesseeOperatingLeaseRemainingLeaseTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Operating Lease, Remaining Lease Term</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseRemainingLeaseTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ground lease, remaining lease term</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="ck0001929017_NumberOfRealEstatePropertiesAcquired_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Real Estate Properties Acquired</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_NumberOfRealEstatePropertiesAcquired_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of real estate properties acquired.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_NumberOfRealEstatePropertiesAcquired_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of properties acquired</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="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="ck0001929017_AcquisitionFees_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Acquisition fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquisitionFees_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The amount of expense in the period for acquisition fees.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquisitionFees_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Acquisition fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentMaturityDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Maturity Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentMaturityDate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maturity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LessorOperatingLeasePaymentsToBeReceivedExcludingBaseRentThreeYears_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessor Operating Lease Payments To Be Received Excluding Base Rent Three Years</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LessorOperatingLeasePaymentsToBeReceivedExcludingBaseRentThreeYears_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Lessor operating lease payments to be received excluding base rent three years.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LessorOperatingLeasePaymentsToBeReceivedExcludingBaseRentThreeYears_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Base rent excluded in 2028</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CapitalUnitsByClassAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Capital Units by Class [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_EdgertonKansasMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Edgerton, Kansas</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_EdgertonKansasMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Edgerton, Kansas [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_EdgertonKansasMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Edgerton, Kansas.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredUnitsOfferingCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Units, Offering Costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredUnitsOfferingCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred shareholders offering costs</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="dei_EntityIncorporationStateCountryCode_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Incorporation, State or Country Code</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_EarningsPerShareDiluted_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Earnings per Unit, diluted</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_OwnershipAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Ownership [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commitments and Contingencies Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Commitments and Contingencies</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 Asset, Class [Domain]</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">Buildings and Improvements</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">Operating Leases</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromRepurchaseOfRedeemablePreferredStock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from (Repurchase of) Redeemable Preferred Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromRepurchaseOfRedeemablePreferredStock_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Proceeds from (Repurchase of) Redeemable Preferred Stock, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromRepurchaseOfRedeemablePreferredStock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Redemptions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_FixedRateDebtMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fixed Rate Debt [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_FixedRateDebtMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Fixed-rate debt.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_FixedRateDebtMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fixed-Rate Debt</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_AllowanceForDoubtfulAccountsReceivable_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Allowance for doubtful accounts</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AllowanceForDoubtfulAccountsReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accounts Receivable, Allowance for Credit Loss</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AllowanceForDoubtfulAccountsReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Accounts Receivable, Allowance for Credit Loss, Ending Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AllowanceForDoubtfulAccountsReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Accounts Receivable, Allowance for Credit Loss, Beginning Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AllowanceForDoubtfulAccountsReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Allowance for doubtful accounts</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">Estimated fair value of term loan</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/totalLabel">Debt Instrument, Fair Value Disclosure, Total</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="ck0001929017_ContributionToNon-ControllingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Contribution to non-controlling interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ContributionToNon-ControllingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Contribution to non-controlling interest.</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_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_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="ecd_NonRule10b51ArrAdoptedFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Non-Rule 10b5-1 Arrangement Adopted [Flag]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ecd_NonRule10b51ArrAdoptedFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Non-Rule 10b5-1 Arrangement Adopted</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="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Prepaid expenses and other assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase (Decrease) in Prepaid Expense and Other Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LatePaymentCollectionSharePercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Late Payment Collection Share Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LatePaymentCollectionSharePercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of collected late fees and returned checks charges paid to third parties under property management agreements.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LatePaymentCollectionSharePercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Late payments and returned checks collection share, percent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsHeldInTrust_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Asset, Held-in-Trust</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsHeldInTrust_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Asset, Held-in-Trust, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsHeldInTrust_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment in DST (Note 5)</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="us-gaap_DepreciationDepletionAndAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Depreciation and amortization 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/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">Asset management fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentInterestRate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Offering proceeds</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentInterestRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Interest Rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ecd_MtrlTermsOfTrdArrTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Material Terms of Trading Arrangement [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ecd_MtrlTermsOfTrdArrTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Material Terms of Trading Arrangement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnitsOfPartnershipInterestAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Units of Partnership Interest, Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnitsOfPartnershipInterestAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Units of partnership interest amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnitsOfPartnershipInterestAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel"># of OP Units Owned</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ProceedsOfEarnedAmountsReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds of earned amounts receivable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ProceedsOfEarnedAmountsReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Proceeds of earned amounts receivable.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ProceedsOfEarnedAmountsReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Earned amounts receivable</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="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="ck0001929017_BelowMarketLeaseAmortizationIncomeAfterYearFour_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Thereafter</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_BelowMarketLeaseAmortizationIncomeAfterYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Below Market Lease, Amortization Income, after Year Four</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_BelowMarketLeaseAmortizationIncomeAfterYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of amortization income for lease with finite life acquired as part of real property acquisition at below market lease rate expected to be recognized after fourth fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NumberOfOperatingSegments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number of Operating Segments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NumberOfOperatingSegments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of operating segments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Partners' Capital, Including Portion Attributable to Noncontrolling Interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total partners' capital</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Balance, end of period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Balance, beginning of period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Non-controlling interests</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInDeferredRevenue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase (Decrease) in Deferred Revenue</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInDeferredRevenue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deferred revenues</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="ck0001929017_SIPIVInvestorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">SIP IV Investor [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SIPIVInvestorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">SIP IV Investor.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SIPIVInvestorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">SIP IV Investor</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_CapitalAccountDistributionRemainingDistributableCashPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Capital Account Distribution Remaining Distributable Cash Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_CapitalAccountDistributionRemainingDistributableCashPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Capital account distribution remaining distributable cash percentage.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_CapitalAccountDistributionRemainingDistributableCashPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Capital account distribution remaining distributable cash, percentage.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Segment Reporting, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingPolicyPolicyTextBlock_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="ck0001929017_SCI-IIMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">SCI-II [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SCI-IIMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">SCI-II.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SCI-IIMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">SCI-II</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_IssuanceCostsPayableToRelatedParties_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Issuance Costs Payable To Related Parties</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_IssuanceCostsPayableToRelatedParties_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount payable to related parties for cost incurred in connection with issuance.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_IssuanceCostsPayableToRelatedParties_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Issuance costs payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementOfPartnersCapitalAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement of Partners' Capital [Abstract]</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">2030</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_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_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_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="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_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="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 PARTNERS' CAPITAL</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfEquityMethodInvestmentsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Method Investment [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireEquityMethodInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments to Acquire Equity Method Investments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireEquityMethodInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Purchase price</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">Payments to Acquire Productive Assets, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireProductiveAssets_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Capital expenditures</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="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_OperatingIncomeLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Income (Loss)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingIncomeLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Operating income (loss)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AccumulatedAmortizationOfAboveMarketIntangibleLeaseAsset_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accumulated amortization of above market intangible lease asset</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AccumulatedAmortizationOfAboveMarketIntangibleLeaseAsset_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Accumulated amortization of above market intangible lease asset.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SummaryOfSignificantAccountingPoliciesAndRecentAccountingPronouncementLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Summary of Significant Accounting Policies and Recent Accounting Pronouncement [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SummaryOfSignificantAccountingPoliciesAndRecentAccountingPronouncementLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Summary of significant accounting policies and recent accounting pronouncement.</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">Preferred shares issued price per share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PartnersCapitalAccountContributionsIssuanceCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Partners Capital Account Contributions Issuance Cost</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PartnersCapitalAccountContributionsIssuanceCost_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Partners capital account contributions issuance cost.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PartnersCapitalAccountContributionsIssuanceCost_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Partners capital account contributions issuance cost</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LimitedPartnersCapitalAccountClassDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Limited Partners' Capital Account, Class [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_KeyBankTermLoanAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Key Bank Term Loan A</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_KeyBankTermLoanAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Key Bank Term Loan A [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_KeyBankTermLoanAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Key bank term loan A.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WhollyOwnedPropertiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Wholly Owned Properties [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WhollyOwnedPropertiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Wholly-Owned Real Estate Investments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WhollyOwnedPropertiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Wholly-Owned Properties</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquiredInPlaceLeasesAmortizationIncomeRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Acquired In Place Leases, Amortization Income, Remainder of Fiscal Year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquiredInPlaceLeasesAmortizationIncomeRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of amortization income for lease recognized in remainder of current fiscal year. Such amount may include the value assigned to existing tenant relationships and excludes the market adjustment component of the value assigned for above or below-market leases acquired.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquiredInPlaceLeasesAmortizationIncomeRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2026</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ApplicationFeePayment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Application Fee Payment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ApplicationFeePayment_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Application fee payment.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ApplicationFeePayment_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Application fee payment</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="ck0001929017_PartnersCapitalDistributionsPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Partners Capital Distributions Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PartnersCapitalDistributionsPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Partners capital distributions payable.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PartnersCapitalDistributionsPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Distributions payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfLimitedPartnersCapitalAccountByClassTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Limited Partners' Capital Account by Class [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfLimitedPartnersCapitalAccountByClassTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Partners' Respective Ownership Interests, Life-to-date Contributions and Redemptions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketLeaseNetAmortizationIncomeFiscalYearMaturityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Above Market Lease, Net, Amortization Income, Fiscal Year Maturity [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketLeaseNetAmortizationIncomeFiscalYearMaturityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Above market lease, net, amortization income, fiscal year maturity.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketLeaseNetAmortizationIncomeFiscalYearMaturityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Above Market Intangible Lease Asset</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Operating Lease, Liability, to be Paid, Maturity [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Future Lease Payments Due Under Ground Lease</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ImpairmentOfRealEstateAssetsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Impairment of Real Estate Assets [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ImpairmentOfRealEstateAssetsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Impairment of real estate assets.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ImpairmentOfRealEstateAssetsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Impairment of Real Estate Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Term of loan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Credit facility term</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument term</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ecd_TrdArrTerminationDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Trading Arrangement Termination Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ecd_TrdArrTerminationDate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Termination Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_BelowMarketRentLeaseIntangiblesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Below Market Rent Lease Intangibles [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_BelowMarketRentLeaseIntangiblesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Below market rent lease intangibles.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_BelowMarketRentLeaseIntangiblesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Below Market Rent Lease Intangibles</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_AccountingPoliciesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accounting Policies [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Depreciation_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Depreciation expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Depreciation_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Depreciation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Depreciation_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Depreciation, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Depreciation_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Depreciation</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/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/terseLabel">Net loss</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseRenewalTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Operating Lease, Renewal Term</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseRenewalTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ground lease, renewal term</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SealyIndustrialPartnersIVGPLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sealy Industrial Partners IV GP, LLC [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SealyIndustrialPartnersIVGPLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Sealy Industrial Partners IV GP, LLC.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SealyIndustrialPartnersIVGPLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">GP</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LandMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Land [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LandMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Land</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GeneralPartnersOfferingCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">General Partners' Offering Costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GeneralPartnersOfferingCosts_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="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFive_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_LesseeOperatingLeaseLiabilityPaymentsDueYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Operating Lease, Liability, to be Paid, Year Five</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ecd_TrdArrSecuritiesAggAvailAmt_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Trading Arrangement, Securities Aggregate Available Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ecd_TrdArrSecuritiesAggAvailAmt_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Aggregate Available</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountUnits_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Partners' Capital Account, Units</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountUnits_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Partners' Capital Account, Units, Ending Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountUnits_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Partners' Capital Account, Units, Beginning Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountUnits_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel"># of Units Owned</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountUnits_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Units issued</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_LineOfCreditFacilityExpirationDate1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Line of Credit Facility, Expiration Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityExpirationDate1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maturity date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfCapitalUnitsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity, Capital Unit or Share [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Income (Loss) Attributable to Noncontrolling Interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net Income (Loss) Attributable to Noncontrolling Interest, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net loss attributable to non-controlling interests</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RevenueRecognitionLeases_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Revenue Recognition, Leases [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RevenueRecognitionLeases_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Revenue recognition</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_OtherOperatingIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other revenues</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherOperatingIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Operating Income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_CapitalUnitClassRMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Capital Unit Class R [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_CapitalUnitClassRMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Capital unit class R.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_CapitalUnitClassRMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class R Units</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_CapitalUnitClassRMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Class R</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">Earnings per Unit</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SealyIndustrialPartnersIVOPLPMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">OP</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SealyIndustrialPartnersIVOPLPMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sealy Industrial Partners IV OP, LP [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SealyIndustrialPartnersIVOPLPMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Sealy Industrial Partners IV OP, LP.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_WestfieldIndianaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Westfield, Indiana [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_WestfieldIndianaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Westfield, Indiana.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_WestfieldIndianaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Westfield, Indiana</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GainsLossesOnSalesOfInvestmentRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Gains (Losses) on Sales of Investment Real Estate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GainsLossesOnSalesOfInvestmentRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Gain on the sale of real estate assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SupplementalCashFlowInformationAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Supplemental Cash Flow Information [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SupplementalCashFlowInformationAbstract_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="us-gaap_PaymentsOfFinancingCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments of Financing Costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsOfFinancingCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Payments of Financing Costs, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsOfFinancingCosts_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Financing costs paid</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="ck0001929017_UnitsRedeemedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Units Redeemed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_UnitsRedeemedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Units Redeemed [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_UnitsRedeemedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Units redeemed.</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="ck0001929017_KeyBankTermLoanBMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Key bank term loan B.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_KeyBankTermLoanBMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Key Bank Term Loan B</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_KeyBankTermLoanBMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Key Bank Term Loan B [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_IncreaseInAccruedCashDistributions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase in accrued cash distributions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_IncreaseInAccruedCashDistributions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Increase in accrued cash distributions.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_DRIPDistributions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">DRIP Distributions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_DRIPDistributions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">DRIP distributions.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_DRIPDistributions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">DRIP distributions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_EquityMethodInvesteeNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment, Name [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_StraightLineRentWriteOffIncludedInTenantReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Straight Line Rent Write Off Included In Tenant Receivable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_StraightLineRentWriteOffIncludedInTenantReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Straight line rent write off included in tenant receivable.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_StraightLineRentWriteOffIncludedInTenantReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Straight-line rent write off included in tenant recievable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_IDVJVMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">IDV JV</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_IDVJVMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">IDV JV [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_IDVJVMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">IDV JV.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ecd_AllTradingArrangementsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">All Trading Arrangements [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ecd_AllTradingArrangementsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">All Trading Arrangements</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_TenantThreeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Tenant Three [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_TenantThreeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Tenant three.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_TenantThreeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Tenant 3</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_SignificantAccountingPoliciesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Significant Accounting Policies [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Significant Accounting Policies and Recent Accounting Pronouncement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ecd_Rule10b51ArrAdoptedFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Rule 10b5-1 Arrangement Adopted [Flag]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ecd_Rule10b51ArrAdoptedFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Rule 10b5-1 Arrangement Adopted</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityFrequencyOfCommitmentFeePayment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Line of Credit Facility, Frequency of Commitment Fee Payment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityFrequencyOfCommitmentFeePayment_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Frequency of unused commitment fee to be paid</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AreaOfRealEstatePropertyPurchased_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Area Of Real Estate Property Purchased</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AreaOfRealEstatePropertyPurchased_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Area of real estate property purchased.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AreaOfRealEstatePropertyPurchased_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Area of industrial property purchased (square feet)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfDebtInstrumentsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Long-Term Debt Instruments [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfDebtInstrumentsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Credit Facilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Method Investments and Joint Ventures Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment In Joint Venture</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="ck0001929017_AcquiredInPlaceLeasesAmortizationIncomeAfterYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Acquired In Place Leases Amortization Income After Year Five</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquiredInPlaceLeasesAmortizationIncomeAfterYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Acquired in place leases amortization income after year five.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquiredInPlaceLeasesAmortizationIncomeAfterYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Thereafter</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_TenantReceivableWriteOff_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Tenant receivable write off</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_TenantReceivableWriteOff_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Tenant Receivable Write Off</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_TenantReceivableWriteOff_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Tenant receivable write off.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Partners' Capital [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Partners' Capital</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentPeriodicPaymentInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Periodic Payment, Interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentPeriodicPaymentInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt instrument periodic payment of interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AccountingPoliciesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accounting Policies [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AccountingPoliciesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Accounting policies.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketIntangibleLeaseAsset_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Above market intangible lease asset</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketIntangibleLeaseAsset_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Above market intangible lease asset.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketIntangibleLeaseAsset_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketIntangibleLeaseAsset_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Above market intangible lease asset, net of accumulated amortization of $113 and $81 as of June 30, 2026 and December 31, 2025, respectively</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LeasingCommissionsExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Leasing Commissions Expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LeasingCommissionsExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Leasing commissions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Operating Lease, Liability, to be Paid, Year Four</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2030</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityWellKnownSeasonedIssuer_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Well-known Seasoned Issuer</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_TenantOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Tenant One [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_TenantOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Tenant one.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_TenantOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Tenant 1</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AnnualizedBaseRentPercentageFromSignificantTenant_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Annualized Base Rent Percentage From Significant Tenant</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AnnualizedBaseRentPercentageFromSignificantTenant_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of annualized base rent attributable to significant tenant.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AnnualizedBaseRentPercentageFromSignificantTenant_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Annualized base rent as percentage from tenant</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_EquityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PaymentForBeneficialInterestsOfferingIncludingTransactionCostsAndBridgeCarryFee_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payment For Beneficial Interests Offering Including Transaction Costs And Bridge Carry Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PaymentForBeneficialInterestsOfferingIncludingTransactionCostsAndBridgeCarryFee_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Payment for beneficial interests offering including transaction costs and bridge carry fee.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PaymentForBeneficialInterestsOfferingIncludingTransactionCostsAndBridgeCarryFee_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Purchase price</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ConstructionLoanAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Construction Loan Agreement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ConstructionLoanAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Construction Loan Agreement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ConstructionLoanAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Construction loan agreement.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LimitedPartnersBrokerDealerDueDiligenceFee_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Limited Partners Broker Dealer due Diligence Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LimitedPartnersBrokerDealerDueDiligenceFee_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Limited partners broker dealer due diligence fee.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LimitedPartnersBrokerDealerDueDiligenceFee_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Broker dealer due diligence fee</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</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_NumberOfTenants_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Tenants</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_NumberOfTenants_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents the number of tenants.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_NumberOfTenants_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of tenants</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConstructionInProgressGross_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Construction in Progress, Gross</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConstructionInProgressGross_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Work in progress</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConstructionInProgressGross_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Work in Progress</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="us-gaap_LiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Liabilities</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="ck0001929017_AboveBelowMarketRentIntangiblesAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Above/below market rent intangibles amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveBelowMarketRentIntangiblesAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Above/below market rent intangibles amortization.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveBelowMarketRentIntangiblesAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Above/below market rent intangibles amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveBelowMarketRentIntangiblesAmortization_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Above/below market rent intangibles amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_IndustrialWarehouseArea_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Industrial Warehouse Area</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_IndustrialWarehouseArea_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Industrial warehouse area.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_IndustrialWarehouseArea_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Industrial warehouse area</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="ck0001929017_SealyInvestmentSecuritiesLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sealy Investment Securities, LLC [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SealyInvestmentSecuritiesLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Sealy Investment Securities, LLC.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SealyInvestmentSecuritiesLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">SIS</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_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="ck0001929017_IncomeFromDSTInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income from DST investment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_IncomeFromDSTInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">IncomefromDSTinvestment.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_IncomeFromDSTInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Income from DST investment</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="us-gaap_EquityMethodInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Method Investments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseAccumulatedAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Below Market Lease, Accumulated Amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseAccumulatedAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accumulated amortization of acquired value of in-place leases</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConcentrationRiskByTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Concentration Risk Type [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Income (Loss) Attributable to Parent [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Numerator:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketLeaseAmortizationIncomeYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Above Market Lease, Amortization Income, Year Two</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketLeaseAmortizationIncomeYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of amortization income for lease with finite life acquired as part of real property acquisition at above market lease rate expected to be recognized in second fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketLeaseAmortizationIncomeYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2028</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketLeaseAmortizationIncomeNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Above Market Lease Amortization Income, Next Twelve Months</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketLeaseAmortizationIncomeNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of amortization income for lease with finite life acquired as part of real property acquisition at above market lease rate expected to be recognized in next fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketLeaseAmortizationIncomeNextTwelveMonths_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_WeightedAverageNumberOfSharesOutstandingAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted Average Number of Shares Outstanding, Diluted [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Denominator:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ecd_TrdArrDuration_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Trading Arrangement Duration</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ecd_TrdArrDuration_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Arrangement Duration</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LimitedPartnersCapitalAccountUnitsIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Limited Partners' Capital Account, Units Issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LimitedPartnersCapitalAccountUnitsIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel"># of Units issued</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="ck0001929017_PartnersCapitalAccountRedemptionsDiscountHeldUnitsForLessThanTwoYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Discounts to redemption price amount, held units for less than two years</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PartnersCapitalAccountRedemptionsDiscountHeldUnitsForLessThanTwoYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Partners Capital Account Redemptions Discount Held Units For Less Than Two Year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PartnersCapitalAccountRedemptionsDiscountHeldUnitsForLessThanTwoYear_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Partners capital account redemptions discount held units for less than two year.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseAmortizationIncomeAfterYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Below Market Lease, Amortization Income, after Year Five</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseAmortizationIncomeAfterYearFive_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Thereafter</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_BelowMarketRentLeaseIntangibles_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Below Market Rent Lease Intangibles</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_BelowMarketRentLeaseIntangibles_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Below market rent lease intangibles.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_BelowMarketRentLeaseIntangibles_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Below market rent lease intangibles</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_BelowMarketRentLeaseIntangibles_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Below market rent lease intangibles</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfRealEstatePropertiesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate Property, Ownership [Table]</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_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 provided by (used in) investing activities</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="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_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="ck0001929017_AcquiredInPlaceLeasesAmortizationIncomeYearThree_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Acquired In Place Leases, Amortization Income, Year Three</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquiredInPlaceLeasesAmortizationIncomeYearThree_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of amortization income for lease to be recognized in third fiscal year following current fiscal year. Such amount may include the value assigned to existing tenant relationships and excludes the market adjustment component of the value assigned for above or below-market leases acquired.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquiredInPlaceLeasesAmortizationIncomeYearThree_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2029</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AletrnateSellingCommission_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Aletrnate Selling Commission</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AletrnateSellingCommission_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Aletrnate selling commission.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AletrnateSellingCommission_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Alternate selling commissions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_CapitalUnitsRepurchaseConsiderationPerUnit_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Consideration</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_CapitalUnitsRepurchaseConsiderationPerUnit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Capital Units Repurchase Consideration Per Unit</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_CapitalUnitsRepurchaseConsiderationPerUnit_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Capital units repurchase consideration per unit.</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="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_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_PartnersCapitalAccountUnitsRedeemed_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Partners' Capital Account, Units, Redeemed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountUnitsRedeemed_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of units redeemed</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">Company earned fee</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/verboseLabel">Interest income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_BeneficialInterestsMaximumOfferingPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maximum offering amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_BeneficialInterestsMaximumOfferingPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Beneficial Interests Maximum Offering Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_BeneficialInterestsMaximumOfferingPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Beneficial interests maximum offering percentage.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LesseeOperatingLeaseLiabilityToBePaidAfterYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Thereafter</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LesseeOperatingLeaseLiabilityToBePaidAfterYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Operating Lease, Liability, to be Paid, After Year Four</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LesseeOperatingLeaseLiabilityToBePaidAfterYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Lessee, operating lease, liability, to be paid, after year four.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GeneralPartnerMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">General Partner [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GeneralPartnerMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">General Partner</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountUnitsContributed_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Partners' Capital Account, Units, Contributed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountUnitsContributed_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel"># of Units issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Federal income tax rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnerTypeOfPartnersCapitalAccountNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Partner Type of Partners' Capital Account, Name [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Excluding Exchange Rate Effect, Including Discontinued Operation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net change in cash and cash equivalents</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 Event [Abstract]</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="ck0001929017_LessorOperatingLeasePaymentToBeReceivedAfterYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Thereafter</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LessorOperatingLeasePaymentToBeReceivedAfterYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessor, Operating Lease, Payment To Be Received, After Year Four</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LessorOperatingLeasePaymentToBeReceivedAfterYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of lease payment to be received by lessor for operating lease after fourth fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RisksAndUncertaintiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Risks and Uncertainties [Abstract]</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 expense</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="us-gaap_DeferredFinanceCostsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Financing fees</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/totalLabel">Debt Issuance Costs, Net, Total</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">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/2003/role/terseLabel">Deferred financing costs, net of accumulated amortization of $213 and $4 as of June 30, 2026 and December 31, 2025, respectively</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="us-gaap_BelowMarketLeaseNetAmortizationIncomeFiscalYearMaturityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Below Market Lease, Net, Amortization Income, Fiscal Year Maturity [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseNetAmortizationIncomeFiscalYearMaturityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Below Market Intangible Lease Liability</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="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_PrimeRateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Prime Rate [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ecd_AllIndividualsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">All Individuals [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ecd_AllIndividualsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">All Individuals</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationConsiderationTransferred1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination, Consideration Transferred</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationConsiderationTransferred1_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Business Combination, Consideration Transferred, Total</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="ck0001929017_PropertyOperatingExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Property Operating Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PropertyOperatingExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Property operating expenses.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PropertyOperatingExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Property operating expenses</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="ck0001929017_LifeToDateContributionsToPartnersCapitalAccount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Life To Date Contributions To Partners Capital Account</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LifeToDateContributionsToPartnersCapitalAccount_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Life -to-date contributions to partners capital account.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LifeToDateContributionsToPartnersCapitalAccount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Contributions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuredOvernightFinancingRateSofrMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Secured Overnight Financing Rate (SOFR) [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuredOvernightFinancingRateSofrMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Secured Overnight Financing Rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_RentalRevenueIncludingTenantReimbursements_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="ck0001929017_RentalRevenueIncludingTenantReimbursements_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Rental Revenue Including Tenant Reimbursements</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_RentalRevenueIncludingTenantReimbursements_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Rental revenue including tenant reimbursements.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_RentalRevenueIncludingTenantReimbursements_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Rental revenue</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AssetManagementFeePayable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Asset Management Fee Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AssetManagementFeePayable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of fee payable for assets under management.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AssetManagementFeePayable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Asset management fee payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AlternativeSellingCommissionPercentageCap_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Alternative Selling Commission, Percentage Cap</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AlternativeSellingCommissionPercentageCap_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Maximum percentage of gross offering proceeds that may be paid as alternative selling commission.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AlternativeSellingCommissionPercentageCap_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Alternative selling commission, percent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestCostsCapitalized_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Costs Capitalized</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestCostsCapitalized_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Capitalized interest on construction loan balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromConstructionLoansPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Proceeds from construction loan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromConstructionLoansPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Construction Loans Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Operating Lease, Liability, to be Paid</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total lease payment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityFrequencyOfPayments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Line of Credit Facility, Frequency of Payments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityFrequencyOfPayments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Frequency of periodic payments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MinorityInterestOwnershipPercentageByParent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsidiary, Ownership Percentage, Parent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MinorityInterestOwnershipPercentageByParent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ownership interest percentage by parent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_SecurityExchangeName_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Security Exchange Name</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 Future Base Rent Under Non-cancelable Leases</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_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_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="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="ck0001929017_AboveMarketLeaseAmortizationIncomeAfterYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Above Market Lease Amortization Income After Year Five</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketLeaseAmortizationIncomeAfterYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Above market lease amortization income after year five.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketLeaseAmortizationIncomeAfterYearFive_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_AccountsReceivableNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accounts Receivable, after Allowance for Credit Loss</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsReceivableNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Accounts Receivable, after Allowance for Credit Loss, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsReceivableNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Tenant receivables</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SeriesAPreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Series A Preferred</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SeriesAPreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Series A Preferred Stock [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SeriesAPreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Non-voting Series A Preferred Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_TenantTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Tenant Two [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_TenantTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Tenant two.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_TenantTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Tenant 2</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountPrivatePlacementOfUnits_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Partners' Capital Account, Private Placement of Units</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountPrivatePlacementOfUnits_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Capital units commenced</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseRightOfUseAsset_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Right of use assets and lease liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseRightOfUseAsset_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Lease, Right-of-Use Asset</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseRightOfUseAsset_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Right-of-use asset</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_StraightLineRents_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Straight Line Rents</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_StraightLineRents_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Straight line rents.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_StraightLineRents_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Straight-line rents</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="ck0001929017_ThriventLoanAgreementAndPromissoryNoteMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Thrivent Loan Agreement and Promissory Note [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ThriventLoanAgreementAndPromissoryNoteMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Thrivent Loan Agreement and Promissory Note.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ThriventLoanAgreementAndPromissoryNoteMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Thrivent Loan Agreement and Thrivent Promissory Note</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsOfCapitalDistribution_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments of Capital Distribution</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsOfCapitalDistribution_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Distributions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SaintLouisMissouriMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Saint Louis, Missouri</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SaintLouisMissouriMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Saint Louis, Missouri [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SaintLouisMissouriMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Saint Louis, Missouri.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ecd_TrdArrIndTitle_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Trading Arrangement, Individual Title</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ecd_TrdArrIndTitle_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Title</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="ck0001929017_VellodiJTWROSMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Vellodi JTWROS [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_VellodiJTWROSMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Vellodi JTWROS.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_VellodiJTWROSMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">VellodiJ TWROS</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PartnersCapitalAccountRepurchaseConsideration_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Consideration amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PartnersCapitalAccountRepurchaseConsideration_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Partners Capital Account Repurchase Consideration</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PartnersCapitalAccountRepurchaseConsideration_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Partners capital account repurchase consideration.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ReceivableFromDST_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Receivable from DST</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ReceivableFromDST_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Receivable from DST.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ReceivableFromDST_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Receivable from DST</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/periodEndLabel">Cash and cash equivalents, end 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/periodStartLabel">Cash and cash equivalents, beginning of period</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="us-gaap_GeneralPartnersCapitalAccount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">General Partners' Capital Account</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GeneralPartnersCapitalAccount_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">General Partners' Capital Account, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GeneralPartnersCapitalAccount_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Capital units commenced</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GeneralPartnersCapitalAccount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">General Partner's capital, 111 Units outstanding as of June 30, 2026 and December 31, 2025, respectively</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/totalLabel">Interest Expense, Nonoperating, Total</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="ck0001929017_LessorOperatingLeasePaymentsToBeReceivedExcludingBaseRentNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessor Operating Lease Payments To Be Received Excluding Base Rent Next Twelve Months</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LessorOperatingLeasePaymentsToBeReceivedExcludingBaseRentNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Lessor operating lease payments to be received excluding base rent next twelve months.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LessorOperatingLeasePaymentsToBeReceivedExcludingBaseRentNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Base rent excluded in 2027</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_DistributionFees_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Distribution Fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_DistributionFees_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Cost paid to third parties for handling or facilitating the distribution of investment or product.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_DistributionFees_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="us-gaap_OperatingExpensesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Expenses [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingExpensesAbstract_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="ck0001929017_SIPIVREITMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">SIP IV REIT [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SIPIVREITMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">SIP IV REIT.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SIPIVREITMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">SIP IV REIT</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_IssuanceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Issuance Costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_IssuanceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Cost incurred during the period related to issuance of stock or equity.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_IssuanceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Issuance costs</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_PartnersCapitalAccountRedemptions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Partners' Capital Account, Redemptions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountRedemptions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Redemptions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountRedemptions_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Redemptions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LimitedPartnersCapitalAccountByClassAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Limited Partners' Capital Account by Class [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LockDepositOnPotentialTermLoanFacility_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lock deposit on potential term loan facility</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LockDepositOnPotentialTermLoanFacility_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lock Deposit On Potential Term Loan Facility</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LockDepositOnPotentialTermLoanFacility_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Lock deposit on potential term loan facility.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ClassILimitedPartnersMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class I Limited Partners [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ClassILimitedPartnersMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Class I Limited Partners.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_ClassILimitedPartnersMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class I Limited Partners</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ecd_Rule10b51ArrTrmntdFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Rule 10b5-1 Arrangement Terminated [Flag]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ecd_Rule10b51ArrTrmntdFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Rule 10b5-1 Arrangement Terminated</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LineOfCreditFacilityMaturityExtensionDescription_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Line of Credit Facility, Maturity Extension Description</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LineOfCreditFacilityMaturityExtensionDescription_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Line of credit facility, maturity extension description.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LineOfCreditFacilityMaturityExtensionDescription_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maturity extension description</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">Supplemental Disclosure of Noncash Investing and Financing Transactions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AccumulatedAmortizationOfAcquiredValueOfIn-PlaceLeases_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accumulated amortization of acquired value of in-place leases</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AccumulatedAmortizationOfAcquiredValueOfIn-PlaceLeases_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Accumulated amortization of acquired value of in-place leases.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AmortizationOfBelowMarketLease_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amortization of Below Market Lease</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AmortizationOfBelowMarketLease_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Below market intangible lease liability</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_AuditorOpinionTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Auditor Opinion [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquiredIn-PlaceLeasesNetAmortizationIncomeFiscalYearMaturityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Acquired In-Place Leases, Net, Amortization Income, Fiscal Year Maturity [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquiredIn-PlaceLeasesNetAmortizationIncomeFiscalYearMaturityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Acquired in-place leases, net, amortization income, fiscal year maturity.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquiredIn-PlaceLeasesNetAmortizationIncomeFiscalYearMaturityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Acquired Value of In-Place Leases</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_DebtInstrumentMaturityExtensionOptions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument Maturity Extension Options</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_DebtInstrumentMaturityExtensionOptions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Debt instrument maturity extension options.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_DebtInstrumentMaturityExtensionOptions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maturity extension options</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeasePaymentsFiscalYearMaturityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessor, Operating Lease, Payment to be Received, Fiscal Year Maturity [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TypeOfArrangementAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Collaborative Arrangement and Arrangement Other than Collaborative [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_TradingSymbol_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Trading Symbol</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="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_CapitalUnitLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Capital Unit [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PartnersCapitalAccountRedemptionsDiscountHeldUnitsForOneYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Discounts to redemption price amount, held units for at least one year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PartnersCapitalAccountRedemptionsDiscountHeldUnitsForOneYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Partners Capital Account Redemptions Discount Held Units For One Year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PartnersCapitalAccountRedemptionsDiscountHeldUnitsForOneYear_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Partners capital account redemptions discount held units for one year.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstatePropertiesDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate Properties [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquiredInPlaceLeasesAmortizationIncomeYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Acquired In Place Leases, Amortization Income, Year Four</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquiredInPlaceLeasesAmortizationIncomeYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of amortization income for lease to be recognized in fourth fiscal year following current fiscal year. Such amount may include the value assigned to existing tenant relationships and excludes the market adjustment component of the value assigned for above or below-market leases acquired.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquiredInPlaceLeasesAmortizationIncomeYearFour_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_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_LimitedPartnersContributedCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Limited Partners' Contributed Capital</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LimitedPartnersContributedCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Contributed capital amount of limited partners</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LimitedPartnersContributedCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Limited partners expandable amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Emerging Growth Company</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketLeaseAmortizationIncomeAfterYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Above Market Lease, Amortization Income, after Year Four</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketLeaseAmortizationIncomeAfterYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of amortization income for lease with finite life acquired as part of real property acquisition at above market lease rate expected to be recognized after fourth fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AboveMarketLeaseAmortizationIncomeAfterYearFour_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_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Balances of Prepaid Expenses and Other Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquiredValueOfInPlaceLeasesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Acquired Value Of In place Leases [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquiredValueOfInPlaceLeasesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Acquired value of in place leases</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AcquiredValueOfInPlaceLeasesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Acquired Value of In-place Leases</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/terseLabel">Outstanding Principal, 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/verboseLabel">Carrying amount of debt</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PartnersCapitalDistributionMethodDescription_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Partners Capital Distribution Method Description</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PartnersCapitalDistributionMethodDescription_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Partners capital distribution method description.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PartnersCapitalDistributionMethodDescription_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Partners capital distribution method description</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LesseeOperatingLeaseTerminationDate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ground lease, termination date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LesseeOperatingLeaseTerminationDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee Operating Lease Termination Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LesseeOperatingLeaseTerminationDate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Lessee operating lease termination date.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ecd_TrdArrAdoptionDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Trading Arrangement Adoption Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ecd_TrdArrAdoptionDate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Adoption Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PrepaidInsurance_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Prepaid Insurance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PrepaidInsurance_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Prepaid insurance</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 real estate assets, at cost</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_TenantRentAndReimbursementReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Tenant rent and reimbursement receivables</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_TenantRentAndReimbursementReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Tenant rent and reimbursement receivables.</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="ck0001929017_PreferredStockDividendsNumberOfInstallments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock Dividends Number of Installments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PreferredStockDividendsNumberOfInstallments_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Preferred stock dividends number of installments.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PreferredStockDividendsNumberOfInstallments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred stock dividends number of installments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Line of Credit Facility, Unused Capacity, Commitment Fee Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unused commitment fee percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LimitedPartnersNetOfSellingCommissionAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Limited Partners Net of Selling Commission Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LimitedPartnersNetOfSellingCommissionAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Limited partners net of selling commission amount.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_LimitedPartnersNetOfSellingCommissionAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net of selling commission</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LimitedPartnersCapitalAccountDistributionAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Limited Partners' Capital Account, Distribution Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LimitedPartnersCapitalAccountDistributionAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Distributions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LimitedPartnersCapitalAccountDistributionAmount_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Distributions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_TaxesAndInsurance_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Taxes And Insurance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_TaxesAndInsurance_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Taxes and insurance.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_TaxesAndInsurance_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Taxes and insurance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseWeightedAverageRemainingLeaseTerm1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Lease, Weighted Average Remaining Lease Term</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseWeightedAverageRemainingLeaseTerm1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted average remaining lease term</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_DistributionReinvestmentPlanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Distribution Reinvestment Plan [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_DistributionReinvestmentPlanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Distribution reinvestment plan.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_DistributionReinvestmentPlanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Distribution Reinvestment Plan (DRIP)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PartnersCapitalOwnedPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Partners Capital Owned Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PartnersCapitalOwnedPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Partners capital owned percentage.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PartnersCapitalOwnedPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">% Owned</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_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/2003/role/terseLabel">Less: 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">Less: accumulated depreciation</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">Total real estate assets, net</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_PropertyPlantAndEquipmentUsefulLife_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Estimated useful lives</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PartnersCapitalAccountRedeemedPerUnit_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Redemptions per unit</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PartnersCapitalAccountRedeemedPerUnit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Partners Capital Account Redeemed Per Unit</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PartnersCapitalAccountRedeemedPerUnit_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Partners capital account redeemed per unit.</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="ck0001929017_AssetManagementFeePercentFee_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Asset management fee, percent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AssetManagementFeePercentFee_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Asset Management Fee, Percent Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_AssetManagementFeePercentFee_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The percentage charged for managing assets under management.</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 Equivalent</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_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="ck0001929017_IDVAldineWestfieldLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">IDV Aldine Westfield LLC [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_IDVAldineWestfieldLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">IDV Aldine Westfield LLC.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_IDVAldineWestfieldLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">IDV Aldine Westfield, LLC</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LimitedPartnerMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Limited Partner [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LimitedPartnerMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Limited Partners</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_NumberOfExtensionOptionsAvailable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number of Extension Options Available</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_NumberOfExtensionOptionsAvailable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of extension options available.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_NumberOfExtensionOptionsAvailable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of extension options available</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_DallasTexasMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dallas, Texas [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_DallasTexasMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Dallas, Texas [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_DallasTexasMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Dallas, Texas</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NoncontrollingInterestMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Non-Controlling Interests</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NoncontrollingInterestMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Noncontrolling Interest [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountUnitsTreasury_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Partners' Capital Account, Units, Treasury Units Purchased</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountUnitsTreasury_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unit repurchased</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 (used in) financing activities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SealyCompanyLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sealy &amp; Company, LLC [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SealyCompanyLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Sealy &amp; Company, LLC.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_SealyCompanyLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sealy</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Related Party Transactions [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Related Party Transactions</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 partners</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_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_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_SegmentReportingCodmProfitLossMeasureHowUsedDescription_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Segment reporting, CODM, profit (loss) measure, how used, description</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_BookValueOfPropertySold_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Book Value of Property Sold</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_BookValueOfPropertySold_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Book value of property sold.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_BookValueOfPropertySold_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Book basis of property sold</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_GainLossOnSaleOfRealEstateAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Gain Loss on Sale of Real Estate Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_GainLossOnSaleOfRealEstateAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Gain (loss) on sale of real estate assets.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_GainLossOnSaleOfRealEstateAssets_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Gain on sale of real estate assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_GainLossOnSaleOfRealEstateAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Gain on sale of real estate assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LimitedPartnersCapitalAccount_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Limited Partners' Capital Account, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LimitedPartnersCapitalAccount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Limited Partners' Capital Account</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LimitedPartnersCapitalAccount_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Capital account of limited partners</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LimitedPartnersCapitalAccount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Limited Partners' capital, 4,085,644 Units and 3,887,128 Units outstanding as of June 30, 2026 and December 31, 2025, respectively</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountDistributionPerUnitOfLimitedPartnerInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Units, per unit</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountDistributionPerUnitOfLimitedPartnerInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Partners' Capital Account, Distribution Per Unit of Limited Partner Interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_CashContributionToJointVenture_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash contribution to joint venture</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_CashContributionToJointVenture_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Cash contribution to joint venture.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_RealEstateInvestmentPropertyNetTaxBasis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate Investment Property Net Tax Basis</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_RealEstateInvestmentPropertyNetTaxBasis_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Real estate investment property net tax basis.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_RealEstateInvestmentPropertyNetTaxBasis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Real estate assets net tax basis</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_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_ProceedsFromDispositionOfInvestmentOperatingActivity_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Disposition of Investment, Operating Activity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromDispositionOfInvestmentOperatingActivity_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net proceeds from disposition</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstatePropertiesAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate Property Ownership [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CapitalUnitClassAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Capital Unit, Class A [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CapitalUnitClassAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class A Units</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CapitalUnitClassAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Class A</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsOfDistributionsToAffiliates_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Payment of distributions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsOfDistributionsToAffiliates_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments of Distributions to Affiliates</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PrepaidDistributionFees_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Prepaid distribution fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PrepaidDistributionFees_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Prepaid Distribution Fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_PrepaidDistributionFees_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Prepaid distribution fees.</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="ck0001929017_RecoveryOfDistributionFees_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Recovery of distribution fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_RecoveryOfDistributionFees_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Recovery of distribution fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_RecoveryOfDistributionFees_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Recovery of distribution fees.</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="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_FederalIncomeTaxExpenseBenefitContinuingOperations_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Federal Income Tax Expense (Benefit), Continuing Operations</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FederalIncomeTaxExpenseBenefitContinuingOperations_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Federal Income Tax Expense (Benefit), Continuing Operations, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FederalIncomeTaxExpenseBenefitContinuingOperations_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Provision for federal income taxes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_GPAndOfficersOfSealyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">GP and officers of Sealy.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001929017_GPAndOfficersOfSealyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">GP and officers of Sealy [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable" xlink:to="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001929017_AcquisitionFeesPercentFee" xlink:to="ck0001929017_AcquisitionFeesPercentFee_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GeneralPartnersCapitalAccountUnitsOutstanding" xlink:to="us-gaap_GeneralPartnersCapitalAccountUnitsOutstanding_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001929017_AcquiredInPlaceLeasesAmortizationIncomeAfterYearFour" xlink:to="ck0001929017_AcquiredInPlaceLeasesAmortizationIncomeAfterYearFour_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001929017_AboveMarketIntangibleLeaseAssetAmortization" xlink:to="ck0001929017_AboveMarketIntangibleLeaseAssetAmortization_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_TradingArrAxis" xlink:to="ecd_TradingArrAxis_lbl"/>
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  <xsd:element id="ck0001929017_DistributionReinvestmentPlanMember" name="DistributionReinvestmentPlanMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_SCI-IIMember" name="SCI-IIMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_LessorOperatingLeasePaymentsToBeReceivedExcludingBaseRentNextTwelveMonths" name="LessorOperatingLeasePaymentsToBeReceivedExcludingBaseRentNextTwelveMonths" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_DistributionFeePercentageCap" name="DistributionFeePercentageCap" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_ConstructionLoanMember" name="ConstructionLoanMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_AboveMarketIntangibleLeaseAsset" name="AboveMarketIntangibleLeaseAsset" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_RealEstateInvestmentPropertyNetAmountHigherThanBookValue" name="RealEstateInvestmentPropertyNetAmountHigherThanBookValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_NumberOfRealEstateInvestments" name="NumberOfRealEstateInvestments" type="xbrli:integerItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_IssuanceCostsPayableToRelatedParties" name="IssuanceCostsPayableToRelatedParties" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001929017_FinancingCoordinationFee" name="FinancingCoordinationFee" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_OtherCostsIncurred" name="OtherCostsIncurred" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_TenantTwoMember" name="TenantTwoMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_CapitalUnitClassRMember" name="CapitalUnitClassRMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_LesseeOperatingLeaseTerminationDate" name="LesseeOperatingLeaseTerminationDate" type="xbrli:dateItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_LimitedPartnersManagingBrokerDealerFee" name="LimitedPartnersManagingBrokerDealerFee" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001929017_OPUnitsMember" name="OPUnitsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_LimitedPartnersBrokerDealerDueDiligenceFee" name="LimitedPartnersBrokerDealerDueDiligenceFee" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001929017_CapitalUnitsRepurchaseConsiderationPerUnit" name="CapitalUnitsRepurchaseConsiderationPerUnit" type="dtr-types:perShareItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_AletrnateSellingCommission" name="AletrnateSellingCommission" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_DeferredFinancingCostsPolicyTextBlock" name="DeferredFinancingCostsPolicyTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_PaymentForBeneficialInterestsOfferingIncludingTransactionCostsAndBridgeCarryFee" name="PaymentForBeneficialInterestsOfferingIncludingTransactionCostsAndBridgeCarryFee" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001929017_NoTenantsMember" name="NoTenantsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_IndustrialWarehouseArea" name="IndustrialWarehouseArea" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_PrepaidDistributionFees" name="PrepaidDistributionFees" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_ApplicationFeePayment" name="ApplicationFeePayment" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_LeaseCommissions" name="LeaseCommissions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_ReceivableFromDST" name="ReceivableFromDST" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_RentalRevenueIncludingTenantReimbursements" name="RentalRevenueIncludingTenantReimbursements" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001929017_NoncashInterestExpense" name="NoncashInterestExpense" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_BelowMarketLeaseWeighted-AverageAmortizationPeriod" name="BelowMarketLeaseWeighted-AverageAmortizationPeriod" type="xbrli:durationItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_IncreaseInAccruedDRIPDistribution" name="IncreaseInAccruedDRIPDistribution" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_NumberOfRealEstatePropertiesSold" name="NumberOfRealEstatePropertiesSold" type="xbrli:integerItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_BeneficialInterestsMaximumOfferingPercentage" name="BeneficialInterestsMaximumOfferingPercentage" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_AcquiredInPlaceLeasesAmortizationIncomeRemainderOfFiscalYear" name="AcquiredInPlaceLeasesAmortizationIncomeRemainderOfFiscalYear" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_ClassIUnitRepurchaseAgreementMember" name="ClassIUnitRepurchaseAgreementMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_ContributionToNon-ControllingInterest" name="ContributionToNon-ControllingInterest" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001929017_FinancingCoordinationFeePercent" name="FinancingCoordinationFeePercent" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_TermLoan" name="TermLoan" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001929017_VellodiTrustMember" name="VellodiTrustMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_AboveMarketLeaseAmortizationIncomeNextTwelveMonths" name="AboveMarketLeaseAmortizationIncomeNextTwelveMonths" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_AcquiredInPlaceLeasesAmortizationIncomeYearFour" name="AcquiredInPlaceLeasesAmortizationIncomeYearFour" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_CapitalUnitClassIMember" name="CapitalUnitClassIMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_AboveBelowMarketRentIntangiblesAmortization" name="AboveBelowMarketRentIntangiblesAmortization" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001929017_JointVentureMember" name="JointVentureMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_AboveMarketLeaseAmortizationIncomeYearTwo" name="AboveMarketLeaseAmortizationIncomeYearTwo" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_IssuanceCosts" name="IssuanceCosts" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_PercentageOfPreferredReturn" name="PercentageOfPreferredReturn" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_AcquiredValueOfInPlaceLeasesIntangiblesAmortization" name="AcquiredValueOfInPlaceLeasesIntangiblesAmortization" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_LifeToDateContributionsToPartnersCapitalAccount" name="LifeToDateContributionsToPartnersCapitalAccount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001929017_PartnersCapitalOwnedPercentage" name="PartnersCapitalOwnedPercentage" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_CurrentGrossOfferingPriceThresholdPercentage" name="CurrentGrossOfferingPriceThresholdPercentage" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_IncreaseInAccruedIssuanceCosts" name="IncreaseInAccruedIssuanceCosts" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_ClassALimitedPartnersMember" name="ClassALimitedPartnersMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_TenantRentAndReimbursementReceivables" name="TenantRentAndReimbursementReceivables" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_SummaryOfProceedsFromPrivateOfferingAndNumberOfUnitsIssuedTableTextBlock" name="SummaryOfProceedsFromPrivateOfferingAndNumberOfUnitsIssuedTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_OtherPrepaidExpenseAndOtherAssets" name="OtherPrepaidExpenseAndOtherAssets" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_LatePaymentCollectionSharePercentage" name="LatePaymentCollectionSharePercentage" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_SaintLouisMissouriMember" name="SaintLouisMissouriMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_BeneficialInterestsMaximumOfferingAmount" name="BeneficialInterestsMaximumOfferingAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001929017_CapitalAccountDistributionRemainingDistributableCashPercentage" name="CapitalAccountDistributionRemainingDistributableCashPercentage" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_IncreaseInAccruedCashDistributions" name="IncreaseInAccruedCashDistributions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_TaxesAndInsurance" name="TaxesAndInsurance" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_AcquiredValueOfInPlaceLeasesMember" name="AcquiredValueOfInPlaceLeasesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_LockDepositOnPotentialTermLoanFacility" name="LockDepositOnPotentialTermLoanFacility" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_TenantReceivableWriteOff" name="TenantReceivableWriteOff" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_LifeToDateRedemptionsToPartnersCapitalAccount" name="LifeToDateRedemptionsToPartnersCapitalAccount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_AboveMarketLeaseAmortizationIncomeAfterYearFive" name="AboveMarketLeaseAmortizationIncomeAfterYearFive" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_EquityMethodInvestmentPercentageOfOwnershipSold" name="EquityMethodInvestmentPercentageOfOwnershipSold" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_PartnersCapitalAccountRedemptionsDiscountHeldUnitsForOneYear" name="PartnersCapitalAccountRedemptionsDiscountHeldUnitsForOneYear" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_DallasTexasMember" name="DallasTexasMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_AcquisitionFeesPercentFee" name="AcquisitionFeesPercentFee" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_AcquiredInPlaceLeasesAmortizationIncomeAfterYearFive" name="AcquiredInPlaceLeasesAmortizationIncomeAfterYearFive" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_LimitedPartnersNetOfSellingCommissionAmount" name="LimitedPartnersNetOfSellingCommissionAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001929017_TenantRentReceivablesAmount" name="TenantRentReceivablesAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_VellodiJTWROSMember" name="VellodiJTWROSMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_StraightLineRents" name="StraightLineRents" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_SealyIndustrialPartnersIVGPLLCMember" name="SealyIndustrialPartnersIVGPLLCMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_AcquiredInPlaceLeasesAmortizationIncomeAfterYearFour" name="AcquiredInPlaceLeasesAmortizationIncomeAfterYearFour" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_BelowMarketLeaseAmortizationIncomeAfterYearFour" name="BelowMarketLeaseAmortizationIncomeAfterYearFour" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001929017_TenantOneMember" name="TenantOneMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_DistributionFees" name="DistributionFees" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_LimitedPartnersExpandableCashContributions" name="LimitedPartnersExpandableCashContributions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001929017_DRIPContributions" name="DRIPContributions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001929017_OfferingCostsPayableToRelatedParties" name="OfferingCostsPayableToRelatedParties" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001929017_LineOfCreditFacilityMaturityExtensionDescription" name="LineOfCreditFacilityMaturityExtensionDescription" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_ScheduleOfAmortizationExpenseRelatedToTermLoanTableTextBlock" name="ScheduleOfAmortizationExpenseRelatedToTermLoanTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_Straight-LineRentAdjustment" name="Straight-LineRentAdjustment" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001929017_AcquiredInPlaceLeasesAmortizationIncomeNextTwelveMonths" name="AcquiredInPlaceLeasesAmortizationIncomeNextTwelveMonths" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_AcquiredInPlaceLeasesAmortizationIncomeYearThree" name="AcquiredInPlaceLeasesAmortizationIncomeYearThree" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_AcquiredIn-PlaceLeasesNetAmortizationIncomeFiscalYearMaturityAbstract" name="AcquiredIn-PlaceLeasesNetAmortizationIncomeFiscalYearMaturityAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_AboveMarketRentLeaseIntangibles" name="AboveMarketRentLeaseIntangibles" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_ProceedsOfEarnedAmountsReceivable" name="ProceedsOfEarnedAmountsReceivable" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_SummaryOfSignificantAccountingPoliciesAndRecentAccountingPronouncementLineItems" name="SummaryOfSignificantAccountingPoliciesAndRecentAccountingPronouncementLineItems" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_AssetManagementFeePercentFee" name="AssetManagementFeePercentFee" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_SIPIVREITMember" name="SIPIVREITMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_IndianaIowaKansasMississippiMissouriOhioOklahomaAndTexasMember" name="IndianaIowaKansasMississippiMissouriOhioOklahomaAndTexasMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_BelowMarketRentLeaseIntangibles" name="BelowMarketRentLeaseIntangibles" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001929017_RentalRevenue" name="RentalRevenue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001929017_IncrementalBorrowingRate" name="IncrementalBorrowingRate" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_IDVAldineWestfieldLLCMember" name="IDVAldineWestfieldLLCMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_SeniorSecuredFacilitiesMember" name="SeniorSecuredFacilitiesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_LessorOperatingLeasePaymentsToBeReceivedExcludingBaseRentThreeYears" name="LessorOperatingLeasePaymentsToBeReceivedExcludingBaseRentThreeYears" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_ElPasoTexasMember" name="ElPasoTexasMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_RecoveryOfDistributionFees" name="RecoveryOfDistributionFees" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_TenantReimbursementsRevenue" name="TenantReimbursementsRevenue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001929017_AboveMarketLeaseNetAmortizationIncomeFiscalYearMaturityAbstract" name="AboveMarketLeaseNetAmortizationIncomeFiscalYearMaturityAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_PreferredUnitsOfferingCostsPerShare" name="PreferredUnitsOfferingCostsPerShare" type="dtr-types:perShareItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_DSTPropertyMember" name="DSTPropertyMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_FixedRateDebtMember" name="FixedRateDebtMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_AboveMarketLeaseAmortizationIncomeAfterYearFour" name="AboveMarketLeaseAmortizationIncomeAfterYearFour" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_SubordinatedParticipationInterests" name="SubordinatedParticipationInterests" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001929017_IDVJVMember" name="IDVJVMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_AcquisitionFees" name="AcquisitionFees" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_AlternativeSellingCommissionPercentageCap" name="AlternativeSellingCommissionPercentageCap" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_BookValueOfPropertySold" name="BookValueOfPropertySold" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_ContributionsInTransit" name="ContributionsInTransit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_AndersonIndianaMember" name="AndersonIndianaMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_LimitedPartnershipInterestMaximumGrossContributions" name="LimitedPartnershipInterestMaximumGrossContributions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_BelowMarketRentLeaseIntangiblesMember" name="BelowMarketRentLeaseIntangiblesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_AboveMarketLeaseAssetWeighted-AverageAmortizationPeriod" name="AboveMarketLeaseAssetWeighted-AverageAmortizationPeriod" type="xbrli:durationItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_PropertyOperatingExpenses" name="PropertyOperatingExpenses" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_TenantThreeMember" name="TenantThreeMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_SummaryOfPartnersCapitalContributionsReceivedAndNumberOfUnitsIssuedTableTextBlock" name="SummaryOfPartnersCapitalContributionsReceivedAndNumberOfUnitsIssuedTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_PreferredStockDividendsNumberOfInstallments" name="PreferredStockDividendsNumberOfInstallments" type="xbrli:integerItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_PropertyManagementFees" name="PropertyManagementFees" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_LessorOperatingLeasePaymentToBeReceivedAfterYearFour" name="LessorOperatingLeasePaymentToBeReceivedAfterYearFour" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_PartnersCapitalAccountContributionsIssuanceCost" name="PartnersCapitalAccountContributionsIssuanceCost" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_ThriventLoanAgreementAndPromissoryNoteMember" name="ThriventLoanAgreementAndPromissoryNoteMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_PrepaidExpensesAndOtherAssetsPolicyTextBlock" name="PrepaidExpensesAndOtherAssetsPolicyTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_AcquiredInPlaceLeasesAmortizationIncomeYearTwo" name="AcquiredInPlaceLeasesAmortizationIncomeYearTwo" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_PartnersCapitalDistributionsPayable" name="PartnersCapitalDistributionsPayable" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001929017_PreferredStockDividendsAnnualRate" name="PreferredStockDividendsAnnualRate" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_PropertyTaxesAndInsurance" name="PropertyTaxesAndInsurance" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_AccountingPoliciesTable" name="AccountingPoliciesTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_AccumulatedAmortizationOfAboveMarketIntangibleLeaseAsset" name="AccumulatedAmortizationOfAboveMarketIntangibleLeaseAsset" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001929017_LessorOperatingLeasePaymentsToBeReceivedExcludingBaseRentRemainderOfFiscalYear" name="LessorOperatingLeasePaymentsToBeReceivedExcludingBaseRentRemainderOfFiscalYear" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_TangibleRealEstateAssetDepreciationExpenseTableTextBlock" name="TangibleRealEstateAssetDepreciationExpenseTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_StraightLineRentWriteOffIncludedInTenantReceivable" name="StraightLineRentWriteOffIncludedInTenantReceivable" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_SIPIVInvestorMember" name="SIPIVInvestorMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_LesseeOperatingLeaseLiabilityToBePaidAfterYearFour" name="LesseeOperatingLeaseLiabilityToBePaidAfterYearFour" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001929017_FormationContributionMember" name="FormationContributionMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_DistributionMadeToLimitedPartnerDateOfRecordDescription" name="DistributionMadeToLimitedPartnerDateOfRecordDescription" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_IncreaseDecreaseInAccruedCashDistributions" name="IncreaseDecreaseInAccruedCashDistributions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_AssetManagementFeePayable" name="AssetManagementFeePayable" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001929017_RecurringDistributionFeePercentage" name="RecurringDistributionFeePercentage" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_AcquiredValueOfInPlaceLeases" name="AcquiredValueOfInPlaceLeases" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_AboveMarketLeaseAmortizationIncomeYearFour" name="AboveMarketLeaseAmortizationIncomeYearFour" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_SealyIndustrialDSTMember" name="SealyIndustrialDSTMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_FinancingCostsCapitalized" name="FinancingCostsCapitalized" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_ClassRLimitedPartnersMember" name="ClassRLimitedPartnersMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_SealyIndustrialPartnersIVREITLLCMember" name="SealyIndustrialPartnersIVREITLLCMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_GPAndOfficersOfSealyMember" name="GPAndOfficersOfSealyMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_SealyInvestmentSecuritiesLLCMember" name="SealyInvestmentSecuritiesLLCMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_ThriventTermLoanMember" name="ThriventTermLoanMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_DebtInstrumentMaturityExtensionOptions" name="DebtInstrumentMaturityExtensionOptions" type="xbrli:durationItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_CashContributionToJointVenture" name="CashContributionToJointVenture" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001929017_ContributionOfPropertyToDST" name="ContributionOfPropertyToDST" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001929017_PartnersCapitalAccountRedeemedPerUnit" name="PartnersCapitalAccountRedeemedPerUnit" type="dtr-types:perShareItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_PartnersCapitalAccountRepurchaseConsideration" name="PartnersCapitalAccountRepurchaseConsideration" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001929017_WestfieldIndianaMember" name="WestfieldIndianaMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_AreaOfRealEstatePropertyPurchased" name="AreaOfRealEstatePropertyPurchased" type="dtr-types:areaItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_PartnersCapitalAccountRedemptionsDiscountHeldUnitsForLessThanTwoYear" name="PartnersCapitalAccountRedemptionsDiscountHeldUnitsForLessThanTwoYear" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_LesseeOperatingLeaseLiabilitiesToBePaidRemainderOfFiscalYear" name="LesseeOperatingLeaseLiabilitiesToBePaidRemainderOfFiscalYear" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001929017_AcquiredInPlaceLeasesWeighted-AverageAmortizationPeriod" name="AcquiredInPlaceLeasesWeighted-AverageAmortizationPeriod" type="xbrli:durationItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_IncomeFromDSTInvestment" name="IncomeFromDSTInvestment" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001929017_SealyCompanyLLCMember" name="SealyCompanyLLCMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_CostMethodInvestmentOwnershipPercentage" name="CostMethodInvestmentOwnershipPercentage" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_KeyBankTermLoanAMember" name="KeyBankTermLoanAMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_AccumulatedAmortizationOfAcquiredValueOfIn-PlaceLeases" name="AccumulatedAmortizationOfAcquiredValueOfIn-PlaceLeases" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001929017_KeyBankTermLoanBMember" name="KeyBankTermLoanBMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_AboveMarketLeaseAmortizationIncomeRemainderOfFiscalYear" name="AboveMarketLeaseAmortizationIncomeRemainderOfFiscalYear" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_AccountingPoliciesLineItems" name="AccountingPoliciesLineItems" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_PaymentOfDistributionFees" name="PaymentOfDistributionFees" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001929017_NumberOfExtensionOptionsAvailable" name="NumberOfExtensionOptionsAvailable" type="xbrli:integerItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_ClassILimitedPartnersMember" name="ClassILimitedPartnersMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_ConstructionLoanAgreementMember" name="ConstructionLoanAgreementMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_AnnualizedBaseRentPercentageFromSignificantTenant" name="AnnualizedBaseRentPercentageFromSignificantTenant" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_ScheduleOfPurchasePriceAllocationOfPropertiesAcquiredTableTextBlock" name="ScheduleOfPurchasePriceAllocationOfPropertiesAcquiredTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_ReimbursementCostsPayableToRelatedParties" name="ReimbursementCostsPayableToRelatedParties" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001929017_LesseeOperatingLeaseRenewalDescription" name="LesseeOperatingLeaseRenewalDescription" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_UnitsRedeemedMember" name="UnitsRedeemedMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_ReturnOfInvestmentFromDST" name="ReturnOfInvestmentFromDST" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_LessorOperatingLeasePaymentsToBeReceivedExcludingBaseRentTwoYears" name="LessorOperatingLeasePaymentsToBeReceivedExcludingBaseRentTwoYears" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_AboveMarketLeaseAmortizationIncomeYearThree" name="AboveMarketLeaseAmortizationIncomeYearThree" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_AcquiredInPlaceLeasesAmortizationIncomeYearFive" name="AcquiredInPlaceLeasesAmortizationIncomeYearFive" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_BrokerDealerAgreementCostsPayableToRelatedParties" name="BrokerDealerAgreementCostsPayableToRelatedParties" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001929017_MaximumExposureToLossOnVariableInterestEntityInvestmentBalance" name="MaximumExposureToLossOnVariableInterestEntityInvestmentBalance" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001929017_CapitalUnitsExpandableAmount" name="CapitalUnitsExpandableAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001929017_NumberOfTenants" name="NumberOfTenants" type="xbrli:integerItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_AboveMarketRentLeaseIntangiblesMember" name="AboveMarketRentLeaseIntangiblesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_EdgertonKansasMember" name="EdgertonKansasMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_ScheduleOfJointVentureValuesFromConsolidatedBalanceSheetsTableTextBlock" name="ScheduleOfJointVentureValuesFromConsolidatedBalanceSheetsTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_RealEstateInvestmentPropertyNetTaxBasis" name="RealEstateInvestmentPropertyNetTaxBasis" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001929017_FirstAmendedAndRestatedCreditAgreementMember" name="FirstAmendedAndRestatedCreditAgreementMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001929017_ScheduleOfLeaseIntangiblesAmortizationTableTextBlock" name="ScheduleOfLeaseIntangiblesAmortizationTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_ImpairmentOfRealEstateAssetsPolicyTextBlock" name="ImpairmentOfRealEstateAssetsPolicyTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001929017_AreaOfRealEstatePropertySold" name="AreaOfRealEstatePropertySold" type="dtr-types:areaItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
</xsd:schema>
