Exhibit 21.1
| Subsidiary |
State of Incorporation / Formation | |
| Generation Income Properties, LP | Delaware | |
| GIP REIT OP Limited LLC | Delaware | |
| GIP DB SPE, LLC | Delaware | |
| GIPDC 3707 14th St LLC | Delaware | |
| GIPFL 1300 S Dale Mabry LLC | Delaware | |
| GIPAL JV 15091 SW ALABAMA 20 | Delaware | |
| GIPVA 2510 WALMER AVE, LLC | Delaware | |
| GIPVA 130 CORPORATE BLVD, LLC | Delaware | |
| GIPFL JV 1106 CLEARLAKE ROAD, LLC | Delaware | |
| GIPRI 332 Valley St LLC | Delaware | |
| GIPFL 508 S Howard Ave, LLC | Delaware | |
| GIPNC 201 Etheridge Road LLC | Delaware | |
| GIPFL 702 Tillman Place, LLC | Delaware | |