Exhibit 21.1

SUBSIDIARIES

 

Subsidiary

   State of Incorporation /Formation    Percentage of Ownership  

Generation Income Properties, LP

   Delaware      86.5

GIP REIT OP Limited LLC

   Delaware      100

GIP DB SPE, LLC

   Delaware      100

GIPDC 3707 14th St LLC

   Delaware      100

GIPFL 1300 S Dale Mabry LLC

   Delaware      100

GIPAL JV 15091 SW ALABAMA 20

   Delaware      100

GIPVA 2510 WALMER AVE, LLC

   Delaware      100

GIPVA 130 CORPORATE BLVD, LLC

   Delaware      100

GIPFL 508 S Howard Ave, LLC

   Delaware      100

GIPNC 201 Etheridge Road LLC

   Delaware      100

GIPFL 702 Tillman Place, LLC

   Delaware      100

GIPIL 525 S Perryville RD, LLC

   Delaware      100

GIPCO 585 24 1/2 ROAD, LLC

   Delaware      100

GIPIL 3134 W 76th STREET, LLC

   Delaware      100

GIPFL 10002 N DALE MABRY, LLC

   Delaware      100

GIPAZ 199 N PANTANO ROAD, LLC

   Delaware      100

GIPVB SPE LLC

   Delaware      100