Verizon Wireless Cell Tower Ground Lease
Self Storage
Marketing description
Rare opportunity to acquire the landlord's interest in a Verizon Wireless ground lease via perpetual easement. This single-tenant site is anchored by an investment-grade national carrier and generates approximately $18,300 in annual ground rent with a 2% annual escalator. The lease carries up to ~17 years of remaining term through automatically renewing 5-year periods (through approximately 2043). The tenant owns the tower and all equipment; this offering conveys the ground/income interest only and is subject to the tenant's right of first refusal. Verizon-anchored, passive, and ideal for buyers seeking durable infrastructure-backed cash flow.
Investment highlights
Purchase Price: $400,000
Tenant: Verizon Wireless — investment-grade national carrier, single tenant
Income: ~$18,300/year ground rent, 2% annual escalator
Term: Up to ~17 years remaining (auto-renewing 5-year terms through ~2043)
Offering: Landlord's interest sold via perpetual easement; subject to tenant's right of first refusal
Improvements: Tenant owns the tower and all equipment; offering is the ground/income interest only
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