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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
34582781

156 Periwinkle Lane, Washington, NC 27889 For Sale

$225,000
1 day on market
Updated 1 day ago

156 Periwinkle Lane, Washington NC 27889

Details
Property Type Retail, Industrial
Net Rentable (SqFt) 9,720
Units 1
Brand/Tenant U.S. Cellular
Rent Bumps Yes
Year Built 2006
Acreage 0.230
Zoning I-2
Ground Lease Yes
Sale Condition N/A

Selling the ground lease/easement for a cellular tower

Marketing description

Cell Tower Ground Lease & Easement Investment Opportunity

Exceptional opportunity to acquire a long-term, income-producing cell tower ground lease and easement with an established telecommunications provider. This investment offers dependable passive income with approximately 9 years remaining on the current lease term through 2037, providing stable cash flow backed by essential wireless infrastructure.

The easement includes established access rights, ensuring uninterrupted operation of the tower while requiring minimal owner involvement. As demand for reliable wireless connectivity continues to grow, cell tower assets remain highly desirable for investors seeking predictable returns.

Investment Highlights:

  • Long-term lease in place through 2037
  • Consistent recurring income from an established telecommunications tenant
  • Established easement with legal access rights
  • Low-maintenance, passive investment
  • Opportunity for future lease renewals and potential rent escalations, subject to lease terms
  • Strong infrastructure asset in a growing telecommunications industry
  • Annual income is $9,720 with 5% increase every 5 years

Whether you're looking to diversify your portfolio or secure a reliable income-producing asset, this cell tower lease and easement present a rare opportunity to invest in a proven, long-term revenue stream.

Investment highlights

Cell Tower Ground Lease & Easement Investment Opportunity

Exceptional opportunity to acquire a long-term, income-producing cell tower ground lease and easement with an established telecommunications provider. This investment offers dependable passive income with approximately 9 years remaining on the current lease term through 2037, providing stable cash flow backed by essential wireless infrastructure.

The easement includes established access rights, ensuring uninterrupted operation of the tower while requiring minimal owner involvement. As demand for reliable wireless connectivity continues to grow, cell tower assets remain highly desirable for investors seeking predictable returns.

Investment Highlights:

  • Long-term lease in place through 2037
  • Consistent recurring income from an established telecommunications tenant
  • Established easement with legal access rights
  • Low-maintenance, passive investment
  • Opportunity for future lease renewals and potential rent escalations, subject to lease terms
  • Strong infrastructure asset in a growing telecommunications industry
  • Annual income is $9,720 with 5% increase every 5 years

Whether you're looking to diversify your portfolio or secure a reliable income-producing asset, this cell tower lease and easement present a rare opportunity to invest in a proven, long-term revenue stream.

Listing Contacts

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Additional Information

Name
Ashleigh Capps
License
337801
Brokerage
United Real Estate East Carolina
Brokerage Phone
252-916-5815
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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