156 Periwinkle Ln, Washington, NC 27889

$225,000

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List Price
$225,000
Status
ACTIVE
Days on Market
8
MLS#
100591064
Subtype
Commercial Sale
Year Built
2006
Lot Size
10,019
Acres
0.23
Subdivision
Not In Subdivision
Neighborhood
Not In Subdivision

Property 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 -Currently brings in $9720/annually 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.

Additional Information

Zoning
I-2

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Listing courtesy of United Real Estate East Carolina.