156 Periwinkle LN, Washington, NC 27889
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Barefoot-Chandler & Associates

Barefoot-Chandler & Associates

+1(252) 723-0504
$ 225,000
Est. payment | /mo

10,019 Sqft Lot


Save
$ 225,000
Est. payment | /mo
Save

10,019 Sqft Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Not In Subdivision

MLS Listing ID 100591064

Land Lease Amount 9720.0

Year Built 2006

Lot Size 10,019 Sqft

Acres 0.23

Lot Dimensions buyer to verify all measurements

Source Hive MLS

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.

Location

State NC

County Beaufort

Community Not In Subdivision

Zoning I-2

Direction Coming from Washington, take US-264 East. Turn left on to Tranters Creek Dr. Turn left onto Periwinkle Lane. Property is down on the right side.

Location Details Mainland

Exterior

Utilities Available Utility Easement

Waterfront Description None

Garage No

Building

Lot Description Cleared

New Construction No

Others

Tax ID 0004074

Acceptable Financing Cash, Lease Purchase

Listing Terms Cash, Lease Purchase

Special Listing Condition Standard

Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors / Mountain Lakes Board of Realtors
Listed by United Real Estate East Carolina

Schools and Properties Nearby

Barefoot-Chandler & Associates

Find out why customers are choosing LPT Realty to meet their real estate needs

Learn More About LPT Realty

Name
Phone*
Message
Tour the Home

156 Periwinkle LN