USANCWashingtonNot in Subdivision156 Periwinkle Lane

156 Periwinkle Lane, Washington, NC

Name: 156 Periwinkle Lane, For Sale in Washington - Zoocasa
Brand: United Real Estate East Carolina
SKU: 100591064
Price: 225000 USD

House

For Sale

Listed price in listed location currency (USD).

$225,000

000

MLS® 100591064

Overview

Key Facts

Type

Levels Commercial Sale

Size -

Garage

Taxes

Days Active 0

Lot Size 0.23 Acres

Approx. Age 2006

MLS® Number 100591064

Property Address: 156 Periwinkle Lane, Washington, NC, 27889

Average square foot calculated using Size range provided by listing agent.

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.

MLS® Number100591064

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age2006

Basement

Driveway

Garage Spaces

Heat

A/C

Extras

Map

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