About This Home

This 0-bedroom, 0-bathroom commercial at 156 Periwinkle Lane in Washington, NC is listed for $225,000. Built in 2006, on a 0.23 acres lot.

Key Features

  • Built in 2006
  • 0.23 acre lot

Property Details

2006
Listing 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 g

rowing 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.

Monthly Cost Estimate

$1,203/mo

20% down · 6.5% · 30 years

Principal$163
Interest$975
Insurance$66

Estimates only. Actual payments may vary.

Location

156 Periwinkle Lane

Washington, NC 27889

Not In Subdivision

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 156 Periwinkle Lane is listed at $225,000. The estimated monthly payment is $1,204 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2006, 0.23 acre lot.

This property is listed by Dan Jenkins.

DJ

Dan Jenkins

License 242367

Agent at United Real Estate East Carolina

Listed by United Real Estate East Carolina · Broker phone: (252) 355-3129 · Broker website

MLS# 100591064· Source: Hive MLS· 98 days on PropertySimple

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

156 Periwinkle Lane, Washington, NC 27889

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