# 156 Periwinkle Lane, Washington, NC 27889

> **TL;DR:** commercial, $225,000, built 2006. Est. $1,204/mo. Listed 99 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $225,000 |
| Year Built | 2006 |
| Lot Size | 10,019 sqft (0.23 acres) |
| Property Type | Commercial (Other) |
| Status | Pending |
| Days on Market | 99 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,138 |
| Estimated Insurance | $66 |
| **Total** | **$1,204** |

## Property Highlights

- Built in 2006
- 0.23 acre lot

## Description

### 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.

## Location

- **Address:** 156 Periwinkle Lane, Washington, NC 27889
- **County:** Beaufort
- **Neighborhood:** Not In Subdivision
- **Coordinates:** 35.580147, -77.096861
- **Google Maps:** https://www.google.com/maps?q=35.580147,-77.096861

## Listing Agent

- **Name:** Dan Jenkins · **License:** 242367
- **Brokerage:** United Real Estate East Carolina
- **Broker Phone:** (252) 355-3129

## Photos

![156 Periwinkle Lane - Photo 1](http://lh.rdcpix.com/d60e3716ae36d8c2b67e2f226b97b2acl-f773167775r.jpg)

---

**MLS#:** 100591064 | **Updated:** 2026-10-20
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/156-periwinkle-lane-washington-nc-27889-b77d30b41c5840ffb2933aca1153fb84)

---

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