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$225,000 Just Listed
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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.
Full Property Details
Full Property Details for 156 Periwinkle Ln
General
- Price: $225,000
- Taxes: (2025)
- Status: Active
- Type: Industrial
- Source: 2253
- MLS ID: 100591064
- Updated: 7/23/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Commercial, Industrial
Rental Information
- Lease Info: Ground Lease
Location
- County: Beaufort
- Subdivision: Not In Subdivision
- Driving Directions: 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.
Utilities
- Utility Description: Utility Easement
Structural Information
- Current Bldg. Use: Commercial, Industrial
- Year Built: 2006
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,019
- Lot Dimensions: buyer to verify all measurements
- Frontage: Gravel
- Lot Features: Cleared
- Land Lease Avail: Yes
- Zoning: I-2
Financial Considerations
- For Sale: Yes
- Land Lease Fee: $9,720
- Land Lease Fee Freq: Annually
- Tax Year: 2025
- Terms: Cash, Lease Purchase
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: 4074
- Property ID: 4074
Listed by United Real Estate East Carolina, Dan Jenkins
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Schools
Schools serving 156 Periwinkle Ln
School District:Beaufort County Schools
| Name | Grades | Distance |
|---|---|---|
John C Tayloe Elementary 910 Tarboro Street, Washington, NC 27889 | 2-3 | 2.3 mi |
John Small Elementary 4103 North Market Street, Washington, NC 27889 | 4-5 | 3.2 mi |
Eastern Elementary 947 Hudnell Street, Washington, NC 27889 | PK-1 | 4.2 mi |
P S Jones Middle 4105 North Market Street, Washington, NC 27889 | 6-8 | 3.2 mi |
Washington High 400 Slatestone Road, Washington, NC 27889 | 9-12 | 4.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 156 Periwinkle Ln
Date
Details
Price
Change
Source
7/23/2026
Listed
$225,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 156 Periwinkle Ln
156 Periwinkle Lane, Washington, NC 27889 (MLS# 100591064) is a Industrial property. 156 Periwinkle Lane is currently listed for $225,000 and was received on July 23, 2026. Want to learn more about 156 Periwinkle Lane? Do you have questions about finding other Industrial real estate for sale in Washington? You can browse all Washington real estate or contact a Coldwell Banker agent to request more information.

