2171x Fm 1235 Merkel, TX 79536

This income-producing telecom investment opportunity features a dedicated 75’ x 75’ fenced parcel with an active cellular tower site. The property, located in Merkel, TX, is subject to an existing single-tenant ground lease with Tillman Infrastructure, a national telecommunications infrastructure provider. The lot size is 0.12 acres. Current rent is $900 per month, amounting to $10,800 annually, with contractual rent increases of eight percent at the commencement of each five-year extension term. The lease includes an initial ten-year term with multiple automatic renewal options totaling up to ninety years. The tenant has 24/7 access and is responsible for utilities and expenses related to its improvements, resulting in minimal ownership responsibilities. The tower site is a standalone, separately owned parcel and is not part of the surrounding acreage or nearby residential property. The property will be conveyed subject to the existing lease, which contains a Right of First Refusal in favor of the tenant. This presents an ideal opportunity for cash investors or 1031 exchange buyers seeking long-term, passive income backed by an established telecom tenant. Buyer to independently verify all lease terms, income, and due diligence items.