Property 3277338

CBS Billboard Ground Lease Offering

5309 29th Street E Ellenton FL 34222  |  Manatee County, FL
  • $2,500,000
  • 20 acres

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Listing Status: Active
Listing Type: Sale
Property Type(s):
Irrigated: No
Residence: No
Property ID: 3277338
Property Website

Property Description

This is a rare opportunity to acquire a CBS Digital Billboard ground lease. The offering is for the 100% fee simple interest in the underlying real estate. The billboard serves has excellent visibility from the highway and is located near the Ellenton Premium Outlets. The tenant is Outfront Media Inc. (formerly CBS Outdoor) and rent is paid quarterly. The billboard is in it' s third year, and trending towards $700k advertisement sales. The absolute NNN ground lease provides for zero landlord obligations.

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The Kase Group Listings

The Kase Group

(925) 348-1844 (work)

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The Kase Group Listings

The Kase Group

(925) 348-1844 (work)

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