2171X Fm 1235

Merkel, TX 79536

Income-producing telecom investment opportunity featuring a dedicated 75’ x 75’ fenced parcel with an active cellular tower site. Property is subject to an existing single-tenant ground lease with Tillman Infrastructure, a national telecommunications infrastructure provider. Current rent is $900 per month ($10,800 annually) with contractual rent increases of eight percent (8%) at the commencement of each five-year extension term. The lease includes an initial ten (10) year term with multiple automatic renewal options totaling up to ninety (90) years. Tenant has 24-7 access and is responsible for utilities and expenses related to its improvements. Ownership responsibilities are minimal. The tower site is a standalone, separately owned parcel and is not part of the surrounding acreage or nearby residential property. Property will be conveyed subject to the existing lease. Lease contains a Right of First Refusal in favor of the tenant. Buyer to independently verify all lease terms, income, and due diligence items. Ideal opportunity for cash investors or 1031 exchange buyers seeking long-term, passive income backed by an established telecom tenant.

Listing courtesy of Jordan Nichols of RE/MAX Big Country [email protected]



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-01-06 07:28 PM CST