Cell Tower Ground Lease Triple Net (NNN) Solver

Underwrite purchasing the underlying ground parcels beneath mission-critical telecommunication cell towers, receiving non-cancellable escalators with zero landlord property maintenance.

Ground Leases & Monthly Rent

Number of Cell Tower Ground Leases Acquired

Current Monthly Ground Rent Billed ($ / tower / mo)

Contractual Annual Rent Escalation (% - e.g. 3.0%)

Total Equity Invested in Tower Land ($ USD)

Annual Cash & Net Dividend Yield

Annual Gross Ground Lease Rent Billings

$136,800 / yr

Net Cash Distributed to Investors (Post-Admin)

+$129,960 / yr (8.96% Cash Yield)

Year-10 Annual Rent with Contractual 3% Escalator

$178,495 / yr (+30.5% Rent Growth)