Income-Generating 10-Acre Land Lease Opportunity with Solar Company
Exceptional investment opportunity! This 10-acre property is currently leased to a solar company, generating $12,000 per year in rental income. The lease term is 20 years, with an option for an additional 20 years.
The solar company has a secured contract with LA Power to sell its generated electricity, with payments set to begin on 01/01/2026. However, due to financial delays, LA Power has postponed the electricity connection until 2028 or earlier. During this period, the solar company requests reduced annual payments of $3,000 for 2-3 years.
Once the electricity connection is established (expected in 2027 or 2028), the solar company will resume the full $12,000 annual payment and has committed to purchasing the property for $100,000.
Seller is offering this 10-acre parcel now for just $55,000—don't miss this incredible opportunity!
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