Subject property consists of 97.47 acres of which 29.2655 acres is an operating solar facility. The remaining 68.2 acres has approximately 15 acres producing hay with the balance being wooded, and has a 1-acre pond. The solar lease began in 2017. The lease originated in June, 2017 with an initial term of 15 years with 5 5-year renewal options. If all renewals are exercised the lease ends in June of 2057. The lease rate is $2,059.86 /month and has a 2% annual escalation rate.

Location

Print Details

Properties marked with the Triad MLS icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database. The information being provided is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright 2022 Triad MLS, Inc. of North Carolina. All rights reserved. Updated: 4th October, 2023 8:39 PM (UTC)

Listing Office: Berkshire Hathaway Homeservices Carolinas Realty

Attribution contact: 336-782-1831