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- LoopNet Team
107 Colburn Rd
Charlton, MA 01507
107A Colburn Road · Land For Sale
·
106.59 AC
INVESTMENT HIGHLIGHTS
- Income-generating solar lease with nearly $1.5M in remaining payments over 35 years
- Valuable topographical and wetlands surveys available
- Built-in 1% annual rent escalation ensures growing, reliable returns
- Ground Lease available for review
PROPERTY FACTS
DESCRIPTION
Located in the serene town of Charlton, this 100-acre parcel of land presents a rare investment opportunity! Currently, the land hosts a solar field that is under a ground lease contract, which offers nearly $1.5 million in remaining payments over the next 20 years.The lease terms include a 1% annual increase, ensuring consistent returns for the duration of the agreement. Approximately 20 of the 80 acres of land are occupied by the solar panels, which means that the 80 acres are available for your use, offering a wealth of possibilities. Topographical & wetlands surveys are attached to the listing for your review, providing key insights into the land's potential & enabling you to explore all possible uses. With a secure & long-term ground lease in place, this property is primed for both immediate returns & substantial future development potential. Don’t miss out! Please DO NOT walk land. Ground lease is available - reach out to Kim with any questions or to access additional documentation.
