80 Benner Rd, Rockland, ME 04841

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Building Details:

• Year Built: 1991

25 year lease expiring on 12/31/2017. Annual rental payments - $14,095.91 NNN. Lease calls for annual CPI adjustments. In the event Time Warner does not renew the lease, the improvements on property (including the building, generator and tower) will automatically revert to the owner of the property.
Tower was last inspected in April of 2013. A copy of the report is available for review by interested parties. The owner of the land has the right to lease up to three spaces (possibly four since Time Warner is no longer using the tower) on the tower without any offset on the rent to Time Warner. This provides the owner of the land owner the opportunity to generate additional income. Copy of the lease is available for review by qualified buyers.